Chicago Multifamily Market Data: 77 Transactions, $726.7M Volume – September 2026

Chicago MSA Sales Analysis

September 1 – September 30, 2026

Executive Summary

The Chicago multifamily market in September 2026 recorded 77 transactions, representing $726.7 million in total sales volume. The median sale price was $1.84 million. Price per square foot averaged $209, with 3,572 units changing hands across the Chicago metropolitan statistical area. View available properties.

Data Source: CoStar Group – Commercial real estate information and analytics provider

What was the total transaction volume for Chicago MSA multifamily in September 2026?

The Chicago MSA multifamily market recorded $726.7 million in total sales volume across 77 transactions during September 2026, according to CoStar data.

What was the median sale price for multifamily properties in the Chicago MSA?

The median sale price was $1.84 million per property in September 2026 across the Chicago metropolitan statistical area.

Which submarkets had the highest multifamily sales volume in the Chicago MSA?

The top submarkets by volume were Fulton Market ($99.0M), Far North Suburban Cook ($94.2M), and Fox River Valley ($90.0M), based on CoStar transaction data.

What was the average price per unit for Chicago MSA multifamily properties?

The average price per unit was $203,400 across 3,572 total units sold in the Chicago MSA during September 2026.

How many multifamily units were sold in the Chicago MSA in September 2026?

A total of 3,572 multifamily units changed hands across 77 transactions in the Chicago MSA market during September 2026, according to CoStar Group data.

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Data Source: CoStar | Report Date: October 6, 2026 | 77 Transactions Analyzed