Chicago, IL Multifamily Properties for Lease
- Cicero, IL
- Oak Park, IL
- Berwyn, IL
- River Forest, IL
- Forest View, IL
- Skokie, IL
- North Riverside, IL
- Evanston, IL
Chicago, IL Multifamily properties Lease Rates & Market Statistics
Browse 35 Multifamily properties for lease in Chicago, IL on Realmo, a commercial real estate marketplace serving the Chicago area. The current inventory totals 11,956 square feet of properties — an average of ~350 SF per listing.
Asking lease rates for Multifamily properties in Chicago start at $26 SF/Yr, average $26 SF/Yr, and reach $26 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $26 SF/Yr is 11% above the Illinois state average of $23.50 SF/Yr.
Chicago accounts for 95% of the 37 multifamily properties currently available across Cook County, where nearby markets include Justice and Tinley Park. Multifamily properties make up 78% of the 45 Residential income properties currently for lease in Chicago, with asking rates in line with the citywide Residential income properties average. Also worth a look for tenants weighing alternatives: Other residential income properties (10 listings) elsewhere in the Chicago market.
