Chicago Metro

Chicago recorded $726.7M in reported multifamily sales in September 2026. What 77 transactions mean—and don't mean—for local apartment owners.

The Chicago multifamily market in Q3 2026 continues to outperform many major U.S. apartment markets. Vacancy remains below 5%. Rent growth is more than twice the national average. New construction remains constrained. At the same time, multifamily sales volume has increased as private capital returns to the market. For Chicago-area apartment owners, those trends are constructive—but they do not...

Chicago multifamily market 2025 Q4 shows 3.5 % rent growth, 4.7 % vacancy, and steady buyer demand. Chicago multifamily broker insights on cap rates, valuations, and investment strategy for 2026.