Chicago property values are shifting
See what this means for your community
Median price is $220,000, with homes selling at 97.9% of list in about 30 days. Inventory rose to 5.86 months, keeping the market balanced.
Median price climbed to $342,500, with homes selling at 99% of list in just 17 days. Inventory dipped to 4.86 months, leaning toward a seller’s market.
60617 rents rose 3.3% to $921, while vacancy fell to 6.7% even as annual absorption declined.
60619 rents increased 4.1% to $987, vacancy edged down to 5.9%, and absorption more than doubled year over year.
Curious what your property is really worth right now?
The market is shifting, and every neighborhood tells a different story. In a quick complimentary Property Analysis Call, we’ll walk through the latest data, show you how your property stacks up, and share clear next steps to maximize its values.
Chicago Market Data Reports
The right data turns uncertainty into opportunity, and decisions into profit.
Drawn from December 2025 CoStar market reports, Chicago’s commercial landscape continues to evolve: vacancy patterns are shifting, pricing is recalibrating, and selective demand is reshaping opportunity across sectors. Understanding where momentum is building (and where it’s softening) positions owners and investors to make sharper, more strategic decisions.
Industrial
Vacancy edges up to 5.8% as demand cools and rent growth slows.
Multifamily
Undersupply keeps vacancy tight at 4.8%; rents rise 3.3% with steady absorption.
Office
Conversions and demolitions trim inventory; Class A demand steadies amid 16.7% vacancy.
Retail
Limited new supply keeps vacancy near 5%; rent growth softens as tenant mix shifts.
Access Full Reports
Information isn’t just numbers on a page. It’s leverage. The difference between a property owner who guesses and one who knows is the difference between leaving money on the table and creating lasting wealth.
With WRG’s full market reports from sources like CoStar and RPR, you gain more than charts and stats, you gain clarity, confidence, and control. You’ll see where the market is heading, how your property compares, and what moves position you for maximum return.
Don’t wait for opportunity to pass you by. Own the knowledge that puts you ahead of the curve.
Commercial and Residential reports updated monthly.
Example Multifamily Report: CoStar
Ready to Put the Numbers to Work for You?
At Ware Realty Group, we track the market and help you act on it. Our team pairs deep data with hands-on strategy to guide your next move.
Sarah Ware
Principal & Designated Managing Broker, 2026 Treasurer for Illinois REALTORS®, Past President of the Chicago Association of REALTORS®, Sarah is a recognized leader in Chicago real estate with 20+ years of experience guiding clients through complex residential and commercial markets.
Todd Mayfield
Associate Broker, commercial real estate broker and accomplished entrepreneur, Todd specializes in acquisitions, dispositions, tenant representation, and development across mixed-use, office, industrial and multifamily.