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Market Overview
Land for sale in Chicago is currently averaging $171 per square foot. That is a figure worth noting against the broader Illinois trend, where the state average price per square foot rose from $137 in Q1 2026 to $253 by Q3 2026, an increase of about 85%. During that same period, Chicago moved more gradually from $144 to $171.
- There are currently 120 land listings for sale in Chicago, a market that held relatively steady through the first three quarters of 2026, ranging between 118 and 131 active listings each month.
- Available parcels currently average 77,054 SF, with the largest listing reaching 550,000 SF, reflecting a wide range of site options across the city.
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