Construction Value
$1.08B ▲ 35.7%
Units Permitted
4,371 ▲ 20.9%
Avg Value / Unit
$247K
2024 · Census Bureau Building Permits Survey
Construction activity in Chicago jumped in 2024, up 20.9% from the prior year with 4,371 housing units permitted. At $247K per unit, new builds are in line with the Cook County average of $228K. Volume is 4,185% above the county average of 102 units, suggesting faster-than-typical growth. 92.6% of new units were multi-family (apartments, condos, duplexes).
Housing Mixi
Development Densityi
Units per building permitted
A mix of single-family and multi-unit development.
Construction Intensityi
$399
per resident
County avg: $1K-65%
$4.6M
per square mile
Chicago vs. Cook County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 325 | 325 | $162.0M | 15% |
| ■ Duplex | 132 | 66 | $40.9M | 4% |
| ■ 3-4 Unit | 336 | 105 | $82.7M | 8% |
| ■ 5+ Unit | 3,578 | 115 | $795.2M | 74% |
County Ranking by Construction Volume
Among 127 permit-issuing towns in Cook County
Historical trends, year-over-year analysis, and full permit history available with a paid plan. See products & pricing →
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