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Chicago’s Multifamily Market Deceleration Causes Rental Demand To Remain High

One- and Two-Person Households Dominate Its Occupancy Rates
CoStar Analytics
November 14, 2023 | 9:52 P.M.

From studio apartments to three-bedroom units, Chicago’s multifamily under-construction levels steadily declined after the heights reached during 2018 and 2019.

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