Glen Ellyn / West Chicago Corridor Multifamily Market Q4 2025 Update | Strong Performance & Investor Outlook
The Glen Ellyn West Chicago multifamily market Q4 2025 recorded another strong quarter with 4.2 % vacancy, 3.2 % rent growth, and steady investment activity. The corridor continues to perform as one of the most balanced suburban markets in DuPage County, supported by limited new supply and durable renter demand.
Glen Ellyn / West Chicago Multifamily Market Q4 2025 Overview
Key Metrics (Q4 2025)
Vacancy Rate: 4.2 %
12-Month Rent Growth: 3.2 %
Average Asking Rent: $1,575 / month ($1.80 / SF)
Units Under Construction: 334
12-Month Absorption: 290 units
12-Month Deliveries: 310 units
According to CoStar Analytics, the Glen Ellyn West Chicago multifamily market Q4 2025 shows consistent renter retention, with rents about $300 below the metro average ($1,880). Vacancy fell from 4.8 % to 4.2 % over the year, driven by moderate completions and strong absorption.
The corridor’s total inventory stands near 8,250 units, distributed as 15 % Class A, 38 % Class B, and 47 % Class C product. Workforce-focused housing remains the dominant performer, sustaining over 90 % tenant retention.
Rent Growth and Vacancy | Glen Ellyn West Chicago Multifamily Market Q4 2025
Vacancy: 4.2 %
Rent Growth: 3.2 % YoY
Average Effective Rent: $1,575 / month
Average Rents by Property Class
4 & 5 Star – $1,950 / month
3 Star – $1,620 / month
1 & 2 Star – $1,275 / month
Highlights
Vacancy remains below the 5-year average of 4.6 %.
Class B properties outperform, leading rent growth at +3.5 %.
The corridor provides strong value compared to higher-cost western suburbs.
The Glen Ellyn West Chicago multifamily market Q4 2025 combines affordability with location advantages along Roosevelt Road and Route 59, keeping demand steady across all asset classes.
Cap Rates and Investment Trends | Glen Ellyn West Chicago Multifamily Market Q4 2025
12-Month Investment Summary
Properties Sold: 5
Total Units: 575
Sales Volume: $121 million
Average Price per Unit: $210,000 (DuPage avg. $212,000)
Market Cap Rate: 5.8 % (metro 6.7 %)
Notable Transactions
Wheaton Oaks Apartments (144 units) – Sold for $31.5M ($218,750 / unit)
The Glen Ellyn Residences (98 units) – Sold for $20.2M ($206,000 / unit)
West Chicago Commons (85 units) – Sold for $17.6M ($207,000 / unit)
Investor Takeaways
The Glen Ellyn West Chicago multifamily market Q4 2025 continues to draw both private and institutional buyers targeting stabilized suburban assets. Value-add potential in 1980s–1990s stock remains attractive, with cap rates holding between 5.8 % and 6.0 %.
Development Pipeline | Glen Ellyn West Chicago Multifamily Market Q4 2025
Under Construction: 334 units
Roosevelt Station Apartments (220 units, Glen Ellyn) – Delivering mid-2026
Main Street Lofts (60 units, West Chicago) – Delivering early 2026
Fabyan Flats (54 units) – Small infill community
Recent Deliveries
The Enclave at St. Charles Road (102 units) – Delivered Q3 2024
Cedar Creek Apartments Expansion (84 units) – Delivered Q2 2024
The Glen Ellyn West Chicago multifamily market Q4 2025 construction pipeline equals roughly 4 % of total stock. This modest level of development keeps supply and demand balanced, with new units leasing quickly and vacancy projected to remain under 4.5 % through 2026.
2026 Outlook and Owner Strategy | Glen Ellyn West Chicago Multifamily Market Q4 2025
Forecasts for 2026
Rent Growth: +2.5 % – +3.0 %
Vacancy: ≈ 4.0 %
Cap Rates: 5.8 % – 6.0 %
Strategic Guidance
Focus on retention and amenity improvements to boost rent roll.
Expect steady investor interest in stabilized suburban communities.
Strong demand fundamentals make this submarket a consistent income performer.
The Glen Ellyn West Chicago multifamily market Q4 2025 remains positioned for continued strength through 2026, driven by job proximity, affordability, and steady population growth within DuPage County.
Request the Full Glen Ellyn / West Chicago Market Report
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References
CoStar Market Analytics – Glen Ellyn / West Chicago Corridor Report
National Multifamily Housing Council (NMHC)
Chicago Multifamily Market Q4 2025 Update
https://creconsult.net/glen-ellyn-west-chicago-multifamily-market-q4-2025/?fsp_sid=2002
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