How many houses, buildings, units, and lots are vacant in Chicago depends on how you measure them. I’m aware of at least five ways to measure housing vacancy, using publicly available data, each with varying degrees of accuracy and coverage.
Each measurement method has its own TAKEAWAY so you can quickly scan to see how many units are potentially vacant. The bottom line, I believe, is that the vacancy rate in Chicago is quite low and vacant units is not a viable and scalable source for the additional housing that Chicago needs. However, I am compelled to add that it’s unclear how many additional homes Chicago needs because there are no analyses that uncover the shortfall or recommend a goal production number.
1. Vacant units, per Census bureau
The US Census Bureau says there are 1,258,704 dwelling units in Chicago, and that 10.2% of them are vacant (128,796 units). The Census bureau has two types of vacant, which generally break down into “listed for rent or for sale and temporarily unoccupied” and “all other reasons”. This data comes from American Community Survey (ACS) 5-year survey.
The Census says 37.3% of Chicago’s vacant units are “temporarily unoccupied” (38,450 units) and 62.7% are vacant for “other reasons” (64,589 units). This data comes from ACS 1-year data, which has larger margins of error than the 5-year survey data. The “other reasons” are what I am calling “truly vacant”.
The most common survey response within “other reasons” is that the unit is currently being renovated or repaired (20.2%). Additional top “other reasons” are:
- Currently being renovated/repaired: 20.2%
- Personal/family reasons: 15.6%
- Needs repairs: 14.6%
- Preparing to rent/sell: 13.1%
- Abandoned/possibly condemned: 10.1%
Up For Growth, a national policy organization, has assessed that Chicagoland has an underproduction of 129,218 homes (using 2019 data), and about 3.3 percent of the existing housing stock in the region. Assuming that 80 percent of this underproduction is “assigned” to the City of Chicago, then this underproduction represents about 1.6 times the number of vacant units (vacant for any reason in the Census Bureau’s survey) that likely exist in Chicago.
TAKEAWAY from #1: Fewer than all 64,589 units are “truly” vacant, however. About 21,508 of those units are purportedly being renovated or repaired and will be rented or sold soon.
A large number of the remaining 43,081 “truly” vacant units are unlikely to join the rental or sale market soon. Assuming that all of these 43,081 vacant units are rented or sold then Chicago, using that 80 percent assignment of the 129,218 underproduction, would still have an underproduction of 60,294 homes.
2. Vacant units, per Chicago’s Vacant Building Registry
From a February 2023 snapshot of the Chicago Vacant Building Registry, which requires landlords to register buildings as vacant once they are vacant for more than 30 days, there were 6,521 dwelling units that were reported by owners as vacant. Comparing this to the above Census bureau figure that nearly 65,000 units are truly vacant, this would mean that 90% of vacant units are not registered in the VBR.
The reasons for vacancy were not included in the VBR data I received from the city. Also, these units are likely already included in the Census figure above and not in addition to.
TAKEAWAY from #2: There are at least 6,500 vacant dwelling units in Chicago.
3. Buildings reported as vacant to 311
Chicagoans can report to 311 that they suspect a building to be vacant. There is no link to building violation citations or feedback on these reports as to whether the suspicion was founded by a city worker.
Notice how the number of reports dropped by about half from 2022 to 2023. I don’t know if there are fewer suspected buildings to be reported, fewer people are reporting buildings, or there are barriers to reporting and collecting the reports.
TAKEAWAY from #3: This data is probably not reliable to understand the number of vacant buildings in Chicago.
4. Buildings cited as needing to be registered in the Vacant Building Registry
In 2023, Chicago Department of Buildings inspectors cited 24 buildings with a violation for not being registered in the Vacant Building Registry.
TAKEAWAY from #4: If about 90% of vacant units are not registered then there are drastically few citations being issued to force registration.
5. Vacant lots, per Cook County Assessor Office
The CCAO classifies nearly every property in Cook County. The classification 1-00 represents vacant lots. At present there are 32,207 vacant lots in Chicago. 22,645 of these (70.3%) are in “R” zoning districts and allow only residential uses. Another 4,566 lots (14.2%) are in “B” and “C” neighborhood mixed-use zoning districts.
TAKEAWAY from #5: Tens of thousands of new construction homes could be built on vacant lots.
Addendums
- In its Chicago monthly market update (from January 2024) for the multifamily housing sector, Colliers brokerage reported that the Chicago MSA “has a vacancy rate of 5.3%, which is below the national rate of 7.6%”.
- Brookings Institution posted an article (in October 2024) describing other sources for housing shortage estimates, from The National Association of Home Builders (NAHB), Freddie Mac, Moody’s Analytics (Mark Zandi), and National Association of Realtors (NAR). Brookings found that, nationally, the United States is short 1.5 to 5.5 million homes, according to the four sources.
- A 2018 article from Freddie Mac determined that “the current pace of building is not enough to meet demand” and that 370,000 fewer units were built in 2017.