Building Permits — Schaumburg, Illinois

Insightsi

Construction activity in 2024 was up 5.6% from the prior year, with 113 housing units permitted.

•109% more units than the average Cook County town (54), suggesting faster-than-typical growth.
•Average unit valued at $292K, similar to the Cook County average of $288K.
•17.7% of new units were multi-family (apartments, condos, duplexes).

Schaumburg vs. Avg. Cook Co. Town (2024)i

SchaumburgAvg.Diff

Total Unitsi11354+109%

Total Valuei$32.9M$15.5M+112%

Single-Familyi9310+830%

Multi-Familyi2044-55%

Buildingsi9713+646%

Value / Uniti$292K$288K+1%

Housing Units Permittedi

Solid line is Schaumburg; dashed line is Cook County average.

Construction Valuei

Solid line is Schaumburg; dashed line is Cook County average.