Chicago Real Estate Market Trends for August 2017

September 25, 2017

Chicago Market Tends

 

 

 

 

 

 

 

 

Neighborhoods included in these statistics are: Avondale, Albany Park, Edgewater, Irving Park, Lakeview, Lincoln Park, Lincoln Square, Logan Square, Loop, Near North Side, Near South Side, Near West Side, North Center, Uptown, West Town.

Chicago Real Estate Sales – Detached Single Homes

The number of Chicago detached single homes selling in August 2017 decreased by 5.08% compared to August 2016. The average selling price increased by 5.62% to $930,987 and the average market time increased by 42 days or 71.19%. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

August 2017

168

$930,987

97%

101

August 2016

177

$881,430

97%

59


Chicago Real Estate Sales – Attached Single Homes

The number of Chicago attached single homes selling in August 2017 decreased by 3.02% for the month when compared to August 2016. The average selling price increased 5.85% to $456,011 and the average market time decreased 4 days or 7.84%. Homes sold for 98% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

August 2017

1,351

$456,011

98%

47

August 2016

1,393

$430,798

98%

51


Chicago Real Estate Sales – 2-4 Flats

The number of Chicago multi-family properties selling in August 2017 decreased 9.65% when compared to August 2016. The average selling price increased 15.45% to $684,202 and the average market time increased by 18 days or 37.5%. Homes sold for 96% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

August 2017

103

$684,202

96%

66

August 2016

114

$592,637

98%

48


Curious about the value of your home? 
Get your home’s value here!

Information courtesy of Chicago Realtor Karen Breen Elia.

MAKING A POSITIVE DIFFERENCE IN PEOPLE’S LIVES.

Karen Breen Elia & Louis M. Elia, REALTORS®, are brokers for homes, condos, and multi-unit properties on Chicago’s North Side.

ChicagoCityHomes, RE/MAX Exclusive Properties
2951 North Lincoln Avenue
Chicago IL 60657
Toll Free: (866) 404-3585 Fax: (773) 938-1467  Send An Email

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Chicago Home for Sale: 847 W Monroe St, Unit 4A

September 15, 2017

847 W Monroe St, Unit 4A

Chicago Condo for Sale
847 W Monroe Street, Unit 4A Chicago, IL 60607

3 bedrooms | 2 baths | 1,596 square feet | West Loop
MLS #009749805

Virtual Tour

Walk Score

847 West Monroe Street

Walker’s Paradise

Learn more about Chicago

Outstanding West Loop location! This bright & spacious 1596 sqft 3 bedroom condo in an elevator building with front and rear balconies, full height storage locker and heated, deeded garage parking is in Skinner School district and across from Mary Bartleme Park. Huge open living space with gas fireplace & floor to ceiling windows has room for full dining room. Open kitchen with long breakfast bar, granite counter tops, maple cabinets and stainless steel appliances. Extra large master bedroom has double closets and marble bath with separate shower and jetted tub. Hardwood floors throughout and extra utility room with in unit laundry and additional storage. Rear deck has gas, water & elect. Flexicore construction. Professionally managed association with no litagation and no special assessments. Walk to blue line el, Randolph St restaurants, Greek Town, French Market, Whole Foods, Marianos, Union and Ogilvie Stations. No rental restrictions. Don’t miss this exceptional value.

MAKING A POSITIVE DIFFERENCE IN PEOPLE’S LIVES.

Karen Breen Elia & Louis M. Elia, REALTORS®, are brokers for homes, condos, and multi-unit properties on Chicago’s North Side.

ChicagoCityHomes, RE/MAX Exclusive Properties
2951 North Lincoln Avenue
Chicago IL 60657
Toll Free: (866) 404-3585 Fax: (773) 938-1467 
Send An Email

We know Chicago Real Estate!  Call us today!

Chicago Home for Sale: 847 W Monroe, Unit 4A

August 29, 2017

847 W Monroe St, Unit 4A

Chicago Condo for Sale
847 W Monroe Street, Unit 4A Chicago, IL 60607

3 bedrooms | 2 baths | 1,596 square feet | West Loop
MLS #09731971

Virtual Tour

Walk Score

Best value in the West Loop. Almost 1600 sqft of bright & beautiful living with quiet concrete construction with 3 bedrooms, 2 baths, deeded garage parking & 2 private decks. Lavish open floor plan highlighted with inlaid hardwood floors, floor to ceiling windows, gas fireplace & front balcony. Full dining room space. Granite counter tops, long breakfast bar & stainless steel appliances. Master bedroom features a marble bath with separate shower. Huge rear deck with water, gas & electric. Bright 2nd bedroom opens to deck & a glass door leads to the 3rd bdrm. In unit laundry/storage rm & assigned full sized storage locker. Elevator building is professionally managed, welcomes pets & is perfectly located in the West Loop. Skinner School district and Mary Bartleme Park is around the corner & few blocks to the blue line el, Randolph St restaurants, Greek Town, French Market, Whole Foods, Marianos, Union and Ogilvie Stations. Deeded, heated garage parking included.

MAKING A POSITIVE DIFFERENCE IN PEOPLE’S LIVES.

Karen Breen Elia & Louis M. Elia, REALTORS®, are brokers for homes, condos, and multi-unit properties on Chicago’s North Side.

ChicagoCityHomes, RE/MAX Exclusive Properties
2951 North Lincoln Avenue
Chicago IL 60657
Toll Free: (866) 404-3585 Fax: (773) 938-1467 
Send An Email

We know Chicago Real Estate!  Call us today!

Chicago Real Estate Market Trends for July 2017

August 28, 2017

Chicago Market TendsNeighborhoods included in these statistics are: Avondale, Albany Park, Edgewater, Irving Park, Lakeview, Lincoln Park, Lincoln Square, Logan Square, Loop, Near North Side, Near South Side, Near West Side, North Center, Uptown, West Town.

Chicago Real Estate Sales – Detached Single Homes

The number of Chicago detached single homes selling in July 2017 decreased by 11.9% compared to July 2016. The average selling price increased by 8.38% to $973,359 and the average market time decreased by 2 days or 3.08 %. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

July 2017

185

$973,359

97%

63

July 2016

210

$898,059

98%

65


Chicago Real Estate Sales – Attached Single Homes

The number of Chicago attached single homes selling in July 2017 decreased by 3.69% for the month when compared to July 2016. The average selling price increased 1.41% to $446,252 and the average market time decreased 4 days or 7.55%. Homes sold for 99% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

July 2017

1,358

$446,252

99%

49

July 2016

1,410

$440,034

98%

53


Chicago Real Estate Sales – 2-4 Flats

The number of Chicago multi-family properties selling in July 2017 decreased 2.75% when compared to July 2016. The average selling price increased 1.34% to $604,286 and the average market time increased by 4 days or 6.78%. Homes sold for 99% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

July 2017

106

$604,286

99%

63

July 2016

109

$596,294

99%

59


Curious about the value of your home? 
Get your home’s value here!

Information courtesy of Chicago Realtor Karen Breen Elia.

MAKING A POSITIVE DIFFERENCE IN PEOPLE’S LIVES.

Karen Breen Elia & Louis M. Elia, REALTORS®, are brokers for homes, condos, and multi-unit properties on Chicago’s North Side.

ChicagoCityHomes, RE/MAX Exclusive Properties
2951 North Lincoln Avenue
Chicago IL 60657
Toll Free: (866) 404-3585 Fax: (773) 938-1467  Send An Email

We know Chicago Real Estate!  Call us today!

 

Chicago Condo for Rent: 9244 Gross Point Rd, #107

August 11, 2017

9244 Gross Point Rd, #107 Skokie, IL 60077
MLS# 09716852

2 bedrooms | 2 baths | 1,200 square feet | Gross Point Towers

Virtual Tour

Walk Score

9244 Gross Point Road

Very Walkable

Learn more about Skokie

Lovely, spacious condo in Gross Point Towers with panoramic view overlooking the golf course. Includes heated garage parking and in unit laundry hook up. Open living room/dining room. Kitchen has separate eating area opening to 21′ balcony. King size master bedroom with dressing area, and walk in closet. Unit features excellent closet space including a pantry, linen closet and double closet in second bedroom. Ceramic tile baths. Building has outdoor pool, sundeck and coin laundry. $800 non-refundable move in fee. No security deposit.

MAKING A POSITIVE DIFFERENCE IN PEOPLE’S LIVES.

Karen Breen Elia & Louis M. Elia, REALTORS®, are brokers for homes, condos, and multi-unit properties on Chicago’s North Side.

ChicagoCityHomes, RE/MAX Exclusive Properties
2951 North Lincoln Avenue
Chicago IL 60657
Toll Free: (866) 404-3585 Fax: (773) 938-1467 
Send An Email

We know Chicago Real Estate!  Call us today!

Chicago Home for Rent: 7932 W Grand Ave, Unit 1W

August 11, 2017

Chicago Home for Sale
7932 W Grand Ave, Unit 1 W, Elmwood Park, IL 60707

2 bedrooms | 2 baths |1,200 square feet | Elmwood Park
MLS # 09714487

Virtual Tour

Walk Score

Immaculate, newly constructed condo w/high end, designer finishes. Hardwood floors throughout, gas fireplace, 2 balconies, luxury marble master bath with separate shower, whirlpool tub and double sink vanity. Organized closets. Gourmet kitchen with designer espresso cabinets, granite counter tops, all stainless appliances. In unit laundry. Includes parking space. Walk to Metra & circle shopping, restaurants. No pets, no smoking. Security deposit required.

MAKING A POSITIVE DIFFERENCE IN PEOPLE’S LIVES.

Karen Breen Elia & Louis M. Elia, REALTORS®, are brokers for homes, condos, and multi-unit properties on Chicago’s North Side.

ChicagoCityHomes, RE/MAX Exclusive Properties
2951 North Lincoln Avenue
Chicago IL 60657
Toll Free: (866) 404-3585 Fax: (773) 938-1467 
Send An Email

We know Chicago Real Estate!  Call us today!

Chicago Home for Sale: 425 W Grant Place, Unit C, Chicago, IL 60614

July 28, 2017

Chicago Home for Sale
425 W Grant Place, Unit C, Chicago, IL 60614

3 bedrooms | 2 baths | 1,512 square feet |Lincoln Park
MLS #09702500

Virtual Tour

Walk Score

425 West Grant Place

Walker’s Paradise

Learn more about Chicago

Welcome to The Portals on a lovely, quiet east Lincoln Park street in Lincoln School district. This duplex up is move in ready with a brand new white kitchen with new stainless steel appliances which has been opened up to the separate dining room. The large living room with floor to ceiling windows opens to front balcony overlooking the picturesque Lincoln Park street, and features exposed brick and a wood burning fireplace. Newer powder room on the main level with adjoining in unit new laundry. The sky lit second floor has three spacious bedrooms, all with hardwood floors. The master bedroom has a wall of closets and a new master bath with separate shower. The second full bath has been just remodeled. An assigned parking space is included as well as a full height storage locker. New roof scheduled for 2018. Professionally managed HOA with good reserves. No rental cap. Don’t miss this one!

MAKING A POSITIVE DIFFERENCE IN PEOPLE’S LIVES.

Karen Breen Elia & Louis M. Elia, REALTORS®, are brokers for homes, condos, and multi-unit properties on Chicago’s North Side.

ChicagoCityHomes, RE/MAX Exclusive Properties
2951 North Lincoln Avenue
Chicago IL 60657
Toll Free: (866) 404-3585 Fax: (773) 938-1467 
Send An Email

We know Chicago Real Estate!  Call us today!

 

Chicago Real Estate Market Trends for June 2017

July 23, 2017

Chicago Market TendsNeighborhoods included in these statistics are: Avondale, Albany Park, Edgewater, Irving Park, Lakeview, Lincoln Park, Lincoln Square, Logan Square, Loop, Near North Side, Near South Side, Near West Side, North Center, Uptown, West Town.

Chicago Real Estate Sales – Detached Single Homes

The number of Chicago detached single homes selling in June 2017 decreased by 3.95% compared to June 2016. The average selling price increased by 1.44% to $959,900 and the average market time increased by 2 days or 2.56 %. Homes sold for 98% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

June 2017

243

$959,900

98%

80

June 2016

253

$946,260

97%

78


Chicago Real Estate Sales – Attached Single Homes

The number of Chicago attached single homes selling in June 2017 increased by 2.23% for the month when compared to June 2016. The average selling price increased 3.25% to $454,889 and the average market time decreased 8 days or 15.09%. Homes sold for 99% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

June 2017

1,744

$454,889

99%

45

June 2016

1,706

$440,560

99%

53


Chicago Real Estate Sales – 2-4 Flats

The number of Chicago multi-family properties selling in June 2017 increased 5.50% when compared to June 2016. The average selling price increased 0.64% to $604,043 and the average market time decreased by 5 days or 6.76%. Homes sold for 97% of the listed price.

Date

Sold Listings

Average
Sold Price

SP:LP

Average
Market Time

June 2017

115

$604,043

97%

69

June 2016

109

$600,216

97%

74


Curious about the value of your home? 
Get your home’s value here!

Information courtesy of Chicago Realtor Karen Breen Elia.

MAKING A POSITIVE DIFFERENCE IN PEOPLE’S LIVES.

Karen Breen Elia & Louis M. Elia, REALTORS®, are brokers for homes, condos, and multi-unit properties on Chicago’s North Side.

ChicagoCityHomes, RE/MAX Exclusive Properties
2951 North Lincoln Avenue
Chicago IL 60657
Toll Free: (866) 404-3585 Fax: (773) 938-1467  Send An Email

We know Chicago Real Estate!  Call us today!

Chicago Condo for Sale: 2450 N Seminary Ave, Unit 3A

July 19, 2017

Chicago Home for Sale
2450 N Seminary Ave, Unit 3A, Chicago, IL 60614

2 bedrooms | 1 bath | 950 sf | Lincoln Park/DePaul
MLS# 09692716

Virtual Tour

Perfect Lincoln Park/DePaul location! One flight up to bright 2 bedroom condo in excellent condition overlooking leafy, picturesque street. Open floor plan with hardwood floors, wood burning fireplace and exposed brick walls. Kitchen with large breakfast bar open to living area. Central air. Remodeled bath with granite vanity. Generous closet space in bedrooms. Large deck overlooks lovely common yard. Laundry on site and bike storage. Low monthly assessments. Rental parking space on site for $65 monthly. One block to DePaul and very short walk to red/brown/purple line els, Whole Foods, restaurants, bank & Starbucks.

MAKING A POSITIVE DIFFERENCE IN PEOPLE’S LIVES.

Karen Breen Elia & Louis M. Elia, REALTORS®, are brokers for homes, condos, and multi-unit properties on Chicago’s North Side.

ChicagoCityHomes, RE/MAX Exclusive Properties
2951 North Lincoln Avenue
Chicago IL 60657
Toll Free: (866) 404-3585 Fax: (773) 938-1467 
Send An Email

We know Chicago Real Estate!  Call us today!

 

Chicago Condo for Sale: 2450 N Seminary Ave, #3A

June 29, 2017

Chicago Home for Sale
2450 N Seminary Ave, Unit 3A, Chicago, IL 60614

2 bedrooms | 1 bath | 950 sf | Lincoln Park/DePaul
MLS# 09673538

Virtual Tour

2450 North Seminary Avenue

Walker’s Paradise

Learn more about Chicago

Perfect Lincoln Park/DePaul location! One flight up to bright 2 bedroom condo in excellent condition overlooking leafy, picturesque street. Open floor plan with hardwood floors, wood burning fireplace and exposed brick walls. Kitchen with large breakfast bar open to living area. Central air. Remodeled bath with granite vanity. Generous closet space in bedrooms. Large deck overlooks lovely common yard. Laundry on site and bike storage. Low monthly assessments. Rental parking space on site for $65 monthly. One block to DePaul and very short walk to red/brown/purple line els, Whole Foods, restaurants, bank & Starbucks.

MAKING A POSITIVE DIFFERENCE IN PEOPLE’S LIVES.

Karen Breen Elia & Louis M. Elia, REALTORS®, are brokers for homes, condos, and multi-unit properties on Chicago’s North Side.

ChicagoCityHomes, RE/MAX Exclusive Properties
2951 North Lincoln Avenue
Chicago IL 60657
Toll Free: (866) 404-3585 Fax: (773) 938-1467 
Send An Email

We know Chicago Real Estate!  Call us today!