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Chicago

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Chicago, IL Condo Market Report (In last 12 months)

Avg. List Price

$539,759 ($408/Sqft.)

Year-Over-Year List Price

Up Arrow10.03%

Total Listings

Listed 10556

Avg. Days on Market

Up Arrow70

Avg. Sale Price

$494,360 ($392/Sqft.)

Year-Over-Year Sale Price

Up Arrow12.47%

Total Sold

Sold13559

Avg. HOA Fees/Sqft.

$4/monthly

Chicago, IL Condo Market Overview

Chicago offers a vibrant and eclectic condo market where urban sophistication meets Midwest charm. In the heart of downtown, neighborhoods like River North, the Loop, and the Gold Coast are adorned with luxury high-rises, featuring floor-to-ceiling windows that showcase stunning cityscapes and Lake Michigan's shimmering expanse. These upscale condos often provide indulgent amenities, including posh lounges, rooftop gardens, and state-of-the-art fitness centers, catering to a luxe lifestyle. Venture beyond downtown, and discover the inviting residential streets of Lincoln Park and Wicker Park, where historic buildings marry contemporary townhomes, providing a different facet of Chicago living. Here, walking distance to boutique shops, vibrant cafes, and lush parks enhances the neighborhood charm. For first-time buyers or those seeking investment opportunities, neighborhoods like Rogers Park and Pilsen offer more affordable options without compromising on access to the city’s energetic pulse. Whether you seek a cosmopolitan retreat or a cozy neighborhood vibe, Chicago’s diverse condo market is poised to welcome you home.

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Popular Condos Neighborhoods in Chicago, IL

River North

Chicago

257 Units Available

Streeterville

Chicago

282 Units Available

South Loop / Near South Side

Chicago

222 Units Available

Loop

Chicago

183 Units Available

River North

Chicago

257 Units Available

Streeterville

Chicago

282 Units Available

South Loop / Near South Side

Chicago

222 Units Available

Loop

Chicago

183 Units Available

West Loop

Chicago

142 Units Available

Gold Coast

Chicago

150 Units Available

Lake View

Chicago

139 Units Available

Edgewater

Chicago

101 Units Available

Explore Chicago, IL Neighborhoods

Chicago, IL, is a vibrant metropolis renowned for its stunning skyline, rich musical heritage, and thriving culinary scene. With world-class museums, diverse neighborhoods, and the picturesque shores of Lake Michigan, Chicago offers an exhilarating blend of cosmopolitan excitement and Midwest charm.

Frequently Asked Questions About Chicago, IL

What is it like to live in Seattle?

Seattle is characterized by a competitive real estate market, with diverse housing ranging from modern condos to historic homes. The city is supported by an efficient public transportation system, including buses and light rail, offering ease of access. Renowned for its strong tech industry presence, vibrant arts scene, and abundant parks, Seattle provides a lively urban environment with proximity to natural beauty.

What is it like to live in Seattle?

Is Chicago expensive?

Chicago's cost of living is higher than the national average, with real estate prices varying significantly by neighborhood. Popular areas like Lincoln Park and River North tend to be more expensive, while neighborhoods like Pilsen and Rogers Park offer more affordable housing options.

Is Chicago expensive?

How much is a condo in Chicago?

The average cost of a condo in Chicago ranges from $300,000 to $1,200,000, influenced by factors such as location, size, and amenities. Condos in neighborhoods like the Loop and Lincoln Park typically have higher prices.

How much is a condo in Chicago?

What are the safest neighborhoods in Chicago?

River North, Streeterville, and North Center are among the safest neighborhoods, featuring low crime rates and reliable public transportation options. These districts offer a blend of residential and commercial spaces, maintaining a strong sense of community with access to urban conveniences.

What are the safest neighborhoods in Chicago?

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