Condos InUniversity Park, IL

University Park, IL Condo Market Report (In last 12 months)

Avg. List Price

$131,468 ($98/Sqft.)

Year-Over-Year List Price

22.45%

Total Listings

Avg. Days on Market

Avg. Sale Price

$116,010 ($89/Sqft.)

Year-Over-Year Sale Price

23.32%

Total Sold

Avg. HOA Fees/Sqft.

$9/monthly

University park, IL Condo Market Overview

Nestled near the vibrant city of Chicago, University Park, IL, offers a unique blend of suburban tranquility and metropolitan convenience. This charming community is perfect for those who desire a touch of peaceful living without forsaking urban amenities. The condo market here presents an attractive array of options, from affordable townhome-style residences in quiet streets lining Governors State University, to luxurious modern lofts offering an upscale lifestyle with easy access to the city. Enjoy scenic views of the lush greens of Cornet Park or the natural beauty of Thorn Creek Woods Nature Preserve, providing an idyllic backdrop for daily living. University Park’s real estate market caters to both young professionals and growing families, providing a diverse and vibrant community. With excellent local dining, boutique shopping, and a calendar filled with cultural events, living in University Park means enjoying a delightful suburban life with an urban twist.

Condos For Sale In University Park, IL

Popular Condos Neighborhoods in University Park, IL

Explore University Park, IL Neighborhoods

University Park, IL, is a charming suburban enclave offering a serene escape with easy access to the vibrant Chicago metropolitan area. Known for its strong sense of community and lush green spaces, it provides a perfect blend of small-town living and convenient urban amenities. With attractions like Governors State University and local parks, University Park is ideal for those seeking a peaceful lifestyle infused with educational and recreational opportunities.

Frequently Asked Questions About University Park, IL

What is it like to live in University Park?

University Park, IL, offers a suburban atmosphere with a range of housing options, primarily single-family homes and townhouses. The area is served by multiple parks and green spaces, providing outdoor recreational opportunities. While public transportation is limited compared to urban centers, it is accessible via Metra train services for commuting.

What is it like to live in University Park?

Is University Park expensive?

University Park offers a generally affordable housing market compared to nearby urban centers, with median home prices lower than the national average. The area's real estate is primarily characterized by single-family homes with access to local amenities and educational institutions.

Is University Park expensive?

How much is a condo in University Park?

As of 2025, specific average condo prices for University Park are not readily available, but nearby real estate markets show significant variation influenced by proximity to Chicago and local amenities.

How much is a condo in University Park?

What are the safest neighborhoods in University Park?

University Park, IL is generally considered a safe area, however, specific neighborhood safety statistics are not prominently available. The community largely benefits from a suburban layout with lower density, contributing to its safety.