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Chicago

Why you'd want to live in Chicago

It is the third largest city in the United States with a population approaching 3 million. Chicago is a huge vibrant city and a metropolitan area that sprawls over 10,874km². It's well known for blues, jazz, comedy, shopping, and dining. As the hub of the Midwest, Chicago is easy to find —its picturesque skyline calls across the waters of huge Lake Michigan, a first impression that soon reveals world-class museums of art and science, miles of sandy beaches, huge parks and public art, and perhaps the finest downtown collection of architecture in the world. With a wealth of iconic sights and neighborhoods to explore, there's enough to fill a visit of weeks or even months without ever seeing the end. via Wikitravel

shopping scenic skyline parks transportation financial center upscale dining

Lifestyle


Gold Coast/Old Town

Old money and stunning lake views characterize this hot neighborhood that runs contrary to the Chicago phrase: "cooler by the lake." Oprah once lived on the border of this high-priced community, where homebuyers can pay millions for a two-bedroom condo. And if you're into "intentional living," or sharing humongous spaces commune style, this area has some of Chicago's largest old homes that could fit the bill. People are drawn to this area because of the nightspots, the good food, its proximity to the lake and to the business district. via FrontDoor

Hyde Park

Without question, one of the most famous residents is the 44th President Barack Obama. Seven miles from the Loop on the South Side of Chicago, you'll find several of the country's more prestigious institutions. The University of Chicago, renown for producing over 87 Nobel Prize laureates, including two 2013 award recipients for economics, is here. Chicago Blues legend Muddy Waters played the standing-room-only gig with the Rolling Stones at the Checkerboard Lounge in 1981. via FrontDoor

Lincoln Park/Lakeview

People who live here don’t really need a car to get around, which is a good thing, because parking here is scarce. Residential streets are lined with cars bumper to bumper, and most of the streets require a permit to park. The neighborhood's young energy is fed by the 3,000 students who attend DePaul University's oldest and largest campus in the heart of Lincoln Park. Named for Chicago’s largest park (with more than 1,200 acres), the neighborhood offers an abundance of outdoor activities, including bike trails, jogging paths and athletic fields. There really is not a main artery in Lincoln Park, because every major street running through the neighborhood is a hub of commercial activity. via FrontDoor

Roscoe Village

Like a village within the city, this quaint community is very popular with young families. Parents are often seen pushing strollers past the shops with colorful awnings, small restaurants and trees that line Roscoe Street, the neighborhood's main thoroughfare. Vintage brick walkups and well-maintained frame houses with front porches help maintain the atmosphere of this family-oriented community. Along with the newer designer boutiques that have sprung up in the area, residents of Roscoe Village can enjoy the largest concentration of antiques stores in the Midwest, located along the neighborhood's Southern border. via FrontDoor

South Loop

Today, luxury high-rises and modern townhomes are being built in an area once known as "Satan's Mile," a stretch from Van Buren to 22nd that was so crime-infested an 1896 judge ruled that a man deserved whatever he got for entering it. Generally considered a slum, the South Loop was a far cry from the expensive neighborhood it is today. Now a thriving community where visitors flock to tourist spots like the Shedd Aquarium, Adler Planetarium and the Field Museum, the South Loop is an area that draws executives who enjoy its proximity to Lake Michigan and the downtown business district. via FrontDoor

Chicago Market Report

$437,333

AVERAGE PRICE OF 5,528 HOMES

$161,642

AVERAGE PRICE OF 46 DISTRESSED HOMES

$2,036,454

AVERAGE PRICE OF 414 MULTI-MILLION DOLLAR HOMES

$1,086,214

AVERAGE PRICE OF 391 NEWLY BUILT HOMES

$623,215

AVERAGE PRICE OF 96 HOMES WITH A POOL

$329,392

AVERAGE PRICE OF 1,456 REDUCED PRICE HOMES

Average Home

Average Price $437,333
Avg Bedrooms 3 beds
Avg Bathrooms 2.25 baths

Average Price by Bedrooms

1 bedroom $240,686
2 bedrooms $329,226
3 bedrooms $470,067
4 bedrooms $477,072
5 bedrooms $631,787
Chicago Home Price Trends
  5/2017 4/2017 3/2017 2/2017 1/2017
Total Listings 5,435 5,174 7,195 5,548 4,353
Average Price $435,761 $424,718 $408,117 $404,713 $391,809
Avg Price Change +2.60% +4.07% +0.84% +3.29% +2.61%
Median Price $272,065 $259,440 $252,370 $245,179 $232,152
Med Price Change +4.87% +2.80% +2.93% +5.61% -1.48%
Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
Avg Bathrooms 2.25 baths 2.27 baths 2.27 baths 2.27 baths 2.27 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Market
Clemente Community Academy Senio 27 $778,940 89 days
Lake View High School 104 $692,850 87 days
Lincoln Park High School 111 $1,638,410 90 days
Taft High School 91 $402,720 96 days
Wells Community Academy Senior H 58 $980,413 101 days
Home Price by House Size
Total Homes Average Price Avg Days on Market
All Homes 5,528 $437,333 132 days
Distressed Homes 46 $161,642 140 days
Multi-Million Dollar Homes 414 $2,036,454 145 days
Newly Built Homes 391 $1,086,214 133 days
Homes with a Pool 96 $623,215 95 days
Reduced Price Homes 1,456 $329,392 189 days

School Data

Highly Rated Chicago Schools

10

MADISON ELEMENTARY SCHOOL
Elementary School
Public

8

STEVENSON ELEMENTARY SCHOOL
Elementary School
Public

9

AGASSIZ ELEMENTARY SCHOOL
Middle School
Public

9

ALCOTT COLLEGE PREP
Middle School
Public

9

AUDUBON ELEMENTARY SCHOOL
Middle School
Public

9

BEAUBIEN ELEMENTARY SCHOOL
Middle School
Public

10

BELL ELEMENTARY SCHOOL
Middle School
Public

10

BLAINE ELEMENTARY SCHOOL
Middle School
Public

8

BRIDGE ELEMENTARY SCHOOL
Middle School
Public

10

BURLEY ELEMENTARY SCHOOL
Middle School
Public

10

CANTY ELEMENTARY SCHOOL
Middle School
Public

9

CASSELL ELEMENTARY SCHOOL
Middle School
Public

9

CHAPPELL ELEMENTARY SCHOOL
Middle School
Public

9

COLUMBUS ELEMENTARY SCHOOL
Middle School
Public

10

COONLEY ELEMENTARY SCHOOL
Middle School
Public

10
8

DEVER ELEMENTARY SCHOOL
Middle School
Public

9

DORE ELEMENTARY SCHOOL
Middle School
Public

9

EBINGER ELEMENTARY SCHOOL
Middle School
Public

10

EDGEBROOK ELEMENTARY SCHOOL
Middle School
Public

9

EDISON PARK ELEMENTARY SCHOOL
Middle School
Public

8

FARNSWORTH ELEMENTARY SCHOOL
Middle School
Public

10
8

GARVY J ELEMENTARY SCHOOL
Middle School
Public

8

GOETHE ELEMENTARY SCHOOL
Middle School
Public

8

GOUDY ELEMENTARY SCHOOL
Middle School
Public

8

GREELEY ELEMENTARY SCHOOL
Middle School
Public

8

HAYT ELEMENTARY SCHOOL
Middle School
Public

9

HEALY ELEMENTARY SCHOOL
Middle School
Public

8

HEFFERAN ELEMENTARY SCHOOL
Middle School
Public

8

LYON ELEMENTARY SCHOOL
Middle School
Public

9

NETTELHORST ELEMENTARY SCHOOL
Middle School
Public

10

NORWOOD PARK ELEMENTARY SCHOOL
Middle School
Public

9

OGDEN ELEMENTARY SCHOOL
Middle School
Public

8

ONAHAN ELEMENTARY SCHOOL
Middle School
Public

10

ORIOLE PARK ELEMENTARY SCHOOL
Middle School
Public

8

PRESCOTT ELEMENTARY SCHOOL
Middle School
Public

8

PRITZKER ELEMENTARY SCHOOL
Middle School
Public

9

PRUSSING ELEMENTARY SCHOOL
Middle School
Public

9

ROGERS ELEMENTARY SCHOOL
Middle School
Public

10

SAUGANASH ELEMENTARY SCHOOL
Middle School
Public

10

SKINNER ELEMENTARY SCHOOL
Middle School
Public

9

SOLOMON ELEMENTARY SCHOOL
Middle School
Public

9

SOUTH LOOP ELEMENTARY SCHOOL
Middle School
Public

9

SUTHERLAND ELEMENTARY SCHOOL
Middle School
Public

9

WALT DISNEY MAGNET SCHOOL
Middle School
Public

9

WILDWOOD ELEMENTARY SCHOOL
Middle School
Public

10

DISNEY II ELEMENTARY SCHOOL
High School
Public

10
8

KENWOOD ACADEMY HIGH SCHOOL
High School
Public

10

LANE TECHNICAL HIGH SCHOOL
High School
Public

8

LINCOLN PARK HIGH SCHOOL
High School
Public

8

TAFT HIGH SCHOOL
High School
Public

10

YOUNG MAGNET HIGH SCHOOL
High School
Public