Chicago, IL Multi-family homes For Sale

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Chicago, IL Real Estate Market Overview

The number of listings in Chicago, IL increased by 2.1% between October 2024 and November 2024. Listings spent 33 days on the market in November 2024, and had a median list price of $363,936 during the same period. Chicago, IL housing market in November 2024 saw over 521 listings sold above listed price, more than 254 sold at listed price and over 845 sold below.

Info IconFrom Rocket Homes Real Estate and based on county public records data.

Living In Chicago, IL

What is it like to live in Chicago, Illinois?

Chicago is located in Cook County, Illinois. There are roughly 2,686,198 residents, living in 1,035,611 households. The average temperature for Chicago this time of the year is low of 22F and high of 36F. On average, Chicago gets about 2.64 inches of precipitation in December. 44% residents are home owners, have a post secondary degree (46%) and are single, no kids (54%).

Info - Data provided by Home JunctionData provided by Home Junction

What type of housing is available in Chicago, Illinois?

Chicago's housing market is diverse, offering a mix of high-rise apartments, classic brownstones, and spacious single-family homes. The architectural landscape is a blend of historic buildings with modern and contemporary designs. High-rise apartments and condos are particularly prevalent in areas like The Loop and along the lakefront, while neighborhoods such as Lincoln Park and Wicker Park feature charming brownstones and vintage walk-ups. Single-family homes are more common in the city's outskirts, with a homeownership rate around 44%, reflecting a balance between owners and renters in the city.

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What are the advantages of living in Chicago, Illinois?

Chicago is celebrated for its vibrant cultural scene, with numerous festivals throughout the year, including the Taste of Chicago and the Chicago Jazz Festival. The city prides itself on its rich history, world-class museums, and a dynamic arts community. Neighborhoods each have their own unique character, from the artistic vibes of Pilsen to the bustling streets of River North. The city's waterfront location along Lake Michigan also contributes to its distinct appeal, offering residents and visitors alike picturesque views and ample recreational opportunities.

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Are things conveniently located in Chicago, Illinois?

The city is equipped with an extensive array of services, including a robust public school system with over 600 schools, numerous private and charter schools, and several institutions of higher education. Healthcare is readily accessible with multiple hospitals and clinics dispersed throughout the city, providing a range of services from emergency care to specialized treatments. Chicago's public library system is one of the largest in the country, and the city's retail and dining landscape reflects its diverse population, with everything from high-end boutiques to family-owned eateries.

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What does the transportation in Chicago, Illinois look like?

Chicago's transportation infrastructure is comprehensive, featuring an extensive public transit system operated by the Chicago Transit Authority (CTA), which includes buses and the 'L' train system with frequent service across multiple lines. The city is also served by Metra commuter rail and the Pace suburban bus service. While the downtown area is highly walkable, the city's bike-sharing program and dedicated bike lanes cater to cyclists. Major highways such as the Dan Ryan, Kennedy, and Eisenhower expressways facilitate travel in and out of the city. Ongoing projects aim to improve the efficiency and accessibility of the city's transportation network.

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Homes For Sale Near Chicago, IL

Housing Market Reports In Cook County

Schools Near Chicago, IL

Elementary Schools

  • Bronzeville Classical Elementary School

    8 W Root St

    Public District KG-4

  • Mann Elementary School

    921 N Kenilworth Ave

    Public District KG-5

  • Pleasantdale Elementary School

    8100 School St

    Public District PK-4

Middle Schools

  • Brunson Math and Science Specialty Elementary School

    932 N Central Ave

    Public District PK-8

  • Ruiz Elementary School

    2410 S Leavitt St

    Public District PK-8

  • McPherson Elementary School

    4728 N Wolcott Ave

    Public District KG-8

High Schools

  • Evergreen Park High School

    9901 S Kedzie Ave

    Public District 9-12

  • Northside College Preparatory High School

    5501 N Kedzie Ave

    Public District 9-12

  • Chicago High School for the Arts

    2714 W Augusta Blvd

    Public District 9-12

Info IconData provided by Great Schools

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1Based on Rocket Mortgage data in comparison to public data records.

2Based on Rocket Homes℠ closed client surveys received from 2011-2021.

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