Chicago, IL Multi-family homes For Sale

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Rocket Homes›Illinois›Cook County›Chicago›Multi-family homes

Chicago, IL Real Estate Market Overview

The inventory of homes for sale in Chicago, IL between September 2024 and October 2024 increased by 14.5%. The median list price of listings available in October 2024 was $360,336, while the average time on the real estate market was 32 days. In October 2024 more than 539 listings in Chicago, IL were sold above the asking price. During the same period more than 337 listings were sold at asking price, while more than 919 were sold below.

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

Homes For Sale Near Chicago Schools

Real Estate In Chicago Neighborhoods

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 33F and high of 48F. On average, Chicago gets about 3.23 inches of precipitation in November. 44% residents are home owners, have a post secondary degree (46%) and are single, no kids (54%).

Info - Data provided by Home Junction Data 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.

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.

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.

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.

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 Icon Data provided by Great Schools

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