Median price for residential apartments in Near North Side, Chicago, IL as of Dec, 2022.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
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1,319 Near North Side, Chicago, IL, USA apartments for sale
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Housing Trends
How much does an apartment cost in Near North Side, Chicago, IL, USA
Average apartment sale in Near North Side: $702,140 (-2.1%)
| Apartment Size | Dec | vs Last Month |
|---|---|---|
| Studio apartments | $173,605 | +16.5% |
| 1-bed apartments | $291,683 | -3.1% |
| 2-bed apartments | $547,787 | -9.4% |
| 3-bed apartments | $1,228,308 | -9.1% |
| 4+ bed apartments | $3,019,704 | -7.2% |
During Dec 2022, the average price for an apartment in/near Near North Side, Chicago, IL decreased by 2.1% to $702,140.
Knowing the current property prices is key if you plan to buy a studio in Near North Side, Chicago, IL. The average price for a studio has increased since the last month, currently being $173,605. After collecting all data points, we now see that the average price for 1-bed apartment decreased by 3.1% to $291,683. Asking price for 2-bed apartment also decreased by 9.4% and a place of this size will now cost you $547,787. A 3-bed apartment goes for $1,228,308, it decreased by 9.1% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 7.2% and made it down to $3,019,704.
| Listing Type | Dec | vs Last Month |
|---|---|---|
| Condos for sale | $802,267 | +8.4% |
| Land for sale | $30,985 | -11.6% |
| Houses for sale | $435,561 | -21.5% |
| Duplexes for sale | $2,650,000 | +0% |
Price reports demonstrate that house price decreased by 21.5% this month making it up to $435,561. Condos are really in demand in this season. The median price for a condo increased by 8.4%, it’s now available for $802,267. An average value of duplex is $2,650,000, thus a median price for a duplex remains the same this month. The average price of the land for sale in Near North Side, Chicago, IL has decreased by 11.6%, and now equals $30,985.
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