Foreclosure Homes in Northlake, IL

Buyer vs Seller Market in Northlake, IL

Northlake's real estate market has shown steady growth over the past year, with a noticeable increase in demand for single-family homes. Prices have appreciated modestly due to the community's proximity to Chicago and its reputation for being a family-friendly neighborhood.

There is a balanced inventory of homes available, with opportunities for both buyers and renters. Investors are beginning to take notice of Northlake as a promising area due to its affordable housing options compared to adjacent neighborhoods.

Rent Prices In Northlake, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Northlake, IL, is on a rollercoaster ride. The average rent price in Northlake, IL, is $1,668.00. Indeed, when looking to rent in Northlake, IL, you can expect to pay as little as $730.00 or as much as $3,230.00, with the average rent median estimated to be $1,750.00. The good news is that finding an affordable and desirable property to rent in Northlake, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.