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City-owned Homes And Land in Broadview, IL

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Living in Broadview, IL

Broadview, IL, is a delightful suburban village just outside of Chicago, boasting a friendly community and ample amenities. It offers residents a variety of parks, shopping centers, and dining options, making it an ideal place for families. With good schools and convenient access to public transportation, Broadview presents an attractive environment for homebuyers seeking a blend of suburban tranquility and urban accessibility.

Current Market Conditions in Broadview, IL

The current real estate market in Broadview favors a steady increase in home prices as demand continues to rise. With its appealing amenities and proximity to Chicago, more buyers are considering Broadview as a primary residence, resulting in a competitive market for available homes.

Investors will find opportunities in Broadview's diverse housing market, which includes both single-family homes and multifamily units. The demand for rentals is on the rise, providing potential for strong rental yields and an increasing property value over time.

Home Value Estimator For Broadview, IL

There are currently 2,736 real estate properties in Broadview, IL, with a median automated valuation model (AVM) price of $278,206.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Broadview, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Broadview, IL, is $327,603.00, with the most expensive house in Broadview, IL, topping out at $32,112,414.00 and the cheapest home in Broadview, IL, clocking in at $40,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Broadview, IL!

Rent Prices In Broadview, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Broadview, IL, is on a rollercoaster ride. The average rent price in Broadview, IL, is $1,658.00. Indeed, when looking to rent in Broadview, IL, you can expect to pay as little as $770.00 or as much as $2,260.00, with the average rent median estimated to be $1,680.00. The good news is that finding an affordable and desirable property to rent in Broadview, 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.

Broadview, IL City-owned Homes And Land


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