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Foreclosure Homes in Chicago Heights, IL 60411

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Chicago Heights, IL Foreclosures

How much do homes sell for in Chicago Heights, IL?
The average home price is currently $192,833.
In Chicago Heights, IL, how many homes are available?
There are currently 960 active home listings available in Chicago Heights.
What’s the average rental cost in Chicago Heights, IL?
The average rental price in Chicago Heights is $1,282.
What is the most expensive home in Chicago Heights?
The most expensive home sold in Chicago Heights had a price of $25,403,474.
What is currently the cheapest priced home in Chicago Heights, IL?
The cheapest home for sale in Chicago Heights is priced at $10,511.

Living in Chicago Heights, IL

Chicago Heights offers a suburban environment with a robust community feel. The city has a rich cultural scene with a variety of events and activities for residents. Its proximity to Chicago provides easy access to a larger urban lifestyle while maintaining its own charm.

Current Market Conditions in Chicago Heights, IL

The real estate market in Chicago Heights has been experiencing a steady increase in demand over the past year, driven by an influx of first-time home buyers and families looking for affordable housing options near Chicago. This trend has led to a slight increase in property values, making it an attractive location for investment.

Moreover, the rental market shows a strong upward trajectory, with many investors looking to capitalize on the growing demand for rental units due to ongoing economic development in the region.

Home Value Estimator For Chicago Heights, IL

There are currently 10,812 real estate properties in Chicago Heights, IL, with a median automated valuation model (AVM) price of $174,845.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Chicago Heights, 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 Chicago Heights, IL, is $192,833.00, with the most expensive house in Chicago Heights, IL, topping out at $25,403,474.00 and the cheapest home in Chicago Heights, IL, clocking in at $10,511.00. In other words, there’s something for every potential homebuyer or savvy investor in Chicago Heights, IL!

Rent Prices In Chicago Heights, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Chicago Heights, IL, is on a rollercoaster ride. The average rent price in Chicago Heights, IL, is $1,282.00. Indeed, when looking to rent in Chicago Heights, IL, you can expect to pay as little as $670.00 or as much as $4,320.00, with the average rent median estimated to be $1,280.00. The good news is that finding an affordable and desirable property to rent in Chicago Heights, 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.

Chicago Heights, IL 60411 Foreclosures

Market Trend for Chicago Heights, IL

Total Listings Available: 960

Market Values:

Home Prices from $10,511 to $25,403,474

Average Sales Price: $192,833

Rental Values:

Rental from $670 to $4,320

Average Rent Value: $1,282 / month

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