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Condo Foreclosures in Evanston, IL 60201

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Evanston, IL Foreclosures

How much do homes sell for in Evanston, IL?
The average home price is currently $638,125.
In Evanston, IL, how many homes are available?
There are currently 11 active home listings available in Evanston.
What’s the average rental cost in Evanston, IL?
The average rental price in Evanston is $2,312.
What is the most expensive home in Evanston?
The most expensive home sold in Evanston had a price of $60,742,240.
What is currently the cheapest priced home in Evanston, IL?
The cheapest home for sale in Evanston is priced at $10,461.

Living in Evanston, IL

Evanston, IL, is a bustling urban suburb of Chicago known for its beautiful lakefront, historic architecture, and vibrant cultural scene. With numerous parks, highly rated schools, and a variety of shops and restaurants, Evanston provides an excellent quality of life for its residents. The world-renowned Northwestern University adds a unique dynamic to the community, offering educational and cultural opportunities.

Current Market Conditions in Evanston, IL

The Evanston real estate market has seen a steady increase in home values over the past year, driven by high demand due to its location and quality schools. Properties are often receiving multiple offers, particularly in the desirable neighborhoods close to the lake. The current trend indicates that families are seeking larger homes and outdoor space, reflecting a shift in buyer preferences towards suburban living.

Home Value Estimator For Evanston, IL

There are currently 25,220 real estate properties in Evanston, IL, with a median automated valuation model (AVM) price of $493,943.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Evanston, 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 Evanston, IL, is $638,125.00, with the most expensive house in Evanston, IL, topping out at $60,742,240.00 and the cheapest home in Evanston, IL, clocking in at $10,461.00. In other words, there’s something for every potential homebuyer or savvy investor in Evanston, IL!

Rent Prices In Evanston, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Evanston, IL, is on a rollercoaster ride. The average rent price in Evanston, IL, is $2,312.00. Indeed, when looking to rent in Evanston, IL, you can expect to pay as little as $570.00 or as much as $4,720.00, with the average rent median estimated to be $2,280.00. The good news is that finding an affordable and desirable property to rent in Evanston, 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.

Evanston, IL 60201 Condos


Market Trend for Evanston, IL

Total Listings Available: 11

Market Values:

Home Prices from $10,461 to $60,742,240

Average Sales Price: $638,125

Rental Values:

Rental from $570 to $4,720

Average Rent Value: $2,312 / month

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