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Multi-family Foreclosures in Illinois City, IL

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Illinois City, IL Foreclosures

How much do homes sell for in Illinois City, IL?
The average home price is currently $226,313.
What’s the average rental cost in Illinois City, IL?
The average rental price in Illinois City is $1,336.
What is the most expensive home in Illinois City?
The most expensive home sold in Illinois City had a price of $661,782.
What is currently the cheapest priced home in Illinois City, IL?
The cheapest home for sale in Illinois City is priced at $17,991.

Living in Illinois City, IL

Illinois City, IL is a charming small town that combines rural tranquility with easy access to urban conveniences. Known for its friendly residents and beautiful outdoor spaces, it's an ideal location for those looking to escape the hustle and bustle of larger cities. Enjoy local amenities while being just a short drive from more vibrant urban areas.

Current Market Conditions in Illinois City, IL

The current real estate market in Illinois City is stable, with property values increasing steadily over the past few months. This is partly due to the area's appeal to families looking for affordable housing options with access to quality education and green spaces.

Trends indicate a growing interest in the area as homebuyers seek less crowded environments and more affordable homes compared to neighboring cities.

Overall, buyers can expect a mix of traditional and modern properties, with some homes displaying unique historical architecture.

Home Value Estimator For Illinois City, IL

There are currently 360 real estate properties in Illinois City, IL, with a median automated valuation model (AVM) price of $207,536.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Illinois City, 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 Illinois City, IL, is $226,313.00, with the most expensive house in Illinois City, IL, topping out at $661,782.00 and the cheapest home in Illinois City, IL, clocking in at $17,991.00. In other words, there’s something for every potential homebuyer or savvy investor in Illinois City, IL!

Rent Prices In Illinois City, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Illinois City, IL, is on a rollercoaster ride. The average rent price in Illinois City, IL, is $1,336.00. Indeed, when looking to rent in Illinois City, IL, you can expect to pay as little as $630.00 or as much as $2,180.00, with the average rent median estimated to be $1,350.00. The good news is that finding an affordable and desirable property to rent in Illinois City, 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.

Illinois City, IL Multi-family Homes


Market Trend for Illinois City, IL

Total Listings Available: 0

Market Values:

Home Prices from $17,991 to $661,782

Average Sales Price: $226,313

Rental Values:

Rental from $630 to $2,180

Average Rent Value: $1,336 / month

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