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Foreclosures in Northlake, IL 60164

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Northlake, IL Foreclosures

How much do homes sell for in Northlake, IL?
The average home price is currently $397,150.
In Northlake, IL, how many homes are available?
There are currently 57 active home listings available in Northlake.
What’s the average rental cost in Northlake, IL?
The average rental price in Northlake is $1,668.
What is the most expensive home in Northlake?
The most expensive home sold in Northlake had a price of $102,795,384.
What is currently the cheapest priced home in Northlake, IL?
The cheapest home for sale in Northlake is priced at $21,318.

Living in Northlake, IL

Northlake, Illinois is a vibrant suburban community with a suburban charm, making it an ideal place for families and professionals alike. With easy access to the city and an array of local amenities, residents enjoy both comfort and convenience. The area's parks and recreational options enhance the quality of life, making it an attractive living destination.

Current Market Conditions in Northlake, IL

The Northlake real estate market is currently experiencing steady growth with a moderate increase in home prices over the past year. The demand for homes remains strong due to the city's appeal to families and its proximity to Chicago. Buyers are actively seeking properties, leading to a competitive market environment.

Home Value Estimator For Northlake, IL

There are currently 3,775 real estate properties in Northlake, IL, with a median automated valuation model (AVM) price of $281,258.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Northlake, 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 Northlake, IL, is $397,150.00, with the most expensive house in Northlake, IL, topping out at $102,795,384.00 and the cheapest home in Northlake, IL, clocking in at $21,318.00. In other words, there’s something for every potential homebuyer or savvy investor in Northlake, IL!

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.

Northlake, IL 60164 Foreclosures


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