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Land Foreclosures in Schiller Park, IL

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Schiller Park, IL Foreclosures

How much do homes sell for in Schiller Park, IL?
The average home price is currently $351,768.
In Schiller Park, IL, how many homes are available?
There are currently 11,378 active home listings available in Schiller Park.
What’s the average rental cost in Schiller Park, IL?
The average rental price in Schiller Park is $1,635.
What is the most expensive home in Schiller Park?
The most expensive home sold in Schiller Park had a price of $15,858,078.
What is currently the cheapest priced home in Schiller Park, IL?
The cheapest home for sale in Schiller Park is priced at $10,382.

Living in Schiller Park, IL

Schiller Park, IL is a charming village just outside of Chicago known for its strong community vibes and diverse offerings. With ample parks, recreational facilities, and easy access to public transport, it’s a great place for families and young professionals alike.

Current Market Conditions in Schiller Park, IL

Currently, Schiller Park's real estate market is experiencing a steady increase in demand. The average home prices have risen due to the village's desirable location and the appeal of suburban living combined with close proximity to urban amenities.

There is a balanced supply of homes available, and buyers are eager to purchase properties due to historically low mortgage rates and a desire for more space amid rising remote work trends.

Home Value Estimator For Schiller Park, IL

There are currently 3,902 real estate properties in Schiller Park, IL, with a median automated valuation model (AVM) price of $334,510.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Schiller Park, 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 Schiller Park, IL, is $351,768.00, with the most expensive house in Schiller Park, IL, topping out at $15,858,078.00 and the cheapest home in Schiller Park, IL, clocking in at $10,382.00. In other words, there’s something for every potential homebuyer or savvy investor in Schiller Park, IL!

Rent Prices In Schiller Park, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Schiller Park, IL, is on a rollercoaster ride. The average rent price in Schiller Park, IL, is $1,635.00. Indeed, when looking to rent in Schiller Park, IL, you can expect to pay as little as $800.00 or as much as $2,940.00, 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 Schiller Park, 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.

Schiller Park, IL Land


Market Trend for Schiller Park, IL

Total Listings Available: 11,378

Market Values:

Home Prices from $10,382 to $15,858,078

Average Sales Price: $351,768

Rental Values:

Rental from $800 to $2,940

Average Rent Value: $1,635 / month

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