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Foreclosure Homes in West Chicago, IL

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West Chicago, IL Foreclosures

How much do homes sell for in West Chicago, IL?
The average home price is currently $489,910.
In West Chicago, IL, how many homes are available?
There are currently 151 active home listings available in West Chicago.
What’s the average rental cost in West Chicago, IL?
The average rental price in West Chicago is $1,889.
What is the most expensive home in West Chicago?
The most expensive home sold in West Chicago had a price of $48,611,812.
What is currently the cheapest priced home in West Chicago, IL?
The cheapest home for sale in West Chicago is priced at $14,736.

Living in West Chicago, IL

West Chicago, Illinois, is a vibrant suburban community known for its rich history and family-friendly environment. With excellent schools, abundant parks, and a lively downtown, it offers an ideal setting for various lifestyles. Additionally, the city's connectivity to major roadways makes it an attractive location for commuters.

Current Market Conditions in West Chicago, IL

The real estate market in West Chicago has seen a steady increase in home values over the past year, with a growing interest from buyers looking for affordable housing options close to the Chicago area. The demand for single-family homes continues to rise, contributing to a healthy market environment.

Inventory levels have been fluctuating, with many homes receiving multiple offers shortly after listing, reflecting a competitive market. New construction is also on the rise, catering to the demands of first-time homebuyers and families.

Home Value Estimator For West Chicago, IL

There are currently 9,691 real estate properties in West Chicago, IL, with a median automated valuation model (AVM) price of $360,176.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in West Chicago, 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 West Chicago, IL, is $489,910.00, with the most expensive house in West Chicago, IL, topping out at $48,611,812.00 and the cheapest home in West Chicago, IL, clocking in at $14,736.00. In other words, there’s something for every potential homebuyer or savvy investor in West Chicago, IL!

Rent Prices In West Chicago, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in West Chicago, IL, is on a rollercoaster ride. The average rent price in West Chicago, IL, is $1,889.00. Indeed, when looking to rent in West Chicago, IL, you can expect to pay as little as $790.00 or as much as $3,520.00, with the average rent median estimated to be $1,760.00. The good news is that finding an affordable and desirable property to rent in West Chicago, 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.

West Chicago, IL Foreclosures


Market Trend for West Chicago, IL

Total Listings Available: 151

Market Values:

Home Prices from $14,736 to $48,611,812

Average Sales Price: $489,910

Rental Values:

Rental from $790 to $3,520

Average Rent Value: $1,889 / month

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