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Multi-family Foreclosures in Wheeling, IL

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Wheeling, IL Foreclosures

How much do homes sell for in Wheeling, IL?
The average home price is currently $354,241.
In Wheeling, IL, how many homes are available?
There are currently 2,927 active home listings available in Wheeling.
What’s the average rental cost in Wheeling, IL?
The average rental price in Wheeling is $1,699.
What is the most expensive home in Wheeling?
The most expensive home sold in Wheeling had a price of $28,922,350.
What is currently the cheapest priced home in Wheeling, IL?
The cheapest home for sale in Wheeling is priced at $11,567.

Living in Wheeling, IL

Wheeling, IL is a vibrant suburb located near Chicago, offering a unique blend of urban and suburban living. With excellent schools, numerous parks, and a rich dining scene, it is an ideal place for families and professionals alike. The community is well-connected with public transportation, ensuring easy access to the city and beyond.

Current Market Conditions in Wheeling, IL

The real estate market in Wheeling has seen steady growth, with an increase in home values driven by demand for family-friendly neighborhoods and quality schools. The community continues to attract buyers, making it a desirable location for home investment.

Recent trends show a surge in interest for single-family homes, with many buyers looking for spacious properties. The market remains competitive, with homes receiving multiple offers, particularly in desirable school districts.

Home Value Estimator For Wheeling, IL

There are currently 12,389 real estate properties in Wheeling, IL, with a median automated valuation model (AVM) price of $309,639.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wheeling, 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 Wheeling, IL, is $354,241.00, with the most expensive house in Wheeling, IL, topping out at $28,922,350.00 and the cheapest home in Wheeling, IL, clocking in at $11,567.00. In other words, there’s something for every potential homebuyer or savvy investor in Wheeling, IL!

Rent Prices In Wheeling, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wheeling, IL, is on a rollercoaster ride. The average rent price in Wheeling, IL, is $1,699.00. Indeed, when looking to rent in Wheeling, IL, you can expect to pay as little as $900.00 or as much as $3,420.00, with the average rent median estimated to be $1,720.00. The good news is that finding an affordable and desirable property to rent in Wheeling, 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.

Wheeling, IL Multi-family Homes


Market Trend for Wheeling, IL

Total Listings Available: 2,927

Market Values:

Home Prices from $11,567 to $28,922,350

Average Sales Price: $354,241

Rental Values:

Rental from $900 to $3,420

Average Rent Value: $1,699 / month

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