Moving to Chicago area soon and concerned about housing prices.
2007-01-12 09:32:27 · 5 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
Certainly
It's hard to find anything for less than about $100,000, but for $250,000 you should be fine.
Just depends on your needs and expectations: Location. Schools. Yard. Bedrooms. Size. Age. Neighborhood. Taxes.
You can probably find something nice and safe in a Chicago neighborhood for $250.000 even, but don't expect a high-rise condo downtown for much less than $500,000.
Remember the 3 rules most important rules of real estate.
Location
Location
Location
2007-01-12 09:39:55 · answer #1 · answered by David E 4 · 0⤊ 0⤋
The average private property in the Chicago area sells for about $250,000. The issue is what do you want and where do you want to live? I grew up in what is considered to be an expensive suburb. However, my suburb has a lot of condos/townhomes which go for less than 250k.
2007-01-14 10:00:12 · answer #2 · answered by Lea 7 · 0⤊ 0⤋
It sure is - depends on where you want to live and whether you're willing to live in a neighborhood where everyone isn't white. You can get new construction in the south suburbs an in the city you can find some really nice property or even new homes in neighborhoods that aren't mostly white for well under $250K.
2007-01-12 09:44:02 · answer #3 · answered by Fanny B 1 · 0⤊ 0⤋
Of course it is. Your best bet is to look at the heat maps at the Trulia web site.
http://www.trulia.com/home_prices/Illinois/
The legend on the left side of the map shows you the price ranges represented by each color. To zoom in or out, click the (+) or (-) buttons in the top left corner. Pick an area and click on it to get more details.
2007-01-12 10:03:14 · answer #4 · answered by CJ 1 · 0⤊ 0⤋
http://www.chicagohomesweb.com/ForAgents.aspx
2007-01-12 09:43:47 · answer #5 · answered by realestate_leader 3 · 0⤊ 0⤋