Chicago’s Housing Market Is Finally Balancing

With higher inventory and median sale price slips over the past year, the market is finally shifting to buyers’ favor.

By AJ LaTrace

Latest

2D
ago

The Undersung Hero of Chicago Architecture

Small, boxy Georgian homes break up the bungalow belt, but fit in nicely due to their material and modesty.

1W
ago

What’s for Sale in America’s First Planned Suburb?

A look at the market in Riverside, Illinois

2W
ago

Architecturally Significant Homes for Sale in Chicago

It’s easy to find a place with pedigree in the city. (A Tuscan tower, not so much.)

3W
ago

For $10 Million, an Entire Floor of the Old Playboy Building

The 5,500-square-foot condo sits on the 31st level of the Palmolive Building.

3W
ago

Five Retro Atomic Ranches on the Market

With gabled roofs and lots of interior light, they’re representative of the California landscape they arose in.

3W
ago

Will COVID Kill the Megadevelopment?

Work began on Lincoln Yards and the 78 as the world changed. But developers are betting on a continued thirst for big living.

1 month
ago

Five Bungalows for When You Just Need a House

All for $250,000 or less.

1 month
ago

Live Like a Jetson in These Very ’90s Millennium Mansions

Not to be confused with the much-reviled McMansions.

1 month
ago

Extremely Cute Farmhouse Lists for Price of Loop Condo

The St. Charles property includes 4,400 square feet of living space on two acres — plus a built-in food source.

2 months
ago

How High Up Can You Live in Chicago?

You can crack the 50th floor for less than $300,000 — but be prepared to sacrifice some character for a view.

2 months
ago

Chicago’s Eviction Cliff Is Here

Even with millions of dollars in pandemic assistance, renters and landlords are facing a day of reckoning.

2 months
ago

In This Lincolnwood Home, A Little Something for Everyone

With the help of a bold interior designer, one family went where they hadn’t dared go before .

2 months
ago

The South Side’s Old Housing Stock

Some of the best housing stock in the city lies along a narrow swath of the South Side — namely the Prairie Avenue Historic District.

2 months
ago

What’s on Chicago’s Midcentury Modern Market?

For the price of a comparably sized McMansion.

2 months
ago

Some of the Biggest Homes for Sale in Chicago

Small, boxy Georgian homes break up the bungalow belt, but fit in nicely due to their material and modesty.

A look at the market in Riverside, Illinois

It’s easy to find a place with pedigree in the city. (A Tuscan tower, not so much.)

The 5,500-square-foot condo sits on the 31st level of the Palmolive Building.

With gabled roofs and lots of interior light, they’re representative of the California landscape they arose in.

Work began on Lincoln Yards and the 78 as the world changed. But developers are betting on a continued thirst for big living.

All for $250,000 or less.

Not to be confused with the much-reviled McMansions.

The St. Charles property includes 4,400 square feet of living space on two acres — plus a built-in food source.

You can crack the 50th floor for less than $300,000 — but be prepared to sacrifice some character for a view.

Even with millions of dollars in pandemic assistance, renters and landlords are facing a day of reckoning.

With the help of a bold interior designer, one family went where they hadn’t dared go before .

Some of the best housing stock in the city lies along a narrow swath of the South Side — namely the Prairie Avenue Historic District.

For the price of a comparably sized McMansion.

There are just 41 properties over 7,500 square feet on the market. Here are five very different finds.