North Park Chicago

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North Park Chicago Real Estate & Homes for Sale in Illinois

North Park: Suburban Chicago is like a patchwork quilt featuring parks, villages and diverse neighborhoods. The community of North Park is no exception. Located three miles west of Lake Michigan on Chicago’s North Side, North Park is bordered by the North branch of the Chicago River on the south, the North Shore Channel of the Chicago River on the east, Pulaski Road on the west and Devon Avenue on the north. Comprised of Bohemian National Cemetery, two university campuses, North Park Village Nature Center and several parks, North Park is perfect to explore by foot or bicycle. A scenic trail winds along the North Shore Channel and extends the entire length of the neighborhood. It is safe to say that, given all the open green space, North Park is one of the most peaceful communities on the North Side. In fact, it is known as a quiet residential area with neatly kept single-family homes and a sleepy atmosphere - especially in the summer when school is out. Like so many Chicago neighborhoods, North Park students are served by Chicago Public Schools, a premier urban school district serving nearly 440,000 students in grades K- through 12. North Park University was established in 1891 and “Old Main,” a three-story brick Georgian revival building with a distinctive cupola, is the campus centerpiece. Northeastern Illinois University is also located in North Park.


 

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Price Range of North Park Chicago Houses

North Park’s tranquil residential streets are home to young professionals, students and an eclectic mix of locals with Swedish, Korean and Jewish backgrounds. In unmistakable Chicago style, the real estate market features a wide variety of architectural styles. Many of the single-family homes were built in the early 1900s and start in price from $155,000. Everything from Prairie homes to Cape Cods to Victorian bungalows, as well as new contemporary construction, are available on tree-lined streets from the mid-$100,000s to more than $1.2 million or executive properties and small estates. Numerous multi-family dwellings, from single-unit townhouses to high-rise condominium buildings are affordably priced from $134,500 to more than $555,000

North Park Chicago Real Estate Stats and Trends for the week of December 15th, 2019: homes priced around $368,625 compared to $381,300 the previous week, showing a decrease of less than -3%.  For Sunday, December 15th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.

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