River North Real Estate

River North is a neighborhood located in the Near North Side of Chicago, Illinois. It is located just north of the Loop, and to the west of Lake Michigan. This is a highly urban area and a popular location for tourists and residents alike due to its proximity to the Miracle Mile, the beaches, and the Loop. This is a decidedly urban area, and you won’t find stand-alone single family homes in this area. But, if you are in the mood to live in the heart of all the action, River North may be just the place for you. The River North real estate market is quite expensive, but prices can fluctuate and not everything is crazy expensive.

What to Expect in the River North Real Estate Market

Over all, expect to pay more in this area. This is not an affordable area where everyone will be able to find a place in their budget. Most apartments are in high-rises and you can expect to pay extra for the privilege of parking at your own apartment building. Other real estate options include converted commercial lofts and mid-rise apartment communities.

The average listing price in the area is just over one million dollars, however the median sales price is just over 350,000. Over all, the average price of a home in the River North real estate market is nearly twice the Chicago average. While it is one of the more expensive areas, many residents find the convenient location, breathtaking views, and exciting atmosphere more than worth the cost. Just keep in mind River North isn’t particularly budget friendly.

What to Expect in the Area

If you want the true feeling of city life, consider the River North real estate market. This bustling area is home to a bright and exciting entertainment options including art galleries, tasty restaurants, and hip night spots. Whether you are looking to sip a few local brews or hit up the swankiest club in town you won’t have to go far from your front door. Safety isn’t much of an issue, River North ranks smack in the middle of the crime rate listing for all of Chicago.

Transportation in River North

Cars are not necessary in this area as parking can be a hassle and a large added expense. Public transportation is more than adequate to get you wherever you need to get in or around Chicago. The El and the bus line have stops in the area and taxis are usually easy to find. For most residents, the lack of parking makes owning a car a huge hassle. Most rely on public transportation and taxis.

Chicago River North Real Estate

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Chicagoland Realty Services are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Listing information last updated on October 17th, 2017 at 10:35pm CDT.