Streeterville Real Estate

Chicago Streeterville Real Estate

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Located within the community of Near North Side, most of the Streeterville community is located on a reclaimed sand bar. There are some disputes about what area is included in Streeterville, but it is mostly agreed to be the area north of the Chicago River and east of the Magnificent Mile. This area is home to some of the most iconic land marks in Chicago, making it a popular destination for visitors and residents alike. This is a popular neighborhood filled with restaurants and famous department stores, making the Streeterville real estate extremely popular and pricey.

Pricing in the Streeterville Real Estate Market

Streeterville is nestled on the coveted land between the Magnificent Mile and Lake Michigan. The area is a hot tourist destination and the real estate market remains robust, even after the recent economic decline. House prices continue to rise, making now a great time to buy into the Streeterville real estate market. At the beginning of 2013, home sale prices in the area averaged nearly 400,000, an increase of almost 18 percent. The average listing price for homes in the area was over 1 million dollars, however the difference between the price of the average sale and the average listing price may be artificially raised due to expensive.

What to Expect when Purchasing a Home in Streeterville

Like most major cities, Chicago is full of neighborhoods with strikingly different personalities. From the home town feel of Ukrainian Village, to the trendy Loop district, Chicago’s neighborhoods have much to offer home buyers and investors.  Streeterville is a particularly popular, urban neighborhood, and the real estate market is experiencing steady growth. Most of the homes for sale in this area are luxury high rise condos, studios, and lofts. Several story gray stones are also extremely common in the area. Single family homes are not the norm in this area, and home owners should also be prepared to pay extra for car parking. 

About the Neighborhood

The neighborhood of Streeterville is filled with luxury apartments, fantastic dining options, and some of the best shopping in Chicago. Home buyers looking to live in the heart of Chicago will love to call Streeterville home. With so many exciting entertainment options close by, there is never a dull evening. This are is conveniently located and offers easy access to Chicago’s transit system means owning a car in not a necessity. Buyers looking to experience the best of luxury city living should consider the Streeterville real estate market.

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 August 20th, 2017 at 7:20am CDT.