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Thinking of selling in Chicago?

Sell your home in Park Place Tower

Park Place Tower homes have sold for a median of $247,500 over the past year, and the typical one went under contract in 22 days. It's a seller's market. Here's the full picture, and what your home is worth today.

The Park Place Tower market right now

Live from MLS closings · last 12 months

$247,500

Median sale

24

Homes sold

12 mo

22

Median days on mkt

$283

Median $/sqft

1

For sale now

~0.5 mo supply

Median price by year

▲ 23.8%
$222K2024$200K2025$248K2026

What the sales data shows in Park Place Tower

A seller's market

Just 1 home for sale against 24 sales a year, roughly 0.5 months of supply, firmly a seller's market.

Timing matters

Homes that closed in September typically went under contract in 13 days, while December closings took 54 days.

Values climbing

The median sale price is up about 23.8% year over year, so equity has been building for owners here.

Recently sold in Park Place Tower

Sold data via MRED MLS. Shown for market reference; information deemed reliable but not guaranteed.

Selling in Park Place Tower: common questions

How fast do homes sell in Park Place Tower?

Over the past year, the typical home in Park Place Tower went under contract in 22 days. That is the median market time of the homes that sold in the last 12 months.

What is my Park Place Tower home worth?

Homes here have sold for a median of $247,500 over the last 12 months, around $283 per square foot. Every home is different, so request a free, no-obligation valuation for a figure specific to yours.

Is now a good time to sell in Park Place Tower?

With 1 home for sale against 24 sales a year, about 0.5 months of supply, Park Place Tower is a seller's market. Sellers here have been getting about 100.5% of list price.

Joe Keegan, Chicago real estate agent

Your local agent

Selling in Park Place Tower? Talk to Joe

24 homes sold in Park Place Tower over the past year at a median of $247,500, and the typical one went under contract in 22 days. Joe can price your home off these sales rather than a national estimate.

With only 0.5 months of inventory, the risk here isn't finding a buyer; it's underpricing and leaving money on the table. Joe prices off the actual Park Place Tower comps, not a national average, and sellers here have been getting about 100.5% of list price. Text or call any time for a straight read on your number.

✓Licensed IL broker✓Chicago sold comps✓24 Park Place Tower sales tracked✓Sellers ~100.5% of list

Thinking of selling?

What's your home actually worth?

Not a Zestimate. A real CMA built on the homes that actually sold around you, adjusted for the floor plan, condition and upgrades that move the price.

  • Pricing range with comp-by-comp logic
  • Pre-list improvements that pay back, and the ones that don't
  • No obligation, no spam, no auto-dialer

Get a real valuation

Looking to buy in Park Place Tower? See homes for sale →