Thinking of selling in Chicago?
Park Place Tower homes have sold for a median of $222,500 over the past year, typically in about 24 days. It's a seller's market. Here's the full picture, and what your home is worth today.
$222,500
Median sale
22
Homes sold
12 mo
30
Avg. days on mkt
$273
Median $/sqft
2
For sale now
~1.1 mo supply
Median price by year
▲ 25%A seller's market
Just 2 homes for sale against 22 sales a year, roughly 1.1 months of supply, firmly a seller's market.
Timing matters
August is the window: homes listed then go under contract in about two weeks, while December listings have taken about two months.
Values climbing
The median sale price is up about 25% year over year, so equity has been building for owners here.
$274,050
655 Irving Park Road
2 bd · 1 ba · 850 sf · 55d · 108% of list
$335,700
655 Irving Park Road
2 bd · 2 ba · 1,200 sf · 12d · 116% of list
$265,000
655 Irving Park Road
1 bd · 1 ba · 786 sf · 19d · 106% of list
$270,000
655 IRVING PARK Road
2 bd · 2 ba · 1,150 sf · 24d · 108% of list
$218,000
655 IRVING PARK Road
1 bd · 1 ba · 800 sf · 57d · 97% of list
$250,000
655 Irving Park Road
2 bd · 1 ba · 849 sf · 7d · 100% of list
$250,000
655 Irving Park Road
1 bd · 1 ba · 790 sf · 6d · 113% of list
$151,500
655 Irving Park Road
0 bd · 1 ba · 550 sf · 24d · 96% of list
Sold data via MRED MLS. Shown for market reference; information deemed reliable but not guaranteed.
How fast do homes sell in Park Place Tower?
Over the past year, homes in Park Place Tower have gone under contract in about a month on average (30 days), with the typical home closing in about 24 days.
What is my Park Place Tower home worth?
Homes here have sold for a median of $222,500 over the last 12 months, around $273 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 2 homes for sale against 22 sales a year, about 1.1 months of supply, Park Place Tower is a seller's market. Sellers here have been getting about 100% of list price.
Thinking of selling?
Not a Zestimate. A real CMA from someone who's sold this neighborhood, knows the floor plan premiums, and can tell you which upgrades the buyer pool here actually pays for.
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Your local agent
Joe has read every one of the 22 homes that sold in Park Place Tower this past year, at a median of $222,500, with the typical home going under contract in about three weeks. Joe knows what today's Park Place Tower buyer will actually pay, and what they won't.
With only 1.1 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% of list price. Text or call any time for a straight read on your number.