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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, typically in about 24 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

22

Homes sold

12 mo

30

Avg. days on mkt

$282

Median $/sqft

3

For sale now

~1.6 mo supply

Median price by year

25%
$222K2024$200K2025$250K2026

What I know about Park Place Tower

A seller's market

Just 3 homes for sale against 22 sales a year, roughly 1.6 months of supply, firmly a seller's market.

Values climbing

The median sale price is up about 25% year over year, so equity has been building for owners here.

Timing matters

August is the window: homes listed then go under contract in about two weeks, while December listings have taken about two months.

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, 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 $247,500 over the last 12 months, around $282 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 3 homes for sale against 22 sales a year, about 1.6 months of supply, Park Place Tower is a seller's market. Sellers here have been getting about 99.6% of list price.

Joe Keegan, Chicago real estate agent

Your local agent

Joe knows Park Place Tower

Joe has read every one of the 22 homes that sold in Park Place Tower this past year, at a median of $247,500, 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 1.6 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 99.6% of list price. Text or call any time for a straight read on your number.

Licensed IL brokerChicago specialist22 Park Place Tower sales trackedSellers ~99.6% of list

Thinking of selling?

What's your home actually worth?

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.

  • 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 →