Thinking of selling in Chicago?
Sell your home in Park Tower
Park Tower homes have sold for a median of $537,500 over the past year, and the typical one went under contract in 26 days. It's a seller's market. Here's the full picture, and what your home is worth today.
The Park Tower market right now
Live from MLS closings · last 12 months$537,500
Median sale
16
Homes sold
12 mo
26
Median days on mkt
$413
Median $/sqft
4
For sale now
~3 mo supply
Median price by year
▲ 200%What the sales data shows in Park Tower
Timing matters
Homes that closed in May typically went under contract in 20 days, while April closings took 92 days.
Values climbing
The median sale price is up about 200% year over year, so equity has been building for owners here.
1-bedroom demand
1-bedroom homes are the quickest to sell here, typically going under contract in 15 days, against 26 days for the neighborhood as a whole.
Recently sold in Park Tower
Sep 2026$136,000
5415 SHERIDAN Road
0 bd · 1 ba · 585 sf · 132d · 97% of list
Sep 2026$4,200,000
800 MICHIGAN Avenue
4 bd · 3.5 ba · 5,250 sf · 16d · 100% of list
Aug 2026$1,040,000
800 Michigan Avenue
2 bd · 2.5 ba · 2,000 sf · 47d · 90% of list
Aug 2026$990,000
800 Michigan Avenue
2 bd · 2.5 ba · 2,052 sf · 29d · 90% of list
Jul 2026$1,700,000
800 Michigan Avenue
3 bd · 3.5 ba · 3,025 sf · 38d · 85% of list
$205,000
5415 SHERIDAN Road
1 bd · 1 ba · 680 sf · 4d · 100% of list
May 2026$1,250,000
800 Michigan Avenue
2 bd · 2.5 ba · 2,030 sf · 45d · 96% of list
May 2026$150,000
5415 SHERIDAN Road
0 bd · 1 ba · 565 sf · 16d · 94% of list
Sold data via MRED MLS. Shown for market reference; information deemed reliable but not guaranteed.
Selling in Park Tower: common questions
How fast do homes sell in Park Tower?
Over the past year, the typical home in Park Tower went under contract in 26 days. That is the median market time of the homes that sold in the last 12 months.
What is my Park Tower home worth?
Homes here have sold for a median of $537,500 over the last 12 months, around $413 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 Tower?
With 4 homes for sale against 16 sales a year, about 3 months of supply, Park Tower is a seller's market. Sellers here have been getting about 95.7% of list price.
Your local agent
Selling in Park Tower? Talk to Joe
16 homes sold in Park Tower over the past year at a median of $537,500, and the typical one went under contract in 26 days. Joe can help you weigh listing now against the window that has sold fastest here.
With only 3 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 Tower comps, not a national average, and sellers here have been getting about 95.7% of list price. Text or call any time for a straight read on your number.
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
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