Thinking of selling in Chicago?
Sell your home in Park Tower
Park Tower homes have sold for a median of $250,000 over the past year, typically in about 25 days. It's a balanced 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$250,000
Median sale
14
Homes sold
12 mo
39
Avg. days on mkt
$313
Median $/sqft
5
For sale now
~4.3 mo supply
Median price by year
▼ 9.1%What I know about Park Tower
1-bedroom demand
1-bedroom homes are the quickest to sell here, going under contract in about two weeks on average, faster than the neighborhood as a whole.
Prices softening
The median sale price is down about 9.1% year over year, so pricing right matters more than it did a year ago.
Recently sold in Park Tower
Jul 2026$1,700,000
800 Michigan Avenue
3 bd · 3.5 ba · 3,025 sf · 38d · 85% of list
Photo coming soon
Jun 2026$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
May 2026$825,000
800 MICHIGAN Avenue
2 bd · 2.5 ba · 2,000 sf · 2d · 97% of list
May 2026$240,000
5415 SHERIDAN Road
1 bd · 1 ba · 680 sf · 23d · 100% of list
Apr 2026$1,100,000
800 Michigan Avenue
2 bd · 2.5 ba · 2,050 sf · 159d · 96% of list
Apr 2026$250,000
5415 Sheridan Road
1 bd · 1 ba · 24d · 100% 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, homes in Park Tower have gone under contract in around six weeks on average (39 days), with the typical home closing in about 25 days.
What is my Park Tower home worth?
Homes here have sold for a median of $250,000 over the last 12 months, around $313 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 5 homes for sale against 14 sales a year, about 4.3 months of supply, Park Tower is a balanced market. Sellers here have been getting about 97.7% of list price.
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
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