Let’s take a quick look at Real Estate Sales in the popular
West Loop Chicago neighborhood. This report is based on
sales data from the MRED MLS system. It is based on
closed transactions from JAN-01-2011 through NOV-13-2011.
CONDO SALES ANALYSIS:
1) 1 bedroom: 137 properties sold at a median price of $207,000.
2) 2 bedrooms: 216 properties sold at a median price of $302,500.
3) 3 bedrooms: 75 properties sold at a median price of $510,000.
4) 4 bedrooms: 5 properties sold at a median price of $610,000.
This should give you a good idea of current market values in the
West Loop. If you are thinking about buying or selling real
estate in the West Loop, please let me know.
Until the next time,
Mark Killion
Keller Williams Realty
Chicago Consulting Group
24 HR Voice Mail:
312-242-1822

