From January to March, 254 homes sold in Lincoln Park for a median price of $579,000. That's 1.4 percent higher than median home sale prices for the first quarter of 2017.
In the first quarter, 5 homes in Lincoln Park were in foreclosure.
Median property tax for homeowners in Lincoln Park was $8,654.59 in 2016 according to tax data from that year. That means homeowners pay 1.6 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.
Lincoln Park real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
85
$573,300
-
2010
192
$530,100
-7.5%
2011
169
$497,200
-6.2%
2012
194
$458,345
-7.8%
2013
187
$453,600
-1%
2014
253
$537,950
18.6%
2015
245
$540,600
0.5%
2016
263
$542,850
0.4%
2017
297
$571,200
5.2%
2018
254
$579,000
1.4%
Median property tax
Median sale price
Effective property tax rate
2009
$7,235.99
$573,300
1.3%
2010
$7,388.40
$530,100
1.4%
2011
$7,128.04
$497,200
1.4%
2012
$7,218.09
$458,345
1.6%
2013
$7,112.63
$453,600
1.6%
2014
$7,366.87
$537,950
1.4%
2015
$8,349.39
$540,600
1.5%
2016
$8,654.59
$542,850
1.6%
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