From January to March, 9 homes sold in Chinatown for a median price of $248,000. That's 2.7 percent lower than median home sale prices for the first quarter of 2017.
In the first quarter, there were no foreclosures in Chinatown.
Median property tax for homeowners in Chinatown was $4,679 in 2016 according to tax data from that year. That means homeowners pay 1.9 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.
Chinatown real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
6
$287,528
-
2010
8
$282,150
-1.9%
2011
6
$283,065
0.3%
2012
11
$219,090
-22.6%
2013
6
$316,440
44.4%
2014
4
$263,940
-16.6%
2015
4
$302,100
14.5%
2016
9
$252,000
-16.6%
2017
13
$255,000
1.2%
2018
9
$248,000
-2.7%
Median property tax
Median sale price
Effective property tax rate
2009
$668.54
$287,528
0.2%
2010
$3,223.58
$282,150
1.1%
2011
$4,214.05
$283,065
1.5%
2012
$916.98
$219,090
0.4%
2013
$4,905.63
$316,440
1.6%
2014
$3,798.43
$263,940
1.4%
2015
$6,069.89
$302,100
2%
2016
$4,678.99
$252,000
1.9%
Alerts Sign-up