From April to June, 84 homes sold in South Chicago for a median price of $92,000. That's 44.3 percent higher than median home sale prices for the second quarter of 2017.
In the second quarter, 16 homes in South Chicago were in foreclosure.
Median property tax for homeowners in South Chicago was $2,967.71 in 2017 according to tax data from that year. That means homeowners pay 4.7 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
South Chicago real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
78
$27,495
-
2010
69
$38,760
41%
2011
54
$33,900
-12.5%
2012
53
$25,070
-26%
2013
81
$31,320
24.9%
2014
67
$40,280
28.6%
2015
54
$38,690
-3.9%
2016
62
$87,413
125.9%
2017
62
$63,750
-27.1%
2018
84
$92,000
44.3%
Median property tax
Median sale price
Effective property tax rate
2009
$2,627.08
$27,495
9.6%
2010
$2,280.79
$38,760
5.9%
2011
$2,378.15
$33,900
7%
2012
$2,078.39
$25,070
8.3%
2013
$2,200.06
$31,320
7%
2014
$2,028.62
$40,280
5%
2015
$2,590.38
$38,690
6.7%
2016
$3,070.84
$87,413
3.5%
2017
$2,967.71
$63,750
4.7%
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