From April to June, 106 homes sold in River North for a median price of $382,000. That's 11.9 percent lower than median home sale prices for the second quarter of 2017.
In the second quarter, 2 homes in River North were in foreclosure.
Median property tax for homeowners in River North was $5,499.65 in 2017 according to tax data from that year. That means homeowners pay 1.3 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.
River North real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
64
$422,078
-
2010
80
$397,005
-5.9%
2011
101
$350,865
-11.6%
2012
123
$375,505
7%
2013
104
$387,180
3.1%
2014
90
$433,010
11.8%
2015
110
$402,270
-7.1%
2016
126
$436,275
8.5%
2017
109
$433,500
-0.6%
2018
106
$382,000
-11.9%
Median property tax
Median sale price
Effective property tax rate
2009
$4,999.66
$422,078
1.2%
2010
$4,455.89
$397,005
1.1%
2011
$3,461.54
$350,865
1%
2012
$5,057.50
$375,505
1.3%
2013
$4,526.04
$387,180
1.2%
2014
$4,691.03
$433,010
1.1%
2015
$5,341.12
$402,270
1.3%
2016
$5,739.25
$436,275
1.3%
2017
$5,499.64
$433,500
1.3%
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