From July to September, 54 homes sold in University Village / Little Italy for a median price of $334,000. That's 0.4 percent higher than median home sale prices for the third quarter of 2017.
In the third quarter, there were no foreclosures in University Village / Little Italy.
Median property tax for homeowners in University Village / Little Italy was $5,105.30 in 2017 according to tax data from that year. That means homeowners pay 1.5 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.
University Village / Little Italy real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
27
$356,850
-
2010
27
$359,670
0.8%
2011
36
$333,350
-7.3%
2012
35
$283,400
-15%
2013
43
$319,680
12.8%
2014
46
$356,955
11.7%
2015
77
$325,420
-8.8%
2016
82
$326,025
0.2%
2017
69
$332,520
2%
2018
54
$334,000
0.4%
Median property tax
Median sale price
Effective property tax rate
2009
$4,836.76
$356,850
1.4%
2010
$4,879.09
$359,670
1.4%
2011
$5,310.81
$333,350
1.6%
2012
$4,221.74
$283,400
1.5%
2013
$4,573.67
$319,680
1.4%
2014
$5,116.91
$356,955
1.4%
2015
$4,982.05
$325,420
1.5%
2016
$4,543.81
$326,025
1.4%
2017
$5,105.30
$332,520
1.5%
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