From July to September, 97 homes sold in Near West Side for a median price of $353,500. That's 8.8 percent lower than median home sale prices for the third quarter of 2017.
In the third quarter, 3 homes in Near West Side were in foreclosure.
Median property tax for homeowners in Near West Side was $5,032.13 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.
Near West Side real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
84
$338,130
-
2010
64
$283,005
-16.3%
2011
67
$331,655
17.2%
2012
106
$264,325
-20.3%
2013
117
$300,240
13.6%
2014
132
$353,510
17.7%
2015
118
$424,000
19.9%
2016
125
$362,250
-14.6%
2017
109
$387,600
7%
2018
97
$353,500
-8.8%
Median property tax
Median sale price
Effective property tax rate
2009
$3,892.77
$338,130
1.2%
2010
$4,062.88
$283,005
1.4%
2011
$4,669.16
$331,655
1.4%
2012
$4,090.39
$264,325
1.5%
2013
$4,148.82
$300,240
1.4%
2014
$4,175.84
$353,510
1.2%
2015
$5,235.50
$424,000
1.2%
2016
$4,734.52
$362,250
1.3%
2017
$5,032.12
$387,600
1.3%
Alerts Sign-up