Chicago City Wire

Chicago City Wire

Monday, February 17, 2020

Q4 real estate sales report: Marquette Park

Real Estate

By Local Labs News Service | Apr 13, 2019

Realestate2

Median prices rose in Marquette Park over last year, and are up 82.3 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 72 homes sold in Marquette Park for a median price of $136,500. That's 6.2 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 8 homes in Marquette Park were in foreclosure.

Median property tax for homeowners in Marquette Park was $2,445.76 in 2017 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 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Marquette Park real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
95
$74,880
-
2010
72
$62,700
-16.3%
2011
57
$58,760
-6.3%
2012
64
$54,228
-7.7%
2013
68
$64,800
19.5%
2014
84
$63,070
-2.7%
2015
69
$95,400
51.3%
2016
69
$105,000
10.1%
2017
98
$128,520
22.4%
2018
72
$136,500
6.2%

Median property tax
Median sale price
Effective property tax rate
2009
$2,785.13
$74,880
3.7%
2010
$2,972.35
$62,700
4.7%
2011
$2,724.67
$58,760
4.6%
2012
$2,321.66
$54,228
4.3%
2013
$2,006.99
$64,800
3.1%
2014
$2,146.66
$63,070
3.4%
2015
$2,299.46
$95,400
2.4%
2016
$2,648.78
$105,000
2.5%
2017
$2,445.76
$128,520
1.9%

Want to get notified whenever we write about Cook County Recorder ?

Sign-up Next time we write about Cook County Recorder, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.

Organizations in this Story

Cook County Recorder

More News