From October to December, 6 homes sold in Chinatown for a median price of $320,500. That's 19.9 percent higher than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, there were no foreclosures in Chinatown.
Median property tax for homeowners in Chinatown was $3,614.35 in 2017 according to tax data from that year. That means homeowners pay 1.4 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.
Chinatown real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
15
$291,330
-
2010
17
$307,800
5.7%
2011
10
$280,805
-8.8%
2012
8
$190,750
-32.1%
2013
5
$236,520
24%
2014
20
$243,800
3.1%
2015
8
$248,040
1.7%
2016
11
$194,250
-21.7%
2017
7
$267,240
37.6%
2018
6
$320,500
19.9%
Median property tax
Median sale price
Effective property tax rate
2010
$0
$307,800
0%
2011
$2,007.89
$280,805
0.7%
2012
$1,417.68
$190,750
0.7%
2013
$3,547.54
$236,520
1.5%
2014
$3,599.11
$243,800
1.5%
2015
$4,234.79
$248,040
1.7%
2016
$3,865.31
$194,250
2%
2017
$3,614.34
$267,240
1.4%