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Niles, Illinois, Real Estate
Niles is a village in Cook County, Illinois, a village just west of Chicago. According to the 2010 census, the population was 29,803.
Niles currently has 105 single family homes with an average list price of $382,629, 54 condos/townhomes with an average list price of $193,098, and 5 multi-unit homes with an average list price of $511,580. The average annual property tax for Niles is $4,390.
Averages
- $4,390
- 1,518 ft2
- 0.29 ac
- 1970
- $321/m
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Current Homes for Sale
Map View
List View
170 Homes for Sale
Sort by: Most Recent
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Active |  |
Price Change |  |
Under Contract |  |
Foreclosure |  |
Sold |
Recent Sales
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308
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327
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402
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356
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| 2013 | 2014 | 2015 | 2016 |
| # of sales per year | |||
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$215,000
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$230,000
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$241,750
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$259,000
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| 2013 | 2014 | 2015 | 2016 |
| median sale price per year | |||
| Date | Address | Beds | Baths | Sq. Ft. | Year | Subdivision | Sold | ||
|---|---|---|---|---|---|---|---|---|---|
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Jul 21, 2017 | 6914 W. Jarvis Ave. | 5 | 5 | 4,660 ft2 | 3.5 | 2005 | $715,000 | |
![[Address Unavailable], Niles, IL 60714](/img/w100-c3x2/pics/homes/large/2225645/___niles_il_01.jpg){kind=small}
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Jul 21, 2017 | [Address Unavailable] | 3 | 2 | — | 1 | 1956 | $315,000 | |
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Jul 21, 2017 | 7825 N. Nordica Ave. | 3 | 1.1 | 1,400 ft2 | 0 | 1967 | $220,000 | |
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Jul 21, 2017 | 8353 W. Harrison St. | 5 | 2 | 2,000 ft2 | 1 | 1962 | Golden Acres | $388,000 |
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Jul 20, 2017 | 8101 N. Wisner St. | 3 | 3 | 1,275 ft2 | 2.5 | 1965 | $385,000 | |
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Jul 18, 2017 | 8119 W. Elizabeth Ave. | 3 | 1 | 1,108 ft2 | 2 | 1965 | $250,000 | |
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Jul 18, 2017 | 6700 W. Harts Rd. | 3 | 1 | 1,636 ft2 | 2.5 | 1911 | $259,500 | |
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Jul 17, 2017 | 7036 W. Howard St. | 3 | 2 | 1,144 ft2 | 2 | 1955 | $275,000 | |
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Jul 17, 2017 | 6701 N. Milwaukee Ave. #601 | 2 | 2 | 1,260 ft2 | 1 | 1993 | Bunker Hill | $188,500 |
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Jul 17, 2017 | 8948 W. Heathwood Cir. | 3 | 2.1 | — | 1 | 1994 | Concord Lake | $235,000 |
We helped over 300 families buy and sell homes last year.
The HomesByMarco team are experts. If you're looking to buy or sell a home, give us a call today at 888-32-MARCO.
The HomesByMarco team are experts. If you're looking to buy or sell a home, give us a call today at 888-32-MARCO.
Schools
| School | District | Grade Level | Grades | For Sale |
|---|---|---|---|---|
| Apollo Elementary School | 63 | Elementary | K,1-6 | View Homes For Sale |
| Clarence E Culver School | 71 | Elementary | P-8 | View Homes For Sale |
| Eugene Field Elementary School | 64 | Elementary | K-5 | View Homes For Sale |
| Fairview South Elementary School | 72 | Elementary | P-8 | View Homes For Sale |
| Franklin Elementary School | 64 | Elementary | K-5 | View Homes For Sale |
Subdivisions/Buildings
| Subdivisions/Buildings | Median Price | ||
|---|---|---|---|
|
8120 N. Park 8120 N. Park is a 24 unit condo building built in 2007. 8120 N. Park is located in Niles, Illinois. |
$324,450 | |
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Abbey Manor Abbey Manor is a condo community built in 1995 by Pontarelli Builders. Abbey Manor features a 36 unit building with four floors of condominiums built above an indoor, heated garage. Floor plans range from 1,439 to 1,840 square feet of living space. Abbey Manor is located in Niles, Illinois at 7450 N Waukegan Road. Read more |
$195,000 | |
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Ballard Pointe Ballard Pointe is a 24 unit condo community built in 2008. Ballard Pointe is located in Niles, Illinois at 8120 W Park. |
$248,000 | |
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Ballard Terrace Ballard Terrace is a single family home neighborhood built in the 1950's and 1960's. Ballard Terrace is located in Niles, Illinois east of Greenwood Avenue and south of Dempster Street. Read more |
$260,000 | 1 Home For Sale |
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Bunker Hill Bunker Hill is a condo community built in the early 1990s. Bunker Hill is located in Niles, Illinois on Milwaukee Avenue Between Devon Road and Touhy Road. |
$442,000 | 2 Homes For Sale |
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Bunker Hill Club Bunker Hill Club is 6 floor 60 unit condo building built by Pontarelli Builders, Bunker Hill Club features condominiums with floor plans ranging from 1,100 to 1,817 square feet of living space. Bunker Hill Club is located at 6701 N. Milwaukee in Niles, Illinois. Read more |
$183,000 | |
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Burning Bush Burning Bush is a condo community built in the late 1970s. Burning Bush is located in Niles, Illinois on Touhy east of Milwaukee Avenue. |
$98,000 | 3 Homes For Sale |
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Chesterfield Gardens Chesterfield Gardens is a townhouse community built in the early 1960s. Chesterfield Gardens is located in Niles, Illinois on Shermer Road south of Dempster Road. |
$215,750 | 4 Homes For Sale |
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Concord Lake Concord Lake is a townhouse community built in the mid 1990s by Concord Homes. Concord Lake features 84 town homes with floor plans ranging from 1,298 to 1,760 square feet of living space. Concord Lake is located in Niles, Illinois on Dee Road north of Golf Road. Read more |
$212,000 | 1 Home For Sale |
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Courtland Park Courtland Park is a townhouse and duplex community built in the early 1960s. Courtland Park is located in Niles, Illinois on Washington and Lyons south of Golf Road. Read more |
$195,000 |
Metra Train Stations
We couldn't find any train stationsNearby Parks
| Park | Amenities | |
|---|---|---|
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Bunker Hill Forest Preserve |
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Chesterfield Park North Sherman Road and Niles Avenue |
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Courtland Park West Lions Street and North Washington Avenue |
Basketball Courts Playground Soccer Fields |
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Greenwood Park West Betty Terrace and North Chester Avenue |
Basketball Courts Picnic Area Playground |
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Grennan Heights Park 8255 Oketo Avenue |
Baseball Diamonds Basketball Courts Playground Soccer Fields Softball Fields Tennis Courts |
Market Trends
Niles home sales for the month of June rose in volume by 4.7% when compared to last year, while the median sale price rose by 17.1% from $252,000 to $295,000. The number of Single Family homes sales rose by 25%, while the median sale price rose by 21.1% from $282,750 to $342,500. Condo/townhome sales decreased by 21.1%, while the median sale price rose by 13.8% from $189,000 to $215,000.
Median Sale Price for Niles
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Number of Sales for Niles
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Real Estate Sales for June in Niles
| June | Year to Date (Jan 1 - July 22) | |||||
|---|---|---|---|---|---|---|
| 2016 | 2017 | % Change | 2016 | 2017 | % Change | |
| Homes Sold | 43 | 45 | +4.7% | 176 | 204 | +15.9% |
| (Single Family) | 24 | 30 | +25% | 110 | 125 | +13.6% |
| (Condos/Townhomes) | 19 | 15 | -21.1% | 66 | 79 | +19.7% |
| Median Sale Price | $252,000 | $295,000 | +17.1% | $261,750 | $279,500 | +6.8% |
| (Single Family) | $282,750 | $342,500 | +21.1% | $295,000 | $315,000 | +6.8% |
| (Condos/Townhomes) | $189,000 | $215,000 | +13.8% | $160,000 | $188,000 | +17.5% |
| Days on Market | 12 | 12 | 0% | 16 | 14 | -9.7% |
| (Single Family) | 7 | 12 | +84.6% | 18 | 12 | -31.4% |
| (Condos/Townhomes) | 33 | 39 | +18.2% | 15 | 18 | +20% |
Supply & Demand
The absorption rate is essentially the total number of months that is would take to sell all of the current listings in a particular market. These ratings are in a constant state of fluctuation, based on supply and demand, and usually involve all homes sold within the previous six-month period. Read more »
How is Absorption Rate calculated? How is Months of Inventory calculated?
| Seller's Market |
Balanced Market |
Buyer's Market |
|---|---|---|
| < 5 months Inventory |
5 months Inventory |
> 5 months Inventory |
20% of available homes are currently under contract
Supply & Demand for Single Family Homes
| List Price | Available | Sold Since 01/22 | Under Contract Last 30 days |
Absorption Rate | Months of Inventory |
|---|---|---|---|---|---|
| 201k-225k | 7 | 1.2 | 0 | ||
| 226k-250k | 1 | 5 | 2 | 0.8 | 1.3 |
| 251k-275k | 5 | 15 | 2.5 | 2 | |
| 276k-300k | 4 | 24 | 5 | 4 | 1 |
| 301k-325k | 10 | 25 | 4 | 4.2 | 2.4 |
| 326k-350k | 12 | 14 | 4 | 2.3 | 5.2 |
| 351k-375k | 8 | 10 | 1 | 1.7 | 4.7 |
| 376k-400k | 5 | 9 | 1.5 | 3.3 | |
| 401k-425k | 2 | 5 | 0.8 | 2.5 | |
| 426k-450k | 4 | 2 | 0.3 | 13.3 | |
| 451k-475k | 3 | 1 | 0.5 | 0 | |
| 476k-500k | 1 | 2 | 1 | 0.3 | 3.3 |
| 501k-550k | 2 | 3 | 1 | 0.5 | 4 |
| 551k-600k | 3 | 3 | 1 | 0.5 | 6 |
| 601k-650k | 2 | 5 | 2 | 0.8 | 2.5 |
| 651k-700k | 2 | 0 | - | ||
| 701k-750k | 1 | 0.2 | 0 | ||
| 751k-800k | 2 | 1 | 0.2 | 10 | |
![[Address Unavailable]](/img/w360-c3x2/pics/homes/large/2225645/___niles_il_01.jpg)
![[Address Unavailable]](/img/w360-c3x2/pics/homes/large/2310580/___niles_il_01.jpg)
34% of available homes are currently under contract
Supply & Demand for Condos/Townhomes
| List Price | Available | Sold Since 01/22 | Under Contract Last 30 days |
Absorption Rate | Months of Inventory |
|---|---|---|---|---|---|
| 51k-75k | 1 | 0.2 | 0 | ||
| 76k-100k | 1 | 2 | 1 | 0.3 | 3.3 |
| 101k-125k | 1 | 9 | 3 | 1.5 | 0.7 |
| 126k-150k | 5 | 11 | 2 | 1.8 | 2.8 |
| 151k-175k | 4 | 11 | 1 | 1.8 | 2.2 |
| 176k-200k | 4 | 17 | 3 | 2.8 | 1.4 |
| 201k-225k | 14 | 3 | 2.3 | 0 | |
| 226k-250k | 3 | 15 | 3 | 2.5 | 1.2 |
| 251k-275k | 1 | 5 | 3 | 0.8 | 1.3 |
| 276k-300k | 3 | 3 | 0.5 | 6 | |
| 301k-325k | 3 | 0.5 | 0 | ||
| 476k-500k | 1 | 0.2 | 0 | ||
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