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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 128 single family homes with an average list price of $368,037, 57 condos/townhomes with an average list price of $224,818, and 6 multi-unit homes with an average list price of $540,633. The average annual property tax for Niles is $4,546.
Schools
| School | District | Grade Level | Grades |
|---|---|---|---|
| Apollo Elementary School | 63 | Elementary | K,1-6 |
| Clarence E Culver School | 71 | Elementary | P-8 |
| Eugene Field Elementary School | 64 | Elementary | K-5 |
| Franklin Elementary School | 64 | Elementary | K-5 |
| Hynes Elementary School | 67 | Elementary | P-4 |
What's Hot & What Not
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Niles, i.e. what's hot and what's not.
See What's Hot & What's Not in NilesSubdivisions/Buildings
| Subdivisions/Buildings | Median Price | |
|---|---|---|
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8120 N. Park 8120 N. Park is a 24 unit condo building built in 2007. 8120 N. Park is located in Niles, Illinois. |
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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 |
$214,500 |
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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. |
$240,000 |
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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 |
$270,250 |
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Bunker Hill Bunker Hill is a single family homes and condo subdivision. The condos were built in the early 1990's, the single family homes were built in the late 1950's to mid 1960's. Bunker Hill is located in Niles, Illinois east Milwaukee Avenue Between Devon Road and Touhy Road. Read more |
$385,000 |
Recent Sales
| Date | Address | Beds | Baths | Sq. Ft. | Year | Subdivision | Sold | ||
|---|---|---|---|---|---|---|---|---|---|
|
Sep 20, 2019 | 7824 N. Harlem Ave. | 3 | 1 | — | 2.5 | 1956 | $262,000 | |
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Sep 19, 2019 | 7814 W. Lill Ct. | 4 | 2 | 2,350 ft2 | 2.5 | 1961 | $412,000 | |
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Sep 12, 2019 | 8705 N. National Ave. | 3 | 2.1 | 1,556 ft2 | 0 | 1963 | $258,000 | |
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Sep 12, 2019 | 9347 N. Knight Ave. | 4 | 2 | 1,668 ft2 | 2 | 1947 | $299,000 | |
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Sep 11, 2019 | 7334 W. Breen St. | 3 | 2 | 1,206 ft2 | 2 | 1960 | $337,000 | |
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Sep 9, 2019 | 8408 W. North Ter. | 3 | 2 | 1,812 ft2 | 2 | 1961 | $382,500 | |
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Sep 9, 2019 | 7340 N. Nora Ave. | 3 | 2 | 1,042 ft2 | 2 | 1958 | $305,000 | |
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Sep 9, 2019 | 8855 N. Prospect St. | 3 | 1 | 1,188 ft2 | 1 | 1960 | $100,000 | |
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Sep 9, 2019 | 7651 N. Oconto Ave. | 3 | 2 | 1,204 ft2 | 2 | 1956 | $280,000 | |
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Sep 9, 2019 | 6815 N. Milwaukee Ave. #411 | 2 | 2 | 1,488 ft2 | 1 | 2002 | Eagle Point | $265,000 |
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.
Market Trends
Niles home sales for the month of August decreased in volume by 25.5% when compared to last year, while the median sale price rose by 3.9% from $284,900 to $295,950. The number of Single Family homes sales decreased by 29.4%, while the median sale price decreased by 0.1% from $333,500 to $333,250. Condo/townhome sales decreased by 17.6%, while the median sale price rose by 34.8% from $178,000 to $240,000.
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369
|
335
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353
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396
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| 2015 | 2016 | 2017 | 2018 |
| # of sales per year | |||
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$240,000
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$258,000
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$275,000
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$275,000
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| 2015 | 2016 | 2017 | 2018 |
| median sale price per year | |||
Median Sale Price for
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Number of Sales for
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Real Estate Sales for August in
| August | Year to Date (Jan 1 - September 21) | |||||
|---|---|---|---|---|---|---|
| 2018 | 2019 | % Change | 2018 | 2019 | % Change | |
| Homes Sold | 51 | 38 | -25.5% | 252 | 280 | +11.1% |
| (Single Family) | 34 | 24 | -29.4% | 149 | 177 | +18.8% |
| (Condos/Townhomes) | 17 | 14 | -17.6% | 103 | 103 | 0% |
| Median Sale Price | $284,900 | $295,950 | +3.9% | $280,000 | $283,500 | +1.3% |
| (Single Family) | $333,500 | $333,250 | -0.1% | $330,000 | $326,000 | -1.2% |
| (Condos/Townhomes) | $178,000 | $240,000 | +34.8% | $190,000 | $213,000 | +12.1% |
| Days on Market | 13 | 28 | +115.4% | 13 | 21 | +57.7% |
| (Single Family) | 9 | 33 | +261.1% | 10 | 24 | +140% |
| (Condos/Townhomes) | 25 | 15 | -42% | 20 | 15 | -25% |
Nearby 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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Golf Mill Park Church St. & Cumberland Avenue |
Basketball Courts Football Field Hiking Paths Parking Picnic Area Playground Shelter Soccer Fields Trails |
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Greenwood Park West Betty Terrace and North Chester Avenue |
Basketball Courts Picnic Area Playground |
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