Northlake, IL, Real Estate
Northlake, Illinois, is a small city in Cook County, located about 15 miles west of downtown Chicago. With a population of approximately 12,840 as of recent estimates, it offers a suburban feel with convenient access to urban amenities. Originally developed in the mid-20th century, Northlake is known for its tight-knit community, diverse population, and industrial roots, with areas like the Northlake Commons shopping center providing local conveniences. The city features parks, such as King Arthur Court Park, and is home to the historic Elmhurst Hospital Center for Health. Its proximity to O'Hare International Airport and major highways like I-294 makes it a practical hub for commuters and businesses alike.
Northlake currently has 10 single family homes for sale with an average list price of $283,270 and 8 condos for sale with an average list price of $180,437.50. The average annual property tax for Northlake is $4,506.46.
Current Homes for Sale
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Browse Northlake
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 Northlake, i.e. what's hot and what's not.
See What's Hot & What's Not in Northlake
Market Trends
Northlake home sales for the month of October decreased in volume by 72.7% when compared to last year, while the median sale price rose by 31% from $294,000 to $385,000. House sales decreased by 62.5%, while the median sale price rose by 29.6% from $297,000 to $385,000.
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130
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112
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73
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78
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| 2021 | 2022 | 2023 | 2024 |
| # of sales per year | |||
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$250,000
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$251,000
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$272,500
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$293,500
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| 2021 | 2022 | 2023 | 2024 |
| median sale price per year | |||
Median Sale Price for Northlake
Number of Sales for Northlake
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