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Niles, IL Real Estate News

By Marco Amidei
(RE/MAX Suburban )
Single Family Home Stats for Niles, Illinois Currently for Sale   For Sale Avg. List Min. Max Avg. Days All 101 $330,858 $159,900 $679,000 103 2 bedrooms 8 $194,125 $159,900 $269,000 151 3 bedrooms 52 $278,757 $169,000 $525,000 106 4 bedrooms 33 $417,770 $214,900 $650,000 92 5 bedrooms 8 $447,738 $275,000 $679,000 82 View All Single Family Homes For Sale in Niles Sale Averages - By Month   Sales Avg. List Avg. Sale Ratio% Avg. Days Jun 2013 2 $229,450 $211,250 91.6% 14 May 2013 15 $288,849 $271,326 94.1% 50 Apr 2013 21 $295,503 $293,077 101.2% 35 Mar 2013 25 $275,931 $253,602 91.8% 40 Feb 2013 11 $281,455 $253,500 90.4% 82 Jan 2013 11 $266,395 $229,650 86.9% 100 Dec 2012 9 $238,333 $222,378 94.6% 116 Nov 2012 11 $251,036 $229,273 92.5% 39 Oct 2012 20 $274,930 $248,500 91.2% 85 Sep 2012 ...
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By Marco Amidei
(RE/MAX Suburban )
Single Family Home Stats for Northbrook, Illinois Currently for Sale   For Sale Avg. List Min. Max Avg. Days All 172 $696,597 $120,000 $4,954,000 163 2 bedrooms 9 $404,378 $179,900 $870,000 89 3 bedrooms 56 $450,280 $120,000 $1,900,000 200 4 bedrooms 72 $643,036 $237,500 $1,450,000 135 5 bedrooms 35 $1,276,026 $399,900 $4,954,000 178 View All Single Family Homes For Sale in Northbrook Sale Averages - By Month   Sales Avg. List Avg. Sale Ratio% Avg. Days Jan 2013 23 $577,883 $532,446 98.9% 125 Dec 2012 19 $588,753 $529,750 91.0% 124 Nov 2012 30 $657,274 $570,819 90.8% 134 Oct 2012 28 $600,407 $546,018 91.7% 107 Sep 2012 32 $499,328 $443,527 89.0% 123 Aug 2012 57 $564,075 $525,082 93.0% 123 Jul 2012 39 $582,348 $515,894 89.7% 168 Jun 2012 50 $561,345 $525,617 93.8% 119 May 2012 35 $670,80...
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By Marco Amidei
(RE/MAX Suburban )
Townhome & Condo Stats for Niles, Illinois Currently for Sale   For Sale Avg. List Min. Max Avg. Days All 61 $132,416 $36,000 $249,999 137 1 bedroom 15 $67,147 $36,000 $115,000 177 2 bedrooms 32 $151,159 $89,000 $249,999 109 3 bedrooms 13 $157,168 $99,500 $224,900 167 4 bedrooms 1 $189,900 $189,900 $189,900 63 View All Townhomes & Condos For Sale in Niles Sale Averages - By Month   Sales Avg. List Avg. Sale Ratio% Avg. Days Jan 2013 8 $101,289 $90,078 91.4% 209 Dec 2012 10 $154,130 $126,260 87.4% 130 Nov 2012 9 $149,367 $130,644 85.7% 209 Oct 2012 15 $132,208 $117,617 89.6% 139 Sep 2012 10 $140,040 $125,550 91.3% 115 Aug 2012 13 $151,123 $132,273 87.5% 171 Jul 2012 9 $149,033 $133,889 89.5% 95 Jun 2012 18 $146,133 $132,222 90.0% 146 May 2012 25 $134,283 $112,464 84.4% 161 Apr 2012 15 $1...
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By Marco Amidei
(RE/MAX Suburban )
Single Family Home Stats for Niles, Illinois Currently for Sale   For Sale Avg. List Min. Max Avg. Days All 80 $291,671 $115,000 $669,900 156 2 bedrooms 9 $206,589 $127,900 $424,900 204 3 bedrooms 55 $251,966 $115,000 $408,700 117 4 bedrooms 11 $436,664 $249,900 $669,900 277 5 bedrooms 5 $562,600 $335,000 $669,000 222 View All Single Family Homes For Sale in Niles Sale Averages - By Month   Sales Avg. List Avg. Sale Ratio% Avg. Days Jan 2013 10 $265,250 $236,700 90.8% 169 Dec 2012 15 $255,313 $230,967 91.4% 134 Nov 2012 17 $285,700 $263,888 93.2% 103 Oct 2012 26 $272,673 $234,812 87.5% 143 Sep 2012 16 $285,336 $221,775 84.5% 223 Aug 2012 21 $291,962 $268,838 92.8% 108 Jul 2012 16 $240,322 $225,588 94.4% 90 Jun 2012 24 $271,056 $251,240 92.9% 110 May 2012 22 $275,806 $243,373 87.9% 161 A...
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By Marco Amidei
(RE/MAX Suburban )
Park Place, Niles, Illinois About Park Place Park Place is a condo community built in the 1990's by Pontarelli Builders. Park Place is located at 7120 N. Milwaukee in Niles, Illinois. Average taxes in Park Place $3,838 Average association fees in Park Place $233 ($221 - $245) Average home size in Park Place 1,020 ft2 Average lot size in Park Place 0.00 acres Average year built in Park Place 1994 Homes for sale in Park Place Address Beds Baths Built Price 7120 Milwaukee Ave. #207 2 1.0 1993 $120,000 7120 Milwaukee Ave. #202 2 2.0 1994 $128,900 Sales Summary for Park Place  (Aug 10, 2011 - Aug 9, 2012) # of Sales Average Days on Market Average List Average Sale Ratio% 7 230 $165,500 $135,429 81.8% Recent home sales in Park Place Address Beds Baths Sold 7120 N. Milwaukee Ave. 2 2.0 $135,00...
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By Haris Dedic, Glenview Real Estate - Chicago North Shore
(Villager Realty 847-878-2588)
Highland Towers In Niles, IL are FHA approved!  When I did my search through MLS I found 5 available units on the market in these buildings. My optimistic mind told me to search only by subdivision but I knew better. Unfortunately not all listings can be found by subdivision. We wonder why?    View Larger Map I had to find some real estate data and information about current market trends for Niles, IL and it was a good idea to get back to my blogging; that should be more consistent. Here you can find all FHA approved condos in Niles,IL. Here are the results for March 21, 2012 for attached single family homes. There are curently 77 attached singel family homes for sale in Niles, IL. 33 units are under contract. 136 were sold year to date with an average sold price of $129,794.  If you ar...
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By Marco Amidei
(RE/MAX Suburban )
Woodriver Park in Niles Woodriver Park is a condo community built in the early 1980's. Woodriver Park is located in Niles, Illinois at 6660 Woodriver Road. Activity in Woodriver Park for the past 6 months Homes Sold Lowest Price Highest Price Average Price 2 $110,000 $117,000 $113,500 2 homes sold in Woodriver Park in Niles from $110,000-$117,000 with an average price of $113,500 within the last 6 months. -Niles-   Address City Beds Baths Model List Price Status 6600 Woodriver Dr, 107 Niles 3 2 3 Story $131,000 Active 6660 Woodriver Dr, 211B Niles 2 2 Condo $93,000 Active 6660 Woodriver Dr Niles 2 2   $149,000 Pending 
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Washington Courte in Niles Washington Courte is a condo community built in the early 1980's. Washington Courte is located in Niles, Illinois on Foster and Washington south of Golf Road. Activity in Washington Courte for the past 6 months Homes Sold Lowest Price Highest Price Average Price 4 $117,000 $139,000 $129,875 4 homes sold in Washington Courte in Niles from $117,000-$139,000 with an average price of $129,875 within the last 6 months. -Niles-   Address City Beds Baths Model List Price Status 9500 Washington St, 405 Niles 1 1   $84,900 Active 8001 Courte Dr, 304 Niles 2 2   $114,900 Active 8101 Courte Dr, 207 Niles 2 2 Condo $114,900 Active 8000 Foster Ln, 409 Niles 3 2 3 $145,000 Active 9500 Washington St Niles 3 2   $159,900 Pending 
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By Marco Amidei
(RE/MAX Suburban )
Terrace Square in Niles Terrace Square is a condo community built in the late 1970's. Terrace Square is located in Niles, Illinois on Dee Road and Terrace Road. Activity in Terrace Square for the past 6 months Homes Sold Lowest Price Highest Price Average Price 10 $36,000 $77,000 $54,000 10 homes sold in Terrace Square in Niles from $36,000-$77,000 with an average price of $54,000 within the last 6 months. -Niles-   Address City Beds Baths Model List Price Status 9078 Heathwood, 4D Niles 1 1 4d $125,000 Active 9078 Heathwood Dr, 5K Niles 2 2.1   $104,900 Active 9074 Terrace Dr, 5B Niles 1 1   $109,000 Active 9078 Heathwood Dr, 5B Niles 1 1   $108,000 Active 9078 Heathwood Dr, 1L Niles 1 1   $49,900 Active 9074 Terrace Dr, 4B Niles 1 1   $69,000 Active 9074 Terrace Dr, 4C Niles 1 1   $72...
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By Marco Amidei
(RE/MAX Suburban )
Renaissance in Niles Renaissance is a condo community built in the late 1990's by Pontarelli Builders. Renaissance features 420 condos with floor plans ranging from 933 to 2,162 square feet of living space. Pontarelli purchased the 21 acre lot from the Archdiocese of Chicago for $9.2 million. Renaissance is located in Niles, Illinois on Touhy Road west of Milwaukee Avenue. Activity in Renaissance for the past 6 months Homes Sold Lowest Price Highest Price Average Price 12 $97,500 $247,000 $154,250 12 homes sold in Renaissance in Niles from $97,500-$247,000 with an average price of $154,250 within the last 6 months. -Niles-   Address City Beds Baths Model List Price Status 7071 Touhy Ave, 210 Niles 1 1   $155,000 Active 7041 Touhy Ave, 207 Niles 1 1   $139,900 Active 7011 Touhy Ave, 504 ...
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By Marco Amidei
(RE/MAX Suburban )
Highland Towers in Niles Highland Towers is a 100 unit condo community built in the early 1970's. Highland Towers is located in Niles, Illinois on Golf Road west of Greenwood Road. Activity in Highland Towers for the past 6 months Homes Sold Lowest Price Highest Price Average Price 3 $56,000 $75,000 $65,333 3 homes sold in Highland Towers in Niles from $56,000-$75,000 with an average price of $65,333 within the last 6 months. -Niles-   Address City Beds Baths Model List Price Status 8815 golf Rd, 6C Niles 1 1   $65,900 Active 8809 Golf Rd, 1I Niles 2 2 End Unit $180,000 Active 8815 Golf Rd, 12D Niles 4 4   $235,000 Active 8809 Golf Rd Niles 2 2   $99,900 Pending 
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By Marco Amidei
(RE/MAX Suburban )
Grennan Heights in Niles Grennan Heights is a single family home neighborhood built in the late 1950's. Grennan Heights is located in Niles, Illinois on Milwaukee Avenue north of Oakton. Activity in Grennan Heights for the past 6 months Homes Sold Lowest Price Highest Price Average Price 3 $240,000 $543,000 $351,833 3 homes sold in Grennan Heights in Niles from $240,000-$543,000 with an average price of $351,833 within the last 6 months. -Niles-   Address City Beds Baths Model List Price Status 8320 Oriole Niles 2 1.1 Raised Ran $229,900 Active 8213 Oleander Ave Niles 4 2   $399,000 Active 8113 Osceola Ave Niles 5 2.1   $339,000 Active 8245 Milwaukee Niles 4 3 Large $249,600 Active 8213 Oriole Ave Niles 2 1   $184,900 Active 8506 Oketo Ave Niles 3 2 Lovely $285,000 Active 7222 Greenleaf...
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Greenwood Estates in Niles Greenwood Estates is a single family home neighborhood built in the late 1950's. Greenwood Estates is located in Niles, Illinois on Normal Avenue south of Greenwood Road. Activity in Greenwood Estates for the past 6 months Homes Sold Lowest Price Highest Price Average Price 2 $210,000 $230,000 $220,000 2 homes sold in Greenwood Estates in Niles from $210,000-$230,000 with an average price of $220,000 within the last 6 months. -Niles-   Address City Beds Baths Model List Price Status 8419 Crain St Niles 3 2   $380,000 Active 8523 Madison Dr Niles 3 1   $199,000 Active 8732 North Ter Niles 3 2   $349,000 Active 8509 Roseview Dr Niles 3 2   $259,000 Active 8402 North Ter Niles 3 2   $357,000 Active 8517 Bruce Dr Niles 3 2   $369,000 Active 8516 Normal Ave Niles 4...
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By Marco Amidei
(RE/MAX Suburban )
Eagle Point in Niles Eagle Point is a condo community built in 2002 by Newport Builders Inc. Eagle Point features 204 condos with 13 floor plans ranging from 1,340 to 2,234 square feet of living space. Amenities include heated indoor parking. Eagle Point is located at 6801 N. Milwaukee Ave in Niles, Illinois. Activity in Eagle Point for the past 6 months Homes Sold Lowest Price Highest Price Average Price 2 $125,000 $138,000 $131,500 2 homes sold in Eagle Point in Niles from $125,000-$138,000 with an average price of $131,500 within the last 6 months. -Niles-   Address City Beds Baths Model List Price Status 6815 Milwaukee Ave, 109 Niles 2 2 Pheasant $249,900 Active 6815 Milwaukee Ave, 404 Niles 1 1 1 Br/1ba $99,000 Active 6815 Milwaukee Ave, 408 Niles 2 1 Bobwhite $178,000 Active 6815 ...
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Concord Lake in Niles Concord Lake is a townhouse community built in the mid 1990's 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. Activity in Concord Lake for the past 6 months Homes Sold Lowest Price Highest Price Average Price 1 $149,000 $149,000 $149,000 1 homes sold in Concord Lake in Niles from $149,000-$149,000 with an average price of $149,000 within the last 6 months. -Niles-   Address City Beds Baths Model List Price Status 9023 Heathwood Cir Niles 3 2 Bromfield $175,000 Active 8925 Heathwood Cir Niles 3 2.1   $169,000 Pending 9019 Heathwood Cir Niles 2 2.1   $144,900 Pending 8970 Heathwood Cir Niles 3 2.1   $169,900 Pending 
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By Marco Amidei
(RE/MAX Suburban )
Abbey Manor in Niles 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. Activity in Abbey Manor for the past 6 months Homes Sold Lowest Price Highest Price Average Price 0 $0 $0 $0 -Niles-   Address City Beds Baths Model List Price Status 7450 Waukegan Rd, 509 Niles 3 2 Penthouse $224,000 Active 7450 Waukegan Rd, 503 Niles 2 2   $211,000 Active 
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Niles, IL The data lists available homes by price range with average time on market in each range.   Included in this list are many Foreclosures and Short Sales.   Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. Active Listings List Price Range # Listings Avg. Days on Mkt Less than $49,999 2 202 $50,000 - $99,999 12 184 $100,000 - $149,999 34 282 $150,000 - $199,999 32 312 $200,000 - $249,999 25 310 $250,000 - $299,999 22 219 $300,000 - $349,999 10 134 $350,000 - $399,999 12 247 $400,000 - $449,999 4 290 $450,000 - $499,999 1 166 $500,...
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By Haris Dedic, Glenview Real Estate - Chicago North Shore
(Villager Realty 847-878-2588)
Niles, IL Real Estate Market Trends Here are the real estate trends that I compiled from MLS that will give you an idea of what to expect if you were to buy or sell a home in Niles. The numbers below are showing median sales price by bedrooms, from 2009 - 2011. There is approximately a 37% drop in the median price from 2009  to 2011 for 2 bedrooms or less in Niles. As you see, homes with 4 bedrooms or more did not have much change when we compare 2009 and 2011. Some real estate data for Niles, IL that is not shown in the graph above.Year to date: 265 units sold  Average sold price is $194,086 Maximum sold home was $560,000 Average market time is 177 days (canceled and expired listings are not included) currently there are 196 homes on the market with an average sales price of $256,215. ...
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By Marco Amidei
(RE/MAX Suburban )
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. Ballard Pointe - Ballard Pointe is a condo community built in 2008. Ballard Pointe is located in Niles, Illinois at 8120 W Park. Ballard Terrace - Ballard Terrace is a single family home neighborhood in Niles, Illinois. Bunker Hill - Bunker Hill is a condo community built in the early 1990's. Bunker Hill is located in Niles, Illinois on Milwaukee Avenue Between Devon Road and Touhy Road. Burning Bush - Burning Bush is a condo community built in the late 1970's. ...
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By Judy Chapman
(Referral Network of Illinois LLC)
If you think you don’t have to worry about selling your Niles home and moving on when the need arises, think again. Every day means your house is losing value. That’s right. Every single day. Face value Overall, economic and market forces continue to plague the real estate marketplace, and will for some time to come. One of those market forces has to do foreclosures and short sales. Short end of the stick Over the past year, 67% of all single-family detached homes sold in Niles were ‘distressed’ homes ... either foreclosures or short sales. Digest this for a moment. 1 out of 1.5 homessold in Niles during the last 12 months was a ‘distressed’ home. A ‘distressed’ home is one in which the homeowners experienced some kind of financial crisis. Either they lost their home to the bank. Or the...
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