Ukrainian Village Real Estate

ukrainian-village-chicago-ilUkrainian Village is one of the most charming areas west of the city and recently honored as “hottest neighborhood in the country”. Many people will be surprised to see how much the neighborhood resembles a European town.

Tree-lined streets, overflowing flower boxes and neighbors hanging out in small groups on their stoops are all characteristics of this old world community. Ukrainian Village takes great pride in aesthetics – streets are clean, lawns and backyards are well-kept, and the buildings themselves greatly reflect the neighborhood’s history.

When it comes to real estate, you’ll find a blend of single-family houses, large apartment buildings, two and three-flats, and small cottages here in Ukrainian Village. Many of the homes in this area were designed and constructed by William D. Kerfoot, one of the first developers to flourish after the Great Chicago Fire of 1871. And while Kerfoot’s intricate Victorian-style homes are normally passed down through family generations (and nearly impossible to get your hands on) the remaining real estate is just as desirable; classic, red brick cottages boasting the oh-so-rare beautiful backyard. There are quite a few newer houses as well, many modeled after the quaint, historical vibe of the neighborhood.

Prices spiked in Ukrainian Village shortly after the ‘hottest neighborhood’ honor. But things have settled down just a bit and there are reasonably priced houses and condos to be found. Generally speaking, the average sale price for a two-bedroom condo in Ukrainian Village is around $335,000. If you’re in the market for a little more real estate — perhaps a single-family home — you’re looking at a wide range of prices. A 3 bedroom home might start at $600,000 and many homes are now selling in the $900 to $1.2M mark.

For information on real estate close to Ukrainian Village see these links below

West Loop | Humboldt Park | Wicker Park | The Little Italy & University Village

Buying your first home? Click here for great tips and to find out Debra’s answers to the top four most common questions she receives from first time homebuyers.

Real Estate Market Stats

Zillow Home Value Index: $422,700

Home Size in Square Feet

Year Built

Local National
Zillow Home Value Index $422,700 $226,800
Median Single Family Home Value $750,800 $226,300
Median Condo Value $393,900 $235,200
Percent Homes Decreasing 47 2,736,836
Median List Price Per Sq Ft $467 $140
Median Sale Price 47 234,900
Property Tax 47 2,736,836
Turnover (Sold Within Last Yr.) 47 2,736,836
1-Yr. Change 3.5% 5.4%

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Q: There are so many neighborhoods to choose from, how do I know which neighborhood is best for me?
A: I suggest to clients that they make a list of what they want their day to day life to look like. That list might include things like: easy access to public transportation; ½ mile from the the lake; tree-lined streets with mostly single family homes; close to bars and restaurants; top level public elementary school; trendy, up and coming… start big, winnow down and prioritize. I also suggest that clients look at a few places in several neighborhoods to get an understanding of what each neighborhood offers. It’s all about options, choices and priorities.
If you’d like to know more about Ukrainian Village or scope out other neighborhoods in Chicago with a top buyer’s agent, let’s chat! You can also scroll down to see current Ukrainian Village real estate listings. I look forward to hearing from you! Let’s find your dream home, shall we?
Q: Should I work with a real estate agent?
A: Yes, there are several benefits to working with a real estate agent, especially an experienced top drawer agent. Not only will she be able to give you an accurate value assessment for the property you fall in love with, you’ll likely get a better deal if she is a bear in negotiations. And your agent will advocate for your best interests throughout the transaction. You may also get access to properties not yet actively listed – which is especially important in a hot real estate market such as Chicago! Additionally, when working with an agent, you don’t just get access to her expertise – you get access to her entire network of advisors, lenders, contractors, and more.
Looking to sell your home in Ukrainian Village? Call me to talk about how the #1 brokerage firm in Chicago, and one of its top listing agents (me!), can help you stage, price, market and sell your home for maximum value. It's never too soon to begin; preparation to list time can range from 14 to 120+ days, depending on how many closets there are to purge.
Call Debra at (312) 307-4909

Listings in Ukrainian Village