Ukrainian 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
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
Home Size in Square Feet
|Zillow Home Value Index||$409,800||$213,100|
|Median Condo Value||$373,900||$229,700|
|Percent Homes Decreasing||37.7%||23.9%|
|Median List Price Per Sq Ft||49||129|
|Median Sale Price||49||232,300|
|Turnover (Sold Within Last Yr.)||6.7%||2.9%|
Check out Illinois mortgage rates on Zillow
I’m often asked, “Who is your go-to handyman?" "Help, I need a plumber at 1am!" Where can I find a great home cook for my party?” "Where do I buy a fab bottle of bubbly for my special someone?" After 30 years in the business, I’ve gathered quite a list! That’s why I created my Little Black Book–a comprehensive, 80 page guide of my most trusted vendors, service providers, and partners in Chicago.
You can get access to a downloadable flip-book - just pop in your information below, and we will redirect you to that secret, special page.