Washington Park shares its name with the gorgeous, 372-acre park that anchors the neighborhood just south of downtown Chicago. (and while not as famous as many of Chicago’s other parks, it’s one of the most beautiful parks in the city!)
Aside from its picturesque park, the Washington Park neighborhood itself boasts a broad range of real estate–you’ll find plenty of low to mid-rise brick condos–both vintage and new construction, as well as single family homes, town homes, bungalows, and even some historic mansions! You’ll find well-kept streets and beautiful wrought-iron fences that add to Washington Park’s charm.
If you’re looking for real estate that falls into the “fixer upper” category, Washington Park might be right up your alley! A renovation hot-spot, there has been a significant surge in gut rehabs here in particular over the past few years, making Washington Park one of Chicago’s “up-and-coming” Chicago neighborhoods, and on the brink of a real estate renaissance, along with its neighbors Kenwood, Hyde Park, and Bronzeville. As far as real estate prices go, you can expect to pay $1000 and up for a vacant lot all the way up to $267,000 for a three flat. (As you can see, now is certainly the time to buy!)
If you’d like to know more about Washington Park or scope out other neighborhoods in Chicago with a top buyer’s agent, let’s chat! You can also scroll down to see current Washington Park real estate listings. I look forward to hearing from you! Let’s find your dream home, shall we?
For information on real estate close to Washington Park 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||$138,000||$198,000|
|Median Condo Value||$134,400||$212,300|
|Median 3-Bedroom Home Value||$142,800||$191,700|
|Percent Homes Decreasing||17.9%||16.5%|
|Median List Price Per Sq Ft||$111||$125|
|Median Sale Price||42||2,577,540|
|Turnover (Sold Within Last Yr.)||3.2%||3%|
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