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Housing and Real Estate in Chicago, Illinois

nine local experts
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Here's what 9 local experts had to say about housing, real estate, apartments, and more in Chicago.

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Don’t move to Chicago. It’s full of crooks in politics and on the street. More burglaries are happening and Insurance is going up, even in the suburbs. Yet the price of property is sky high. Don’t understand! I guess it’s good if you’re a criminal. It’s a sanctuary city.

If you’re moving to Chicago, you need to determine whether you’ll be working from home or onsite. If onsite whether you’ll be able (or mind taking) public transportation or commute by car. You’ll need to research the housing market to determine whether you can handle living in Chicago (the real city as opposed to the near suburbs). It’s best to talk to multiple real estate agents of “different backgrounds” to find where the ideal housing opportunities for your individual situation are located.

Someone who is moving to Chicago should consider the cost of living in the city; the rent is higher than one would expect. Even small apartments are expensive. Our two bedroom apartment costs $3,000 per month. On top of the rent, one has to pay for parking. A parking spot can potentially cost as much as car payment!

Someone considering moving to Chicago should know the city has high property taxes. Additionally, he or she should determine whether they want to rely on public transportation or drive their own vehicle. If they intend to use public transportation, then it is a good idea to take up residence close to a train line.

Kendra, says: 2020

Someone moving to Chicago should consider a number of factors before settling on a neighborhood. First, they should think about how they will get around the city. Will they take public transportation? If so, they may want to live near a train line. If they prefer to drive, they might want to look for a condo or apartment with ample parking nearby.

Sydney, says: 2020

Those moving to Chicago should first familiarize themselves with Chicago’s diverse neighborhoods. I prefer the Near North Side because it’s safe and less chaotic than the Loop, but still offers an abundance of terrific dining and shopping venues. However, if you’re looking for a more traditional housing arrangement within the city limit then take a look at the North and Southwest suburbs.

Dolores, says: 2020

The cost of living in Chicago is among the highest in the nation. However, there are many affordable apartments near the south suburbs. The city is also known to have limitless food options. The weather fluctuates often and is extremely unpredictable. We have two seasons in Chicago. They are winter and summer.

Are you moving to Chicago? The first thing to consider is whether you want to rent or buy a property. Chicago and the state of Illinois have some of the highest property taxes in the nation.

Nakira, says: 2020

Someone moving to Chicago should know how expensive it is to live here. If you want to live in an area with a low crime rate, expect to pay upwards of $2000-$3000 a month for just a studio apartment let alone a three or four bedroom. In some cases, even neighborhoods with high crime rates are expensive to live in due to its location in relation to public transportation to downtowns.

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