Irving Park Real Estate

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Irving Park Real Estate & Homes for Sale in Illinois

The sprawling city of Chicago is home to 77 officially defined communities, each rich in history and renowned for their architecture. Situated on the Northwest Side of metropolitan Chicago, Irving Park is an attractive residential community known for its historic homes and a patchwork quilt of smaller easily recognizable neighborhoods. All have different traits, but areas such as West Walker, Independence Park, The Triangle, The Villa, Addison Mall and old Irving Park, share a number of important common advantages. Advantages, which include easy access to expressways and public transportation, outstanding schools, solid affordable housing with neatly kept yards and close proximity to the multitude of arts, culture, recreation and sports the Chicagoland area has to offer. Students in grades K-12 are accommodated by renowned schools of the City of Chicago School District. Several colleges and universities including the top-ranked University of Chicago are local and in proximity for students who wish to pursue a degree in higher education. Industries that provide employment in the area include educational, health and social services, professional, scientific, management, administrative and waste management services and manufacturing. Each Irving Park community, totaling approximately 50,000 in residents, has retained its distinctive character, especially Old Irving Park, fondly referred to as Old Irving. Large lots and grand old white frame houses with open fronts and spectacular wraparound porches distinguish this crowning jewel of the Irving Park neighborhood. Real estate options consist of single-family detached homes, estate properties, condominiums and townhouses.

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Irving Park Real Estate Info: Prices of Irving Park Homes for Sale

While Chicago presents a unique variety of real estate options priced anywhere from $50,000 to more than $10 million, Irving Park has several diverse neighborhoods with all types of houses at modest prices. In Old Irving, Queen Anne, Victorian and Italianate-style homes, vintage farmhouses and elegant bungalows are in various stages of renovation or preservation. Old Irving homes have a historic flare. Prices range from the low $200,000s to $600,000 or more. The Villa historic district was built in the 1920s and features stone pillars on corners and two grassy, tree-lined parkways extending the length of the neighborhood. Chiefly brick and/or stucco, The Villa offers Chicago- and California-style bungalows and generous yards and are priced from $400,000 to $600,000. Known as The Triangle, the smaller neighborhood of West Walker has numerous Victorian style houses or American four-squares commanding $300,000 to $500,000 in some parts and $175,000 to $250,000 for more modest homes. Condominiums and townhouses are available, priced in the $100,000s

View Current Rates
-- Feb 24th, 2017 --
 30 yr. fixed rate: 3.97%
 15 yr. fixed rate: 3.16%
 30 yr. jumbo rate: 4.46%
 15 yr. jumbo rate: 3.94%
Average Prices of 3 Bed Homes
-- Feb 24th, 2017 --
 2 Years Ago  $432,000
 1 Year Ago  $347,000
 6 Months Ago   $362,000
 1 Month Ago  $309,000
 Today  $306,000

Irving Park Real Estate Stats and Trends for the week of February 20th, 2017: homes priced around $305,650 compared to $336,860 the previous week, showing a decrease of less than -10%.  For Friday, February 24th, the current national mortgage rate for a 30 year fixed mortgage is 4.01%; the 15 year fixed rate is at 3.14%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.26%, while the 15 year jumbo rate currently is at 3.86%. You can calculate your mortgage rate with our mortgage calculators.  Get local info and homes for sale in Irving Park IL. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Irving Park to help you find the best home!

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