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Oakland Chicago Real Estate Conditions
Near South is a community just south of Chicago’s Loop
located with Pershing Road at the north, Marquette south, Cottage Grove east,
and State Street west.
Near South is home to one of Chicago’s largest housing
and development booms in the last 20 years. Because of this, it is also one of
the most economically diverse areas in the city. Some of Chicago’s wealthiest
residents live in close proximity to some of the city’s most improvised. The new
commerce has brought in many new and convenient recreation and retail options
for residents to enjoy. Near South is home to the Illinois Institute of
Technology and the Prairie Avenue Historic District, which has Chicago’s oldest
building, The Widow Clarke House.
The neighborhood is currently known for having a large
amount of new construction condos, high rises, and two and three flats as well
as many rehabs and conversions of homes and industrial buildings and factories
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Oakland, Chicago Coordinates:
| Direction |
Low |
High |
| South |
4700 |
5100 |
| East |
1 |
900 |
There are 225 listings currently available in Oakland.
| Property
Type |
Available |
Median |
Low
|
High
|
| Condos/Lofts |
149 |
$251,517 |
$36,500 |
$910,000 |
| Detached, Single Family |
17 |
$513,911 |
$99,000 |
$1,069,900 |
| Multi (2-4 units) |
11 |
$474,877 |
$205,000 |
$1,750,000 |
| Multi (5+ units) |
0 |
n/a |
n/a |
n/a |
| Vacant Land |
9 |
n/a |
$26,900 |
$1,349,000 |
To look at these Oakland Chicago real estate listings, click here.
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