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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


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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