Produced by Realty.com, this video provides a snapshot of the Chicago real estate market.
Chicago ranks as the third most populous metropolitan area in the United States. According the National Association of Realtors, Chicago's average home price in 2007 is $283,200. In 2005, the US Census Bureau told us that the average household income for the state of Illinois is $50,260. Chicago is subject to IL's 10.8% tax rate, which ranks as the 23rd most taxed state in the union.
For more real estate information, and to gain full access to all MLS, For Sale by Owner, and Foreclosure listings for the Chicago area, visit us at Realty.com.
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