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Condos for Sale in Palmer Square, Chicago

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Overview
Market Summary
1 Bedroom Condos
2 Bedroom Condos
3+ Bedroom Condos
Pet-Friendly Condos
Fitness & Wellness Condos
Luxury Condos
Schools
Neighbourhood
Demographics

About Palmer Square

Palmer Square is a vibrant neighborhood in Chicago. This district features a mix of historic charm and modern living. It offers a friendly atmosphere with a strong sense of community. You can find a variety of homes, making it suitable for different lifestyles. The area boasts green spaces and attractive streetscapes, providing a pleasant environment. Units with 1–3 bedrooms fit a range of needs.

Palmer Square Market Summary

The condo mix runs from luxury high-rises to restored mid-rises, many with bay or ocean views, concierge, pools, and fitness centers.

Average Condo Sizes

1 Bedroom avg size790 sqft

2 Bedroom avg size1180.43 sqft

3 Bedroom avg size2065.62 sqft

Pricing and Liquidity

No price and liquidity data available.

1 Bedroom Condos

AVG PPSF$295.62 /sqft

AVG SOLD PRICE$235,500

AVG DAYS ON MARKET62 Days

Palmer Square features a range of 1-bed condos, typically measuring between 700 and 880 sq ft. Most condos are conveniently located near bus stops, making it easy to navigate the area. The streets often have wide sidewalks lined with old trees, providing a pleasant walking experience. These properties usually list for around $235,500, attracting attention from various buyers. In terms of market activity, condos in this area typically stay on the market for about 62 days prior to sale. Residents can enjoy local amenities such as corner stores and outdoor benches, enhancing the neighborhood's appeal. The average cost per square foot sits at approximately $296.

Featured Buildings

2740 W Armitage Ave

2740 W ARMITAGE,CHICAGO,IL

1 unit available

View 1-Bedroom Condos

2 Bedroom Condos

AVG PPSF$380.63 /sqft

AVG SOLD PRICE$459,407.14

AVG DAYS ON MARKET53 Days

Palmer Square features a selection of 2-bed condos. Currently, these homes range in size from 1000 sq ft to 1350 sq ft. The average listing price is approximately $459,407. Large windows give views of the quiet streets lined with old trees and stone sidewalks. Residents benefit from nearby corner stores and well-lit crosswalks that make walking more pleasant. Most units tend to remain on the market for about 52 days. Each condo usually sells for around $380 per square foot. Some homes include common amenities such as shared outdoor space or dedicated parking areas, adding convenience to everyday living in this vibrant neighborhood.

Featured Buildings

2740 W Armitage Ave

2740 W ARMITAGE,CHICAGO,IL

1 unit available

View 2-Bedroom Condos

3+ Bedroom Condos

AVG PPSF$355.61 /sqft

AVG SOLD PRICE$771,606.25

AVG DAYS ON MARKET60 Days

Palmer Square has numerous 3-bed condos. Actually, these homes range from 1,300 sq ft to 2,849 sq ft, providing diverse living options. Nearby, well-placed bus stops offer convenient travel. Residents enjoy strolls along wide stone sidewalks shaded by old trees. Corner stores add charm to the neighborhood, enhancing its vibrant atmosphere. A typical condo in this area costs around $771,606. These properties usually remain on the market for about 59 days before selling. Additionally, the cost per square foot sits at approximately $356. This mix of features makes Palmer Square an appealing location for those looking to buy condos.

Featured Buildings

2060 N Stave St

2060 N STAVE ST,CHICAGO,IL

1 unit available

View 3+ Bedroom Condos

Pet-Friendly Condos

AVG PPSF$364.92 /sqft

AVG SOLD PRICE$596,353.97

AVG DAYS ON MARKET57 Days

Palmer Square hosts pet-friendly condos. Currently, the average cost for such a condo is $596,354. With a market time of 57 days, these homes offer great access to green spaces. Most parks in the area include Palmer Square Park and Gompers Park, both of which feature dog-friendly zones. You will find coffee shops like Intelligentsia Coffee nearby, as well as grocery stores like Jewel-Osco. The cost per square foot for these condos stands at $365. Many of the condos have features such as private balconies and open layouts. Whether walking dogs or enjoying a sunny day, residents find plenty of ways to enjoy the outdoors in this vibrant neighborhood.

Featured Buildings

3125 W Fullerton Ave

3125 W FULLERTON AVE, CHICAGO,IL

3 units sold (last 12 months)

2758 W Francis Place

2758 W FRANCIS PLACE,CHICAGO,IL

1 unit sold (last 12 months)

2624 W Armitage Avenue

2624 W ARMITAGE AVENUE,CHICAGO,IL

1 unit sold (last 12 months)

View Pet Friendly Condos

Fitness & Wellness Condos

AVG PPSF$390.68 /sqft

AVG SOLD PRICE$445,000

AVG DAYS ON MARKET65 Days

Palmer Square offers a thriving location with various fitness and wellness condos. Prices start at $445,000, and homes stay on the market for about 65 days. Most units feature open spaces that cater to active lifestyles, with easy access to parks. Currently, Palmer Square Park is nearby, often used for jogging, yoga, and community events. Benches along the park paths allow for relaxing post-workout moments. In addition, shoppers can visit nearby stores along Kedzie Boulevard, offering health foods and supplies. Buyers can enjoy a strong sense of community while engaging in wellness activities, surrounded by green spaces and local conveniences.

Featured Buildings

3125 W Fullerton Avenue

3125 W FULLERTON AVENUE,CHICAGO,IL

3 units sold (last 12 months)

3125 W Fullerton Ave

3125 W FULLERTON AVE, CHICAGO,IL

3 units sold (last 12 months)

View Fitness & Wellness Condos

Luxury Condos

AVG PPSF$372.85 /sqft

AVG SOLD PRICE$559,502.58

AVG DAYS ON MARKET47 Days

Palmer Square is a vibrant area where luxury condos, priced around $559,503, thrive. Currently, homes on the market tend to spend about 47 days listed before they are sold. A key feature of condos here is their spacious design, averaging around 1,500 sq ft, allowing for comfortable living. In proximity, Palmer Square Park serves as a lush area for relaxation and recreation, often filled with people enjoying the outdoors or walking their dogs. The square’s unique street lights and attractive benches add charm to the daily life in this community. Each luxury condo shows a thoughtful blend of modern style and classic design.

Featured Buildings

2740 W Armitage Ave

2740 W ARMITAGE,CHICAGO,IL

1 unit available

2740 W Armitage Avenue

2740 W ARMITAGE AVENUE,CHICAGO,IL

1 unit available

Schools

Chase Elementary School offers grades PK-8. Currently, this public school focuses on teaching students through a well-rounded curriculum that emphasizes both academic and social skills. Most classes encourage creativity and critical thinking, allowing children to develop their talents. Children learn in a safe and welcoming space, which makes for a better learning experience. Darwin Elementary School also serves grades PK-8, where it aims to foster a love for learning among its young learners. Giving students a solid foundation, teachers use hands-on methods to engage the kids. Both schools share a commitment to nurturing young minds, equipping them for their future. They work hard to build a sense of community within their classrooms.

Chase Elementary School

C-

Public|Grades PK–8

2021 N Point St

Darwin Elementary School

Public|Grades PK–8

3116 W Belden Ave

The Neighbourhood: Palmer Square

Palmer Square sits on Chicago's North Side near the lake and a mix of homes and shops. Winnemac Park offers green space and sports fields for local use. Navy Pier attracts families with rides and seasonal fairs. Lincoln Park provides walking paths and gardens close to the lakefront. Lou Malnati's serves pizza to people across the city. Giordano's sells deep dish pies in many neighborhoods. Loyola University Chicago anchors student life and college events near this district. CTA Red Line connects riders to downtown and other neighborhoods. CTA buses link the area to nearby shopping and schools. Wrigley Field brings baseball fans to the North Side on game days. Montrose Beach draws swimmers and bird watchers in warm months. Diverse restaurants like Portillo's and local cafes support day to day needs. Neighborhood bars such as The Red Line Tap host live music and casual nights. Small grocery stores and pharmacies fill routine needs for residents here. Local businesses and parks shape daily life in this district. Data shows that the most common age group falls between 25 to 29 years old. Households with 2 people make up the largest part of the local population.

Demographics

Average Resident age34 years old

Average household Income$91,333 /year

Average HouseHold Composition2 People

What to know about Palmer Square demographics:

About 37% of people here have a Bachelor's degree, showing that many residents are well-educated.
The average age of residents is 34 years, making it a lively place for young adults.

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Frequently Asked Questions about Palmer Square

What is it like to live in Palmer Square, Chicago, IL?

Palmer Square offers a mix of residential homes and green spaces. The neighborhood has a relaxed, community feel with local parks and cafes. It is well-connected by public transit, making it easy to travel around the city.

Is Palmer Square, Chicago, IL expensive?

Palmer Square has a range of home prices, but it's known to be more affordable than some nearby neighborhoods. The area features a mix of single-family homes and apartments. Prices vary based on property type and location within the neighborhood.

What is the weather of Palmer Square, Chicago, IL?

Palmer Square experiences cold winters with snowfall. Summers are warm, often humid. Spring and fall provide milder and more pleasant temperatures.

How safe is Palmer Square, Chicago, IL?

Palmer Square is considered relatively safe, with a mix of families and young professionals living in the area. Crime rates are generally lower than in parts of the larger city. However, as with any urban area, safety can vary by specific locations within the neighborhood.