Condos InUniversity Park, IL

University Park, IL Condo Market Report (In last 12 months)

Avg. List Price

$131,635 ($95/Sqft.)

Year-Over-Year List Price

24.03%

Total Listings

Avg. Days on Market

Avg. Sale Price

$115,729 ($89/Sqft.)

Year-Over-Year Sale Price

27.98%

Total Sold

Avg. HOA Fees/Sqft.

$8/monthly

University park, IL Condo Market Overview

Welcome to University Park, a charming community that harmoniously combines academic vibrance with suburban serenity. This picturesque haven offers a diverse condo market suitable for everyone, from students to families drawn to the area's educational institutions and tranquil environment. Enjoy modern high-rise buildings with expansive views of lush greenery or cozy garden-style condos nestled within serene tree-lined streets that create a peaceful retreat after a busy day. The vibrant local scene is enriched by nearby parks, recreational activities, and an array of dining and shopping options that make daily living a delight. The beautiful surroundings invite outdoor enthusiasts to explore walking trails and green spaces, while the proximity to Chicago ensures a bustling cultural escape just a short drive away. Embrace the warmth, community spirit, and unique opportunities of living in this delightful suburb, where each day unfolds with charm and potential!

Condos For Sale In University Park, IL

Popular Condos Neighborhoods in University Park, IL

Explore University Park, IL Neighborhoods

University Park is a vibrant community characterized by its spacious residential areas, lush green parks, and a strong sense of community spirit. Home to a dynamic population, it boasts a variety of recreational facilities, cultural events, and easy access to educational opportunities, making it an ideal place for families and young professionals alike. With its blend of suburban tranquility and convenient amenities, University Park truly offers a delightful living experience.

Frequently Asked Questions About University Park, IL

What is it like to live in University Park?

University Park offers a suburban lifestyle with a mix of residential properties, including single-family homes and townhouses, catering to families and individuals. The community is served by public transportation options, including Metra service for easy commutes to Chicago, along with local parks and recreational facilities enhancing the quality of life.

What is it like to live in University Park?

Is University Park expensive?

University Park's cost of living is generally lower than the national average, with median home prices around $200,000, making it accessible for families and first-time buyers. The city's real estate market features a mix of single-family homes and townhouses in various price ranges, contributing to its affordability.

Is University Park expensive?

How much is a condo in University Park?

The average price of a condo in University Park is approximately $100,000 to $250,000, depending on factors such as location, size, and condition. The area primarily offers affordable housing options, catering to first-time buyers and investors.

How much is a condo in University Park?

What are the safest neighborhoods in University Park?

University Park is generally considered a safe community, with lower crime rates compared to metropolitan averages. Notable areas include the vicinity around Governors State University, which benefits from increased security measures and community engagement.