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Albany Park Real Estate

Chicago Homes for Sale in Albany Park
  • Albany Park
  • Mayfair
  • North Mayfair
  • Ravenswood Manor

If you travel to Albany Park, chances are you will hear numerous languages spoken besides English. That is because Albany Park is one of the most ethnically diverse neighborhoods in the United States. With a large population with roots from Mexico, Latin America, Korea, the Philippines, the Middle East and Eastern Europe there are over 40 different languages spoken in the public schools. This ethnically diverse community provides the resident and visitor alike with numerous opportunities to experience a global array of dining and culture without ever leaving Chicago.

Koreatown on Lawrence Avenue between Kedzie and Pulaski is Albany Park at its finest. This particular section of Lawrence Avenue has been officially nicknamed by the City of Chicago as "Seoul Drive" because of the multitude of Korean-owned enterprises on the street. This area holds a Korean festival each year and is the home to a Korean-language TV station.

Albany Park is the home of North Park University, a private Christian liberal arts college. Northeastern University, a public university with over 70,000 students is also nearby.

The real estate in Albany Park is as diverse as its residents. Here you'll find excellent examples of Chicago-style bungalows, renovated frame houses, and architecturally unique houses of varying size and price. Condominium units range from renovated apartment buildings and vintage three flats to contemporary new construction.

Median Home Prices in the Albany Park Neighborhood of Chicago, IL
NeighborhoodProperty TypeYearQ1Q2Q3Q4
ALBANY PARKSingle Family Attached2008$203,000$223,750$222,900$182,450
ALBANY PARKSingle Family Attached2009$184,125$171,500$193,950 
ALBANY PARKSingle Family Detached2008$432,500$348,125$318,000$320,000
ALBANY PARKSingle Family Detached2009$269,000$242,800$320,000 

Source: Chicago Association of Realtors; data deemed accurate but not guaranteed.

If you are looking to purchase real estate in Albany Park you may be able to receive $1,000s in cash at closing with our Buyer Rebate Plan. Call us today at 312-282-7349.

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