Clearing Real Estate

Chicago Homes for Sale in Clearing

Clearing
Chrysler Village

Clearing is a strip of residential properties located just south of Midway Airport on the west side of Chicago. The area gets its name from a time when farm goods from the area were "cleared" (delivered) through the railroad yards and into the city and beyond.

The east end of Clearing is known as Chrysler Village. Numerous homes were constructed in this area near Lawler Park during World War II to house Chrysler Corporation workers building B29 Bomber engines in a nearby plant.

Real estate prices in the Clearing neighborhood have remained somewhat stable during the recent economic downturn. Median home prices for both Clearing condominiums and single-family homes are presented in the table below.

Median Home Prices in the Clearing Neighborhood of Chicago, IL

Neighborhood	Property Type	Year	Q1	Q2	Q3	Q4
CLEARING	Condos and Townhomes	2008	$158,500	$194,750	$159,500	$169,000
CLEARING	Condos and Townhomes	2009	$0	$113,200	$141,000	$178,500
CLEARING	Condos and Townhomes	2010	$96,875	$70,000	$79,000	$77,750
CLEARING	Condos and Townhomes	2011	$90,550
CLEARING	Single Family Homes	2008	$235,000	$226,000	$220,000	$222,450
CLEARING	Single Family Homes	2009	$190,450	$191,000	$200,000	$168,000
CLEARING	Single Family Homes	2010	$178,500	$181,000	$170,000	$167,500
CLEARING	Single Family Homes	2011	$131,250

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

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