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Lincolnwood Real Estate

Get Cash at Closing When Purchasing in Lincolnwood, IL

Lincolnwood, Illinois is a small suburban village located only 10 miles northwest of Chicago in Cook County. It is a small area of only 2.7 square miles with approximately 13,000 residents. The town is conveniently located near the Edens Expressway providing easy access to Chicago and the northern suburbs.

Under its former name as Tessville and up until the 1930s, the town had a storied past of drinking, gambling, and the many characters associated with those activities. It was one of the first communities in the area to establish liquor license laws that reduced the number of establishments and many of the related social problems.

Similar to any north suburban village close to Chicago, you'll find a wide range of real estate options in Lincolnwood including homes with prices in excess of $1 million. The current median price for a single-family home is about $350,000 while condos are priced at around $200,000.

Median Home Prices in Lincolnwood, IL
NeighborhoodProperty TypeYearQ1Q2Q3Q4
LincolwoodCondos and Townhomes2008$0$298,750$221,500$337,500
LincolwoodCondos and Townhomes2009$199,500$195,000$197,000$210,000
LincolwoodCondos and Townhomes2010$155,000$198,000$172,500$158,000
LincolwoodCondos and Townhomes2011$134,000   
LincolwoodSingle Family Homes2008$417,500$435,000$452,500$415,000
LincolwoodSingle Family Homes2009$372,500$337,500$340,000$25,000
LincolwoodSingle Family Homes2010$162,500$327,550$325,000$149,500
LincolwoodSingle Family Homes2011$205,000   

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

If you are looking to purchase real estate in Lincolnwood 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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