Morton Grove Real Estate

Get Cash at Closing When Purchasing in Morton Grove, IL

Morton Grove, Illinois is a near-north suburb of Chicago located in Cook County. It is a small village of approximately 23,000 residents located just off the Edens Expressway. While a small area, 20% of the community is owned by the Cook County Forest Preserve District which provides residents with award-winning parks and open spaces.

In 2007, the Village of Morton Grove was selected by Family Circle magazine as one of the "Ten Best Towns for Families" in America. The selection was based upon numerous parameters including affordable housing, good jobs, excellent schools and a relatively low level of stress when compared to similar communities.

Like most areas around Chicago, prices for real estate in Morton Grove have become much more affordable since 2008. Median home prices are currently just over $250,000 for both condominiums and single-family homes in the area.

Median Home Prices in Morton Grove, IL

Neighborhood	Property Type	Year	Q1	Q2	Q3	Q4
Morton Grove	Condos and Townhomes	2008	$216,500	$288,000	$188,500	$278,000
Morton Grove	Condos and Townhomes	2009	$231,500	$255,000	$253,000	$207,777
Morton Grove	Condos and Townhomes	2010	$226,750	$145,000	$114,500	$225,000
Morton Grove	Condos and Townhomes	2011	$122,850
Morton Grove	Single Family Homes	2008	$370,000	$357,500	$323,952	$315,000
Morton Grove	Single Family Homes	2009	$304,950	$269,950	$268,000	$247,000
Morton Grove	Single Family Homes	2010	$265,500	$262,500	$250,000	$260,000
Morton Grove	Single Family Homes	2011	$264,500

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

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