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Home prices across the Chicago area vary GREATLY. It seems obvious that real estate pricing varies partially by its proximity to the trains, but just how much less are you going to pay to live next to the Sheridan Red Line stop versus the Addision, Wrigley Field Red Line stop? Estately conducted a study over the course of six months tracking home sales for houses, condos, and townhouses within a half-mile radius of each transit stop on the CTA’s ‘L’ Red, Blue, Brown, Green, Orange, Purple, Pink and Yellow Lines. The prices are broken down by square foot.

Here are the results of prices by L stop from Estately:

“At an average of $366 per square foot, the Grand Stop on the Red Line is the Chicago Area’s most expensive transit stop to buy a home near. The Halsted Stop on the Green Line was the least expensive at $12 per square foot on average.

Overall, the line with the highest median home price per square foot was the Orange Line—$331, followed by the Purple Line—$326, Brown Line—$305, Pink Line—$270, Red Line—$198, Yellow Line—$164, and Green Line—$99.”

Here’s a portion of the map:

Prices by L Stop

Top ten most expensive Chicago stops

Stop name Lines Median sale price Price per square foot Homes for sale nearby
Grand $428,000 $366 Near North Side
Merchandise Mart $410,000 $360 Near North Side
Clark/Lake $400,000 $357 The Loop
State/Lake $401,531 $356 The Loop
Chicago $427,500 $355 Near North Side
Randolph/Wabash $392,500 $354 The Loop
Washington $375,000 $353 The Loop
Lake $390,000 $352 The Loop
Washington/Wells $375,500 $351 The Loop
Clinton $388,750 $348 Near West Side

Top ten least expensive Chicago stops

Stop name Lines Median sale price Price per square foot Homes for sale nearby
Halsted $14,750 $12 Englewood
Ashland/63rd $20,250 $16 West Englewood
63rd $27,000 $22 Englewood
Cicero $35,000 $25 Austin
69th $46,797 $27 Greater Grand Crossing
Pulaski $37,000 $34 West Garfield Park
Cicero $42,550 $35 Austin
Laramie $49,500 $35 Austin
King Drive $40,084 $38 West Woodlawn
Garfield $57,500 $39 Fuller Park

For more information and the full map of prices by L stop, click here

 

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