$2,570
0 bd1 ba567 sqft
1715 Chicago Ave APT 708S
Downtown, IL Housing Market
$346,820
1.5% 1-yrThe average Downtown, IL home value is $346,820, up 1.5% over the past year.
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Downtown Key Takeaways
Typical Home Values: $346,820
1-year Value Change: +1.5%
(Data through August 31, 2025)
Downtown Housing Market Overview
--1-year Market Forecast
35For sale inventory(August 31, 2025)
14New listings(August 31, 2025)
--Median sale to list ratio
--Median sale price(July 31, 2025)
$372,483Median list price(August 31, 2025)
--Percent of sales over list price
--Percent of sales under list price
--Median days to pending
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Chicago-Dempster$447,791
- Noyes and Foster$373,388
- West Side$424,849
- Main-Chicago$325,148
- West Village$493,914
- West End$367,394
- Central Street$529,746
- Howard Street$255,852
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Downtown Rental Market Trends
--Average rent in Downtown
$2,007National average rent(August 31, 2025)
--Month-over-month change
--Year-over-year change
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
