Real Estate in Chicago, United States

Real Estate in Chicago, the United States

Last updated on Mar 13, 2023

Summary: The most desirable neighborhoods in Chicago, United States are Lincoln Park, Lakeview, Wicker Park, Bucktown, and the Gold Coast. The average cost to buy a nice 2 bedroom home in Chicago is around $400,000, while a nice 3 bedroom home can cost around $500,000. These properties typically include modern amenities such as stainless steel appliances, hardwood floors, and updated bathrooms. Foreign ownership of properties in Chicago is allowed, however, there may be restrictions depending on the type of property and the country of origin. An expat looking to buy a home in Chicago should start by researching the different neighborhoods and their amenities. They should also consider their budget and the type of property they are looking for. Additionally, they should consult with a real estate agent who is familiar with the area and can provide advice on the best neighborhoods and properties to consider.

How do I find a place to live in Chicago?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"When looking for a place to live in Chicago, it is important to consider your budget, desired location, and amenities. Start by researching neighborhoods that fit your needs and budget. Once you have narrowed down your search, you can use online resources such as Zillow, Trulia, and Craigslist to find available rentals. Additionally, you can contact local real estate agents to help you find the perfect place. Finally, you can attend open houses to get a better feel for the area and the property," explained one person living in Chicago, the United States.

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About the Author

Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.