2019-2020 Housing Market Overview

Chicago Real Estate Market 2020

On this page you'll learn about the Chicago, IL real estate market for 2019 and 2020

Chicago Real Estate Market Overview

Metro population:
9.5M
Median household income:
$63,000
Unemployment rate:
5.40%
Median home price*:
$128,000
Median monthly rent*:
$1,500
Chicago Real Estate Market Trends & Statistics 2018-2019
Play Video

Interested in investing in the Chicago real estate market in 2019 or 2020? On this page you’ll learn about housing market trends and statistics to help you make that decision.

Please Note: This page is current as of January 2019. While most of the data points presented on this page won’t have changed considerably in the last year, we always want to make sure our content is as current and accurate as we possibly can. This page will be officially updated for 2020 by early January, so check back to get the latest updates!

If you’d like to be notified when this page is fully update for 2020, please send an email to KathyFettke@realwealthnetwork.com with the subject line “Chicago Market Update 2020” and we’ll make sure to notify you! 🙂

About Chicago

Interested in investing in the Chicago real estate market in 2019 or 2020? On this page you’ll learn about housing market trends and statistics to help you make that decision. Note: This page will be updated for 2020 by early January 2020, so check back to get the latest updates!

Located in northeastern Illinois on the southwestern shores of Lake Michigan, Chicago is the third-most populous city in the United States and the fifth-most populous city in North America. Although the city has been called by many nicknames, it is most widely known as the Windy City.

More To Love About Chicago:

  • Chicago has the third-largest gross metropolitan product in the United States—about $737.3 billion according to Statista’s 2019 estimates. The city has also been rated as having the most balanced economy in the United States, due to its high level of diversification.
  • According to World Business Chicago, the Chicago metro is also home to more than 400 major corporate headquarters, including 31 Fortune 500 HQs and 300 corporate R&D facilities. Some of the most well known Chicago HQs are Walgreens, Boeing, and Sears Holdings Corp.
  • Today, the Windy City is recognized as the fourth-most important business center in the world (according to the MasterCard Worldwide Centers of Commerce Index).
Show More

Major Employers in Chicago

Why We Like Chicago in the Year 2019?

In this webinar you’ll learn about the Chicago real estate market. Find out what makes this city a great place…

Read more

[RWS #654] “Opportunity Zones” in Chicago

The new tax law encourages investment in economically distressed communities, called “Opportunity Zones.” This is by far one of the…

Read more

Property Teams

Property Team details can only be viewed in the Investor Portal, which can be accessed by Real Wealth Network members who are logged in at Investor.RealWealthNetwork.com

Sample properties

Sample properties can only be viewed in the Investor Portal, which can be accessed by Real Wealth Network members who are logged in at Investor.RealWealthNetwork.com.

Member Relations

With a 5 year background in providing excellent customer service experiences, Mariah brings her skill and passion to Real Wealth Network as your member concierge. When she isn’t working to help meet your needs with RWN, you’ll likely find Mariah consumed in a good book, finding the next trail to run, or spending time with her friends and family.

Disclaimer: The information provided on this page is for educational purposes only. Real Wealth Network makes no warranty or representation as to the accuracy, completeness or reliability of this information. Please be advised that this content may contain errors, is subject to revision at all times, and should not be relied upon for any purpose. Under no circumstances shall Real Wealth Network be liable to you or anyone else for damage stemming from the use or misuse of this information.

Scroll to Top