Homes for sale in 60611

Olympia Centre - 161 E Chicago, Chicago, IL 60611

Olympia Centre - 161 E Chicago, Chicago, IL 60611

If you want to live in downtown Chicago, close to the lake and close to the Loop, a home in the 60611 zip code may be for you.

The 60611 zip code extends roughly from State Street east to the lake and north from the east branch of the Chicago River up to Division. That description is approximate as the borders don’t always follow the streets.

60611 is in the southeast portion of the Near North Side, the northern portion of downtown Chicago. Most of the homes for sale in 60611 are in the Streeterville neighborhood.

Homes in 60611 in the few blocks west of Michigan Avenue and south of Chicago Avenue are in the River North neighborhood. This part of 60611 has a higher density of restaurants and night clubs than Streeterville. The portion of 60611 west of Michigan Avenue and north of Chicago Avenue is in the Gold Coast neighborhood. That area too has more restaurants and night clubs except for the very northern portion which is the most residential part of 60611.

60611 homes for sale include condos, townhomes with a condo form of ownership, co-op apartments, row houses and a few mansions. Most of the condos are in high-rise buildings. Houses are very vertical.

Many homes have views of Lake Michigan with some along the lake having 180 degree lake views. Some of the homes for sale in the south end of 60611 have views of the east branch of the Chicago River. While homes on the east side of 60611 are more likely to have views of the lake homes on the west side of 60611 are closer to “L” stops and more bus routes.

The number of choices of homes for sale in 60611 has plummeted over the past few years.* At the end of the 4th quarter 2013 there were only 771 such homes for sale compared with 1,550 at the end of 2010. That’s a drop over 50%! If you’re considering selling your home in 60611, contact me for a free market analysis.

Prices have been rising in 60611. In 2013 the median sale price was $445,000. In 2012 it was $410,000. In 2011 it was $412,000.

Market times have been improving. In 2013 the average days on market was only 112 days. In 2012 and 2011 it was 179 and 201 days.

Sizes of 60611 homes range from studios with only 300 SF to mansions with 8,000 SF or more. Styles range from vintage to contemporary.

HOMES FOR SALE IN 60611

Click below to see homes for sale in 60601 by price range.

$3M+$2M - $3M$1.5M - $2M$1M - $1.5M
$900K - $1M$800K - $900K$700K - $800K$600K - $700K
$500K - $600K$400K - $500K$300K - $400K$200K - $300K

SCHEDULE SHOWINGS or GET A FREE MARKET ANALYSIS

Contact me to
schedule showings for any listings
get a free market analysis for your home
or
request additional information

* based on Midwest Real Estate Data (MRED)

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ABOUT THE AUTHOR

Fran Bailey Fran Bailey is a Realtor who has been quoted in numerous Chicago and national publications. To schedule showings for any listings, get a free market analysis for your home or to contact Fran email her at fran.bailey@bairdwarner.com or call 773.793.4516. Learn More

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