Prices for River North 3 bedroom homes for sale may start at only $500,000, but most of them are priced above $1,100,000. In 2012 the median sale price was $915,000. In 2011 and 2010 it was $880,000 for both years.*
River North is located downtown north of the river up to Chicago Avenue. It’s west of Michigan Avenue and east of the north branch of the Chicago River. It’s mostly within the 60610 zip code, but the east part is in 60611.
River North 3 bedroom homes are all condos. There are no co-op apartments in River North. The few houses in River North have more than 3 bedrooms. There are 3 bedroom townhouses which also have a condo form of ownership.
The number of choices of River North 3 bedroom homes has plummeted over the past few years. At the end of 2012 there were only 32 such homes for sale compared with 85 at the end of 2008. That’s a drop of 62%! If you’re considering selling your River North 3 bedroom condo, contact me for a free market analysis.
Sizes of River North 3 bedroom homes range from a tiny 1,500 SF to a median size of around 2,700 SF to 6,000 SF or more. Since most buildings in River North are newer there isn’t much variety in home styles.
There are more 3 bedroom homes for sale in River North with 3 or more bathrooms than there are with 2 or 2 1/2 bathrooms. In the $1,500,000 and above price range expect a minimum of 3 full bathrooms.
Besides having more space than 1 and 2 bedroom homes River North’s 3 bedroom homes typically have the preferred views for a building.
3 BEDROOM HOMES FOR SALE IN RIVER NORTH
Click below to see River North 3 bedroom homes for sale by price range.
|$4M & Above||$2M to $4M||$1M to $2M||$1M & Below|
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* based on Midwest Real Estate Data (MRED); includes co-ops, apartments, lofts & townhouses