Greektown, Chicago Homes For Sale & Real Estate

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Greektown Real Estate Insights

Greektown is located in Chicago, Illinois.

Anyone who loves to eat will enjoy the great variety of restaurants in Greektown with their many kinds of cuisines such as Greek, kosher and Middle Eastern. This area boasts arts and entertainment venues, and you will find something for everyone here. With an abundance of beauty salons here, such as hair salons, day spas and makeup artist salons, you will always be looking and feeling your best. There are plenty of choices to satisfy shoppers of all kinds, such as art galleries, home & garden stores and beauty supply shops, adding further allure to it being such a short travel to the best stores in the region. With plenty of public transport choices open to you around Greektown, you will soon see the benefits of leaving your car at home or at the station and joining your neighbors on their daily commute. Instead of taking the car, quite a few people here prefer to get a healthy bit of exercise and walk to work.

Greektown has a fairly high percentage of college graduates, and the area continues to appeal to the educated. If you're single and ready to mingle, this neighborhood is your kind of place, with a high percentage of unwed men and women making their homes here. The statistics state that the residents of Greektown have incomes that are above average.

In Greektown, home prices depreciated prominently by a 13.5 percent year-over-year, providing future buyers with lower budgets a better range of options. The average listing price last year was $399,166. In the meantime, inventory declined significantly year-over-year in this year. Homes on the market dropped 60 percent, from 10 homes for sale to 4 homes for sale. Quite a few of the properties in this neighborhood come with balconies that are perfect for sipping hot cocoa with a warm cuddly blanket while taking in the surrounding view. Several residential properties in this locale feature granite countertops in the kitchen, giving you a low-maintenance, high-quality counter for all your cooking needs. Residents in Greektown tend to be healthier than usual, possibly due to the area's good selection of fitness centers.