Why Live in Greektown
Greektown, located on Chicago’s Near West Side, is a neighborhood with a rich history dating back over 150 years. Originally established by Greek immigrants in the 1870s, the area has undergone significant changes, including displacement due to urban development in the 1960s. Today, Greektown is a vibrant cultural hub centered along Halstead Street, featuring Greek restaurants like Greek Islands, Athena Greek Restaurant, and 9 Muses Bar & Grill, as well as 24-hour options like Mr. Greek Gyros. The neighborhood is home to the National Hellenic Museum and hosts the annual Taste of Greektown Festival, celebrating Hellenic culture with food, music, and dance. Residential options include a mix of apartments and condos, ranging from renovated lofts with exposed brick to modern buildings with amenities like fitness centers. Mary Bartelme Park provides green space and playgrounds, while the nearby Fulton Market District offers additional dining and shopping attractions. Greektown is zoned for Skinner West Elementary School, a highly rated National Blue Ribbon school, and Whitney M. Young Magnet High School, one of the top public high schools in the state. The neighborhood has a Walk Score of 97, with convenient access to public transportation, including the Blue, Green, and Pink L lines, and proximity to the University of Illinois Chicago. Greektown benefits from private security patrols and safety grants for residents.
Home Trends in Greektown, IL
On average, homes in Greektown, Chicago sell after 22 days on the market compared to the national average of 52 days. The median sale price for homes in Greektown, Chicago over the last 12 months is $608,750, up 38% from the median home sale price over the previous 12 months.
Median Sale Price
$608,750
Median Townhouse Sale Price
$1,475,000
Median 2 Bedroom Sale Price
$632,500
Median 1 Bedroom Sale Price
$364,900
Average Price Per Sq Ft
$464
Number of Homes for Sale
11
Last 12 months Home Sales
46
Median List Price
$619,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
38%