Why Live in Lakeview
Lakeview, located 5 miles north of downtown Chicago and just a mile from Lake Michigan, is a vibrant neighborhood known for its energetic community and convenient location. The area features a diverse housing stock, including condominiums, luxury apartments, and single-family homes along tree-lined streets. Notable architectural styles include Chicago's historic brown and greystones, as well as townhouses with Queen Anne elements. The Southport corridor is a hub for acclaimed dining, with spots like Crosby's Kitchen, Little Goat Diner, and Giordano's offering a range of culinary delights. For a Michelin-starred experience, Galit is a local favorite. Lakeview's community spirit shines through its numerous festivals, such as the Southport Art Fest and Lakeview Taco Fest, which bring residents together for arts, food, and entertainment.
Families in Lakeview have access to highly rated schools, including Blaine Elementary School and Hawthorne Scholastic Academy, both of which serve students from kindergarten through Grade 8. The neighborhood also features several small parks, including South Lakeview Park and the Cubs-themed Margaret Donahue Park, perfect for family outings. For outdoor activities, residents can enjoy the Lakefront Trail, which offers 18 miles of scenic jogging and biking paths along Lake Michigan.
Lakeview is highly walkable and bikeable, with excellent public transportation options, including numerous CTA bus stops and the "L's" Brown Line station on Southport Avenue. Commuters can easily reach downtown by merging onto Route 41, though traffic can be heavy during rush hour. Overall, Lakeview offers a lively yet neighborly atmosphere with a variety of things to do, making it a desirable place to live in Chicago.
Home Trends in Lakeview, IL
On average, homes in Lakeview, Chicago sell after 153 days on the market compared to the national average of 70 days. The median sale price for homes in Lakeview, Chicago over the last 12 months is $265,000, down 54% from the median home sale price over the previous 12 months.
Median Sale Price
$265,000
Median Single Family Sale Price
$326,400
Median Townhouse Sale Price
$265,000
Median 2 Bedroom Sale Price
$330,000
Median 1 Bedroom Sale Price
$265,000
Average Price Per Sq Ft
$262
Number of Homes for Sale
7
Last 12 months Home Sales
542
Median List Price
$409,995
Median Change From 1st List Price
35%
Median Home Sale Price YoY Change
-54%