Set on Chicago ’s North Side, the Graceland West neighborhood gives buyers a mix of housing near restaurants, public transit and lakefront recreation. You'll find historic condo buildings and duplexes, as well as a few detached homes with contemporary or Queen Anne styles. Residents can walk to nearby restaurants or use trains and buses to reach and other spots throughout the city.
Graceland West features a mix of vintage greystone buildings and multiunit buildings from the early 1900s alongside newer single-family construction. Condos and duplex homes are the most common, and prices range from the upper $100,000s to the upper $900,000s. Residents in these multifamily properties usually pay HOA fees. Detached homes with Queen Anne and contemporary styles can sell for around $1.2 million to $2.6 million. “Part of what makes Graceland West so special is that we have really large lots by city standards,” says Sarah Maxwell, a broker with Christie’s International Real Estate. It’s not just the lot size that makes the neighborhood feel more spacious. “The houses in Graceland West sit way back from the street," Maxwell says. "It gives a boulevard feel because we have so many really old trees.”
Some residents walk or bike along the neighborhood's sidewalks to visit restaurants on Montrose or Ravenswood avenues. If you want to travel outside the community, Graceland West has strong public transit options. “The Brown and Red lines are close, and we have awesome buses - the Clark Street and Ashland buses,” Maxwell says. The Chicago Transit Authority's Red and Brown "L" train lines connect the area to downtown and other parts of the city, while bus service runs throughout the neighborhood. You can drive about 2 miles to Montrose Beach or closer to 10 miles to reach downtown Chicago. Traffic is a daily experience, so the drive downtown can take about 20 minutes, but things get busier during baseball season. With Wrigley Field less than a mile away, Maxwell mentions it impacts all neighborhood residents. “When you live in Graceland West, you have to be cognizant of the Wrigley schedule for traffic. It can take an hour to go somewhere that would usually take 10 minutes."
When you want to get outside, you might walk around Warner Garden Park to see the historic trees or spend time playing at Lakeview School Park. Graceland Cemetery is a certified arboretum known for its landscape architecture. “In the fall, it’s really beautiful,” says Maxwell. “There are wild coyotes that live there, but they don’t bother you. It’s really cool to have it in the city.” For more active recreation, Lake Michigan's shore is around 2 miles away. “We use the lake all the time," Maxwell says. "The dogs like it. There's a fenced dog beach. I'll bike there and ride my bike along the lakefront.” Montrose Beach is where you might go to spend the day on the sand, swimming or kayaking.
Graceland West is served by the Chicago Public Schools district. The neighborhood is home to Lake View High School, which gets a B-minus from Niche. Private options are nearby, like German International School Chicago, which teaches children in a bilingual setting.
You don't have to go far to dine out in Graceland West. “One of my favorite bars is The Long Room," Maxwell says. "They have a little hidden patio in the back that’s great." The Long Room is just one of the options on streets bordering the neighborhood. You can also visit:
Residents have a number of ways to get together in the neighborhood. “We have a really active community association that’s been around since 1979," Maxwell says. "They put on block parties regularly.” Some of the annual events the Graceland West Community Association puts on are:
Jane Stahmer
@properties Christie's International Real Estate
(224) 507-6513
32 Total Sales
1 in Graceland West
$331,000 Price
Greg Desmond
@properties Christie's International Real Estate
(877) 640-3740
113 Total Sales
1 in Graceland West
$539,900 Price
Kathleen Jeske
Impero Properties
(833) 955-3112
17 Total Sales
1 in Graceland West
$390,000 Price
DeMarcus Hunter
Compass
(877) 764-1862
78 Total Sales
1 in Graceland West
$650,000 Price
Edgar R. Guerrero
REMAX Legends
(855) 951-5250
131 Total Sales
1 in Graceland West
$800,000 Price
Amy Sunshine
@properties Christie's International Real Estate
(877) 619-5964
28 Total Sales
1 in Graceland West
$453,000 Price
On average, homes in Graceland West, Chicago sell after 13 days on the market compared to the national average of 55 days. The median sale price for homes in Graceland West, Chicago over the last 12 months is $567,500, up 8% from the median home sale price over the previous 12 months.
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Median List Price
$525,000
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Median Sale Price
$567,500
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Median Single Family Sale Price
$2,049,000
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Median Townhouse Sale Price
$870,000
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Median 2 Bedroom Sale Price
$434,500
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Median Change From 1st List Price
-2%
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Last 12 months Home Sales
36
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Median Home Sale Price YoY Change
8%
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Average Price Per Sq Ft
$444
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Number of Homes
380
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Number of Homes for Sale
1
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Median Year Built
1915
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Months of Supply
0.30
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Average Single Family Home Size Sq Ft
3,224
Significantly above the national average
1,935
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Average Townhouse Size Sq Ft
2,221
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Average 2 Bedroom Size Sq Ft
1,090
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Average 1 Bedroom Size Sq Ft
950
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Median Lot Size Sq Ft
4,573
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Number of Homes for Rent
10
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Median Rent
$2,550
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Median Single Family Home Rent
$2,750
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Median 4 Bedroom Single Family Home Rent
$4,950
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Median Townhouse Rent
$3,850
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Median 2 Bedroom Townhouse Rent
$2,600
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Median Condo Rent
$2,400
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Median 2 Bedroom Condo Rent
$2,750
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Total Population
2,574
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Median Age
37
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Population Density
16 ppl/acre
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Population under 18
22.8%
On par with the national average
23.8%
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Population over 65
8.8%
Below the national average
19.1%
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Median Household Income
$110,177
Significantly above the national average
$79,597
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Average Household Income
$146,648
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High School Graduates
96.9%
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College Graduates
84.7%
Significantly above the national average
34.1%
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Advanced Degrees
36.9%
Above the national average
13.3%
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% Population in Labor Force
87.7%
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Annual Precipitation
40''
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Average Winter Low Temperature
17°F
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Average Summer High Temperature
83°F
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Annual Snowfall
20''
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Bikeability
Walkability
Transit
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
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