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The Terrace Home for Sale

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    $449,000

    Pending
    • 3 Beds
    • 1.5 Baths
    • 1,300 Sq Ft

    7226 W Conrad Ave, Niles, IL 60714

    MULTIPLE OFFERS RECEIVED! H&B SUNDAY 3:00PM! Welcome home to this solid 3 bedroom / 1.5 bath home in a fantastic Niles location! Step into a spacious living and dining room area, just steps away from the updated cherry kitchen featuring granite countertops and stainless steel appliances. Enjoy the oversized family room overlooking the front yard, offering plenty of natural light and space for

    Sonia Habibovic Koral Realty

    7226 W Conrad Ave, Niles, IL 60714

The Terrace Home Prices vs. Nearby Niles, IL Neighborhoods

The Terrace Edison Park Prospect Heights
Median Home Price
$450,000
$499,000
$529,950
Median Sale Price
$440,000
+1% YoY
$501,000
+18% YoY
$540,000
+21% YoY
Median Single Family Price
$440,000
$562,500
$585,000
Median Townhouse Price
--
$375,000
$407,500
Median Condo Price
--
$222,500
$405,000
Total Active Listings
0
13
11
Market Conditions
0 Months of Supply
Seller's Market
1 Months of Supply
Seller's Market
1 Months of Supply
Seller's Market

Frequently Asked Questions

Is The Terrace a good place to live?
The Terrace is a good place to live. The Terrace is considered somewhat walkable and bikeable with some transit options. The Terrace is a neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. The Terrace has 4 parks for recreational activities. It has a median age of 51. The average household income is $106,478 which is below the national average. College graduates make up 45.4% of residents. A majority of residents in The Terrace are home owners, with 13% of residents renting and 87% of residents owning their home. A local real estate agent serving The Terrace can help you decide if this neighborhood is the right one for you. Learn more on our The Terrace neighborhood guide.
Is The Terrace, IL a safe neighborhood?
The Terrace, IL is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in The Terrace?
The median home price in The Terrace is $450,000. If you put a 20% down payment of $90,000 and had a 30-year fixed mortgage with an interest rate of 6.55%, your estimated principal and interest payment would be $2,290 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $98K a year to afford the median home price in The Terrace. Learn how much home you can afford with our Home Affordability Calculator. The average household income in The Terrace is $106K.
What are the best public schools in The Terrace?
The best public schools that serve The Terrace are:
  • Maine East High School has an A Niche grade, a student teacher ratio of 15:1 and an average review score of 4.0.
  • Melzer School has a B+ Niche grade, a student teacher ratio of 11:1 and an average review score of 4.7.
  • Gemini Middle School has a B+ Niche grade, a student teacher ratio of 12:1 and an average review score of 4.4.
What are the best private schools in The Terrace?
The best private schools that serve The Terrace are:
What are the most popular zip codes in The Terrace, Niles, IL?
The most popular zip codes in The Terrace, Niles, IL include 60714, 60053, 60068, 60631 and 60025.
What are the most popular neighborhoods near The Terrace, Niles, IL?
The most popular neighborhoods near The Terrace, Niles, IL are Grennan Heights, Courtland Park, Ballard Terrace, Edison Park and Ransom Ridge.
Are home prices dropping in The Terrace?
Yes, home prices in The Terrace are down 2% in the last 12 months.
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