Here Are the 10 Priciest Zip Codes in Chicago of 2018
It comes as no surprise that Chicago can be an expensive city to live in. With prime waterfront real estate, access to world-renowned entertainment venues, and a thriving culinary scene, the Windy City is no stranger to luxury. In fact, 18 of the 58 priciest zip codes in Illinois belong to Chicago. But which ones are the most expensive?
Using Neighborhoods.com data, we determined the top 10 most expensive Chicago zip codes based on the average price of homes sold in the past 12 months.
Average Home Price: $410,000
Surprisingly, Streeterville and the Magnificent Mile are bringing up the rear as the 10th most expensive zip code of 2018. Home to Navy Pier, Northwestern University, Loyola University Chicago, the Museum of Contemporary Art, and notable stretches of both Lake Shore Drive and Michigan Avenue, this section of Chicago is heavily trafficked by both locals and tourists.
With such walkability and bountiful public transportation, no car is necessary in this zip code (a good thing too because parking can be very expensive). This area is known for its luxury living, offering its well-heeled residents easy access to the best Chicago culture has to offer. If living in the heart of the Windy City sounds exciting to you, explore the lavish housing options in Chicago’s 60611 zip code.
Average Home Price: $427,250
A cornerstone of Chicago’s urban landscape, 60654 is the zip code for River North. For classy cocktails, popular nightclubs, and quintessential Chicago dining, this is the place.
60654 is where nature thrives between towering skyscrapers. This area boasts stunning views of the city, and during the summer, Chicagoans enjoy strolling along the Riverwalk, taking in the fresh air and watching boats cruise down the river. Also, if interior design or luxury home furnishings catch your interest, River North is home to Merchandise Mart, the world’s largest commercial building and design center.
Average Home Price: $430,000
A patchwork of neighborhoods, including Avondale, Irving Park, North Center, Roscoe Village, and The Villa, come together as Chicago’s 60618 zip code. Bisected by the North Branch of the Chicago River, this conglomeration of neighborhoods has a decent amount of greenspace, tree-lined streets, and easy access to I-90.
This area is also home to the flagship location of Kuma’s Corner, a popular bar that takes pride in serving creative burgers and supporting the Chicago heavy music community. In general, this zip code is a peaceful and quiet residential area, but traffic can be an issue during peak travel times. For any potential homebuyers seeking a neighborhood with a strong sense of community amid a variety of home styles, 60618 is the magic number.
Average Home Price: $433,400
60657 is the zip code for Lakeview and Boystown. With dazzling lakeshore views (hence the name) and easy access to the rest of the city, this is a popular area for residents who desire classic urban life.
As the largest neighborhood in Chicago in terms of population density, there’s always something happening in Lakeview, whether is a summer festival, a comedy show at The Annoyance Theatre, or a bar crawl. This zip code is well-known for its wide variety of bars and restaurants, with Boystown specializing in trendy culinary finds.
Average Home Price: $453,000
Parts of Near West Side, Greektown, University Village, and Little Italy all make up the 60607 zip code. Though traffic and parking can be an issue in this area, these neighborhoods are highly walkable and offer easy access to public transportation.
With parts of both Greektown and Little Italy joined together in one zip code, you can bet this section of Chicago is rich in Mediterranean history and culture, including authentic culinary traditions. Yet, old world meets new wave as the northern portion of this area code encompasses Fulton Market, a revitalized west side neighborhood, and Restaurant Row, a collection of notable Chicago eateries on Randolph Street.
Average Home Price: $458,000
This zip code is one of several within Chicago’s iconic city center—the Loop. With space at a premium, home prices are high, but the convenience of this central location is hard to beat. Notable Chicago landmarks in this section of downtown include The Art Institute of Chicago, the CIBC Theater, and the lavish Palmer House.
Average Home Price: $485,000
Locals love the easy access to the expressway, and this zip code is relatively quiet considering it’s location. This part of the city also includes Goose Island, an artificial island surrounded by the North Branch Canal and the North Branch of the Chicago River.
Average Home Price: $490,000
Earning third place as the most expensive zip code of 2018, 60622 includes East Ukrainian Village, Ukrainian Village, and Humboldt Park, as well as parts of Bucktown, West Town, and Wicker Park. This area has a wide variety of home types, including ranch-style homes, two-flats, and workers cottages. The zip code also has convenient access to public transportation, stunning historical architecture, and the 200-acre Humboldt Park.
2. 60602 - $535,000
Average Home Price: $535,000
Another hotbed for luxury living, 60602 lies within the Loop. Aside from being chock full of shopping and dining, this area encompasses Daley Plaza, the Chicago Cultural Center, and part of Millennium Park.
Average Home Price: $550,000
Holding onto the top spot, Chicago’s most expensive zip code encompasses Lincoln Park and its pocket neighborhoods, including Ranch Triangle, West DePaul, Sheffield Neighbors, and Park West. It also claims Old Town’s pocket neighborhood Old Town Triangle.
A highly walkable area, this zip code boasts an abundance of greenspace, an impressive variety of eateries, a selection of luxury housing, and plenty of old-school Chicago charm. With the Lincoln Park Zoo and Lake Michigan forming the eastern border, it’s understandable why this zip code is so popular.