Central Business District, IL Housing Market

The Central Business District housing market is somewhat competitive. The median sale price of a home in Central Business District was $258K last month, up 8.3% since last year. The median sale price per square foot in Central Business District is $237, up 34.9% since last year.

Trends
Demand
Schools
Climate

Central Business District Housing Market Trends

What is the housing market like in Central Business District today?

$258K

Sale Price

+8.3%
since last year

$237

Sale $/Sq. Ft.

+34.9%
since last year

Under List Price

1.2%

Days on Market

Down Payment

20.0%

Total Homes Sold

To compare other locations to the Central Business District and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Arlington Heights add value to a home.

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How hot is the Central Business District housing market?

Central Business District is somewhat competitive. Homes sell in 61 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 61 days.
Hot homes
can sell for about 1% above list price and go pending in around 42 days.

Compare With Nearby Neighborhoods

Golden Corridor

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 53 days.
Hot homes
can sell for about 2% above list price and go pending in around 37 days.

See more nearby cities and neighborhoods

View houses in Central Business District that sold recently

Recently sold homes

SOLD JAN 17, 2025
$1,650,000 Last Sold Price
3 beds
3.5 baths
5,220 sq ft
151 W Wing St #902, Arlington Heights, IL 60005
List Price
$1,795,000
Sale to List
8% under list
Days on Market
158 days
151 W Wing St #902, Arlington Heights, IL 60005
SOLD JAN 17, 2025
$650,100 Last Sold Price
2 beds
2 baths
1,891 sq ft
44 N Vail Ave #311, Arlington Heights, IL 60005
List Price
$599,900
Sale to List
8% over list
Days on Market
63 days
44 N Vail Ave #311, Arlington Heights, IL 60005
SOLD JAN 13, 2025
$590,000 Last Sold Price
3 beds
2.5 baths
2,094 sq ft
77 S Evergreen Ave #1305, Arlington Heights, IL 60005
List Price
$589,900
Sale to List
0% over list
Days on Market
40 days
77 S Evergreen Ave #1305, Arlington Heights, IL 60005
SOLD JAN 10, 2025
$425,000 Last Sold Price
2 beds
2 baths
1,431 sq ft
200 W Campbell St #409, Arlington Heights, IL 60005
List Price
$449,000
Sale to List
5% under list
Days on Market
52 days
200 W Campbell St #409, Arlington Heights, IL 60005
SOLD JAN 8, 2025
$125,000
—beds
—baths
—sq ft
509 N Dunton Ave #8, Arlington Heights, IL 60004
List Price
—
Sale to List
—
Days on Market
—
509 N Dunton Ave #8, Arlington Heights, IL 60004
SOLD DEC 30, 2024
$231,000 Last Sold Price
1 bed
1 bath
980 sq ft
121 S Vail Ave #407, Arlington Heights, IL 60005
List Price
$239,000
Sale to List
3% under list
Days on Market
27 days
121 S Vail Ave #407, Arlington Heights, IL 60005
SOLD DEC 13, 2024
$303,500
—beds
—baths
—sq ft
131 S Evergreen Ave, Arlington Heights, IL 60005
List Price
—
Sale to List
—
Days on Market
—
131 S Evergreen Ave, Arlington Heights, IL 60005
SOLD DEC 10, 2024
$210,000 Last Sold Price
3 beds
2 baths
1,100 sq ft
510 W Miner St Unit 2A, Arlington Heights, IL 60005
List Price
$208,000
Sale to List
1% over list
Days on Market
28 days
510 W Miner St Unit 2A, Arlington Heights, IL 60005
See all recently sold homes in Central Business District.
See listings

Schools in Central Business District

Learn about schools in the Central Business District area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Central Business District housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Central Business District.

Flood Factor - Minor

8% of properties are at risk of severe flooding over the next 30 years

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Moderate

83% of properties are at moderate risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Central Business District

New Listings in Central Business District

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