Near North · Chicago
Sell Your Near North Home for Top Dollar
The Near North Side sits just across the Chicago River from the Loop, putting the Magnificent Mile, lakefront, and central business district within a short walk or transit ride. CTA Red and Brown Line stations plus numerous bus routes make commuting simple, and the area is served by Chicago Public Schools along with nearby private options. Housing stock runs heavily to condominiums and high-rise towers alongside vintage greystones and rowhouses, giving the neighborhood a dense, cosmopolitan urban character. Get a free, no-obligation valuation and a plan to sell for the most the market will pay.
- Free professional photos & floor plan with every listing
- Local pricing expertise + a sharp eye for value
- Response within minutes — not days
The Market Right Now
The Near North market favors sellers
Steady downtown demand and limited inventory in this high-rise, walk-everywhere community keep well-priced homes moving and give sellers strong negotiating leverage.
Typical home value (condo-heavy market)
Median time to sell
Approx. price per square foot
Seller CTA transfer tax per $1,000
Source: Redfin, Zillow & local MLS market data, 2026. Figures refreshed quarterly.
By Property Type
Near North prices by property type
Selling something other than a single-family house? Here's how the Near North market breaks down — condos, townhomes, and income property each price differently.
Redfin Near North Side median sale price, June 2026. Property types with too few recent sales to report reliably are omitted. Figures refreshed quarterly — general information, not an appraisal.
Quick Estimate
What would you net selling in Near North?
Want the full cost picture? Read what it really costs to sell a house in Chicago & Cook County — every line item, plus your town's transfer tax.
No Surprises at Closing
What Chicago requires to sell in Near North
Every location has its own point-of-sale rules, and missing one can delay a closing. Here's what Near North sellers need to know — handled for you, up front.
Transfer tax — split with the buyer
Chicago's transfer tax is shared: the buyer pays the $7.50 per $1,000 city portion, and you pay the $3.00 per $1,000 CTA portion. With state and county tax, your total is $4.50 per $1,000 — already built into your net estimate above.
Water Full Payment Certificate
Before the sale can record, the City requires a Full Payment Certificate confirming the water/sewer account is paid current, from the Department of Water Management. We start this early.
Heating cost disclosure
Chicago requires sellers to give the buyer a heating-cost disclosure for the home's prior heating expenses — a quick step we handle as part of your closing prep.
Zoning certificate (multi-unit)
Two- to six-unit buildings generally need a Zoning Certificate of Compliance before transfer; single-family homes and individual condos typically don't. I confirm what applies to your home.
Details reflect requirements as of 2026 and can change — always confirm current rules with the City of Chicago (311). General information, not legal advice.
New to this? Read the pre-sale requirements guide — transfer stamps, water readings, and inspections explained, plus when to start each.
About Near North
Why buyers compete for Near North
From its established neighborhoods to its newer homes, Near North draws a steady mix of buyers — and the details on the right are what they look for. As your agent, I turn that local demand into a pricing and marketing plan built to sell your home for the most the market will pay, while handling the local paperwork so your close stays on track.
- Walking distance to the Loop and Magnificent Mile
- CTA Red and Brown Line access plus lakefront trails
- Restaurants, galleries, and nightlife in River North
- Mix of high-rise condos and vintage greystones
Near North Seller FAQ
Questions Near North sellers ask
How fast do homes sell in Near North?
In 2026, Steady downtown demand and limited inventory in this high-rise, walk-everywhere community keep well-priced homes moving and give sellers strong negotiating leverage.
Who pays the transfer tax in Chicago?
It's split: the buyer pays the $7.50 per $1,000 city portion and you pay the $3.00 CTA portion. With state and county tax, your total is $4.50 per $1,000.
What do I need to sell my home in Near North?
Before closing, sellers must obtain a City of Chicago water Full Payment Certificate confirming a final water reading with no balance due, and provide the required home heating-cost disclosure to the buyer. Plus the standard signed contract and Illinois PTAX-203 transfer declaration. I confirm the current requirements for your property.
What is my Near North home worth?
It depends on your home's location, size, condition, and current buyer demand. Chris Powell provides a free, no-obligation Near North home valuation based on real comparable sales. Start here.
Also Nearby
Communities near Near North
Ready When You Are
Curious what your Near North home could sell for?
It takes 30 seconds and there's no obligation. Let's find out together.
Get My Free Home ValuationPrefer to talk? Call or text (773) 322-7614 or email chris@chrisgetsyousold.com