Old Town · Chicago
Sell Your Old Town Home for Top Dollar
Old Town sits on Chicago's Near North Side just a couple of miles from the Loop, with the Sedgwick and Clark/Division stations plus the CTA Brown, Purple, and Red Lines putting downtown minutes away. The neighborhood is served by Chicago Public Schools including Franklin and LaSalle II magnet elementaries, and its tree-lined Old Town Triangle showcases some of the city's best-preserved Victorian rowhouses. Housing stock ranges from restored 19th-century single-family homes and greystones to boutique condos and vintage two-flats. 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 Old Town market favors sellers
Limited inventory of historic homes and condos paired with steady demand for a walkable Near North location keeps Old Town firmly a seller's market.
Median sale price
Median days on market
Typical price per sq ft
Seller transfer tax per $1,000
Source: Redfin, Zillow & local MLS market data, 2026. Figures refreshed quarterly.
By Property Type
Old Town prices by property type
Selling something other than a single-family house? Here's how the Old Town market breaks down — condos, townhomes, and income property each price differently.
Redfin & Movoto, July 2026; Old Town is a condo-dominant market. 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 Old Town?
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 Old Town
Every location has its own point-of-sale rules, and missing one can delay a closing. Here's what Old Town 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 Old Town
Why buyers compete for Old Town
From its established neighborhoods to its newer homes, Old Town 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.
- Walk to Wells Street shops, dining, and The Second City
- Minutes to the Loop via CTA Brown, Purple, and Red Lines
- Historic Old Town Triangle Victorian architecture
- Steps from Lincoln Park and the lakefront trail
Old Town Seller FAQ
Questions Old Town sellers ask
How fast do homes sell in Old Town?
In 2026, Limited inventory of historic homes and condos paired with steady demand for a walkable Near North location keeps Old Town firmly a seller's market.
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 Old Town?
Chicago sellers must obtain a City of Chicago water Full Payment Certificate confirming a final meter reading with no outstanding balance, and provide the required heating-cost disclosure before closing. Plus the standard signed contract and Illinois PTAX-203 transfer declaration. I confirm the current requirements for your property.
What is my Old Town home worth?
It depends on your home's location, size, condition, and current buyer demand. Chris Powell provides a free, no-obligation Old Town home valuation based on real comparable sales. Start here.
Also Nearby
Communities near Old Town
Ready When You Are
Curious what your Old Town 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