Northlake July 23, 2024
34
Listed
35
Avg. DOM
$202.55
Avg. $ / Sq.Ft.
$294,900
Med. List Price
34 Properties
Page 1 of 3

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Northlake, Illinois, is a city situated in Cook County, United States, with a population of 12,840 as of the 2020 census. It is affectionately known as "The City of Friendly People." The city's name, "Northlake," originates from the intersection of North Avenue (IL 64) and Lake Street (US 20) on its western border.

Education:

The city is served by two elementary school districts, District 87 (Berkeley) and District 83 (Mannheim), along with two high school districts, West Leyden High School District 212 and Proviso Township (Proviso East High School/Proviso West High School)  High Schools District 209. Private school options include St. John Vianney, while Triton College is the designated community college.

Centerpoint Preserve:

The Centerpoint Preserve (Grant Park) spans 32 acres and was generously donated to the City of Northlake by Centerpoint Properties. Located at the heart of Northlake, it serves as a vibrant community hub with amenities such as a walking/bicycle path, a dog park, and various workout stations. The park is well-lit and monitored, ensuring safety for evening workouts. The city also has plans to introduce a picnic area with running water in the future.

Notable People:

Northlake has been home to notable individuals such as retired basketball player Tom Dore, former Mayor of Northlake Eugene C. Doyle, Chicago blues harmonica player Little Arthur Duncan, photographer Richard Fegley, former Alderman Manny Flores, former State Representative Geoffrey Obrzut, actor Mark Venturini, and former State Representative Linda Williamson.

 

Northlake Real Estate Market:

The Northlake real estate market offers a diverse range of housing options for residents and potential buyers. As of my last knowledge update in January 2022, here is an overview of the real estate market in Northlake:

  • Housing Types: Northlake features a mix of housing types, including single-family homes, condominiums, townhouses, and apartments. Each housing type caters to different preferences and budgets.
  • Home Prices: Home prices in Northlake can vary significantly depending on factors such as location, size, and condition. Generally, the real estate market in Northlake is considered to be relatively affordable compared to some neighboring communities in the Chicago area.
  • Market Trends: Like many suburban areas, Northlake's real estate market can experience fluctuations based on broader economic conditions and local factors. It is essential for potential buyers and sellers to stay updated on market trends, including changes in property values and inventory levels.
  • Neighborhoods: Northlake comprises various neighborhoods, each with its unique characteristics. Prospective buyers should explore different neighborhoods to find the one that suits their preferences in terms of proximity to amenities, schools, parks, and other factors.
  • Real Estate Agents: When navigating the Northlake real estate market, it can be helpful to work with local real estate agents who are knowledgeable about the area. These professionals can provide valuable insights, assist with property searches, and offer guidance throughout the buying or selling process.
  • Community Development: Keep an eye on local community development projects and initiatives, as they can impact property values and the overall appeal of the city. These projects may include infrastructure improvements, new businesses, and recreational facilities.
  • Market Conditions: Market conditions can change over time, and it's essential to be aware of factors such as interest rates, housing inventory, and demand. Consulting with a real estate expert can help individuals make informed decisions in response to market conditions.

Surrounding Cities:

Melrose Park, Illinois:
Location: Melrose Park is situated to the southeast of Northlake.
Population: Melrose Park is a suburban community with a diverse population.
Real Estate: Melrose Park has a range of housing options, including single-family homes, multi-family units, and some commercial properties.


Stone Park, Illinois:
Location: Stone Park is located to the east of Northlake.
Population: Stone Park is a smaller community compared to Northlake.
Real Estate: Stone Park primarily consists of residential properties, including single-family homes and some apartments.


Franklin Park, Illinois:
Location: Franklin Park is situated to the northeast of Northlake.
Population: Franklin Park is a larger suburb with a diverse population.
Real Estate: Franklin Park offers a variety of housing options, including single-family homes, apartments, and townhouses.


Elmwood Park, Illinois:
Location: Elmwood Park is located to the northeast of Northlake.
Population: Elmwood Park is known for its tree-lined streets and community atmosphere.
Real Estate: Elmwood Park has a mix of housing options, including single-family homes, condominiums, and multi-family buildings.


Bensenville, Illinois:Location: Bensenville is situated to the north of Northlake.
Population: Bensenville is a diverse suburb with various amenities.
Real Estate: Bensenville offers a range of housing options, including single-family homes, apartments, and townhomes.

In conclusion, Northlake, Illinois, is a charming city known for its friendly residents and unique attributes. With its diverse housing options and relative affordability, the Northlake real estate market presents opportunities for both residents and potential buyers. To navigate this market successfully, staying informed about market trends, neighborhood characteristics, and surrounding cities like Melrose Park, Stone Park, Franklin Park, Elmwood Park, and Bensenville can be invaluable. Whether you're a current resident or considering a move to Northlake, this city has much to offer in terms of community, amenities, and real estate opportunities.