From January to March, 7 homes sold in Grant Park for a median price of $215,000. That's 63.4 percent higher than median home sale prices for the first quarter of 2017.
In the first quarter, there were no foreclosures in Grant Park.
Median property tax for homeowners in Grant Park was $4,115.71 in 2016 according to tax data from that year. That means homeowners pay 3.9 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.
Grant Park real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
3
$152,100
-
2010
6
$148,200
-2.6%
2011
6
$156,276
5.4%
2012
3
$120,990
-22.6%
2013
7
$140,400
16%
2014
8
$102,237
-27.2%
2015
5
$51,073
-50%
2016
11
$106,050
107.6%
2017
5
$131,580
24.1%
2018
7
$215,000
63.4%
Median property tax
Median sale price
Effective property tax rate
2009
$3,507.58
$152,100
2.3%
2010
$4,168.77
$148,200
2.8%
2011
$4,422.85
$156,276
2.8%
2012
$4,074.02
$120,990
3.4%
2013
$4,388.12
$140,400
3.1%
2014
$3,380.52
$102,237
3.3%
2015
$3,958.31
$51,073
7.8%
2016
$4,115.70
$106,050
3.9%
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