From October to December, 14 homes sold in Grant Park for a median price of $186,500. That's 19.9 percent higher than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, there were no foreclosures in Grant Park.
Median property tax for homeowners in Grant Park was $5,063.99 in 2017 according to tax data from that year. That means homeowners pay 3.3 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Grant Park real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
3
$269,134
-
2010
2
$154,470
-42.6%
2011
5
$118,085
-23.6%
2012
5
$127,530
8%
2013
5
$32,400
-74.6%
2014
13
$159,000
390.7%
2015
8
$168,010
5.7%
2016
9
$147,000
-12.5%
2017
9
$155,550
5.8%
2018
14
$186,500
19.9%
Median property tax
Median sale price
Effective property tax rate
2009
$8,495.34
$269,134
3.2%
2010
$5,778.67
$154,470
3.7%
2011
$3,584.42
$118,085
3%
2012
$4,074.02
$127,530
3.2%
2013
$3,235.16
$32,400
10%
2014
$5,048.29
$159,000
3.2%
2015
$4,364.60
$168,010
2.6%
2016
$4,509.22
$147,000
3.1%
2017
$5,063.99
$155,550
3.3%
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