KCM Desk

KCM Desk

The KCM Desk is the research and editorial operation behind Keep Chicagoland Moving, a publication of TAK Marketing, LLC. It's a desk, not a person: coverage is produced through intensive Chicago-focused research across public data, agency documents, and local reporting, then reviewed and edited before it publishes. How we work, in detail: keepchicagolandmoving.com/methodology/
  • Joined: June 2, 2023
  • Articles: 275

Irving Park, by the Numbers: 264 Former Two-to-Six-Flats Now Classed as Houses, the Sixth-Most in Chicago, and the Median House Up 49 Percent to $670,900

Brick bungalows and two-flats with front lawns on a level, tree-lined street

Of the 324 two-to-six-flat parcels that left the class in Irving Park, on Chicago’s Northwest Side, since 2006, 264 are now classed as single-family houses, the sixth-most of any Chicago community area, after North Center, Lake View, West Town, Lincoln Park and Logan Square. The tax rolls counted 3,342 two-to-six-flats there in 2006 and 3,172 in 2026, and 154 other parcels joined the class. The median house sold for $670,900 in 2025, up 49 percent from $450,000 in 2019.

Hyde Park, by the Numbers: The Median House Rose 17 Percent Since 2019, the Second-Smallest Rise in Chicago, Yet Gained $99,000, Against $90,000 for the Citywide Median

Greystone and brick rowhouses with bay windows under tall shade trees on a level street

The median house in Hyde Park, on Chicago’s South Side, sold for $699,000 in 2025, up 17 percent from $600,000 in 2019, the second-smallest rise among the 70 community areas with enough house sales to compare, after the Near West Side. Citywide the median house rose 39 percent. Condominiums are most of what sells here: 214 of the 263 home sales in 2025, at a median of $230,000.

Rogers Park, by the Numbers: New-Construction Permits Fell From 25 to 7, the Second-Steepest Drop Among Chicago Areas With 20 or More, and the Median Condominium Rose 46 Percent to $226,000

Brick courtyard apartment buildings and three-flats on a level, tree-lined street

Rogers Park, at the northeast corner of Chicago, recorded seven new-construction permits in 2024–25, down from 25 in 2018–19, a 72 percent drop, the second-steepest of the 42 areas with at least 20 permits in the earlier period, after O’Hare. Condominiums are most of what sells: 357 of the 442 home sales in 2025. Their median price was $226,000, up 46 percent from $155,000 in 2019, the eighth-largest rise among the 37 areas with enough condominium sales to compare.

Chicago’s Condo Deconversion Pattern: 69 Buildings Bought in Bulk Since 2018 Left the Tax Rolls as Condominiums, the Nearest Parcels Now Classed as Apartment Buildings or Two-to-Six-Flats

Mid-century high-rise residential towers along a tree-lined lakefront drive on Chicago's North Side

Sixty-nine Chicago condominium buildings bought in bulk since 2018 have left the tax rolls as condominiums, the nearest parcels now classed as apartment buildings or two-to-six-flats; 46 were bought in 2018 through 2020. Chicago requires 85 percent of unit owners to approve such a sale.

Uptown, by the Numbers: The Median Two-to-Six-Flat Nearly Doubled to $1.23 Million, and Company Buyers Fell From 15.5 to 6.6 Percent, the Fourth-Largest Drop in Chicago

Brick two-flats and three-flats with enclosed front porches on a level, tree-lined street

The median two-to-six-flat in Uptown, on Chicago’s Far North Side, sold for $1,230,000 in 2025, 1.91 times the $645,500 of 2019. That is the 14th-largest rise of the 46 areas with enough sales to compare, and the one market signal of the five in our analysis that is active here. Companies bought 6.6 percent of all homes sold in 2024–25, down from 15.5 percent in 2018–19, the fourth-largest drop in the city.

Edgewater, by the Numbers: Company Buyers Fell From 20.4 to 8.4 Percent of Home Sales, the Third-Largest Drop in Chicago, and the Median Condominium Rose to $235,000

Brick courtyard buildings on a level, tree-lined street with a high-rise condominium tower beyond

Companies bought 8.4 percent of the homes sold in Edgewater, on Chicago’s Far North Side, in 2024–25, down from 20.4 percent in 2018–19, the third-largest drop of the 75 areas measured, after the Loop and the Near North Side. Condominiums were 558 of the 652 home sales in 2025, and their median price rose 25 percent from 2019, from $188,190 to $235,000.

Near North Side, by the Numbers: 1,836 Condominium Sales in 2025, the Most in Chicago, and Company Buyers Down From 21.6 to 8.6 Percent of Home Sales

Brick and limestone rowhouses on a level street with condominium towers rising behind them

More condominiums sold on the Near North Side in 2025 than in any other Chicago community area, 1,836 of the 1,926 home sales there, at a median price of $375,000, up 25 percent from 2019. Companies bought 8.6 percent of the homes sold in 2024–25, down from 21.6 percent in 2018–19, the second-largest drop of the 75 areas measured, after the Loop.

West Town, by the Numbers: 1,108 Fewer Two-to-Six-Flats Than in 2006, the Largest Drop in Chicago, 530 Now Classed as Condominiums, and New-Construction Permits Down From 285 to 152

Brick two-flats and three-flats on a level street with a brick corner building and its awning

West Town lost more two-to-six-flats than any other Chicago community area over twenty years: the tax rolls counted 6,524 in 2006 and 5,416 in 2026, 1,108 fewer. Of the 1,347 that left the class, 647 are now classed as single-family houses and 530 as condominiums, the most of any area, while 239 other parcels joined it, the second-most after Humboldt Park. New-construction permits fell from 285 in 2018–19 to 152 in 2024–25.

Lake View, by the Numbers: 1,030 Fewer Two-to-Six-Flats Than in 2006, 683 Now Classed as Houses and 289 as Condominiums, and the Second-Most Condominium Sales in Chicago

Brick two-flats and three-flats with bay windows on a level street, elevated train tracks beyond

Lake View’s tax rolls counted 3,877 two-to-six-flats in 2006 and 2,847 in 2026, 1,030 fewer, the second-largest drop of any Chicago community area after West Town. Of the 1,113 that left the class, 683 are now classed as single-family houses and 289 as condominiums, while 83 other parcels joined it. The median house sold for $1,575,000 in 2025, the third-highest in the city, and 1,262 condominiums sold, the most of any area but the Near North Side.

Moving HereLiving HereCity in MotionNeighborhoods & Suburbs
About · Editorial Policy · Our Data & Methods · Privacy · Terms · Contact
© 2026 Keep Chicagoland Moving · A TAK Marketing, LLC publication · Part of the fabulous Omnishun information systems