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The 5 Most and Least Expensive Areas in Chicagoland

by James Bellandi

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Coldwell Banker released their 2015 Home Listing Report, which details the highest and lowest average price for four-bedroom, two-bathroom houses in markets across the United States. Illinois ranked as the 16th most expensive state on the list.

Here are the top five most and least expensive areas in Illinois, along with the average price:

Most Expensive:
1. Winnetka – $901,844

2. Oak Brook – $820,474

3. Lake Forest – $774,649

4. Hinsdale – $754,743

5 Wilmette – $682,678

Least Expensive:
1. Calumet City – $108,133

2. Cicero – $112,655

3. Waukegan – $117,868

4. Zion – $121,729

5. Danville – $124,025

The five most expensive areas overall all were in California: Newport Beach ($2,291,764), Palo Alto ($2,066,600), Saratoga ($1,979,218), Cupertino ($1,659,297) and Los Gatos ($1,569,615).

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