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Chicago's North Shore Insider Guide & Video Directory         
Saturday May 17, 2008
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Skokie Condos for Sale

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May 17, 2008 - There are 343 Condominiums and townhomes listed for sale on the MLS in Skokie. Aside from Evanston, Skokie has the largest inventory of condos and townhomes available for purchase. Prices range from $129,000 for a one bedroom/ one bath unit in a 50-year-old building to more than $1.5 million for a new unit in the Optima Old Orchard Woods development.

Pricing per square foot for re-sale condos listed for sale averages between $125 - $304, with the bulk of the inventory hovering in the low $200s, making it a very affordable real estate market, especially in comparison to Chicago real estate. In regard to listing price, the bulk of the inventory is in the low $100,000s to mid-$300,000s, with new construction making up the bulk of the higher-end of the price range. Skokie is extremely convenient to both downtown Chicago and Evanston.

Resale Condos:

There are 263 condominiums and townhomes on the market. This is one of the larger markets for North Shore Chicago Condos. Prices range from the low $100,000s for moderately-sized older units to the mid-$400,000s for newer construction or luxury upgrades. Here’s a sample:

New Condominiums:

Skokie offers 46 new properties, ranging in price from $274,900 to more than $1 million. Pricing per square foot for new construction is in the mid $300s. Here's a sample:

Pre-Construction Developments:

Currently, Skokie has several developments under construction, with units available for quick delivery:

Optima Old Orchard Woods: Located directly off I-94 and conveniently located to Westfield Old Orchard Shopping, downtown Skokie and nearby Glenview, this towering development offers spectacular views and spacious living, with all the amenities. Sleek and modern, it's designed by award-winning architect David Hovey.

Madison Place: Norwood Builders has three 2-bedroom floor plans available to buyers at Madison Place, located conveniently between I-94 and Skokie Blvd, in the heart of the community. Private roof decks offer spectacular views! Pricing starts in the low $300,000s.

The Townhomes At 8200 Skokie: Also under the development of Norwood Builders, this block of five townhomes offer buyers 2+bedrooms, more then 1,800 square feet and maintenance-free living in an urban environment.