Edison Park is named after famed inventor, Thomas Edison. Known as the "Electric" Suburb for being the first Chicago neighborhood to have operational electric streetlights in place, Edison Park has always been a popular community to call home. The Edison Park neighborhood has many distinct areas with the most notable being its restaurants row which draws in visitors from neighboring cities and villages daily. City streets are lined with everything from local eateries and coffeehouses to bars, nightclubs, condominium units and apartment buildings and retail stores. The residential sections of this neighborhood, which is located less than five miles from O'Hare International Airport, feature real estate options consisting of attractive and affordably priced homes on quiet city blocks.
Three public elementary schools serve this Midwest community while a fourth, the Edison Regional Gifted Center, is a private school that is considered one of the top scoring schools in the state. The CTA Blue Line runs through Edison Park and the Metra has a train station in the neighborhood. Commutes into Downtown Chicago are about an hour while a ride on the train to the Michigan Avenue stop takes less than 40 minutes.
Edison Park is a family-friendly community that has nearly 11,500 residents. From clean and safe parks and fine schools to well lit residential streets and direct access to Metro Chicago's vast transportation network, Edison Park makes for a great place to live, work and play.
Edison Park features a vast array of housing styles to suit the needs and fit the tastes of even the most demanding homeowner. From cozy bungalows, restored historic homes and traditional layouts to luxury condominiums, two and three level flats and large Colonials, the neighborhood has the property you want at a price you can afford.
Condominiums and townhouses in Edison Park range from the mid-$100,000s to $400,000 and more depending on location, size and structure. Three and four-bedroom homes in Edison Park range in price from $300,000 to $600,000 and up and are typically located near schools and regional shopping centers. Larger homes and gated properties with expansive backyards and city views range in price from $600,000 to $3 million and higher depending on location and amenities. Historic properties are also available in Edison Park as are plots of land for custom development.
Average Prices of 3 Bed Homes
-- Sep 3rd, 2010 --
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2 Years Ago
$420,000
1 Year Ago
$353,000
6 Months Ago
$347,000
1 Month Ago
$380,000
Today
$364,000
"Craig Fallico Your Real Estate Expert Specializing in Chicago Edison Park"
If you are ready to purchase a new home and want a private consultation, or are interested in selling your home, please call Craig today at 847-226-0834 or email cfallico@maine207.org.
Craig Fallico: Serving the community of Edison Park in Northwest Chicago, Craig wouldn't choose any place else to work and promote family living. "The community is educated, friendly and concerned about schools, parks and opportunities for all to live healthily and happily," he says. "It is within the city, so one can enjoy Chicago's rich culture and activities. It also offers superbly convenient transportation to and from downtown (the 'L' Metra train, CTA bus service and two expressways) and to and from O'Hare International Airport."
Having worked in the real estate industry for over 28 years, Craig is extremely experienced. He also has a very strong work ethic and is therefore dedicated to the satisfaction of his clients. Due to his integrity, enthusiasm and positive attitude, Craig has developed a loyal following of customers who wouldn't consider using anyone else to serve their real estate needs. Craig focuses primarily on residential real estate to include small income properties, as well as single-family rental properties.
As a real estate professional, volunteer teacher and coach, Craig is actively involved in his community and has been praised through numerous awards and accomplishments over the years. As a long-time resident of the area, Craig has a significant advantage, which he is able to use to help his clients buy and sell under the best possible conditions. Experience and acumen are two of the keys to Craig's success. He ends most correspondence with "Count on me!"
Count on Craig Fallico for the best real estate service.
Chicago Edison Park IL Real Estate for the week of August 30th, 2010: homes priced around $364,420 compared to $364,569 the previous week, for a slight decrease of less than -1%. As of August 30th, 2010, the current number of listings in Chicago Edison Park IL are 298 listings. For Thursday, September 2nd, the current national mortgage rate for a 30 year fixed mortgage is 4.33%; the 15 year fixed rate is at 3.85%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 5.48%, while the 15 year jumbo rate currently is at 5.02%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Chicago Edison Park IL. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures in Chicago Edison Park, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes in Chicago Edison Park, Chicago Edison Park neighborhood information, crime stats, home values, and schools in Chicago Edison Park to help you find the best home!