Is now a good time to sell my house in Irving Park?

For most Irving Park owners, the calendar that matters is their own. A sale works best when it fits your next move, your finances and the condition of the house.

If you want a market signal, compare recent sales of homes like yours in Irving Park with what is still listed. When listings sit longer and prices get cut, buyers have the upper hand.

More in How Do I Know When It’s Time to Sell My House?

Should I sell my Irving Park house as-is or fix it up first?

Fix only what will add more to the price than it costs. Sell as-is when the work would be large, slow or uncertain.

Our sample for Irving Park and Portage Park is a single home, so recent sales on your own street are the better guide to what buyers there expect.

More in Should I Sell My House As-Is or Fix It Up First?

What are the benefits of selling my Irving Park house off-market?

Discretion, no preparation and control of the calendar.

  • No public listing. No MLS listing, no listing photos and no open house.
  • The house as it stands. No repairs, no staging and no deep clean before closing.
  • Your date. Close in a few weeks or a few months, whichever suits your next move.
  • One counterpart. You deal with one buyer, not a run of showings and counteroffers.

The trade-off is exposure. A listing puts the house in front of every buyer in the market, and competition can push the price up. Should I Sell My House Off-Market? weighs both.

How fast can I sell my house in Irving Park?

Off-market, on the date you choose, whether that is a few weeks out or a few months, once the title work and the documents Illinois requires are done.

A listing adds preparation, showings and negotiation up front, then the buyer’s inspection, appraisal and loan approval, any of which can push the date or end the deal.

If you are relocating, read How Do I Sell My House Fast When I’m Moving for Work?

What does it cost to sell a house in Irving Park?

Commission first, then transfer taxes, title and closing fees, and the repairs or credits a buyer asks for after inspection. Address District charges no commission.

On federal taxes, the IRS says an owner who owned and lived in the house as a main home for two of the five years before the sale may exclude up to $250,000 of gain, or $500,000 for a married couple filing jointly.

Line by line in How Much Does It Cost to Sell a House?

How does selling my Irving Park house off-market work?

In four steps, with no listing and no showings.

  1. You tell us about the house, by the offer form or by contacting us.
  2. Someone on our team reviews the house and the neighborhood and may ask to see it.
  3. You get an offer, with no obligation to accept it.
  4. If you accept, a title company or closing attorney handles the closing on the date you choose.

You will know in writing who the buyer is before you sign anything.

How does Irving Park compare with nearby neighborhoods?

North Center and Roscoe Village, 2 miles away, counts seven older homes among the 16 we sampled. Logan Square and Bucktown, 3 miles away, shows three older homes among the three we sampled. Lincoln Square and Ravenswood, 3 miles away, has one older home among the three we sampled. Irving Park ranks tied for 883rd nationally for older homes, behind three of them.

Every neighborhood in the index has its own page, and the Illinois page lists all 32 in the state.

Do older homes in Irving Park sell for less than new construction?

In our sample, yes. The one older home in the 60641 sample sold for 25.8 percent of the average price of new construction in the same ZIP code. The Illinois median is 26.7 percent, and the index median is 23.1 percent. With one older home behind it, treat the figure as a rough guide.

The gap reflects size, lot and condition as much as age, so price an older house against recent sales of other older houses nearby, not against new construction.

Irving Park and Portage Park by the numbers

Older homes
1
of 1 home sampled, built 1980 or earlier
Share of older homes
100.0%
Illinois 65.7%. Index 49.0%.
Older vs new
25.8%
Older home price as a share of new construction
National rank
#883 (tie)
of 1,192 ZIP codes
State rank
#26
of 32 in Illinois
Minimum lot
7,750 sq ft
As recorded in the source data

The Address District sample includes one home in Irving Park and Portage Park (60641), and it was built in 1980 or earlier. That places 60641 tied for 883rd of 1,192 ZIP codes nationally for the number of older homes, and tied for 26th of 32 in Illinois.

Across the 32 Illinois ZIP codes in the index, 65.7 percent of the homes sampled were built in 1980 or earlier, against 49.0 percent across all 1,192 ZIP codes.

With one home in the sample, read these figures as a snapshot of the homes sampled rather than a measure of the whole ZIP code.

How 60641 compares

Share of older homes

Homes in the sample built in 1980 or earlier

60641 Irving Park and Portage Park100.0%
Illinois65.7%
All ZIP codes in the index49.0%

Older home prices against new construction

Average older home price as a share of new construction

60641 Irving Park and Portage Park25.8%
Illinois median26.7%
Index median23.1%

Nearby neighborhoods in the index

ZIPPlaceDistanceRankShare
60618North Center / Roscoe VillageChicago, IL2 mi12143.8%
60647Logan Square / BucktownChicago, IL3 mi378100.0%
60625Lincoln Square / RavenswoodChicago, IL3 mi70733.3%
60613Lakeview / WrigleyvilleChicago, IL5 mi43725.0%
60622Wicker Park / Ukrainian VillageChicago, IL5 mi20871.4%
60640Uptown / AndersonvilleChicago, IL5 mi32650.0%
60657LakeviewChicago, IL5 mi10880.0%
60614Lincoln ParkChicago, IL5 mi16060.0%

The top of Illinois

State rankZIPPlaceHomesOlder homesShare
160091WilmetteCook County, IL1212100.0%
260022GlencoeCook County, IL121083.3%
260126ElmhurstDuPage County, IL121083.3%
460657LakeviewChicago, IL10880.0%
560618North Center / Roscoe VillageChicago, IL16743.8%
660521HinsdaleDuPage County, IL14642.9%
760614Lincoln ParkChicago, IL10660.0%
860025GlenviewCook County, IL8562.5%
860093WinnetkaCook County, IL8562.5%
1060622Wicker Park / Ukrainian VillageChicago, IL7571.4%

All 32 Illinois ZIP codes in the index ›

About the data. Older homes are homes built in 1980 or earlier. Rank orders ZIP codes by the number of older homes in the sample, then by the number of homes. Full methodology and the complete index. Nothing on this page is legal, tax or financial advice.