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Michael Realty and Associates

Real Estate Brokerage · Chicago, Illinois

Photo: Chicago River ferry b by File:Chicago River ferry.jpg: John Picken derivative work: Georgfotoart, CC BY 2.0 via Wikimedia Commons

Real Estate Brokerage in Chicago

About Michael Realty and Associates

Michael Realty and Associates is a real estate firm listed in Chicago, Illinois. According to its own description, the firm has been serving the real estate needs of communities on the North and Northwest Side of Chicago since June 1988.

When you contact Michael Realty and Associates, ask which agent would handle your purchase or sale and which North and Northwest Side neighborhoods that agent knows well.

What the data says about Chicago

High rent-to-price ratio

Typical rent of $2,342 a month equals a gross yield of about 8.4% on the typical $334,030 home, against roughly $1,900 a month in principal and interest (10% down, 6.5%).

Many listings nearby

52 other listed real estate professionals work within 25 miles of Chicago, 20 of them in Chicago itself. The map and the list further down sort them by distance.

Location

Chicago, Illinois

Local time

9:27 PMChicago · Central Time · Tuesday, October 13

No published office hours. If this is your listing, you can send your hours.

Home values in Chicago

Typical home$334K
1-year+5.2%
5-year+12.4%
Typical rent$2,342
$210K$257K$303K$350KAug 2016 · $238,381Feb 2017 · $245,693Aug 2017 · $248,649Feb 2018 · $257,679Aug 2018 · $261,506Feb 2019 · $263,041Aug 2019 · $263,249Feb 2020 · $267,504Aug 2020 · $269,128Feb 2021 · $286,066Aug 2021 · $297,234Feb 2022 · $301,066Aug 2022 · $307,040Feb 2023 · $297,062Aug 2023 · $303,267Feb 2024 · $307,095Aug 2024 · $313,502Feb 2025 · $316,802Aug 2025 · $317,535Feb 2026 · $324,708Aug 2026 · $334,030Aug 2016Aug 2021Aug 2026

The typical home in Chicago was valued at about $334,030 in August 2026, according to the Zillow Home Value Index. Over twelve months the typical value rose 5.2%, against a 5.3% rise for Illinois as a whole. Zoom out to five years and values are +12.4%. Chicago sits 12% above the Illinois typical value of $297,573. Typical asking rent is about $2,342 a month (+5.8% in a year).

Monthly payment calculator

Starts from the typical Chicago home value. Change any field.

Principal & interest—
Total monthly—
Loan amount—
Income for 28% rule—

Estimate only. Taxes and insurance start at an assumed 1.5% of the price per year; enter real figures for a specific home. PMI and HOA dues are not included.

Source: Zillow Home Value Index and Observed Rent Index, August 2026. More on the Chicago market

Profile details

NameMichael Realty and Associates
Profile typeReal Estate Brokerage
Primary marketChicago, Illinois
CountyCook County
Social media followers6
License regulatorIllinois Department of Financial and Professional Regulation
Time zoneCentral Time
Last reviewedOctober 13, 2026

Communities around Chicago

CommunityDistanceTypical home1 yearListed
Oak Park, IL7.3 mi$486,880+10.7%1
Berwyn, IL7.4 mi$321,149+6.2%2
La Grange, IL12 mi$673,589+12.2%1
Evanston, IL13 mi$493,385+8.5%1
Skokie, IL13 mi$433,130+7.7%1
Elmhurst, IL15 mi$642,280+8.4%1
Willowbrook, IL16 mi$324,928+3.4%—
Glenview, IL17 mi$697,923+10.4%1

Questions about Michael Realty and Associates

Where is Michael Realty and Associates located?
Michael Realty and Associates is listed in Chicago, Illinois (Cook County).
Which nearby communities have listed professionals?
Berwyn (7.4 mi, 2 listings), La Grange (12 mi, 1 listing), Evanston (13 mi, 1 listing), and Skokie (13 mi, 1 listing).
What does a typical home cost in Chicago?
About $334,030 in August 2026 (Zillow Home Value Index), +5.2% versus a year earlier; typical rent is $2,342 a month.

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