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Lathrop Real Estate and Neighborhood Information

Get to know Lathrop

This small nook near Lincoln Park, flanked by DePaul to the east and the Chicago River to the west, has both young collegiate charm and a family-friendly feel. Lathrop was first put on the map as a warehouse district that later developed into a lovely, tree-lined neighborhood with residential blocks, two popular shopping centers, and a smattering of coffee shops and eateries. Despite its petite acreage, Lathrop managed to squeeze in a couple schools and a Costco, which is always a handy store to have nearby. Due to its close proximity to Lincoln Park neighborhood, Lathrop property values are also up market. Homebuyers will find plenty of million-dollar, three-story townhomes for sale, but there is also a good selection of refurbished condos and loft spaces in the vicinity that are a bit more affordable.

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Lathrop Real Estate

Lathrop neighborhood is a mix of multi-unit buildings and single-family detached homes. The residential areas exist along the eastern edge of the neighborhood, sticking to fairly traditional Chicago neighborhood blocks with shaded, sidewalk-lined streets and back alleys to access garages. A combination of new development and rehabilitated living spaces characterize the real estate market in this desirable near north side neighborhood. And a chunk of land is still designated to the Lathrop Homes public housing, adding to the diversity of Lathrop’s residential properties.

Detached two- and three-story homes with private roof top decks and garden patios are fairly common in Lathrop neighborhood. These homes usually feature fashionable open floorplans and modern amenities with prices ranging from the mid $600,000s to $1.8 million. There’s also a stretch of posh townhouses along Paulina Avenue where homebuyers will find some of the priciest single-family residences in the neighborhood boasting price tags close to $2 million.

The region houses a lot of refurbished condo and loft spaces that provide residents with wide open layouts and contemporary designs. There are many trendy new buildings with very modern 'looks'—sort of urban industry meets luxury living. Folks interested in buying property in Lathrop will find prices for one-bedroom condos in Lathrop start in the low to mid $200,000s (which can include a street parking spot). Two-bedroom units go for prices in the low to mid $300,000s, although you can easily pay $500,000 for a two-bedroom around here. A three-bedroom condo or loft in Lathrop neighborhood will cost between $450,000 and $670,000, and there are some very nice attached townhomes with four bedrooms and two-car garages that will cost somewhere in the $800,000s.

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