Find Condos for Sale with Burr Ridge Expert, Jeff Salhani!
The Burr Ridge housing market remains moderately competitive. Last month, the median home sale price reached $995K, reflecting a 33.6% increase year-over-year. Additionally, the median price per square foot rose to $349, marking a 61.6% surge compared to last year.
Median Sale Price
Median Sale Price per Sq. Ft.
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Burr Ridge offers a rare balance between peaceful suburban living and easy access to city amenities, making it an ideal location for condo buyers. Unlike the hustle and congestion of downtown Chicago or other densely populated areas, Burr Ridge provides a quiet, upscale residential environment while still being conveniently located near major highways like I-55 and I-294. This allows for a quick commute to downtown Chicago in under 30 minutes, giving residents the best of both worlds—tranquil, green surroundings without sacrificing proximity to a major metropolitan hub.
Unlike other suburbs that may feel isolated, Burr Ridge features a well-developed commercial district, including Burr Ridge Village Center, where residents enjoy boutique shopping, fine dining, and everyday conveniences just minutes from home.
Condos in Burr Ridge tend to offer more space, upscale designs, and premium amenities compared to urban high-rise counterparts. Many condominium developments in the area feature modern interiors, open floor plans, and resort-style amenities, such as fitness centers, concierge services, secure parking, and private balconies with scenic views.
Additionally, the real estate market in Burr Ridge provides better value per square foot than properties in downtown Chicago or other luxury markets across the country. Buyers who are looking for a refined, low-maintenance lifestyle with high-end finishes and community amenities will find Burr Ridge condos to be a perfect alternative to the pricier options in the city or more congested suburbs.
Burr Ridge is known for its affluent community, strong property values, and limited condo inventory, making it a strategic investment opportunity. Unlike some markets where condo developments are oversaturated, Burr Ridge maintains a more exclusive selection of high-end condos, helping to preserve property values and maintain demand.
The area's reputation for luxury homes and a high standard of living makes it attractive to professionals, retirees, and downsizers who want a premium residence without the upkeep of a single-family home. Given the area’s steady appreciation and desirability, a condo in Burr Ridge can serve as both a long-term home and a solid investment for resale value or rental income in the future.
Buying a condo is a significant investment, and choosing the right one in Burr Ridge requires careful consideration. Whether you’re looking for a low-maintenance lifestyle, luxury amenities, or a great long-term investment, we’re here to help. Contact us today to get personalized insights on the best condos available or schedule a private showing to explore your options firsthand!
While Burr Ridge as a whole offers a peaceful and upscale setting, the specific location of the condo within the area can impact its convenience and future value. Some developments are situated near Burr Ridge Village Center, providing easy access to restaurants, boutique shopping, and entertainment, while others offer a more secluded, residential feel. Additionally, consider proximity to major highways like I-55 and I-294, which can make commuting to Chicago or nearby suburbs much easier. If you’re looking for a condo with walkability and lifestyle perks, being closer to the Village Center may be ideal, whereas if you prefer privacy and scenic views, a condo in a quieter area might suit you better.
Condo ownership in Burr Ridge comes with homeowners association (HOA) fees, which can vary significantly based on the building’s amenities and services. While some fees may seem high, they often cover valuable perks such as exterior maintenance, landscaping, security, parking, fitness centers, and common area upkeep. It’s important to ask:
A well-managed HOA ensures that the property retains its value and that maintenance is handled efficiently, giving you peace of mind as an owner.
Buying a condo isn’t just about the present—it’s about future value as well. Burr Ridge is known for strong property values and limited condo inventory, making it an attractive place for long-term investment. However, not all condos appreciate at the same rate.
If you’re buying as both a residence and an investment, choosing a condo in a well-managed and sought-after development can offer great returns when it’s time to sell.
One of the biggest advantages of condo living is access to luxury amenities that you might not have in a single-family home. However, not all condo buildings in Burr Ridge offer the same level of convenience. Consider what’s important to you:
Choosing a condo with well-maintained and high-end amenities can enhance your lifestyle and add long-term value to your investment.
The layout and size of your condo will impact your comfort and future resale value. Unlike large metropolitan areas where condos tend to be compact, Burr Ridge condos often offer spacious floor plans, making them great for both professionals and downsizers.
If you’re planning to live in the condo long-term, make sure it’s a space that can adapt to your needs, whether that means a home office, guest room, or personal retreat.
The real estate market in Burr Ridge is unique, with a mix of high-end condos and luxury single-family homes. Understanding the current market trends and financing options is crucial before making an offer.
If you’re serious about buying, it’s best to get pre-approved for a mortgage so you can act quickly when you find the right condo.
Don't miss out on the opportunity to find the perfect property! Contact Jeff Salhani today for all your real estate needs. Whether you have questions or are ready to take the next step in buying a home, Jeff is here to guide you every step of the way. Reach out now and start your journey to home ownership in the beautiful Burr Ridge area!
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Jeff will do his best to have your selling or buying experience as fun and stress-free as possible. He is very flexible and very easy to work with. After all, your needs come first!