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Jan 9, 2024 · In 2024, constructing a new single-family home in Illinois runs an average of $132.72 per square foot, meaning a typical 2,000 square foot house will cost around $265,440 to build. However, when factoring in vital additional expenses such as the price of land, permits, utility connections, and excavation work, the total cost to build a home ...
1431 W Vanmeter St. $334,900. 4 bd2 ba2,424 sqft. 7936 S Vernon Ave. View Illinois listings. Get pre-qualified for a loan. At Zillow Home Loans, we can pre-qualify you in as little as 3 minutes with no impact on your credit score. Start Now. An equal housing lender.
The cost of building a home in Illinois ranges from $102 to $162 per square foot, with an average cost of $132 per square foot. Building a 2,000-square-foot home in Illinois typically costs between $257,500 and $405,000, with the average cost being $264,000. Completing new home construction in Illinois usually takes 9-12 months.
In September 2024, home prices in Illinois were up 6.9% compared to last year, selling for a median price of $291,600. On average, the number of homes sold was down 8.7% year over year and there were 11,037 homes sold in September this year, down 12,082 homes sold in September last year. The median days on the market was 46 days, up 3 year over ...
- Can I Build My Own House in Illinois?
- Cost Breakdown of Building A House in Illinois
- Is It Cheaper to Build Or Buy A House in Illinois?
- Frequently Asked Questions
Yes, you can build your own house in Illinois, if you have land in an area of your choice. You have to budget for the time and the cost of building your home though. You will also need permits to build your house. Permit fees depend on the home value or the construction area. Home building permit laws vary across counties in Illinois. Refer to your...
To paint a better picture, here is a house building costdistribution for a 2,500 sq. ft. house in Illinois:
It is usually cheaper to buy a home than build a new one. However, by building your own home you get a brand-new residence, customized to your needs. It costs $265,440 on average to build a home in Illinois. This figure can add up to $415,440 if you include land costs, excavations, permits, and other expenses. A new home construction can take up to...
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Dec 18, 2023 · Total Home Construction Cost Range: $132.72 – $530.88 per square foot – The cost per square foot of building a house in Illinois would take you anywhere from $132.72for Saltbox-style homes to $530.88 for high-end colonial revival homes. Saltbox Homes: $132.72 – $165.90 per square foot – Low-cost and affordable homes in Illinois are ...
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How much does real estate cost in Chicago?
The price per square foot to build a house in Illinois averages $103 to $162, which would be $257,500 to $405,000 for a 2,500 square foot house. However, the price per square foot ranges from $300 to $390 in Chicago, sending the price up to $750,000 to nearly $1 million for a similar size house.
