The MLS-listed rental inventory of homes and condos ticked up slightly over the past week, from a 13-month low of 230 last week to 236 this week.
Kenilworth, which had only 3 homes available last week now has 8. Wilmette availabilities increased from 14 to 19.
We haven’t seen any truly outstanding deals over the past several weeks, but there have been some solid ones. Our pick this week is a 4-bedroom, 2-bath, 3-car garage home in East Wilmette renting for $2,200 a month. It isn’t often that you’ll find a 4-bedroom in East Wilmette in that price range.
The 1870s-vintage home, at 1064 Linden Ave, is a 5-minute walk from the Metra station in downtown Wilmette, a leisurely 15-minute walk from the CTA Purple Line, and a few blocks from Central Elementary School.
The picture above, which illustrates the home’s proximity to the Metra tracks, is a frame captured from our extensive library of North Shore drive-around video.
Of the new listings that came on the market during the past 7 days, 52 are still on the market. The 52 new listings resulted in only a modest increase in inventory, an indication that rentals are not lingering on the market for very long.