North Shore rental inventory remains tight

At this time last year there were 304 MLS-listed homes and condos for rent in Chicago’s North Shore communities. As of this morning that number is 234, barely above the low since we began tracking more than a year ago. Thirty-six new listings came to market within the last 7 days and remain available.

Our spotlight rental this week is at 319 Richmond Rd in Kenilworth, a 5-bedroom, 3 ½ bath home on a 75 x 175 lot half a block from the Kenilworth Metra station. The home has just been offered for rent at $4,800 a month. It’s been on the market for sale for over 4 months and is currently listed at $1,195,000. With a $20K property tax bill the math appears to favor renting.

The home is listed with Coldwell Banker’s Barbara Mawicke, who probably knows Kenilworth housing better than anyone in the business.

You can see the details of our weekly tracking of North Shore rentals in a Google spreadsheet.

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