Summary of Homes For Sale By Owner in IL
There are 293 for sale by owner (FSBO) homes in IL. The most popular counties in IL with the most for sale by owner (FSBO) homes are Cook County with an average list price of $586,882 ($273/sq ft), Dupage County with an average list price of $471,408 ($209/sq ft), and Lake County with an average list price of $449,050 ($204/sq ft). Cities in IL with most for sale by owner (FSBO) homes are Chicago with an average list price of $618,119 ($326/sq ft), La Grange with an average list price of $873,067 ($250/sq ft), and Yorkville with an average list price of $406,617 ($148/sq ft).
The MLS or mostly known as Multiple Listing Service is a local database of available properties for sale by agents, but not homes for sale by owner. It’s a portal only accessible by licensed real estate brokers and agents who can list your property, search for user’s data, or find home buyers. A Flat Fee MLS, on the other hand, is a real estate service that can market your for sale by owner (FSBO) home in Illinois for an “Entry Only” service with a pre-set price to list your property on the MLS. When you sell your house as a For Sale By Owner (FSBO), a Flat Fee MLS in Illinois is a perfect option that will save you at least half the traditional full commission. Instead of the 5 to 6% agent commission, you only need to pay a discounted price to list your home or choose a Flat Fee package that offers other real estate services. Once you opt for a flat fee, you can list your property on the local MLS and get distributed to Realtor.com, Zillow, Trulia, Redfin, and other real estate portals.