07/12/2012 03:06 pm ET Updated Jul 12, 2012

Chicago Real Estate: 10 New Homes For Sale In The Nation's Best Market For Homebuyers (PHOTOS)

Chicago is a good place to be for home-hunters in search of a bargain.

A recent report by Zillow named the Chicago area as the nation's top real estate market for buyers, meaning that many properties are being sold at lower prices as they struggle to move, the Chicago Tribune reports.

There is a downside, of course, to the Windy City's top ranking for homebuyers, of course: The local housing market is struggling to recover and many homes are falling into foreclosure. The Chicago area saw a 27 percent increase in foreclosures last month compared to June 2011.

Taking the good with the bad, we've featured 10 of the hottest recently listed properties in Chicago. Given the city's recent distinction as great for homebuyers, you might just be able to snag a good deal on one of these homes -- though for most, they remain purely aspirational for the majority of us city dwellers.

All photos appear courtesy of Under each property image are some essential stats, plus a link to additional information and more photographs.



Hot Chicago Real Estate In July