Used 2023 Jeep Grand Cherokee for Sale near Chicago, IL
317 results
CarGurus Analysis:
2023 Jeep Grand Cherokee
With 313 currently listed for sale near Chicago, IL and an average price of $32,498.00, 93.3% of 2023 Jeep Grand Cherokees for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2023 Jeep Grand Cherokee 5 / 5 stars.
100.0% of 2023 Grand Cherokee models on CarGurus are accident free.
CarGurus Analysis: 2023 Jeep Grand Cherokee
Summary
With 313 currently listed for sale near Chicago, IL and an average price of $32,498.00, 93.3% of 2023 Jeep Grand Cherokees for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2023 Jeep Grand Cherokee 5 / 5 stars.
100.0% of 2023 Grand Cherokee models on CarGurus are accident free.
Why it stands out
The 2023 Jeep Grand Cherokee continues to build on its legendary reputation as one of the foremost names in the SUV segment. Known for its exceptional off-road capability and luxurious features, the Grand Cherokee delivers a versatile driving experience. Owners can enjoy modern technology coupled with rugged reliability, making it ideal for both adventurous outings and daily commutes. With a 100% accident-free rate among listings, buyers can feel confident in the vehicle's condition. The recent redesign introduced a powerful engine lineup—including a robust V6—and luxurious trims, catering to a wide range of consumers. Jeep's commitment to blending performance with comfort ensures that buyers of the Grand Cherokee are investing in a high-quality SUV that is both functional and sophisticated.
Other model years to consider
- Average price: $28,324.00
- Good/great deal percentage: 88.8%
- User rating: 4.86 / 5
- Total listings: 304
- Average price: $34,271.00
- Good/great deal percentage: 90.3%
- User rating: 5 / 5
- Total listings: 299
- Average price: $12,160.00
- Good/great deal percentage: 20.9%
- User rating: 4.69 / 5
- Total listings: 320
This analysis is based on CarGurus' proprietary market data from May 19, 2026, CarGurus experts' opinions, and generative AI.
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5.0 Overall rating
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Anonymous
Reviewed a 2023 Jeep Grand Cherokee on Sep 10, 2022
I have a Laredo that comes with a lot of safety features. The inside is beautiful. The cloth seats are so comfortable. I think it’s a great car for the price range.
Veronica J
Reviewed a 2023 Jeep Grand Cherokee on Apr 4, 2024
Beautiful interior and rides like a dream the instrument panel takes a little time to get used to but overall I’m impressed with the overall design and quality of the Altitude
Veronica J
Reviewed a 2023 Jeep Altitude 4WD on Apr 10, 2024
Excellent value smooth handling rides like it’s on a cloud no cabin noise easy handling fully loaded the black on black makes it look classy and sleek. Really good on gas too
2023 Jeep Grand Cherokee Trims
| Trim type | MSRP |
|---|---|
| Altitude RWD | $44,640 |
| Summit 4WD | $64,460 |
| Limited RWD | $48,230 |
| Overland 4WD | $60,195 |
| Laredo 4WD | $41,535 |
| Altitude X 4WD | $46,640 |
| Altitude 4WD | $46,640 |
| Limited 4WD | $50,230 |
2023 Jeep Grand Cherokee Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2023 Jeep Grand Cherokee prices has changed over time.
See more price trends2023 Jeep Grand Cherokee Pricing Analysis: Chicago, IL Market Report
Pricing by Nearby Locations
Market Area: Chicago, IL
Key Insights
- Premium Pricing in Aurora: With an average price of $32,579, Aurora, IL ranks as the highest priced city, likely reflecting a mix of affluent demographics and higher demand.
- Lowest Prices in Lafayette: Lafayette, IN, offers the most competitive pricing at $32,633, indicating a potential for greater inventory turnover.
- Stable Pricing Across Markets: Cities with higher inventory levels, such as South Bend (725 listings) and Rockford (699 listings), demonstrate more competitive pricing structures, enhancing buyer options.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Aurora, IL | 306 | $32,579 |
| Palatine, IL | 311 | $32,311 |
| Rockford, IL | 699 | $31,650 |
| Kenosha, WI | 233 | $31,855 |
| South Bend, IN | 725 | $31,489 |
| Milwaukee, WI | 686 | $31,582 |
| Janesville, WI | 705 | $31,384 |
| Holland, MI | 693 | $31,012 |
| Kalamazoo, MI | 711 | $31,040 |
| Lafayette, IN | 723 | $32,633 |
Pricing by Trim Packages
Key Insights
- Limited 4WD is Most Abundant: The Limited 4WD trim leads the inventory with 335 listings, indicating its popularity and market preference for luxury features in the Grand Cherokee lineup.
- Price Variance Across Trims: The Summit 4WD trim commands the highest MSRP at $64,460, reflecting premium features and positioning it as a luxury offering.
- Diverse Offerings for Consumers: The spread between base models like Laredo 4WD ($41,535 MSRP) and higher-end trims like Overland 4WD ($60,195 MSRP) provides a range of choices for varying budgets.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| Limited 4WD | 335 | $50,230 | 4X4 | 3.6L 293 hp V6 |
| Altitude 4WD | 293 | $46,640 | 4X4 | 3.6L 293 hp V6 |
| Laredo 4WD | 234 | $41,535 | 4X4 | 3.6L 293 hp V6 |
| Overland 4WD | 236 | $60,195 | 4X4 | 3.6L 293 hp V6 |
| Summit 4WD | 134 | $64,460 | 4X4 | 3.6L 293 hp V6 |
| Altitude X 4WD | 102 | $46,640 | 4X4 | 3.6L 293 hp V6 |
| Limited RWD | 41 | $48,230 | 4X2 | 3.6L 293 hp V6 |
| Laredo X 4WD | 59 | $42,285 | 4X4 | 3.6L 293 hp V6 |
Pricing Analysis by Model Year
Key Insights
- Strong Demand for Newer Models: The 2026 model year shows a current average price of $48,401, which is around 24.4% above the original MSRP, indicating a high initial demand.
- Gradual Depreciation Trend: Older models like the 2014 Jeep Grand Cherokee, priced at $11,607, illustrate the expected depreciation curve, having fallen significantly from their original MSRP.
- Best Value in Recent Years: The 2024 model shows a current average price of $34,366, reflecting a modest depreciation of -6.7%, making it an appealing option for value-conscious buyers.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2026 Jeep Grand Cherokee | $38,920 | $48,401 | +24.4% |
| 2025 Jeep Grand Cherokee | $37,095 | $38,775 | +4.5% |
| 2024 Jeep Grand Cherokee | $36,495 | $34,366 | -6.7% |
| 2022 Jeep Grand Cherokee | $36,980 | $28,334 | -23.4% |
| 2021 Jeep Grand Cherokee | $35,460 | $26,035 | -26.6% |
| 2020 Jeep Grand Cherokee | $32,150 | $22,471 | -30.0% |
| 2019 Jeep Grand Cherokee | $31,945 | $19,302 | -39.8% |
| 2018 Jeep Grand Cherokee | $30,895 | $19,854 | -35.8% |
| 2017 Jeep Grand Cherokee | $30,395 | $15,447 | -49.1% |
| 2016 Jeep Grand Cherokee | $29,995 | $12,959 | -56.7% |
| 2015 Jeep Grand Cherokee | $29,995 | $12,594 | -58.1% |
| 2014 Jeep Grand Cherokee | $29,495 | $11,607 | -60.7% |
These recommendations are based on CarGurus' proprietary market data from May 21, 2026, CarGurus experts' opinions, and generative AI.
