Used 2023 Jeep Grand Cherokee for Sale near Chicago, IL
334 results
CarGurus Analysis:
2023 Jeep Grand Cherokee
With 312 currently listed for sale near Chicago, IL and an average price of $31,828.00, 77.2% 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 312 currently listed for sale near Chicago, IL and an average price of $31,828.00, 77.2% 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 holds a revered position in the SUV market, showcasing a perfect blend of luxury, capability, and off-road prowess. This model continues a long tradition that began in the early 1990s, effectively merging performance with a premium feel, setting it apart from the competition. The current generation offers a luxurious interior, advanced technology, and an array of powerful engine options, including a turbocharged variant. Buyers appreciate its extensive range of trims that cater to both budget-conscious consumers and those seeking upscale features. Notably, the Grand Cherokee's unmatched off-road capability further enhances its appeal, allowing adventure enthusiasts to tackle rugged terrains with confidence. With its strong user ratings, this vehicle remains a compelling option for those seeking versatility in both urban and outdoor environments.
Other model years to consider
- Average price: $28,767.00
- Good/great deal percentage: 75.4%
- User rating: 4.86 / 5
- Total listings: 297
- Average price: $34,361.00
- Good/great deal percentage: 75.4%
- User rating: 5 / 5
- Total listings: 305
- Average price: $13,008.00
- Good/great deal percentage: 19.6%
- User rating: 4.69 / 5
- Total listings: 357
This analysis is based on CarGurus' proprietary market data from June 2, 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 |
|---|---|
| Summit Reserve 4WD | $68,940 |
| Summit 4WD | $64,460 |
| Limited RWD | $48,230 |
| Overland 4WD | $60,195 |
| Altitude 4WD | $46,640 |
| Laredo 4WD | $41,535 |
| Altitude X 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
- Highest Prices in Lafayette, IN: With an average price of $32,368, Lafayette appears to have the highest pricing, likely influenced by less inventory and higher demand.
- Lowest Prices in Rockford, IL: Rockford offers the most affordable average price at $32,064, suggesting a more price-sensitive market with greater inventory turnover.
- Consistent Pricing Across Most Markets: The price differences across cities are modest, ranging only about $300 from Palatine ($32,025) to South Bend ($31,551), indicating stable demand.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Palatine, IL | 322 | $32,025 |
| Aurora, IL | 326 | $32,160 |
| Kenosha, WI | 215 | $31,698 |
| South Bend, IN | 743 | $31,551 |
| Rockford, IL | 727 | $32,064 |
| Milwaukee, WI | 683 | $32,230 |
| Janesville, WI | 720 | $32,235 |
| Holland, MI | 728 | $31,358 |
| Kalamazoo, MI | 740 | $31,066 |
| Lafayette, IN | 734 | $32,368 |
Pricing by Trim Packages
Key Insights
- Limited 4WD is the Most Common Trim: With 398 listings, the Limited 4WD trim is the leading option, likely reflecting consumer preferences for comfort and capability.
- Premium Pricing for Top Trims: The Summit 4WD trim, at an MSRP of $64,460, showcases a significant premium over base trims, indicating a tendency for buyers to opt for higher-end features.
- Competitive Pricing Across Trims: Prices range from $41,535 for the Laredo 4WD to $64,460 for the Summit 4WD, suggesting a competitive market with options for various budgets.
Trim-Level Details
| Trim | Listings | MSRP | Drivetrain | Engine |
|---|---|---|---|---|
| Limited 4WD | 398 | $50,230 | 4X4 | 3.6L 293 hp V6 |
| Altitude 4WD | 276 | $46,640 | 4X4 | 3.6L 293 hp V6 |
| Laredo 4WD | 245 | $41,535 | 4X4 | 3.6L 293 hp V6 |
| Overland 4WD | 272 | $60,195 | 4X4 | 3.6L 293 hp V6 |
| Summit 4WD | 157 | $64,460 | 4X4 | 3.6L 293 hp V6 |
| Altitude X 4WD | 104 | $46,640 | 4X4 | 3.6L 293 hp V6 |
| Limited RWD | 40 | $48,230 | 4X2 | 3.6L 293 hp V6 |
| Laredo X 4WD | 67 | $42,285 | 4X4 | 3.6L 293 hp V6 |
Pricing Analysis by Model Year
Key Insights
- Premium for New Models: The 2026 Jeep Grand Cherokee averages $46,971, representing a 20.6% premium over its original MSRP of $38,920, indicating robust demand for new vehicles.
- Depreciation Gradually Increases: Older models show greater depreciation, with the 2017 model averaging $16,541, reflecting a 45.4% drop from MSRP, suggesting that older vehicles are seeing more significant price reductions.
- Best Value in Mid-Range Models: The 2022 model presents a good value at an average price of $28,789, only 22.1% below MSRP, making it an attractive option for budget-conscious buyers.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2026 Jeep Grand Cherokee | $38,920 | $46,971 | +20.6% |
| 2025 Jeep Grand Cherokee | $37,095 | $38,722 | +4.4% |
| 2024 Jeep Grand Cherokee | $36,495 | $34,262 | -6.1% |
| 2022 Jeep Grand Cherokee | $36,980 | $28,789 | -22.1% |
| 2021 Jeep Grand Cherokee | $35,460 | $26,368 | -25.7% |
| 2020 Jeep Grand Cherokee | $32,150 | $22,723 | -29.5% |
| 2019 Jeep Grand Cherokee | $31,945 | $19,344 | -39.5% |
| 2018 Jeep Grand Cherokee | $30,895 | $32,658 | +5.7% |
| 2017 Jeep Grand Cherokee | $30,395 | $16,541 | -45.4% |
| 2016 Jeep Grand Cherokee | $29,995 | $13,287 | -55.7% |
| 2015 Jeep Grand Cherokee | $29,995 | $13,877 | -53.7% |
| 2014 Jeep Grand Cherokee | $29,495 | $11,519 | -60.9% |
These recommendations are based on CarGurus' proprietary market data from June 4, 2026, CarGurus experts' opinions, and generative AI.
