Used 2023 Jeep Grand Cherokee for Sale near Chicago, IL
326 results
CarGurus Analysis:
2023 Jeep Grand Cherokee
With 314 currently listed for sale near Chicago, IL and an average price of $32,140.00, 79.3% 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 314 currently listed for sale near Chicago, IL and an average price of $32,140.00, 79.3% 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 uphold Jeep's legacy of versatile and capable SUVs. With its roots dating back to 1993, the Grand Cherokee has evolved into a refined and luxurious ride that doesn't sacrifice its off-road capabilities. The fifth generation, redesigned for 2022, features an impressive array of powertrains, including a new 2.0-liter turbocharged engine for 2026, promising better efficiency and performance. In addition to robust towing capacities and substantial ground clearance, the Grand Cherokee offers an upscale interior with advanced technology like Active Driving Assist, along with numerous trim options to suit different preferences and budgets. Owners love its off-road prowess as well as its comfort and technology, making it a well-rounded choice for both adventure enthusiasts and daily drivers.
Other model years to consider
- Average price: $28,987.00
- Good/great deal percentage: 77.2%
- User rating: 4.86 / 5
- Total listings: 303
- Average price: $34,156.00
- Good/great deal percentage: 78.9%
- User rating: 5 / 5
- Total listings: 304
- Average price: $12,478.00
- Good/great deal percentage: 22.4%
- User rating: 4.69 / 5
- Total listings: 344
This analysis is based on CarGurus' proprietary market data from May 26, 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
- Highest Average Price in Aurora: The city of Aurora, IL has the highest average price at $32,606, which may reflect its affluent market or higher demand for SUVs.
- Lowest Prices in Lafayette: In contrast, Lafayette, IN offers the lowest average price at $32,276, indicating more competitive pricing or less saturation in the SUV market.
- Good Inventory in South Bend: With 740 listings, South Bend, IN boasts strong inventory levels, but its average price of $31,986 suggests that prices are kept competitive due to supply.
City-Level Pricing
| City | Total Listings | Avg Price |
|---|---|---|
| Aurora, IL | 326 | $32,606 |
| Palatine, IL | 323 | $32,271 |
| Kenosha, WI | 222 | $32,100 |
| South Bend, IN | 740 | $31,986 |
| Rockford, IL | 716 | $32,204 |
| Milwaukee, WI | 683 | $31,642 |
| Janesville, WI | 710 | $32,030 |
| Holland, MI | 711 | $30,451 |
| Kalamazoo, MI | 736 | $30,888 |
| Lafayette, IN | 716 | $32,276 |
Pricing Analysis by Model Year
Key Insights
- New Models Demand Premium: The 2026 Jeep Grand Cherokee shows a current average price of $47,781, which is a significant 22.7% above its MSRP, indicating strong demand for the latest model.
- Depreciation Stabilizes After 2 Years: The 2022 model has dropped to $28,781, reflecting -22.0% depreciation, showing where value is gained for buyers considering slightly older models.
- Steepest Depreciation Among Older Models: Prices of models from 2020 and earlier exhibit steep declines, with the 2017 model down -48.0% compared to its MSRP.
Model Year Pricing
| Model Year | Original MSRP | Avg Price | Price vs MSRP |
|---|---|---|---|
| 2026 Jeep Grand Cherokee | $38,920 | $47,781 | +22.7% |
| 2025 Jeep Grand Cherokee | $37,095 | $38,432 | +3.6% |
| 2024 Jeep Grand Cherokee | $36,495 | $34,304 | -6.0% |
| 2022 Jeep Grand Cherokee | $36,980 | $28,781 | -22.0% |
| 2021 Jeep Grand Cherokee | $35,460 | $25,250 | -28.8% |
| 2020 Jeep Grand Cherokee | $32,150 | $23,303 | -27.5% |
| 2019 Jeep Grand Cherokee | $31,945 | $19,432 | -39.0% |
| 2018 Jeep Grand Cherokee | $30,895 | $19,826 | -35.7% |
| 2017 Jeep Grand Cherokee | $30,395 | $15,484 | -48.0% |
| 2016 Jeep Grand Cherokee | $29,995 | $12,981 | -56.7% |
| 2015 Jeep Grand Cherokee | $29,995 | $12,598 | -58.1% |
| 2014 Jeep Grand Cherokee | $29,495 | $11,321 | -61.5% |
These recommendations are based on CarGurus' proprietary market data from May 28, 2026, CarGurus experts' opinions, and generative AI.
