Who will win 2027 Chicago mayoral election?
Prediction markets currently give a 18% probability that Who will win 2027 Chicago mayoral election?. This contract trades at 18¢ on Kalshi, closing February 23, 2028. This market on Susan Mendoza's 2027 Chicago mayoral prospects shows extreme illiquidity with zero 24-hour volume and only $2,101 open interest, making the 20¢ price potentially unreliable.
Analysis
This market on Susan Mendoza's 2027 Chicago mayoral prospects shows extreme illiquidity with zero 24-hour volume and only $2,101 open interest, making the 20¢ price potentially unreliable. The 305.2% implied yield on the Yes side is notably inflated relative to the 9.5% No yield, suggesting either severe mispricing or very thin order book dynamics with a wide 7¢ spread. With 678 days to expiration and a moderate cliff risk index of 6, this contract has time for fundamental information to emerge, but traders should demand significant liquidity improvements before treating the current price as a meaningful probability estimate.
Resolution rules
If Susan Mendoza wins the 2027 Chicago mayoral election, then the market resolves to Yes.
Indicators
Regime
Trade
sf trade KXCHICAGOMAYOR-27-SMEN yes 100