House Prices

Belmont Cragin Chicago, IL House Prices & Home Values 2026


Average Data

average house price$266,429
average size per house1446 ft²
average price per ft²197 $ / ft²

04/15/2026 - The value range (VR) for house prices in Belmont Cragin Chicago, IL is $187.15/ sqft to $206.85/ sqft. An average home with 1446 sqft costs approximately $288,480 to $318,847. Chicago, IL includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60639, while the highest are in ZIP 60639. The average price per sqare feet is $197. Our analysis is based on 3 property listings.

Avergage prices by ZIP codes Belmont Cragin Chicago

60639193 $ / ft²




Historical development of home values in Belmont Cragin Chicago

Year Estimated value (USD) Change vs. 2025
2010 $123,734 -53.6%
2011 $118,950 -55.4%
2012 $118,629 -55.5%
2013 $123,063 -53.8%
2014 $129,183 -51.5%
2015 $135,813 -49.0%
2016 $142,900 -46.4%
2017 $150,613 -43.5%
2018 $158,940 -40.3%
2019 $166,310 -37.6%
2020 $174,907 -34.4%
2021 $198,938 -25.3%
2022 $231,917 -13.0%
2023 $244,567 -8.2%
2024 $258,716 -2.9%
2025 $266,429 0.0%

Graph: estimated home values in Belmont Cragin Chicago over time (USD)



Example: 100% financing house in Belmont Cragin Chicago

Loan amount: $266,429

Interest rate: 6.40%

Fixed monthly payment: $1,665.83

Breakdown in the 1st month:
Interest portion: $1,420.07  –  Principal portion: $245.76

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $16,952.79 $3,037.19 $263,391.81
2 $16,752.73 $3,237.24 $260,154.57
3 $16,539.50 $3,450.48 $256,704.09
4 $16,312.22 $3,677.75 $253,026.34
5 $16,069.97 $3,920.00 $249,106.33
6 $15,811.77 $4,178.21 $244,928.12
7 $15,536.55 $4,453.42 $240,474.70
8 $15,243.21 $4,746.76 $235,727.94
9 $14,930.55 $5,059.43 $230,668.51
10 $14,597.29 $5,392.68 $225,275.83
11 $14,242.08 $5,747.89 $219,527.93
12 $13,863.48 $6,126.50 $213,401.43
13 $13,459.93 $6,530.04 $206,871.39
14 $13,029.81 $6,960.17 $199,911.22
15 $12,571.35 $7,418.63 $192,492.59
16 $12,082.69 $7,907.28 $184,585.31
17 $11,561.85 $8,428.13 $176,157.18
18 $11,006.70 $8,983.28 $167,173.91
19 $10,414.98 $9,574.99 $157,598.91
20 $9,784.29 $10,205.68 $147,393.23
21 $9,112.06 $10,877.92 $136,515.31
22 $8,395.54 $11,594.43 $124,920.87
23 $7,631.83 $12,358.14 $112,562.73
24 $6,817.82 $13,172.16 $99,390.57
25 $5,950.18 $14,039.79 $85,350.78
26 $5,025.40 $14,964.58 $70,386.20
27 $4,039.70 $15,950.27 $54,435.93
28 $2,989.08 $17,000.90 $37,435.03
29 $1,869.25 $18,120.72 $19,314.31
30 $675.67 $19,314.31 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Belmont Cragin Chicago, IL


1500 sqft3900 sqft
Ø selling price$381,154$810,818
Ø fast selling$346,504$729,736
Ø high price sale$415,804$891,900

In 2026, houses in Belmont Cragin Chicago, IL will be offered at an average price of $197 per square foot. A 1,500 sqft home priced at $381,154 is 24.52% more expensive per square foot than a 3,900 sqft home priced at $810,818. Home prices in Belmont Cragin Chicago, IL vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $561,336. Sellers who can wait longer may achieve a higher price of up to $686,077.


Belmont Cragin, Chicago IL Neighborhood Guide

Overview

Belmont Cragin in Chicago, IL is a dynamic Northwest Side neighborhood known for family-friendly streets, diverse culture, and convenient urban amenities.


History & Architecture

Rooted in early-20th-century industrial growth along nearby rail lines, Belmont Cragin blends historic brick bungalows with revitalized retail corridors and small manufacturing spaces.


Housing & Real Estate

Homebuyers and renters find value in classic Chicago bungalows, two-flats, and courtyard apartments, making real estate in Belmont Cragin competitively priced compared to nearby Portage Park and Hermosa.


Parks & Recreation

Residents enjoy green space at Riis Park and Hanson Park, featuring athletic fields, a popular fieldhouse, and seasonal community programs.


Dining & Shopping

Belmont, Diversey, Fullerton, and Cicero avenues offer authentic Mexican and Central American eateries, bakeries, and casual dining, plus everyday shopping at local boutiques and national retailers.


Transportation & Commute

CTA bus routes along Belmont, Diversey, Fullerton, Cicero, Central, and Austin connect to nearby Blue Line stations and Metra?s Milwaukee District/West Line at Hanson Park.


Schools & Education

Public schools such as Prosser Career Academy and Hanson Park Elementary serve the area, alongside parochial options and early childhood centers.


Community & Events

Active community organizations and block clubs host festivals, cleanups, and resource fairs that strengthen neighborhood pride and support small businesses.


Why Live in Belmont Cragin

With its convenient location, solid housing stock, and growing small-business scene, Belmont Cragin appeals to first-time buyers, multi-generational households, and investors.


Plan Your Visit or Move

Whether you are exploring things to do, searching for homes for sale, or planning a move, Belmont Cragin offers an affordable Chicago neighborhood experience with authentic local flavor.




FAQ – Home Values in Belmont Cragin Chicago

What is the median home value in Belmont Cragin Chicago in 2026?

In 2026, the typical home value in Belmont Cragin Chicago is about $266,429 for an average home size of 1446 square feet. This corresponds to an average price of roughly $197 per square foot.

What is the average cost per square foot in Belmont Cragin Chicago?

In 2026, homes in Belmont Cragin Chicago sell for an average of around $197 per square foot, with a typical range between $187.15 and $206.85 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Belmont Cragin?

The average home size in Belmont Cragin Chicago is about 1446 square feet, with an estimated 2026 value around $266,429.



Neighborhoods close to Belmont Cragin Chicago, IL

Portage Park Chicago, IL243 $ / ft²
St. Clair Gardens East Saint Louis, IL43 $ / ft²
Chicago Lawn Chicago, IL187 $ / ft²
Tanner Trails North Aurora, IL183 $ / ft²
Downtown Oak Lawn Oak Lawn, IL130 $ / ft²




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