House Prices

Belmont Terrace Chicago, IL House Prices & Home Values 2026


Average Data

average house price$368,311
average size per house1684 ft²
average price per ft²220 $ / ft²

04/15/2026 - The value range (VR) for house prices in Belmont Terrace Chicago, IL is $209/ sqft to $231/ sqft. An average home with 1684 sqft costs approximately $353,364 to $390,561. Chicago, IL includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60634, while the highest are in ZIP 60634. The average price per sqare feet is $220. Our analysis is based on 14 property listings.

Avergage prices by ZIP codes Belmont Terrace Chicago

60634214 $ / ft²




Historical development of home values in Belmont Terrace Chicago

Year Estimated value (USD) Change vs. 2025
2010 $171,050 -53.6%
2011 $164,436 -55.4%
2012 $163,993 -55.5%
2013 $170,123 -53.8%
2014 $178,582 -51.5%
2015 $187,747 -49.0%
2016 $197,545 -46.4%
2017 $208,208 -43.5%
2018 $219,719 -40.3%
2019 $229,906 -37.6%
2020 $241,792 -34.4%
2021 $275,012 -25.3%
2022 $320,602 -13.0%
2023 $338,090 -8.2%
2024 $357,649 -2.9%
2025 $368,311 0.0%

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



Example: 100% financing house in Belmont Terrace Chicago

Loan amount: $368,311

Interest rate: 6.02%

Fixed monthly payment: $2,213.90

Breakdown in the 1st month:
Interest portion: $1,848.92  –  Principal portion: $364.98

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $22,064.08 $4,502.68 $363,808.32
2 $21,785.23 $4,781.53 $359,026.79
3 $21,489.10 $5,077.66 $353,949.13
4 $21,174.63 $5,392.13 $348,557.00
5 $20,840.69 $5,726.07 $342,830.93
6 $20,486.07 $6,080.69 $336,750.24
7 $20,109.48 $6,457.28 $330,292.96
8 $19,709.57 $6,857.19 $323,435.77
9 $19,284.90 $7,281.86 $316,153.91
10 $18,833.92 $7,732.84 $308,421.07
11 $18,355.02 $8,211.74 $300,209.33
12 $17,846.45 $8,720.31 $291,489.02
13 $17,306.39 $9,260.37 $282,228.66
14 $16,732.89 $9,833.88 $272,394.78
15 $16,123.86 $10,442.90 $261,951.88
16 $15,477.12 $11,089.64 $250,862.24
17 $14,790.32 $11,776.44 $239,085.80
18 $14,060.99 $12,505.77 $226,580.02
19 $13,286.49 $13,280.27 $213,299.75
20 $12,464.02 $14,102.74 $199,197.02
21 $11,590.62 $14,976.14 $184,220.88
22 $10,663.13 $15,903.63 $168,317.25
23 $9,678.20 $16,888.57 $151,428.68
24 $8,632.26 $17,934.50 $133,494.18
25 $7,521.56 $19,045.21 $114,448.98
26 $6,342.06 $20,224.70 $94,224.28
27 $5,089.52 $21,477.24 $72,747.03
28 $3,759.40 $22,807.36 $49,939.67
29 $2,346.91 $24,219.85 $25,719.82
30 $846.94 $25,719.82 $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 Terrace Chicago, IL


1500 sqft3900 sqft
Ø selling price$400,898$852,818
Ø fast selling$364,453$767,536
Ø high price sale$437,343$938,100

In 2026, houses in Belmont Terrace Chicago, IL will be offered at an average price of $220 per square foot. A 1,500 sqft home priced at $400,898 is 23.09% more expensive per square foot than a 3,900 sqft home priced at $852,818. Home prices in Belmont Terrace 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 $590,413. Sellers who can wait longer may achieve a higher price of up to $721,615.


Belmont Terrace, Chicago, IL Neighborhood Guide

Overview

Belmont Terrace in Chicago, IL is a friendly Northwest Side enclave known for quiet streets and close-knit community vibes.
Tucked within the larger Dunning area, Belmont Terrace Chicago offers a convenient location near O?Hare, Harwood Heights, and Norridge.

Location & Transportation

Residents enjoy quick access to the Kennedy Expressway and the CTA Blue Line at Harlem or Cumberland for easy downtown commutes.

Local CTA bus routes along Harlem, Belmont, and Irving Park connect the neighborhood to nearby shopping, parks, and schools.

Homes & Lifestyle

Housing in Belmont Terrace ranges from classic Chicago bungalows and Cape Cods to tidy ranches and two-flats, offering diverse real estate options for first-time buyers and downsizers.

Tree-lined blocks, well-kept yards, and a relaxed pace create a welcoming lifestyle with strong curb appeal.

Parks, Shopping & Dining

Outdoor lovers appreciate proximity to Shabbona Park, Hiawatha Park, and the Schiller Woods Forest Preserve for sports, trails, and picnics.

Dining and retail options cluster along Harlem and Belmont, including the nearby Harlem Irving Plaza (?The HIP?) and a mix of Polish, Italian, and Latin eateries.

Schools & Community

Families value access to nearby public and parochial schools, with many students continuing to highly regarded Taft High School.

Community events, block clubs, and neighborhood pride make Belmont Terrace Chicago IL a smart choice for buyers seeking comfort, convenience, and value.



FAQ – Home Values in Belmont Terrace Chicago

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

In 2026, the typical home value in Belmont Terrace Chicago is about $368,311 for an average home size of 1684 square feet. This corresponds to an average price of roughly $220 per square foot.

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

In 2026, homes in Belmont Terrace Chicago sell for an average of around $220 per square foot, with a typical range between $209 and $231 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Belmont Terrace?

The average home size in Belmont Terrace Chicago is about 1684 square feet, with an estimated 2026 value around $368,311.



Neighborhoods close to Belmont Terrace Chicago, IL

Garfield Ridge Chicago, IL168 $ / 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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