House Prices

Bessemer Park Chicago, IL House Prices & Home Values 2026


Average Data

average house price$191,641
average size per house1802 ft²
average price per ft²99 $ / ft²

04/15/2026 - The value range (VR) for house prices in Bessemer Park Chicago, IL is $94.05/ sqft to $103.95/ sqft. An average home with 1802 sqft costs approximately $157,276 to $173,832. Chicago, IL includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60617, while the highest are in ZIP 60617. The average price per sqare feet is $99. Our analysis is based on 11 property listings.

Avergage prices by ZIP codes Bessemer Park Chicago

60617113 $ / ft²




Historical development of home values in Bessemer Park Chicago

Year Estimated value (USD) Change vs. 2025
2010 $89,002 -53.6%
2011 $85,560 -55.4%
2012 $85,329 -55.5%
2013 $88,519 -53.8%
2014 $92,920 -51.5%
2015 $97,689 -49.0%
2016 $102,788 -46.4%
2017 $108,335 -43.5%
2018 $114,325 -40.3%
2019 $119,626 -37.6%
2020 $125,810 -34.4%
2021 $143,095 -25.3%
2022 $166,817 -13.0%
2023 $175,916 -8.2%
2024 $186,093 -2.9%
2025 $191,641 0.0%

Graph: estimated home values in Bessemer Park Chicago over time (USD)



Example: 100% financing house in Bessemer Park Chicago

Loan amount: $191,641

Interest rate: 5.57%

Fixed monthly payment: $1,096.31

Breakdown in the 1st month:
Interest portion: $889.21  –  Principal portion: $207.09

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $10,606.16 $2,549.52 $189,091.48
2 $10,460.52 $2,695.16 $186,396.32
3 $10,306.57 $2,849.11 $183,547.21
4 $10,143.82 $3,011.86 $180,535.34
5 $9,971.77 $3,183.91 $177,351.43
6 $9,789.89 $3,365.79 $173,985.64
7 $9,597.63 $3,558.05 $170,427.59
8 $9,394.38 $3,761.30 $166,666.29
9 $9,179.53 $3,976.16 $162,690.14
10 $8,952.39 $4,203.29 $158,486.85
11 $8,712.29 $4,443.39 $154,043.46
12 $8,458.47 $4,697.21 $149,346.25
13 $8,190.15 $4,965.53 $144,380.71
14 $7,906.50 $5,249.18 $139,131.54
15 $7,606.65 $5,549.03 $133,582.51
16 $7,289.67 $5,866.01 $127,716.50
17 $6,954.59 $6,201.09 $121,515.41
18 $6,600.36 $6,555.32 $114,960.09
19 $6,225.90 $6,929.78 $108,030.31
20 $5,830.05 $7,325.63 $100,704.69
21 $5,411.59 $7,744.09 $92,960.59
22 $4,969.22 $8,186.46 $84,774.14
23 $4,501.59 $8,654.09 $76,120.04
24 $4,007.24 $9,148.44 $66,971.60
25 $3,484.65 $9,671.03 $57,300.57
26 $2,932.21 $10,223.47 $47,077.09
27 $2,348.21 $10,807.47 $36,269.62
28 $1,730.86 $11,424.83 $24,844.80
29 $1,078.23 $12,077.45 $12,767.35
30 $388.33 $12,767.35 $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 Bessemer Park Chicago, IL


1500 sqft3900 sqft
Ø selling price$166,748$354,718
Ø fast selling$151,589$319,247
Ø high price sale$181,907$390,190

In 2026, houses in Bessemer Park Chicago, IL will be offered at an average price of $99 per square foot. A 1,500 sqft home priced at $166,748 is 21.34% more expensive per square foot than a 3,900 sqft home priced at $354,718. Home prices in Bessemer Park 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 $245,574. Sellers who can wait longer may achieve a higher price of up to $300,146.


Bessemer Park Neighborhood in Chicago, IL

Overview

Bessemer Park is a welcoming neighborhood on Chicago?s South Side, known for its strong community spirit and easy access to parks and the lakefront. Centered around the historic Chicago Park District?s Bessemer Park, the area offers green space, shade trees, and room to play. The neighborhood?s identity is tied to Chicago?s steelmaking past near the Calumet corridor, giving it authentic industrial heritage and resilient pride.

Lifestyle and Amenities

Families appreciate the park?s athletic fields, playgrounds, and seasonal programs inside the fieldhouse that bring neighbors together. Locals enjoy casual eateries, corner stores, and small businesses that reflect the diversity and flavors of the South Side. Weekend routines often include youth sports, community events, and relaxed walks under mature trees in and around Bessemer Park Chicago.

Connectivity and Housing

Commuters benefit from CTA bus connections and proximity to the Metra Electric South Chicago Branch for quick trips to downtown. Housing in Bessemer Park spans classic worker cottages, brick two-flats, and modest single-family homes, offering accessible real estate options.

Nearby Attractions and Vibe

Outdoor lovers are close to the Calumet River, neighborhood playlots, and larger natural areas just a short drive away. With a convenient location, community-focused amenities, and affordable housing, the Bessemer Park neighborhood in Chicago, IL delivers value and everyday livability.



FAQ – Home Values in Bessemer Park Chicago

What is the median home value in Bessemer Park Chicago in 2026?

In 2026, the typical home value in Bessemer Park Chicago is about $191,641 for an average home size of 1802 square feet. This corresponds to an average price of roughly $99 per square foot.

What is the average cost per square foot in Bessemer Park Chicago?

In 2026, homes in Bessemer Park Chicago sell for an average of around $99 per square foot, with a typical range between $94.05 and $103.95 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Bessemer Park?

The average home size in Bessemer Park Chicago is about 1802 square feet, with an estimated 2026 value around $191,641.



Neighborhoods close to Bessemer Park Chicago, IL

Chicago Lawn Chicago, IL187 $ / ft²
St. Clair Gardens East Saint Louis, IL43 $ / ft²
Hyde Park Chicago, IL158 $ / ft²
Tanner Trails North Aurora, IL183 $ / ft²
Downtown Oak Lawn Oak Lawn, IL130 $ / ft²
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