House Prices

Central Station Chicago, IL House Prices & Home Values 2026


Average Data

average house price$400,323
average size per house1224 ft²
average price per ft²323 $ / ft²

04/15/2026 - The value range (VR) for house prices in Central Station Chicago, IL is $306.85/ sqft to $339.15/ sqft. An average home with 1224 sqft costs approximately $369,951 to $408,893. Chicago, IL includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60605, while the highest are in ZIP 60605. The average price per sqare feet is $323. Our analysis is based on 16 property listings.

Avergage prices by ZIP codes Central Station Chicago

60605339 $ / ft²




Historical development of home values in Central Station Chicago

Year Estimated value (USD) Change vs. 2025
2010 $185,917 -53.6%
2011 $178,728 -55.4%
2012 $178,247 -55.5%
2013 $184,909 -53.8%
2014 $194,103 -51.5%
2015 $204,066 -49.0%
2016 $214,715 -46.4%
2017 $226,304 -43.5%
2018 $238,815 -40.3%
2019 $249,889 -37.6%
2020 $262,807 -34.4%
2021 $298,915 -25.3%
2022 $348,467 -13.0%
2023 $367,475 -8.2%
2024 $388,734 -2.9%
2025 $400,323 0.0%

Graph: estimated home values in Central Station Chicago over time (USD)



Example: 100% financing house in Central Station Chicago

Loan amount: $400,323

Interest rate: 5.91%

Fixed monthly payment: $2,377.02

Breakdown in the 1st month:
Interest portion: $1,971.59  –  Principal portion: $405.43

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $23,525.12 $4,999.17 $395,323.83
2 $23,221.53 $5,302.76 $390,021.07
3 $22,899.51 $5,624.78 $384,396.28
4 $22,557.93 $5,966.36 $378,429.92
5 $22,195.60 $6,328.68 $372,101.24
6 $21,811.28 $6,713.01 $365,388.23
7 $21,403.62 $7,120.67 $358,267.56
8 $20,971.20 $7,553.09 $350,714.46
9 $20,512.52 $8,011.77 $342,702.69
10 $20,025.98 $8,498.31 $334,204.38
11 $19,509.90 $9,014.39 $325,190.00
12 $18,962.48 $9,561.81 $315,628.19
13 $18,381.82 $10,142.47 $305,485.72
14 $17,765.89 $10,758.40 $294,727.32
15 $17,112.56 $11,411.73 $283,315.59
16 $16,419.55 $12,104.73 $271,210.85
17 $15,684.46 $12,839.82 $258,371.03
18 $14,904.73 $13,619.55 $244,751.48
19 $14,077.65 $14,446.63 $230,304.84
20 $13,200.35 $15,323.94 $214,980.90
21 $12,269.76 $16,254.53 $198,726.37
22 $11,282.67 $17,241.62 $181,484.75
23 $10,235.63 $18,288.66 $163,196.09
24 $9,125.00 $19,399.28 $143,796.81
25 $7,946.94 $20,577.35 $123,219.45
26 $6,697.32 $21,826.96 $101,392.49
27 $5,371.83 $23,152.46 $78,240.03
28 $3,965.84 $24,558.45 $53,681.58
29 $2,474.47 $26,049.82 $27,631.76
30 $892.53 $27,631.76 $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 Central Station Chicago, IL


1500 sqft3900 sqft
Ø selling price$577,452$1,228,397
Ø fast selling$524,956$1,105,557
Ø high price sale$629,947$1,351,237

In 2026, houses in Central Station Chicago, IL will be offered at an average price of $323 per square foot. A 1,500 sqft home priced at $577,452 is 22.66% more expensive per square foot than a 3,900 sqft home priced at $1,228,397. Home prices in Central Station 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 $850,429. Sellers who can wait longer may achieve a higher price of up to $1,039,413.


Central Station, Chicago IL Neighborhood Guide

Overview

Central Station is a lakefront neighborhood in Chicago?s Near South Side known for luxury high-rises and sweeping Museum Campus views.

Location and Accessibility

The community sits between Grant Park and Soldier Field, offering walkable access to the Loop and the lakefront trail.
Residents benefit from quick transit via the Metra Electric at Museum Campus?11th Street and nearby CTA bus routes and Red, Green, and Orange Line connections.

Lifestyle and Amenities

Central Station features modern amenities, from full-service buildings with fitness centers to landscaped promenades and dog-friendly green spaces.
Dining and nightlife options span acclaimed South Loop restaurants, casual cafes, and game-day spots serving Soldier Field crowds.
Shoppers find convenience at local grocers, boutique retailers, and larger stores clustered along Roosevelt Road.

Attractions and Culture

The neighborhood?s front yard includes the Field Museum, Shedd Aquarium, and Adler Planetarium, making weekend culture trips effortless.
Festivals, concerts, and lakefront events in Grant Park and Northerly Island energize the area throughout the year.

Housing and Market

Housing skews toward luxury condos and townhomes with skyline or lake views, appealing to professionals, empty nesters, and real estate investors.
With strong walk scores, transit options, and waterfront proximity, Central Station Chicago offers a balanced urban lifestyle with lasting value.



FAQ – Home Values in Central Station Chicago

What is the median home value in Central Station Chicago in 2026?

In 2026, the typical home value in Central Station Chicago is about $400,323 for an average home size of 1224 square feet. This corresponds to an average price of roughly $323 per square foot.

What is the average cost per square foot in Central Station Chicago?

In 2026, homes in Central Station Chicago sell for an average of around $323 per square foot, with a typical range between $306.85 and $339.15 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Central Station?

The average home size in Central Station Chicago is about 1224 square feet, with an estimated 2026 value around $400,323.



Neighborhoods close to Central Station Chicago, IL

Chicago Lawn Chicago, IL187 $ / ft²
St. Clair Gardens East Saint Louis, IL43 $ / ft²
The Loop Chicago, IL678 $ / ft²
Tanner Trails North Aurora, IL183 $ / ft²
Downtown Oak Lawn Oak Lawn, IL130 $ / ft²
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