House Prices

Dearborn Park I Chicago, IL House Prices & Home Values 2026


Average Data

average house price$396,259
average size per house1212 ft²
average price per ft²319 $ / ft²

04/15/2026 - The value range (VR) for house prices in Dearborn Park I Chicago, IL is $303.05/ sqft to $334.95/ sqft. An average home with 1212 sqft costs approximately $358,115 to $395,811. 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 $319. Our analysis is based on 16 property listings.

Avergage prices by ZIP codes Dearborn Park I Chicago

60605336 $ / ft²




Historical development of home values in Dearborn Park I Chicago

Year Estimated value (USD) Change vs. 2025
2010 $184,030 -53.6%
2011 $176,913 -55.4%
2012 $176,437 -55.5%
2013 $183,032 -53.8%
2014 $192,133 -51.5%
2015 $201,994 -49.0%
2016 $212,535 -46.4%
2017 $224,007 -43.5%
2018 $236,391 -40.3%
2019 $247,352 -37.6%
2020 $260,139 -34.4%
2021 $295,880 -25.3%
2022 $344,930 -13.0%
2023 $363,744 -8.2%
2024 $384,788 -2.9%
2025 $396,259 0.0%

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



Example: 100% financing house in Dearborn Park I Chicago

Loan amount: $396,259

Interest rate: 5.85%

Fixed monthly payment: $2,337.69

Breakdown in the 1st month:
Interest portion: $1,931.76  –  Principal portion: $405.93

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $23,048.40 $5,003.93 $391,255.07
2 $22,747.69 $5,304.64 $385,950.43
3 $22,428.91 $5,623.42 $380,327.01
4 $22,090.98 $5,961.35 $374,365.66
5 $21,732.73 $6,319.60 $368,046.06
6 $21,352.96 $6,699.37 $361,346.69
7 $20,950.37 $7,101.96 $354,244.73
8 $20,523.58 $7,528.75 $346,715.98
9 $20,071.14 $7,981.18 $338,734.80
10 $19,591.52 $8,460.81 $330,273.99
11 $19,083.07 $8,969.25 $321,304.74
12 $18,544.07 $9,508.26 $311,796.48
13 $17,972.68 $10,079.65 $301,716.83
14 $17,366.95 $10,685.38 $291,031.46
15 $16,724.82 $11,327.51 $279,703.95
16 $16,044.10 $12,008.23 $267,695.72
17 $15,322.48 $12,729.85 $254,965.87
18 $14,557.49 $13,494.84 $241,471.03
19 $13,746.52 $14,305.81 $227,165.22
20 $12,886.82 $15,165.50 $211,999.72
21 $11,975.46 $16,076.86 $195,922.85
22 $11,009.34 $17,042.99 $178,879.86
23 $9,985.15 $18,067.18 $160,812.68
24 $8,899.42 $19,152.91 $141,659.77
25 $7,748.43 $20,303.89 $121,355.88
26 $6,528.29 $21,524.04 $99,831.83
27 $5,234.81 $22,817.51 $77,014.32
28 $3,863.61 $24,188.72 $52,825.60
29 $2,410.01 $25,642.32 $27,183.28
30 $869.05 $27,183.28 $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 Dearborn Park I Chicago, IL


1500 sqft3900 sqft
Ø selling price$564,511$1,200,868
Ø fast selling$513,192$1,080,781
Ø high price sale$615,830$1,320,955

In 2026, houses in Dearborn Park I Chicago, IL will be offered at an average price of $319 per square foot. A 1,500 sqft home priced at $564,511 is 22.43% more expensive per square foot than a 3,900 sqft home priced at $1,200,868. Home prices in Dearborn Park I 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 $831,370. Sellers who can wait longer may achieve a higher price of up to $1,016,119.


Dearborn Park I, Chicago, IL Neighborhood Guide

Overview

Dearborn Park I in Chicago?s South Loop is a planned, tree-lined residential enclave that blends urban convenience with a quiet neighborhood feel. Established in the late 1970s as part of a major revitalization, it features pedestrian-friendly streets, pocket parks, and mature landscaping. Its location just south of the Loop and next to Printers Row places residents close to offices, universities, and cultural landmarks.

Lifestyle and Amenities

Daily life in Dearborn Park I centers on walkability to grocery options, cafes, and services along Roosevelt Road and State Street.
Families appreciate proximity to South Loop Elementary and nearby playgrounds, while pet owners enjoy shaded paths and green space. A short stroll connects you to Grant Park, the Museum Campus, and the lakefront for recreation and events. Dining and entertainment in the South Loop, Printers Row, and the downtown theater district are minutes away.

Housing, Transit, and Real Estate

Housing in Dearborn Park I ranges from townhomes to mid-rise condos, offering value and space compared with other downtown Chicago addresses. Commuters benefit from the Roosevelt CTA hub with Red, Orange, and Green Lines, plus convenient bus routes and bike lanes. With an active community association, a tranquil vibe, and unbeatable access to the core, Dearborn Park I is a standout choice for South Loop living.



FAQ – Home Values in Dearborn Park I Chicago

What is the median home value in Dearborn Park I Chicago in 2026?

In 2026, the typical home value in Dearborn Park I Chicago is about $396,259 for an average home size of 1212 square feet. This corresponds to an average price of roughly $319 per square foot.

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

In 2026, homes in Dearborn Park I Chicago sell for an average of around $319 per square foot, with a typical range between $303.05 and $334.95 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Dearborn Park I?

The average home size in Dearborn Park I Chicago is about 1212 square feet, with an estimated 2026 value around $396,259.



Neighborhoods close to Dearborn Park I 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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