House Prices

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


Average Data

average house price$435,681
average size per house1332 ft²
average price per ft²351 $ / ft²

04/15/2026 - The value range (VR) for house prices in Dearborn Park II Chicago, IL is $333.45/ sqft to $368.55/ sqft. An average home with 1332 sqft costs approximately $476,135 to $526,255. 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 $351. Our analysis is based on 16 property listings.

Avergage prices by ZIP codes Dearborn Park II Chicago

60605369 $ / ft²




Historical development of home values in Dearborn Park II Chicago

Year Estimated value (USD) Change vs. 2025
2010 $202,338 -53.6%
2011 $194,514 -55.4%
2012 $193,990 -55.5%
2013 $201,241 -53.8%
2014 $211,247 -51.5%
2015 $222,089 -49.0%
2016 $233,680 -46.4%
2017 $246,292 -43.5%
2018 $259,909 -40.3%
2019 $271,960 -37.6%
2020 $286,019 -34.4%
2021 $325,316 -25.3%
2022 $379,245 -13.0%
2023 $399,932 -8.2%
2024 $423,068 -2.9%
2025 $435,681 0.0%

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



Example: 100% financing house in Dearborn Park II Chicago

Loan amount: $435,681

Interest rate: 6.43%

Fixed monthly payment: $2,734.35

Breakdown in the 1st month:
Interest portion: $2,335.25  –  Principal portion: $399.10

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $27,879.26 $4,932.88 $430,748.12
2 $27,552.46 $5,259.69 $425,488.43
3 $27,204.00 $5,608.14 $419,880.29
4 $26,832.46 $5,979.69 $413,900.60
5 $26,436.30 $6,375.84 $407,524.76
6 $26,013.90 $6,798.24 $400,726.52
7 $25,563.51 $7,248.63 $393,477.89
8 $25,083.29 $7,728.86 $385,749.03
9 $24,571.25 $8,240.90 $377,508.13
10 $24,025.29 $8,786.86 $368,721.28
11 $23,443.15 $9,368.99 $359,352.28
12 $22,822.45 $9,989.69 $349,362.59
13 $22,160.63 $10,651.51 $338,711.08
14 $21,454.96 $11,357.18 $327,353.90
15 $20,702.55 $12,109.60 $315,244.30
16 $19,900.28 $12,911.87 $302,332.43
17 $19,044.86 $13,767.28 $288,565.15
18 $18,132.77 $14,679.37 $273,885.77
19 $17,160.26 $15,651.89 $258,233.89
20 $16,123.31 $16,688.83 $241,545.06
21 $15,017.67 $17,794.47 $223,750.58
22 $13,838.78 $18,973.37 $204,777.22
23 $12,581.79 $20,230.36 $184,546.86
24 $11,241.52 $21,570.63 $162,976.23
25 $9,812.45 $22,999.69 $139,976.54
26 $8,288.71 $24,523.43 $115,453.10
27 $6,664.02 $26,148.12 $89,304.98
28 $4,931.70 $27,880.45 $61,424.54
29 $3,084.61 $29,727.54 $31,697.00
30 $1,115.15 $31,697.00 $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 II Chicago, IL


1500 sqft3900 sqft
Ø selling price$682,934$1,452,787
Ø fast selling$620,849$1,307,508
Ø high price sale$745,019$1,598,065

In 2026, houses in Dearborn Park II Chicago, IL will be offered at an average price of $351 per square foot. A 1,500 sqft home priced at $682,934 is 24.66% more expensive per square foot than a 3,900 sqft home priced at $1,452,787. Home prices in Dearborn Park II 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 $1,005,776. Sellers who can wait longer may achieve a higher price of up to $1,229,281.


Dearborn Park II Neighborhood in Chicago, IL

Overview

Dearborn Park II is a serene residential enclave in Chicago?s South Loop, known for tree-lined streets and a tight-knit community. Developed in the late 1980s and 1990s, the neighborhood blends townhomes, low-rise condos, and landscaped courtyards. Its calm, low-density feel provides a suburban vibe just steps from the urban energy of the Loop.


Living & Amenities

Residents enjoy pocket parks, playgrounds, and dog-friendly greenways that connect to neighboring Printer?s Row and Grant Park. Dining, coffee shops, and everyday conveniences line nearby State Street and Roosevelt Road, offering walkable options morning to night. Top attractions like the Museum Campus, lakefront trail, and the historic Dearborn Station are minutes away.


Location & Transportation

Commuters benefit from excellent transit, with the CTA Red, Green, and Orange lines at Roosevelt, multiple bus routes, and easy access to I-90/94 and Lake Shore Drive. Bike lanes and wide sidewalks enhance safety and mobility for families, students, and professionals.


Real Estate & Lifestyle

Real estate in Dearborn Park II features spacious multi-bedroom townhomes and well-managed condos, with homes for sale that appeal to move-up buyers and long-term residents. Strong community associations, seasonal events, and a quiet, park-like setting make this South Loop micro-neighborhood a sought-after place to live in Chicago.



FAQ – Home Values in Dearborn Park II Chicago

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

In 2026, the typical home value in Dearborn Park II Chicago is about $435,681 for an average home size of 1332 square feet. This corresponds to an average price of roughly $351 per square foot.

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

In 2026, homes in Dearborn Park II Chicago sell for an average of around $351 per square foot, with a typical range between $333.45 and $368.55 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Dearborn Park II?

The average home size in Dearborn Park II Chicago is about 1332 square feet, with an estimated 2026 value around $435,681.



Neighborhoods close to Dearborn Park II 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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