House Prices

Dearborn Park Chicago, IL House Prices & Home Values 2026


Average Data

average house price$367,403
average size per house1123 ft²
average price per ft²296 $ / ft²

04/15/2026 - The value range (VR) for house prices in Dearborn Park Chicago, IL is $281.2/ sqft to $310.8/ sqft. An average home with 1123 sqft costs approximately $285,472 to $315,522. 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 $296. Our analysis is based on 16 property listings.

Avergage prices by ZIP codes Dearborn Park Chicago

60605311 $ / ft²




Historical development of home values in Dearborn Park Chicago

Year Estimated value (USD) Change vs. 2025
2010 $170,629 -53.6%
2011 $164,030 -55.4%
2012 $163,589 -55.5%
2013 $169,703 -53.8%
2014 $178,142 -51.5%
2015 $187,285 -49.0%
2016 $197,058 -46.4%
2017 $207,694 -43.5%
2018 $219,177 -40.3%
2019 $229,340 -37.6%
2020 $241,195 -34.4%
2021 $274,334 -25.3%
2022 $319,812 -13.0%
2023 $337,256 -8.2%
2024 $356,767 -2.9%
2025 $367,403 0.0%

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



Example: 100% financing house in Dearborn Park Chicago

Loan amount: $367,403

Interest rate: 5.42%

Fixed monthly payment: $2,068.59

Breakdown in the 1st month:
Interest portion: $1,660.66  –  Principal portion: $407.93

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $19,804.39 $5,018.67 $362,384.33
2 $19,525.31 $5,297.75 $357,086.58
3 $19,230.71 $5,592.35 $351,494.23
4 $18,919.72 $5,903.34 $345,590.89
5 $18,591.45 $6,231.62 $339,359.27
6 $18,244.91 $6,578.15 $332,781.12
7 $17,879.11 $6,943.95 $325,837.16
8 $17,492.96 $7,330.10 $318,507.06
9 $17,085.34 $7,737.72 $310,769.34
10 $16,655.06 $8,168.01 $302,601.34
11 $16,200.84 $8,622.22 $293,979.12
12 $15,721.37 $9,101.69 $284,877.42
13 $15,215.23 $9,607.83 $275,269.60
14 $14,680.95 $10,142.11 $265,127.49
15 $14,116.96 $10,706.10 $254,421.39
16 $13,521.61 $11,301.46 $243,119.93
17 $12,893.15 $11,929.92 $231,190.01
18 $12,229.74 $12,593.33 $218,596.68
19 $11,529.43 $13,293.63 $205,303.06
20 $10,790.19 $14,032.87 $191,270.18
21 $10,009.84 $14,813.23 $176,456.96
22 $9,186.09 $15,636.97 $160,819.98
23 $8,316.53 $16,506.53 $144,313.45
24 $7,398.62 $17,424.44 $126,889.01
25 $6,429.67 $18,393.39 $108,495.62
26 $5,406.83 $19,416.23 $89,079.38
27 $4,327.12 $20,495.95 $68,583.44
28 $3,187.36 $21,635.71 $46,947.73
29 $1,984.22 $22,838.84 $24,108.89
30 $714.18 $24,108.89 $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 Chicago, IL


1500 sqft3900 sqft
Ø selling price$485,665$1,033,142
Ø fast selling$441,514$929,828
Ø high price sale$529,817$1,136,457

In 2026, houses in Dearborn Park Chicago, IL will be offered at an average price of $296 per square foot. A 1,500 sqft home priced at $485,665 is 20.79% more expensive per square foot than a 3,900 sqft home priced at $1,033,142. Home prices in Dearborn 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 $715,253. Sellers who can wait longer may achieve a higher price of up to $874,197.


Explore Dearborn Park in Chicago, IL

Overview

Dearborn Park is a quiet, tree-lined enclave in Chicago?s South Loop, offering a rare suburban feel in the heart of the city.

This planned community, developed in the late 1970s and 1980s, blends townhomes, mid-rise condos, and landscaped courtyards to create an urban oasis.


Location & Connectivity

Located just south of the Loop and adjacent to Printers Row, Dearborn Park puts residents close to Grant Park, the Museum Campus, and Lake Michigan.

Commuters enjoy seamless access via CTA Red, Orange, and Green Lines, nearby Metra stations, and express bus routes, while drivers benefit from quick links to I-90/94 and Lake Shore Drive.


Parks & Lifestyle

Shaded pocket parks, playgrounds, and the Dearborn Park walkways make the neighborhood highly walkable and family-friendly.

Dining, cafes, and boutiques along State Street, Wabash Avenue, and Roosevelt Road add convenience without sacrificing the area?s calm character.


Homes & Real Estate

Real estate in Dearborn Park ranges from updated two- and three-bedroom townhomes to amenity-rich condos, appealing to first-time buyers and downsizers alike.

Home values are supported by low turnover, strong HOA stewardship, and consistent demand for quiet homes minutes from Chicago?s core.


Schools & Community

Top-rated public and private schools, including South Loop Elementary and nearby higher-education institutions, attract households seeking stability and quality.

With its central location, safety-focused design, and community events, Dearborn Park Chicago stands out as a hidden gem for those seeking balanced city living.



FAQ – Home Values in Dearborn Park Chicago

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

In 2026, the typical home value in Dearborn Park Chicago is about $367,403 for an average home size of 1123 square feet. This corresponds to an average price of roughly $296 per square foot.

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

In 2026, homes in Dearborn Park Chicago sell for an average of around $296 per square foot, with a typical range between $281.2 and $310.8 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Dearborn Park?

The average home size in Dearborn Park Chicago is about 1123 square feet, with an estimated 2026 value around $367,403.



Neighborhoods close to Dearborn Park 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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