House Prices

Edgewater Chicago, IL House Prices & Home Values 2026


Average Data

average house price$356,924
average size per house1506 ft²
average price per ft²245 $ / ft²

04/05/2026 - The value range (VR) for house prices in Edgewater Chicago, IL is $202/ sqft to $265/ sqft. An average home with 1506 sqft costs approximately $313,947 to $411,861. Chicago, IL includes 2 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60660, while the highest are in ZIP 60640. The average price per sqare feet is $245. Our analysis is based on 23 property listings.

Avergage prices by ZIP codes Edgewater Chicago

60640265 $ / ft²
60660202 $ / ft²




Historical development of home values in Edgewater Chicago

Year Estimated value (USD) Change vs. 2025
2010 $165,762 -53.6%
2011 $159,352 -55.4%
2012 $158,923 -55.5%
2013 $164,863 -53.8%
2014 $173,061 -51.5%
2015 $181,943 -49.0%
2016 $191,438 -46.4%
2017 $201,771 -43.5%
2018 $212,926 -40.3%
2019 $222,798 -37.6%
2020 $234,316 -34.4%
2021 $266,509 -25.3%
2022 $310,690 -13.0%
2023 $327,637 -8.2%
2024 $346,591 -2.9%
2025 $356,924 0.0%

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



Example: 100% financing house in Edgewater Chicago

Loan amount: $356,924

Interest rate: 6.19%

Fixed monthly payment: $2,184.20

Breakdown in the 1st month:
Interest portion: $1,841.73  â€“  Principal portion: $342.47

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $21,982.07 $4,228.28 $352,695.72
2 $21,712.70 $4,497.66 $348,198.06
3 $21,426.16 $4,784.19 $343,413.87
4 $21,121.37 $5,088.98 $338,324.89
5 $20,797.16 $5,413.19 $332,911.70
6 $20,452.30 $5,758.05 $327,153.64
7 $20,085.47 $6,124.89 $321,028.76
8 $19,695.26 $6,515.09 $314,513.66
9 $19,280.20 $6,930.15 $307,583.51
10 $18,838.70 $7,371.66 $300,211.85
11 $18,369.06 $7,841.29 $292,370.56
12 $17,869.51 $8,340.84 $284,029.72
13 $17,338.13 $8,872.22 $275,157.50
14 $16,772.90 $9,437.45 $265,720.05
15 $16,171.66 $10,038.69 $255,681.36
16 $15,532.12 $10,678.23 $245,003.12
17 $14,851.83 $11,358.52 $233,644.60
18 $14,128.21 $12,082.15 $221,562.45
19 $13,358.48 $12,851.88 $208,710.57
20 $12,539.71 $13,670.64 $195,039.93
21 $11,668.78 $14,541.57 $180,498.36
22 $10,742.37 $15,467.98 $165,030.38
23 $9,756.94 $16,453.42 $148,576.96
24 $8,708.73 $17,501.63 $131,075.33
25 $7,593.74 $18,616.62 $112,458.72
26 $6,407.71 $19,802.64 $92,656.07
27 $5,146.13 $21,064.23 $71,591.84
28 $3,804.17 $22,406.18 $49,185.66
29 $2,376.72 $23,833.64 $25,352.03
30 $858.33 $25,352.03 $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 Edgewater Chicago, IL


1500 sqft3900 sqft
Ø selling price$458,905$976,216
Ø fast selling$417,187$878,594
Ø high price sale$500,624$1,073,837

In 2026, houses in Edgewater Chicago, IL will be offered at an average price of $245 per square foot. A 1,500 sqft home priced at $458,905 is 23.74% more expensive per square foot than a 3,900 sqft home priced at $976,216. Home prices in Edgewater 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 $675,842. Sellers who can wait longer may achieve a higher price of up to $826,029.


Edgewater, Chicago IL Neighborhood Guide

Overview

Edgewater in Chicago, IL is a lakefront neighborhood known for its scenic shoreline and welcoming community vibe.
Residents and visitors enjoy a balanced mix of urban energy and relaxed beach-town atmosphere along Lake Michigan.

Lakefront & Outdoors

The neighborhood features popular beaches like Kathy Osterman Beach and a stretch of the Lakefront Trail for jogging, biking, and sunrise views.
Tree-lined streets connect to high-rise towers, courtyard buildings, and classic apartments, offering distinct micro-environments within Edgewater Chicago.

Dining & Culture

Dining in Edgewater and nearby Andersonville spans global cuisines, cozy cafés, and destination restaurants along Broadway, Clark, and Bryn Mawr.
Local theaters, galleries, and community festivals celebrate the area?s creative spirit and multicultural heritage.

Housing & Real Estate

Edgewater real estate ranges from historic greystones and vintage walk-ups to modern condos with sweeping lake views.
Compared with Downtown Chicago, prices can feel more attainable, attracting first-time buyers, downsizers, and renters seeking value.

Transportation & Convenience

Commuting is simple with CTA Red Line stations at Berwyn, Bryn Mawr, and Thorndale, plus express buses and quick access to Lake Shore Drive.
The neighborhood?s strong walkability, bike-friendliness, and everyday conveniences make Edgewater a practical and enjoyable place to live.



FAQ – Home Values in Edgewater Chicago

What is the median home value in Edgewater Chicago in 2026?

In 2026, the typical home value in Edgewater Chicago is about $356,924 for an average home size of 1506 square feet. This corresponds to an average price of roughly $245 per square foot.

What is the average cost per square foot in Edgewater Chicago?

In 2026, homes in Edgewater Chicago sell for an average of around $245 per square foot, with a typical range between $202 and $265 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Edgewater?

The average home size in Edgewater Chicago is about 1506 square feet, with an estimated 2026 value around $356,924.



Neighborhoods close to Edgewater Chicago, IL

Portage Park Chicago, IL243 $ / ft²
St. Clair Gardens East Saint Louis, IL43 $ / ft²
Chicago Lawn Chicago, IL187 $ / ft²
Tanner Trails North Aurora, IL183 $ / ft²
Downtown Oak Lawn Oak Lawn, IL130 $ / ft²
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