House Prices

Erie Park Chicago, IL House Prices & Home Values 2026


Average Data

average house price$825,817
average size per house1680 ft²
average price per ft²538 $ / ft²

04/15/2026 - The value range (VR) for house prices in Erie Park Chicago, IL is $511.1/ sqft to $564.9/ sqft. An average home with 1680 sqft costs approximately $939,361 to $1,038,242. Chicago, IL includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60654, while the highest are in ZIP 60654. The average price per sqare feet is $538. Our analysis is based on 15 property listings.

Avergage prices by ZIP codes Erie Park Chicago

60654635 $ / ft²




Historical development of home values in Erie Park Chicago

Year Estimated value (USD) Change vs. 2025
2010 $383,524 -53.6%
2011 $368,693 -55.4%
2012 $367,701 -55.5%
2013 $381,444 -53.8%
2014 $400,412 -51.5%
2015 $420,962 -49.0%
2016 $442,931 -46.4%
2017 $466,838 -43.5%
2018 $492,647 -40.3%
2019 $515,490 -37.6%
2020 $542,139 -34.4%
2021 $616,624 -25.3%
2022 $718,845 -13.0%
2023 $758,056 -8.2%
2024 $801,910 -2.9%
2025 $825,817 0.0%

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



Example: 100% financing house in Erie Park Chicago

Loan amount: $825,817

Interest rate: 6.56%

Fixed monthly payment: $5,254.53

Breakdown in the 1st month:
Interest portion: $4,517.22  –  Principal portion: $737.31

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $53,935.53 $9,118.85 $816,698.15
2 $53,318.63 $9,735.76 $806,962.39
3 $52,659.99 $10,394.39 $796,568.00
4 $51,956.80 $11,097.58 $785,470.42
5 $51,206.03 $11,848.35 $773,622.07
6 $50,404.48 $12,649.91 $760,972.16
7 $49,548.70 $13,505.69 $747,466.47
8 $48,635.02 $14,419.36 $733,047.11
9 $47,659.53 $15,394.85 $717,652.26
10 $46,618.05 $16,436.33 $701,215.93
11 $45,506.11 $17,548.27 $683,667.66
12 $44,318.95 $18,735.43 $664,932.22
13 $43,051.48 $20,002.91 $644,929.32
14 $41,698.25 $21,356.13 $623,573.19
15 $40,253.49 $22,800.90 $600,772.29
16 $38,710.98 $24,343.41 $576,428.89
17 $37,064.12 $25,990.27 $550,438.62
18 $35,305.84 $27,748.54 $522,690.08
19 $33,428.62 $29,625.76 $493,064.32
20 $31,424.40 $31,629.98 $461,434.33
21 $29,284.59 $33,769.79 $427,664.54
22 $27,000.02 $36,054.36 $391,610.18
23 $24,560.90 $38,493.48 $353,116.70
24 $21,956.77 $41,097.61 $312,019.09
25 $19,176.47 $43,877.92 $268,141.18
26 $16,208.07 $46,846.31 $221,294.86
27 $13,038.86 $50,015.52 $171,279.34
28 $9,655.25 $53,399.13 $117,880.21
29 $6,042.73 $57,011.65 $60,868.56
30 $2,185.82 $60,868.56 $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 Erie Park Chicago, IL


1500 sqft3900 sqft
Ø selling price$1,068,259$2,272,477
Ø fast selling$971,144$2,045,229
Ø high price sale$1,165,373$2,499,725

In 2026, houses in Erie Park Chicago, IL will be offered at an average price of $538 per square foot. A 1,500 sqft home priced at $1,068,259 is 25.16% more expensive per square foot than a 3,900 sqft home priced at $2,272,477. Home prices in Erie 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 $1,573,253. Sellers who can wait longer may achieve a higher price of up to $1,922,865.

FAQ – Home Values in Erie Park Chicago

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

In 2026, the typical home value in Erie Park Chicago is about $825,817 for an average home size of 1680 square feet. This corresponds to an average price of roughly $538 per square foot.

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

In 2026, homes in Erie Park Chicago sell for an average of around $538 per square foot, with a typical range between $511.1 and $564.9 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Erie Park?

The average home size in Erie Park Chicago is about 1680 square feet, with an estimated 2026 value around $825,817.



Neighborhoods close to Erie Park Chicago, IL

Edgewater Chicago, IL202 $ / 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
  imprint  Privacy