House Prices

Gage Park Chicago, IL House Prices & Home Values 2026


Average Data

average house price$270,354
average size per house1419 ft²
average price per ft²200 $ / ft²

04/15/2026 - The value range (VR) for house prices in Gage Park Chicago, IL is $190/ sqft to $210/ sqft. An average home with 1419 sqft costs approximately $282,552 to $312,294. Chicago, IL includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60632, while the highest are in ZIP 60632. The average price per sqare feet is $200. Our analysis is based on 7 property listings.

Avergage prices by ZIP codes Gage Park Chicago

60632220 $ / ft²




Historical development of home values in Gage Park Chicago

Year Estimated value (USD) Change vs. 2025
2010 $125,557 -53.6%
2011 $120,702 -55.4%
2012 $120,377 -55.5%
2013 $124,876 -53.8%
2014 $131,086 -51.5%
2015 $137,814 -49.0%
2016 $145,006 -46.4%
2017 $152,832 -43.5%
2018 $161,282 -40.3%
2019 $168,760 -37.6%
2020 $177,484 -34.4%
2021 $201,869 -25.3%
2022 $235,334 -13.0%
2023 $248,170 -8.2%
2024 $262,527 -2.9%
2025 $270,354 0.0%

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



Example: 100% financing house in Gage Park Chicago

Loan amount: $270,354

Interest rate: 6.29%

Fixed monthly payment: $1,671.30

Breakdown in the 1st month:
Interest portion: $1,416.65  –  Principal portion: $254.65

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $16,910.24 $3,145.41 $267,208.59
2 $16,706.65 $3,348.99 $263,859.60
3 $16,489.89 $3,565.75 $260,293.85
4 $16,259.10 $3,796.54 $256,497.31
5 $16,013.37 $4,042.27 $252,455.04
6 $15,751.74 $4,303.90 $248,151.14
7 $15,473.17 $4,582.47 $243,568.67
8 $15,176.58 $4,879.07 $238,689.60
9 $14,860.78 $5,194.86 $233,494.74
10 $14,524.55 $5,531.09 $227,963.64
11 $14,166.55 $5,889.09 $222,074.55
12 $13,785.39 $6,270.26 $215,804.30
13 $13,379.55 $6,676.09 $209,128.20
14 $12,947.44 $7,108.20 $202,020.00
15 $12,487.37 $7,568.27 $194,451.73
16 $11,997.52 $8,058.12 $186,393.61
17 $11,475.96 $8,579.68 $177,813.93
18 $10,920.65 $9,134.99 $168,678.94
19 $10,329.40 $9,726.25 $158,952.69
20 $9,699.87 $10,355.77 $148,596.92
21 $9,029.60 $11,026.04 $137,570.88
22 $8,315.95 $11,739.69 $125,831.19
23 $7,556.11 $12,499.53 $113,331.66
24 $6,747.08 $13,308.56 $100,023.10
25 $5,885.70 $14,169.94 $85,853.16
26 $4,968.56 $15,087.08 $70,766.08
27 $3,992.06 $16,063.58 $54,702.49
28 $2,952.36 $17,103.28 $37,599.21
29 $1,845.36 $18,210.28 $19,388.93
30 $666.71 $19,388.93 $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 Gage Park Chicago, IL


1500 sqft3900 sqft
Ø selling price$380,425$809,266
Ø fast selling$345,841$728,340
Ø high price sale$415,009$890,193

In 2026, houses in Gage Park Chicago, IL will be offered at an average price of $200 per square foot. A 1,500 sqft home priced at $380,425 is 24.10% more expensive per square foot than a 3,900 sqft home priced at $809,266. Home prices in Gage 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 $560,261. Sellers who can wait longer may achieve a higher price of up to $684,764.

FAQ – Home Values in Gage Park Chicago

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

In 2026, the typical home value in Gage Park Chicago is about $270,354 for an average home size of 1419 square feet. This corresponds to an average price of roughly $200 per square foot.

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

In 2026, homes in Gage Park Chicago sell for an average of around $200 per square foot, with a typical range between $190 and $210 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Gage Park?

The average home size in Gage Park Chicago is about 1419 square feet, with an estimated 2026 value around $270,354.



Neighborhoods close to Gage Park Chicago, IL

Garfield Ridge Chicago, IL168 $ / 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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