House Prices

Grant Park Chicago, IL House Prices & Home Values 2026


Average Data

average house price$405,606
average size per house1240 ft²
average price per ft²327 $ / ft²

04/15/2026 - The value range (VR) for house prices in Grant Park Chicago, IL is $310.65/ sqft to $343.35/ sqft. An average home with 1240 sqft costs approximately $384,436 to $424,903. 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 $327. Our analysis is based on 16 property listings.

Avergage prices by ZIP codes Grant Park Chicago

60605344 $ / ft²




Historical development of home values in Grant Park Chicago

Year Estimated value (USD) Change vs. 2025
2010 $188,371 -53.6%
2011 $181,086 -55.4%
2012 $180,599 -55.5%
2013 $187,349 -53.8%
2014 $196,665 -51.5%
2015 $206,759 -49.0%
2016 $217,549 -46.4%
2017 $229,291 -43.5%
2018 $241,967 -40.3%
2019 $253,187 -37.6%
2020 $266,275 -34.4%
2021 $302,859 -25.3%
2022 $353,066 -13.0%
2023 $372,324 -8.2%
2024 $393,864 -2.9%
2025 $405,606 0.0%

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



Example: 100% financing house in Grant Park Chicago

Loan amount: $405,606

Interest rate: 5.99%

Fixed monthly payment: $2,428.68

Breakdown in the 1st month:
Interest portion: $2,023.97  –  Principal portion: $404.71

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $24,152.16 $4,992.06 $400,613.94
2 $23,844.89 $5,299.32 $395,314.62
3 $23,518.71 $5,625.50 $389,689.12
4 $23,172.46 $5,971.76 $383,717.36
5 $22,804.89 $6,339.33 $377,378.04
6 $22,414.70 $6,729.52 $370,648.52
7 $22,000.49 $7,143.73 $363,504.79
8 $21,560.78 $7,583.43 $355,921.36
9 $21,094.02 $8,050.20 $347,871.16
10 $20,598.52 $8,545.70 $339,325.47
11 $20,072.52 $9,071.69 $330,253.78
12 $19,514.15 $9,630.07 $320,623.71
13 $18,921.41 $10,222.81 $310,400.90
14 $18,292.18 $10,852.03 $299,548.87
15 $17,624.23 $11,519.98 $288,028.89
16 $16,915.16 $12,229.05 $275,799.84
17 $16,162.45 $12,981.76 $262,818.08
18 $15,363.41 $13,780.80 $249,037.27
19 $14,515.19 $14,629.03 $234,408.25
20 $13,614.76 $15,529.46 $218,878.79
21 $12,658.90 $16,485.31 $202,393.48
22 $11,644.21 $17,500.00 $184,893.48
23 $10,567.07 $18,577.14 $166,316.33
24 $9,423.63 $19,720.59 $146,595.74
25 $8,209.80 $20,934.41 $125,661.33
26 $6,921.27 $22,222.94 $103,438.39
27 $5,553.42 $23,590.79 $79,847.60
28 $4,101.39 $25,042.83 $54,804.77
29 $2,559.97 $26,584.24 $28,220.53
30 $923.69 $28,220.53 $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 Grant Park Chicago, IL


1500 sqft3900 sqft
Ø selling price$592,318$1,260,022
Ø fast selling$538,471$1,134,020
Ø high price sale$646,166$1,386,025

In 2026, houses in Grant Park Chicago, IL will be offered at an average price of $327 per square foot. A 1,500 sqft home priced at $592,318 is 22.95% more expensive per square foot than a 3,900 sqft home priced at $1,260,022. Home prices in Grant 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 $872,323. Sellers who can wait longer may achieve a higher price of up to $1,066,173.


Grant Park Neighborhood, Chicago IL

Overview

Grant Park in Chicago, IL anchors a vibrant downtown neighborhood defined by iconic green space and skyline views.
Located along Lake Michigan, the Grant Park neighborhood offers quick access to the Loop, South Loop, and Museum Campus.

Attractions & Culture

Residents and visitors enjoy marquee attractions like Millennium Park, Buckingham Fountain, and the Art Institute of Chicago.
Seasonal events such as Taste of Chicago and music festivals energize the area and support local businesses.
Outdoor enthusiasts appreciate miles of lakefront trails, landscaped gardens, and family-friendly play areas.

Access & Amenities

Transit is effortless with nearby CTA rail lines, multiple bus routes, and convenient Metra and Divvy connections.
Dining spans chef-driven restaurants, casual cafes, and food trucks that cater to pre-concert crowds and museumgoers.

Real Estate & Lifestyle

Condominiums and luxury high-rises dominate the real estate market, with amenities like doormen, fitness centers, and panoramic lake views.
Professionals, students, and culture lovers choose the Grant Park Chicago area for its walkability, transit options, and around-the-clock activity.
Whether you are exploring things to do in Grant Park Chicago or seeking a central address, this neighborhood delivers an urban lifestyle rooted in world-class parks and culture.



FAQ – Home Values in Grant Park Chicago

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

In 2026, the typical home value in Grant Park Chicago is about $405,606 for an average home size of 1240 square feet. This corresponds to an average price of roughly $327 per square foot.

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

In 2026, homes in Grant Park Chicago sell for an average of around $327 per square foot, with a typical range between $310.65 and $343.35 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Grant Park?

The average home size in Grant Park Chicago is about 1240 square feet, with an estimated 2026 value around $405,606.



Neighborhoods close to Grant 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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