House Prices

Historic Prairie Avenue District Chicago, IL House Prices & Home Values 2026


Average Data

average house price$413,735
average size per house1265 ft²
average price per ft²334 $ / ft²

04/15/2026 - The value range (VR) for house prices in Historic Prairie Avenue District Chicago, IL is $317.3/ sqft to $350.7/ sqft. An average home with 1265 sqft costs approximately $408,610 to $451,621. 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 $334. Our analysis is based on 16 property listings.

Avergage prices by ZIP codes Historic Prairie Avenue District Chicago

60605351 $ / ft²




Historical development of home values in Historic Prairie Avenue District Chicago

Year Estimated value (USD) Change vs. 2025
2010 $192,146 -53.6%
2011 $184,716 -55.4%
2012 $184,218 -55.5%
2013 $191,104 -53.8%
2014 $200,607 -51.5%
2015 $210,902 -49.0%
2016 $221,909 -46.4%
2017 $233,886 -43.5%
2018 $246,817 -40.3%
2019 $258,261 -37.6%
2020 $271,612 -34.4%
2021 $308,929 -25.3%
2022 $360,142 -13.0%
2023 $379,786 -8.2%
2024 $401,758 -2.9%
2025 $413,735 0.0%

Graph: estimated home values in Historic Prairie Avenue District Chicago over time (USD)



Example: 100% financing house in Historic Prairie Avenue District Chicago

Loan amount: $413,735

Interest rate: 6.11%

Fixed monthly payment: $2,509.35

Breakdown in the 1st month:
Interest portion: $2,105.91  –  Principal portion: $403.44

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $25,133.08 $4,979.13 $408,755.87
2 $24,820.29 $5,291.92 $403,463.95
3 $24,487.86 $5,624.35 $397,839.59
4 $24,134.54 $5,977.67 $391,861.92
5 $23,759.02 $6,353.19 $385,508.73
6 $23,359.92 $6,752.29 $378,756.45
7 $22,935.75 $7,176.46 $371,579.98
8 $22,484.93 $7,627.28 $363,952.70
9 $22,005.79 $8,106.42 $355,846.28
10 $21,496.55 $8,615.66 $347,230.62
11 $20,955.32 $9,156.89 $338,073.73
12 $20,380.09 $9,732.12 $328,341.60
13 $19,768.72 $10,343.49 $317,998.12
14 $19,118.95 $10,993.26 $307,004.86
15 $18,428.37 $11,683.84 $295,321.02
16 $17,694.39 $12,417.82 $282,903.20
17 $16,914.32 $13,197.89 $269,705.31
18 $16,085.23 $14,026.98 $255,678.33
19 $15,204.07 $14,908.14 $240,770.19
20 $14,267.55 $15,844.66 $224,925.53
21 $13,272.20 $16,840.01 $208,085.52
22 $12,214.32 $17,897.89 $190,187.64
23 $11,089.99 $19,022.22 $171,165.42
24 $9,895.03 $20,217.18 $150,948.24
25 $8,625.00 $21,487.21 $129,461.03
26 $7,275.19 $22,837.02 $106,624.01
27 $5,840.58 $24,271.63 $82,352.38
28 $4,315.86 $25,796.35 $56,556.03
29 $2,695.35 $27,416.86 $29,139.17
30 $973.04 $29,139.17 $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 Historic Prairie Avenue District Chicago, IL


1500 sqft3900 sqft
Ø selling price$617,122$1,312,787
Ø fast selling$561,020$1,181,508
Ø high price sale$673,224$1,444,065

In 2026, houses in Historic Prairie Avenue District Chicago, IL will be offered at an average price of $334 per square foot. A 1,500 sqft home priced at $617,122 is 23.41% more expensive per square foot than a 3,900 sqft home priced at $1,312,787. Home prices in Historic Prairie Avenue District 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 $908,853. Sellers who can wait longer may achieve a higher price of up to $1,110,820.


Historic Prairie Avenue District, Chicago, IL

History & Architecture of Prairie Avenue

The Historic Prairie Avenue District in Chicago, IL is a celebrated Near South Side enclave known for its Gilded Age mansions and landmark architecture. Once called ?Millionaires? Row,? the neighborhood housed industrial titans like George Pullman, Marshall Field, and Philip Armour, shaping Chicago?s late 19th?century economy.
Architectural highlights include the fortresslike Glessner House by H. H. Richardson, the Greek Revival Clarke House, and restored residences such as the Keith House and Kimball House. The area?s Second Empire, Romanesque, and Queen Anne influences reveal how cutting?edge design and technology transformed Prairie Avenue into a status address.

Things to Do and See

Visitors can tour the Glessner House Museum to explore period interiors, craft details, and stories of domestic life in the 1880s.
Tree?lined streets, interpretive plaques, and pocket parks make the district a pleasant, walkable slice of historic Chicago just south of the Loop. Photography lovers will find ornate stonework, bay windows, and carriage?house alleys that showcase the craftsmanship of Chicago?s post?Fire rebuilding era.

Location and Visiting Tips

Today, the Prairie Avenue Historic District blends landmark homes with newer townhomes and condos, creating a quiet residential feel near Museum Campus, Soldier Field, and McCormick Place. For trip planning, aim for afternoon light, pair a tour with nearby lakefront strolls, and check seasonal events hosted by local preservation groups. Whether you?re into architecture, Chicago history, or unique things to do in the South Loop, the Historic Prairie Avenue District offers a memorable, educational urban escape.



FAQ – Home Values in Historic Prairie Avenue District Chicago

What is the median home value in Historic Prairie Avenue District Chicago in 2026?

In 2026, the typical home value in Historic Prairie Avenue District Chicago is about $413,735 for an average home size of 1265 square feet. This corresponds to an average price of roughly $334 per square foot.

What is the average cost per square foot in Historic Prairie Avenue District Chicago?

In 2026, homes in Historic Prairie Avenue District Chicago sell for an average of around $334 per square foot, with a typical range between $317.3 and $350.7 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Historic Prairie Avenue District?

The average home size in Historic Prairie Avenue District Chicago is about 1265 square feet, with an estimated 2026 value around $413,735.



Neighborhoods close to Historic Prairie Avenue District 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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