House Prices

Illinois Center Chicago, IL House Prices & Home Values 2026


Average Data

average house price$798,598
average size per house1262 ft²
average price per ft²596 $ / ft²

04/15/2026 - The value range (VR) for house prices in Illinois Center Chicago, IL is $566.2/ sqft to $625.8/ sqft. An average home with 1262 sqft costs approximately $672,387 to $743,164. Chicago, IL includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60601, while the highest are in ZIP 60601. The average price per sqare feet is $596. Our analysis is based on 13 property listings.

Avergage prices by ZIP codes Illinois Center Chicago

60601618 $ / ft²




Historical development of home values in Illinois Center Chicago

Year Estimated value (USD) Change vs. 2025
2010 $370,883 -53.6%
2011 $356,541 -55.4%
2012 $355,581 -55.5%
2013 $368,872 -53.8%
2014 $387,214 -51.5%
2015 $407,087 -49.0%
2016 $428,332 -46.4%
2017 $451,451 -43.5%
2018 $476,409 -40.3%
2019 $498,499 -37.6%
2020 $524,270 -34.4%
2021 $596,300 -25.3%
2022 $695,152 -13.0%
2023 $733,070 -8.2%
2024 $775,479 -2.9%
2025 $798,598 0.0%

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



Example: 100% financing house in Illinois Center Chicago

Loan amount: $798,598

Interest rate: 5.65%

Fixed monthly payment: $4,607.77

Breakdown in the 1st month:
Interest portion: $3,757.40  â€“  Principal portion: $850.37

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $44,820.59 $10,472.70 $788,125.30
2 $44,213.76 $11,079.53 $777,045.77
3 $43,571.76 $11,721.53 $765,324.24
4 $42,892.57 $12,400.72 $752,923.52
5 $42,174.02 $13,119.27 $739,804.25
6 $41,413.83 $13,879.46 $725,924.79
7 $40,609.60 $14,683.69 $711,241.10
8 $39,758.77 $15,534.53 $695,706.57
9 $38,858.63 $16,434.66 $679,271.91
10 $37,906.34 $17,386.96 $661,884.95
11 $36,898.86 $18,394.43 $643,490.52
12 $35,833.01 $19,460.28 $624,030.25
13 $34,705.40 $20,587.89 $603,442.36
14 $33,512.45 $21,780.84 $581,661.52
15 $32,250.38 $23,042.91 $558,618.61
16 $30,915.18 $24,378.11 $534,240.49
17 $29,502.61 $25,790.69 $508,449.80
18 $28,008.19 $27,285.11 $481,164.70
19 $26,427.17 $28,866.12 $452,298.58
20 $24,754.55 $30,538.74 $421,759.84
21 $22,985.01 $32,308.29 $389,451.55
22 $21,112.93 $34,180.37 $355,271.18
23 $19,132.37 $36,160.92 $319,110.26
24 $17,037.06 $38,256.23 $280,854.03
25 $14,820.33 $40,472.96 $240,381.07
26 $12,475.16 $42,818.14 $197,562.93
27 $9,994.09 $45,299.20 $152,263.74
28 $7,369.27 $47,924.02 $104,339.71
29 $4,592.35 $50,700.94 $53,638.77
30 $1,654.52 $53,638.77 $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 Illinois Center Chicago, IL


1500 sqft3900 sqft
Ø selling price$1,017,918$2,165,388
Ø fast selling$925,380$1,948,850
Ø high price sale$1,110,456$2,381,927

In 2026, houses in Illinois Center Chicago, IL will be offered at an average price of $596 per square foot. A 1,500 sqft home priced at $1,017,918 is 21.64% more expensive per square foot than a 3,900 sqft home priced at $2,165,388. Home prices in Illinois Center 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 $1,499,115. Sellers who can wait longer may achieve a higher price of up to $1,832,252.


Illinois Center in Chicago, IL: Neighborhood Guide

Location and Landmarks

The Illinois Center district sits in Chicago?s New Eastside, just east of Michigan Avenue between the Chicago River, Millennium Park, and Lake Shore Drive. This waterfront-adjacent enclave showcases sleek architecture with iconic office towers like 111 East Wacker and 233 North Michigan anchoring the skyline.
From here, you can stroll to Millennium Park, the Chicago Riverwalk, the Lakefront Trail, and Navy Pier in minutes. Pedway connections thread many buildings, providing weather-protected access to nearby attractions and services.

Living & Real Estate

A mix of luxury apartments, condos, and hotels surrounds landscaped spaces, with the adjacent Lakeshore East Park offering playgrounds, dog runs, and quiet lawns.
Residents prize panoramic river, park, and lake views along with concierge-style amenities typical of full-service, doorman buildings. Professionals, pied-à-terre owners, and investors appreciate the walk-to-work convenience on the edge of the Chicago Loop.

Transit, Dining & Business

Commuting is seamless via CTA bus routes, Loop rail connections, and Metra Electric and South Shore Line trains at Millennium Station, all linked by the Chicago Pedway.
Dining ranges from riverfront patios and hotel restaurants to quick-service spots, while Magnificent Mile shopping sits a short walk away. Corporate headquarters, meeting venues, and major hotels such as the Hyatt Regency, Fairmont, and Swissôtel underscore Illinois Center?s role as a premier downtown business hub.



FAQ – Home Values in Illinois Center Chicago

What is the median home value in Illinois Center Chicago in 2026?

In 2026, the typical home value in Illinois Center Chicago is about $798,598 for an average home size of 1262 square feet. This corresponds to an average price of roughly $596 per square foot.

What is the average cost per square foot in Illinois Center Chicago?

In 2026, homes in Illinois Center Chicago sell for an average of around $596 per square foot, with a typical range between $566.2 and $625.8 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Illinois Center?

The average home size in Illinois Center Chicago is about 1262 square feet, with an estimated 2026 value around $798,598.



Neighborhoods close to Illinois Center Chicago, IL

Chicago Lawn Chicago, IL187 $ / ft²
St. Clair Gardens East Saint Louis, IL43 $ / ft²
Tanner Trails North Aurora, IL183 $ / ft²
Downtown Oak Lawn Oak Lawn, IL130 $ / ft²
Bernice Lansing, IL137 $ / ft²
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