House Prices

Illinois Medical District Chicago, IL House Prices & Home Values 2026


Average Data

average house price$358,543
average size per house1810 ft²
average price per ft²183 $ / ft²

04/15/2026 - The value range (VR) for house prices in Illinois Medical District Chicago, IL is $173.85/ sqft to $192.15/ sqft. An average home with 1810 sqft costs approximately $290,125 to $320,664. Chicago, IL includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60612, while the highest are in ZIP 60612. The average price per sqare feet is $183. Our analysis is based on 8 property listings.

Avergage prices by ZIP codes Illinois Medical District Chicago

60612156 $ / ft²




Historical development of home values in Illinois Medical District Chicago

Year Estimated value (USD) Change vs. 2025
2010 $166,514 -53.6%
2011 $160,075 -55.4%
2012 $159,644 -55.5%
2013 $165,611 -53.8%
2014 $173,846 -51.5%
2015 $182,768 -49.0%
2016 $192,306 -46.4%
2017 $202,686 -43.5%
2018 $213,891 -40.3%
2019 $223,809 -37.6%
2020 $235,379 -34.4%
2021 $267,718 -25.3%
2022 $312,099 -13.0%
2023 $329,123 -8.2%
2024 $348,163 -2.9%
2025 $358,543 0.0%

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



Example: 100% financing house in Illinois Medical District Chicago

Loan amount: $358,543

Interest rate: 5.53%

Fixed monthly payment: $2,042.97

Breakdown in the 1st month:
Interest portion: $1,652.88  –  Principal portion: $390.09

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $19,714.07 $4,801.60 $353,741.40
2 $19,441.60 $5,074.06 $348,667.34
3 $19,153.68 $5,361.99 $343,305.35
4 $18,849.42 $5,666.25 $337,639.10
5 $18,527.89 $5,987.78 $331,651.33
6 $18,188.12 $6,327.55 $325,323.78
7 $17,829.06 $6,686.60 $318,637.17
8 $17,449.63 $7,066.03 $311,571.14
9 $17,048.68 $7,466.99 $304,104.15
10 $16,624.97 $7,890.70 $296,213.46
11 $16,177.21 $8,338.45 $287,875.00
12 $15,704.05 $8,811.61 $279,063.39
13 $15,204.04 $9,311.62 $269,751.77
14 $14,675.66 $9,840.00 $259,911.77
15 $14,117.30 $10,398.37 $249,513.40
16 $13,527.25 $10,988.42 $238,524.98
17 $12,903.71 $11,611.95 $226,913.03
18 $12,244.80 $12,270.86 $214,642.16
19 $11,548.50 $12,967.17 $201,675.00
20 $10,812.68 $13,702.98 $187,972.01
21 $10,035.12 $14,480.55 $173,491.46
22 $9,213.43 $15,302.24 $158,189.23
23 $8,345.11 $16,170.56 $142,018.67
24 $7,427.52 $17,088.14 $124,930.52
25 $6,457.86 $18,057.80 $106,872.72
26 $5,433.18 $19,082.48 $87,790.24
27 $4,350.36 $20,165.31 $67,624.94
28 $3,206.09 $21,309.57 $46,315.36
29 $1,996.89 $22,518.77 $23,796.59
30 $719.08 $23,796.59 $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 Medical District Chicago, IL


1500 sqft3900 sqft
Ø selling price$306,238$651,452
Ø fast selling$278,398$586,306
Ø high price sale$334,078$716,597

In 2026, houses in Illinois Medical District Chicago, IL will be offered at an average price of $183 per square foot. A 1,500 sqft home priced at $306,238 is 21.21% more expensive per square foot than a 3,900 sqft home priced at $651,452. Home prices in Illinois Medical 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 $451,005. Sellers who can wait longer may achieve a higher price of up to $551,228.

FAQ – Home Values in Illinois Medical District Chicago

What is the median home value in Illinois Medical District Chicago in 2026?

In 2026, the typical home value in Illinois Medical District Chicago is about $358,543 for an average home size of 1810 square feet. This corresponds to an average price of roughly $183 per square foot.

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

In 2026, homes in Illinois Medical District Chicago sell for an average of around $183 per square foot, with a typical range between $173.85 and $192.15 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Illinois Medical District?

The average home size in Illinois Medical District Chicago is about 1810 square feet, with an estimated 2026 value around $358,543.



Neighborhoods close to Illinois Medical District Chicago, IL

Chicago Lawn Chicago, IL187 $ / ft²
St. Clair Gardens East Saint Louis, IL43 $ / ft²
Old Town Chicago, IL608 $ / ft²
Tanner Trails North Aurora, IL183 $ / ft²
Downtown Oak Lawn Oak Lawn, IL130 $ / ft²
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