House Prices

Little Italy Chicago, IL House Prices & Home Values 2026


Average Data

average house price$1,649,416
average size per house1121 ft²
average price per ft²1616 $ / ft²

04/15/2026 - The value range (VR) for house prices in Little Italy Chicago, IL is $1535.2/ sqft to $1696.8/ sqft. An average home with 1121 sqft costs approximately $1,889,614 to $2,088,520. Chicago, IL includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60607, while the highest are in ZIP 60607. The average price per sqare feet is $1616. Our analysis is based on 13 property listings.

Avergage prices by ZIP codes Little Italy Chicago

606073426 $ / ft²




Historical development of home values in Little Italy Chicago

Year Estimated value (USD) Change vs. 2025
2010 $766,019 -53.6%
2011 $736,397 -55.4%
2012 $734,414 -55.5%
2013 $761,864 -53.8%
2014 $799,748 -51.5%
2015 $840,794 -49.0%
2016 $884,672 -46.4%
2017 $932,421 -43.5%
2018 $983,971 -40.3%
2019 $1,029,596 -37.6%
2020 $1,082,821 -34.4%
2021 $1,231,592 -25.3%
2022 $1,435,760 -13.0%
2023 $1,514,075 -8.2%
2024 $1,601,667 -2.9%
2025 $1,649,416 0.0%

Graph: estimated home values in Little Italy Chicago over time (USD)



Example: 100% financing house in Little Italy Chicago

Loan amount: $1,649,416

Interest rate: 6.59%

Fixed monthly payment: $10,521.07

Breakdown in the 1st month:
Interest portion: $9,055.29  –  Principal portion: $1,465.78

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $108,122.58 $18,130.27 $1,631,285.73
2 $106,891.42 $19,361.43 $1,611,924.30
3 $105,576.66 $20,676.19 $1,591,248.11
4 $104,172.62 $22,080.23 $1,569,167.88
5 $102,673.24 $23,579.61 $1,545,588.27
6 $101,072.04 $25,180.81 $1,520,407.46
7 $99,362.11 $26,890.74 $1,493,516.72
8 $97,536.06 $28,716.79 $1,464,799.93
9 $95,586.02 $30,666.83 $1,434,133.10
10 $93,503.55 $32,749.30 $1,401,383.81
11 $91,279.68 $34,973.17 $1,366,410.63
12 $88,904.78 $37,348.06 $1,329,062.57
13 $86,368.62 $39,884.23 $1,289,178.34
14 $83,660.24 $42,592.61 $1,246,585.74
15 $80,767.94 $45,484.91 $1,201,100.83
16 $77,679.24 $48,573.61 $1,152,527.22
17 $74,380.80 $51,872.05 $1,100,655.16
18 $70,858.37 $55,394.48 $1,045,260.68
19 $67,096.74 $59,156.11 $986,104.57
20 $63,079.68 $63,173.17 $922,931.41
21 $58,789.84 $67,463.01 $855,468.40
22 $54,208.69 $72,044.16 $783,424.23
23 $49,316.45 $76,936.40 $706,487.83
24 $44,092.00 $82,160.85 $624,326.98
25 $38,512.78 $87,740.07 $536,586.91
26 $32,554.69 $93,698.16 $442,888.75
27 $26,192.01 $100,060.84 $342,827.91
28 $19,397.27 $106,855.58 $235,972.33
29 $12,141.12 $114,111.73 $121,860.61
30 $4,392.24 $121,860.61 $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 Little Italy Chicago, IL


1500 sqft3900 sqft
Ø selling price$3,220,478$6,850,835
Ø fast selling$2,927,708$6,165,752
Ø high price sale$3,513,249$7,535,919

In 2026, houses in Little Italy Chicago, IL will be offered at an average price of $1616 per square foot. A 1,500 sqft home priced at $3,220,478 is 25.25% more expensive per square foot than a 3,900 sqft home priced at $6,850,835. Home prices in Little Italy 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 $4,742,886. Sellers who can wait longer may achieve a higher price of up to $5,796,861.


Explore Little Italy in Chicago, IL

Neighborhood Overview

Little Italy Chicago is a historic, walkable enclave on the Near West Side centered around bustling Taylor Street.
Anchored by the University of Illinois at Chicago, the neighborhood blends old-world charm with a youthful, urban energy.

Dining and Culture

Food lovers come for classic Italian restaurants, cozy trattorias, and beloved bakeries serving cannoli, gelato, and espresso.
Cultural touchstones like the Shrine of Our Lady of Pompeii and the nearby Jane Addams Hull-House Museum honor the area's immigrant and social reform heritage.
Colorful murals, sidewalk patios, and annual Taylor Street Festa Italiana add lively street culture and year-round things to do.

Things to Do and Amenities

Green spaces such as Arrigo Park provide skyline views, playgrounds, and room for picnics and neighborhood events.
Residents and visitors enjoy easy access via the UIC-Halsted Blue Line, Divvy bikes, and convenient bus routes to the Loop and Medical District.

Housing and Lifestyle

Housing options range from classic greystones and brick walk-ups to modern condos, student apartments, and townhomes.
The community attracts students, medical professionals, and families seeking short commutes, local shops, and a friendly, village-like feel.

Why Visit or Live Here

Whether you?re planning a food crawl, exploring Chicago history, or considering real estate, Little Italy offers an authentic, centrally located Chicago experience.



FAQ – Home Values in Little Italy Chicago

What is the median home value in Little Italy Chicago in 2026?

In 2026, the typical home value in Little Italy Chicago is about $1,649,416 for an average home size of 1121 square feet. This corresponds to an average price of roughly $1616 per square foot.

What is the average cost per square foot in Little Italy Chicago?

In 2026, homes in Little Italy Chicago sell for an average of around $1616 per square foot, with a typical range between $1535.2 and $1696.8 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Little Italy?

The average home size in Little Italy Chicago is about 1121 square feet, with an estimated 2026 value around $1,649,416.



Neighborhoods close to Little Italy Chicago, IL

Chicago Lawn Chicago, IL187 $ / ft²
St. Clair Gardens East Saint Louis, IL43 $ / ft²
South Loop Chicago, IL377 $ / ft²
Tanner Trails North Aurora, IL183 $ / ft²
Downtown Oak Lawn Oak Lawn, IL130 $ / ft²
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