Lower West Side Chicago, IL House Prices & Home Values 2026

Average Data

average house price	$388,952
average size per house	1468 ft²
average price per ft²	285 $ / ft²

04/15/2026 - The value range (VR) for house prices in Lower West Side Chicago, IL is $270.75/ sqft to $299.25/ sqft. An average home with 1468 sqft costs approximately $427,271 to $472,247. Chicago, IL includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60608, while the highest are in ZIP 60608. The average price per sqare feet is $285. Our analysis is based on 13 property listings.

Avergage prices by ZIP codes Lower West Side Chicago

60608

340 $ / ft²

Historical development of home values in Lower West Side Chicago

Year	Estimated value (USD)	Change vs. 2025
2010	$180,636	-53.6%
2011	$173,651	-55.4%
2012	$173,184	-55.5%
2013	$179,657	-53.8%
2014	$188,590	-51.5%
2015	$198,269	-49.0%
2016	$208,616	-46.4%
2017	$219,876	-43.5%
2018	$232,032	-40.3%
2019	$242,791	-37.6%
2020	$255,342	-34.4%
2021	$290,424	-25.3%
2022	$338,569	-13.0%
2023	$357,037	-8.2%
2024	$377,692	-2.9%
2025	$388,952	0.0%

Graph: estimated home values in Lower West Side Chicago over time (USD)

Example: 100% financing house in Lower West Side Chicago

Loan amount: $388,952

Interest rate: 6.45%

Fixed monthly payment: $2,445.67

Breakdown in the 1st month:
Interest portion: $2,090.62 – Principal portion: $355.05

Yearly breakdown (100% financing)

Year	Interest per year ($)	Principal per year ($)	Remaining balance at year-end ($)
1	$24,959.17	$4,388.82	$384,563.18
2	$24,667.57	$4,680.42	$379,882.76
3	$24,356.59	$4,991.39	$374,891.37
4	$24,024.96	$5,323.03	$369,568.34
5	$23,671.29	$5,676.70	$363,891.65
6	$23,294.12	$6,053.86	$357,837.79
7	$22,891.90	$6,456.09	$351,381.70
8	$22,462.94	$6,885.04	$344,496.65
9	$22,005.49	$7,342.49	$337,154.16
10	$21,517.65	$7,830.34	$329,323.82
11	$20,997.39	$8,350.60	$320,973.23
12	$20,442.56	$8,905.42	$312,067.81
13	$19,850.88	$9,497.11	$302,570.70
14	$19,219.87	$10,128.11	$292,442.59
15	$18,546.95	$10,801.04	$281,641.55
16	$17,829.31	$11,518.67	$270,122.88
17	$17,064.00	$12,283.99	$257,838.89
18	$16,247.83	$13,100.15	$244,738.74
19	$15,377.44	$13,970.54	$230,768.19
20	$14,449.22	$14,898.77	$215,869.43
21	$13,459.32	$15,888.66	$199,980.77
22	$12,403.66	$16,944.33	$183,036.44
23	$11,277.86	$18,070.13	$164,966.31
24	$10,077.25	$19,270.73	$145,695.58
25	$8,796.88	$20,551.11	$125,144.47
26	$7,431.44	$21,916.55	$103,227.92
27	$5,975.27	$23,372.72	$79,855.20
28	$4,422.35	$24,925.63	$54,929.57
29	$2,766.26	$26,581.72	$28,347.85
30	$1,000.14	$28,347.85	$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 Lower West Side Chicago, IL

	1500 sqft	3900 sqft
Ø selling price	$556,071	$1,182,914
Ø fast selling	$505,519	$1,064,623
Ø high price sale	$606,623	$1,301,206

In 2026, houses in Lower West Side Chicago, IL will be offered at an average price of $285 per square foot. A 1,500 sqft home priced at $556,071 is 24.72% more expensive per square foot than a 3,900 sqft home priced at $1,182,914. Home prices in Lower West Side 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 $818,941. Sellers who can wait longer may achieve a higher price of up to $1,000,928.

Lower West Side, Chicago, IL Neighborhood Guide

Overview

The Lower West Side in Chicago, IL?home to the vibrant Pilsen and Heart of Chicago enclaves?blends historic roots with creative energy. This culturally rich community area sits just southwest of the Loop, offering quick access to downtown and the Illinois Medical District. Visitors and residents are drawn by colorful street murals along 16th Street and a lively calendar of festivals and neighborhood events.

Culture and Attractions

A signature attraction is the National Museum of Mexican Art in Harrison Park, showcasing world-class exhibitions celebrating Mexican and Mexican-American culture. Historic Thalia Hall anchors 18th Street with concerts, dining, and a landmarked architectural presence. Parks like Harrison Park provide sports facilities, a fieldhouse, and family-friendly programming year-round.

Dining and Shopping

Food lovers flock to authentic taquerias, panader�as, and coffee shops on 18th Street, while the Heart of Italy along South Oakley offers classic Italian restaurants. Art galleries, boutiques, and local markets make shopping in the Lower West Side Chicago neighborhood a uniquely local experience.

Living and Getting Around

Housing options range from vintage worker cottages and greystones to lofts in converted warehouses, appealing to first-time buyers and longtime Chicagoans alike. Public transportation is straightforward with CTA Pink Line stops at 18th and Damen, plus bike-friendly streets that boost the area?s walkability and convenience.

FAQ – Home Values in Lower West Side Chicago

What is the median home value in Lower West Side Chicago in 2026?

In 2026, the typical home value in Lower West Side Chicago is about $388,952 for an average home size of 1468 square feet. This corresponds to an average price of roughly $285 per square foot.

What is the average cost per square foot in Lower West Side Chicago?

In 2026, homes in Lower West Side Chicago sell for an average of around $285 per square foot, with a typical range between $270.75 and $299.25 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Lower West Side?

The average home size in Lower West Side Chicago is about 1468 square feet, with an estimated 2026 value around $388,952.

Neighborhoods close to Lower West Side Chicago, IL

Chicago Lawn Chicago, IL	187 $ / ft²
St. Clair Gardens East Saint Louis, IL	43 $ / ft²
South Loop Chicago, IL	377 $ / ft²
Tanner Trails North Aurora, IL	183 $ / ft²
Downtown Oak Lawn Oak Lawn, IL	130 $ / ft²

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