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Margate Park Chicago, IL House Prices & Home Values 2026Average Data
04/15/2026 - The value range (VR) for house prices in Margate Park Chicago, IL is $248.9/ sqft to $275.1/ sqft. An average home with 1547 sqft costs approximately $372,727 to $411,962. Chicago, IL includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60640, while the highest are in ZIP 60640. The average price per sqare feet is $262. Our analysis is based on 10 property listings. Avergage prices by ZIP codes Margate Park Chicago
Historical development of home values in Margate Park Chicago
Graph: estimated home values in Margate Park Chicago over time (USD)Example: 100% financing house in Margate Park ChicagoLoan amount: $417,866 Interest rate: 5.81% Fixed monthly payment: $2,453.97
Breakdown in the 1st month: Yearly breakdown (100% financing)
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 Margate Park Chicago, IL
In 2026, houses in Margate Park Chicago, IL will be offered at an average price of $262 per square foot. A 1,500 sqft home priced at $460,314 is 22.26% more expensive per square foot than a 3,900 sqft home priced at $979,212. Home prices in Margate Park 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 $677,916. Sellers who can wait longer may achieve a higher price of up to $828,564. Margate Park, Chicago IL Neighborhood GuideLocation & VibeMargate Park Chicago is a serene lakefront enclave within the Uptown community on the North Side of Chicago. Bounded by Lake Michigan and tree-lined streets near Lawrence and Foster Avenues, it blends historic charm with urban convenience. Parks & RecreationThe Chicago Park District?s Margate Park and Fieldhouse anchor the area with athletic fields, playgrounds, and year-round classes. Homes & ArchitectureHousing in Margate Park ranges from vintage courtyard condos and elegant Art Deco high-rises on Marine Drive to updated mid-rises and townhomes. Buyers and renters seeking North Side real estate value often find spacious floor plans and lake views at comparatively attractive price points. Dining, Culture & NightlifeA short walk connects you to Uptown landmarks like the Riviera Theatre and Aragon Ballroom, plus the restaurants and cafés of Argyle Street and nearby Andersonville. Local staples include global cuisine, craft cocktails, and weekend farmers markets, creating a lively yet laid-back neighborhood scene. Transportation & Everyday ConvenienceCTA Red Line stations at Argyle and Lawrence, express buses along Marine Drive and Sheridan, and quick Lake Shore Drive access make commuting from Margate Park, Chicago IL straightforward. FAQ – Home Values in Margate Park ChicagoWhat is the median home value in Margate Park Chicago in 2026?In 2026, the typical home value in Margate Park Chicago is about $417,866 for an average home size of 1547 square feet. This corresponds to an average price of roughly $262 per square foot. What is the average cost per square foot in Margate Park Chicago?In 2026, homes in Margate Park Chicago sell for an average of around $262 per square foot, with a typical range between $248.9 and $275.1 per square foot, depending on the property’s location, condition, and lot size. What is the average home size in Margate Park?The average home size in Margate Park Chicago is about 1547 square feet, with an estimated 2026 value around $417,866. Neighborhoods close to Margate Park Chicago, IL
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