House Prices

McCormick Square Chicago, IL House Prices & Home Values 2026


Average Data

average house price$358,817
average size per house1273 ft²
average price per ft²277 $ / ft²

04/15/2026 - The value range (VR) for house prices in McCormick Square Chicago, IL is $263.15/ sqft to $290.85/ sqft. An average home with 1273 sqft costs approximately $328,961 to $363,588. Chicago, IL includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60616, while the highest are in ZIP 60616. The average price per sqare feet is $277. Our analysis is based on 15 property listings.

Avergage prices by ZIP codes McCormick Square Chicago

60616265 $ / ft²




Historical development of home values in McCormick Square Chicago

Year Estimated value (USD) Change vs. 2025
2010 $166,641 -53.6%
2011 $160,197 -55.4%
2012 $159,766 -55.5%
2013 $165,737 -53.8%
2014 $173,979 -51.5%
2015 $182,908 -49.0%
2016 $192,453 -46.4%
2017 $202,841 -43.5%
2018 $214,055 -40.3%
2019 $223,980 -37.6%
2020 $235,559 -34.4%
2021 $267,923 -25.3%
2022 $312,338 -13.0%
2023 $329,375 -8.2%
2024 $348,430 -2.9%
2025 $358,817 0.0%

Graph: estimated home values in McCormick Square Chicago over time (USD)



Example: 100% financing house in McCormick Square Chicago

Loan amount: $358,817

Interest rate: 5.89%

Fixed monthly payment: $2,126.44

Breakdown in the 1st month:
Interest portion: $1,761.79  –  Principal portion: $364.65

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $21,021.37 $4,495.88 $354,321.12
2 $20,749.21 $4,768.05 $349,553.06
3 $20,460.56 $5,056.70 $344,496.37
4 $20,154.44 $5,362.82 $339,133.55
5 $19,829.79 $5,687.47 $333,446.08
6 $19,485.48 $6,031.77 $327,414.30
7 $19,120.33 $6,396.92 $321,017.38
8 $18,733.08 $6,784.18 $314,233.20
9 $18,322.38 $7,194.87 $307,038.33
10 $17,886.83 $7,630.43 $299,407.90
11 $17,424.90 $8,092.36 $291,315.54
12 $16,935.01 $8,582.25 $282,733.29
13 $16,415.46 $9,101.80 $273,631.49
14 $15,864.46 $9,652.80 $263,978.69
15 $15,280.10 $10,237.15 $253,741.53
16 $14,660.37 $10,856.89 $242,884.65
17 $14,003.12 $11,514.13 $231,370.51
18 $13,306.09 $12,211.17 $219,159.34
19 $12,566.85 $12,950.40 $206,208.94
20 $11,782.87 $13,734.39 $192,474.55
21 $10,951.42 $14,565.83 $177,908.72
22 $10,069.65 $15,447.61 $162,461.10
23 $9,134.49 $16,382.77 $146,078.33
24 $8,142.71 $17,374.54 $128,703.79
25 $7,090.90 $18,426.35 $110,277.43
26 $5,975.42 $19,541.84 $90,735.60
27 $4,792.41 $20,724.85 $70,010.74
28 $3,537.78 $21,979.48 $48,031.26
29 $2,207.19 $23,310.06 $24,721.20
30 $796.06 $24,721.20 $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 McCormick Square Chicago, IL


1500 sqft3900 sqft
Ø selling price$493,706$1,050,247
Ø fast selling$448,824$945,222
Ø high price sale$538,588$1,155,271

In 2026, houses in McCormick Square Chicago, IL will be offered at an average price of $277 per square foot. A 1,500 sqft home priced at $493,706 is 22.59% more expensive per square foot than a 3,900 sqft home priced at $1,050,247. Home prices in McCormick Square 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 $727,094. Sellers who can wait longer may achieve a higher price of up to $888,670.

FAQ – Home Values in McCormick Square Chicago

What is the median home value in McCormick Square Chicago in 2026?

In 2026, the typical home value in McCormick Square Chicago is about $358,817 for an average home size of 1273 square feet. This corresponds to an average price of roughly $277 per square foot.

What is the average cost per square foot in McCormick Square Chicago?

In 2026, homes in McCormick Square Chicago sell for an average of around $277 per square foot, with a typical range between $263.15 and $290.85 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in McCormick Square?

The average home size in McCormick Square Chicago is about 1273 square feet, with an estimated 2026 value around $358,817.



Neighborhoods close to McCormick Square Chicago, IL

Chicago Lawn Chicago, IL187 $ / ft²
St. Clair Gardens East Saint Louis, IL43 $ / ft²
Hyde Park Chicago, IL158 $ / ft²
Tanner Trails North Aurora, IL183 $ / ft²
Downtown Oak Lawn Oak Lawn, IL130 $ / ft²
  imprint  Privacy