House Prices

Museum Park Chicago, IL House Prices & Home Values 2026


Average Data

average house price$391,788
average size per house1198 ft²
average price per ft²316 $ / ft²

04/15/2026 - The value range (VR) for house prices in Museum Park Chicago, IL is $300.2/ sqft to $331.8/ sqft. An average home with 1198 sqft costs approximately $346,693 to $383,187. Chicago, IL includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60605, while the highest are in ZIP 60605. The average price per sqare feet is $316. Our analysis is based on 16 property listings.

Avergage prices by ZIP codes Museum Park Chicago

60605332 $ / ft²




Historical development of home values in Museum Park Chicago

Year Estimated value (USD) Change vs. 2025
2010 $181,953 -53.6%
2011 $174,917 -55.4%
2012 $174,446 -55.5%
2013 $180,967 -53.8%
2014 $189,965 -51.5%
2015 $199,715 -49.0%
2016 $210,137 -46.4%
2017 $221,479 -43.5%
2018 $233,724 -40.3%
2019 $244,561 -37.6%
2020 $257,204 -34.4%
2021 $292,542 -25.3%
2022 $341,038 -13.0%
2023 $359,640 -8.2%
2024 $380,446 -2.9%
2025 $391,788 0.0%

Graph: estimated home values in Museum Park Chicago over time (USD)



Example: 100% financing house in Museum Park Chicago

Loan amount: $391,788

Interest rate: 5.78%

Fixed monthly payment: $2,294.84

Breakdown in the 1st month:
Interest portion: $1,888.42  –  Principal portion: $406.42

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $22,529.63 $5,008.42 $386,779.58
2 $22,232.14 $5,305.92 $381,473.66
3 $21,916.97 $5,621.08 $375,852.58
4 $21,583.09 $5,954.96 $369,897.62
5 $21,229.38 $6,308.67 $363,588.95
6 $20,854.65 $6,683.40 $356,905.55
7 $20,457.67 $7,080.38 $349,825.17
8 $20,037.11 $7,500.94 $342,324.23
9 $19,591.57 $7,946.48 $334,377.75
10 $19,119.56 $8,418.49 $325,959.25
11 $18,619.52 $8,918.54 $317,040.72
12 $18,089.77 $9,448.28 $307,592.44
13 $17,528.56 $10,009.49 $297,582.94
14 $16,934.01 $10,604.04 $286,978.91
15 $16,304.15 $11,233.90 $275,745.01
16 $15,636.88 $11,901.17 $263,843.83
17 $14,929.97 $12,608.08 $251,235.75
18 $14,181.07 $13,356.98 $237,878.77
19 $13,387.69 $14,150.36 $223,728.41
20 $12,547.18 $14,990.87 $208,737.54
21 $11,656.75 $15,881.30 $192,856.24
22 $10,713.43 $16,824.62 $176,031.62
23 $9,714.08 $17,823.97 $158,207.64
24 $8,655.36 $18,882.69 $139,324.96
25 $7,533.77 $20,004.29 $119,320.67
26 $6,345.55 $21,192.50 $98,128.17
27 $5,086.75 $22,451.30 $75,676.86
28 $3,753.18 $23,784.87 $51,891.99
29 $2,340.40 $25,197.65 $26,694.35
30 $843.71 $26,694.35 $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 Museum Park Chicago, IL


1500 sqft3900 sqft
Ø selling price$552,893$1,176,154
Ø fast selling$502,630$1,058,538
Ø high price sale$603,156$1,293,769

In 2026, houses in Museum Park Chicago, IL will be offered at an average price of $316 per square foot. A 1,500 sqft home priced at $552,893 is 22.17% more expensive per square foot than a 3,900 sqft home priced at $1,176,154. Home prices in Museum 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 $814,260. Sellers who can wait longer may achieve a higher price of up to $995,207.


Museum Park, Chicago, IL Neighborhood Guide

Location and Lifestyle

Located in Chicago?s South Loop, Museum Park in Chicago, IL blends luxury high-rises with lakefront living. Residents enjoy skyline views, walkability, and quick access to downtown offices and universities.


Attractions and Parks

The neighborhood borders the Museum Campus?Field Museum, Shedd Aquarium, and Adler Planetarium?making weekend outings effortless. Grant Park, the Lakefront Trail, and nearby Northerly Island deliver year-round recreation and festivals.


Real Estate and Architecture

Museum Park real estate features contemporary condos, full-amenity towers, and townhomes with sweeping Lake Michigan views. On-site gyms, pools, lounges, and 24/7 door staff cater to buyers and renters seeking convenience and security.


Dining, Shopping, and Culture

South Loop dining ranges from casual cafes to chef-driven restaurants, with grocery options and boutiques within minutes. Cultural attractions, public art, and seasonal events enhance the neighborhood?s vibrant, family-friendly vibe.


Transportation and Accessibility

Transit is easy with Metra and CTA Red/Green/Orange Line stations, plus quick expressway access to I-55 and I-90/94. Cyclists and pedestrians benefit from protected bike lanes, Divvy stations, and well-lit streets along Grant Park and the lake.



FAQ – Home Values in Museum Park Chicago

What is the median home value in Museum Park Chicago in 2026?

In 2026, the typical home value in Museum Park Chicago is about $391,788 for an average home size of 1198 square feet. This corresponds to an average price of roughly $316 per square foot.

What is the average cost per square foot in Museum Park Chicago?

In 2026, homes in Museum Park Chicago sell for an average of around $316 per square foot, with a typical range between $300.2 and $331.8 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Museum Park?

The average home size in Museum Park Chicago is about 1198 square feet, with an estimated 2026 value around $391,788.



Neighborhoods close to Museum Park Chicago, IL

Chicago Lawn Chicago, IL187 $ / ft²
St. Clair Gardens East Saint Louis, IL43 $ / ft²
The Loop Chicago, IL678 $ / ft²
Tanner Trails North Aurora, IL183 $ / ft²
Downtown Oak Lawn Oak Lawn, IL130 $ / ft²




  imprint  Privacy