House Prices

Northerly Island Chicago, IL House Prices & Home Values 2026


Average Data

average house price$432,836
average size per house1323 ft²
average price per ft²349 $ / ft²

04/15/2026 - The value range (VR) for house prices in Northerly Island Chicago, IL is $331.55/ sqft to $366.45/ sqft. An average home with 1323 sqft costs approximately $467,153 to $516,327. 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 $349. Our analysis is based on 16 property listings.

Avergage prices by ZIP codes Northerly Island Chicago

60605367 $ / ft²




Historical development of home values in Northerly Island Chicago

Year Estimated value (USD) Change vs. 2025
2010 $201,017 -53.6%
2011 $193,244 -55.4%
2012 $192,723 -55.5%
2013 $199,927 -53.8%
2014 $209,868 -51.5%
2015 $220,639 -49.0%
2016 $232,154 -46.4%
2017 $244,684 -43.5%
2018 $258,211 -40.3%
2019 $270,184 -37.6%
2020 $284,151 -34.4%
2021 $323,192 -25.3%
2022 $376,769 -13.0%
2023 $397,320 -8.2%
2024 $420,306 -2.9%
2025 $432,836 0.0%

Graph: estimated home values in Northerly Island Chicago over time (USD)



Example: 100% financing house in Northerly Island Chicago

Loan amount: $432,836

Interest rate: 6.39%

Fixed monthly payment: $2,704.58

Breakdown in the 1st month:
Interest portion: $2,304.85  –  Principal portion: $399.73

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $27,515.21 $4,939.76 $427,896.24
2 $27,190.15 $5,264.83 $422,631.41
3 $26,843.70 $5,611.28 $417,020.13
4 $26,474.45 $5,980.53 $411,039.60
5 $26,080.90 $6,374.08 $404,665.53
6 $25,661.45 $6,793.52 $397,872.00
7 $25,214.40 $7,240.57 $390,631.43
8 $24,737.94 $7,717.04 $382,914.39
9 $24,230.12 $8,224.86 $374,689.53
10 $23,688.88 $8,766.10 $365,923.43
11 $23,112.02 $9,342.95 $356,580.48
12 $22,497.21 $9,957.77 $346,622.71
13 $21,841.94 $10,613.04 $336,009.67
14 $21,143.55 $11,311.43 $324,698.24
15 $20,399.20 $12,055.78 $312,642.46
16 $19,605.87 $12,849.11 $299,793.35
17 $18,760.33 $13,694.65 $286,098.71
18 $17,859.15 $14,595.83 $271,502.88
19 $16,898.67 $15,556.30 $255,946.58
20 $15,874.99 $16,579.99 $239,366.59
21 $14,783.94 $17,671.04 $221,695.55
22 $13,621.10 $18,833.88 $202,861.67
23 $12,381.73 $20,073.25 $182,788.43
24 $11,060.81 $21,394.17 $161,394.26
25 $9,652.96 $22,802.01 $138,592.24
26 $8,152.47 $24,302.50 $114,289.74
27 $6,553.25 $25,901.73 $88,388.01
28 $4,848.78 $27,606.20 $60,781.82
29 $3,032.15 $29,422.82 $31,359.00
30 $1,095.98 $31,359.00 $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 Northerly Island Chicago, IL


1500 sqft3900 sqft
Ø selling price$674,609$1,435,076
Ø fast selling$613,281$1,291,569
Ø high price sale$735,937$1,578,584

In 2026, houses in Northerly Island Chicago, IL will be offered at an average price of $349 per square foot. A 1,500 sqft home priced at $674,609 is 24.49% more expensive per square foot than a 3,900 sqft home priced at $1,435,076. Home prices in Northerly Island 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 $993,515. Sellers who can wait longer may achieve a higher price of up to $1,214,295.

FAQ – Home Values in Northerly Island Chicago

What is the median home value in Northerly Island Chicago in 2026?

In 2026, the typical home value in Northerly Island Chicago is about $432,836 for an average home size of 1323 square feet. This corresponds to an average price of roughly $349 per square foot.

What is the average cost per square foot in Northerly Island Chicago?

In 2026, homes in Northerly Island Chicago sell for an average of around $349 per square foot, with a typical range between $331.55 and $366.45 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Northerly Island?

The average home size in Northerly Island Chicago is about 1323 square feet, with an estimated 2026 value around $432,836.



Neighborhoods close to Northerly Island 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
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