House Prices

Old Town Chicago, IL House Prices & Home Values 2026


Average Data

average house price$777,577
average size per house1669 ft²
average price per ft²499 $ / ft²

04/04/2026 - The value range (VR) for house prices in Old Town Chicago, IL is $474.05/ sqft to $523.95/ sqft. An average home with 1669 sqft costs approximately $845,782 to $934,812. Chicago, IL includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60610, while the highest are in ZIP 60610. The average price per sqare feet is $499. Our analysis is based on 15 property listings.

Avergage prices by ZIP codes Old Town Chicago

60610608 $ / ft²




Historical development of home values in Old Town Chicago

Year Estimated value (USD) Change vs. 2025
2010 $361,121 -53.6%
2011 $347,156 -55.4%
2012 $346,222 -55.5%
2013 $359,162 -53.8%
2014 $377,022 -51.5%
2015 $396,372 -49.0%
2016 $417,057 -46.4%
2017 $439,567 -43.5%
2018 $463,869 -40.3%
2019 $485,378 -37.6%
2020 $510,470 -34.4%
2021 $580,604 -25.3%
2022 $676,854 -13.0%
2023 $713,774 -8.2%
2024 $755,067 -2.9%
2025 $777,577 0.0%

Graph: estimated home values in Old Town Chicago over time (USD)



Example: 100% financing house in Old Town Chicago

Loan amount: $777,577

Interest rate: 6.41%

Fixed monthly payment: $4,870.92

Breakdown in the 1st month:
Interest portion: $4,156.15  –  Principal portion: $714.77

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $49,617.09 $8,833.95 $768,743.05
2 $49,033.53 $9,417.52 $759,325.53
3 $48,411.41 $10,039.63 $749,285.90
4 $47,748.19 $10,702.85 $738,583.05
5 $47,041.17 $11,409.87 $727,173.18
6 $46,287.44 $12,163.60 $715,009.58
7 $45,483.92 $12,967.13 $702,042.45
8 $44,627.31 $13,823.73 $688,218.72
9 $43,714.12 $14,736.92 $673,481.81
10 $42,740.61 $15,710.43 $657,771.37
11 $41,702.79 $16,748.26 $641,023.12
12 $40,596.40 $17,854.64 $623,168.48
13 $39,416.93 $19,034.11 $604,134.37
14 $38,159.55 $20,291.49 $583,842.88
15 $36,819.10 $21,631.94 $562,210.94
16 $35,390.11 $23,060.94 $539,150.00
17 $33,866.71 $24,584.33 $514,565.67
18 $32,242.68 $26,208.36 $488,357.31
19 $30,511.37 $27,939.67 $460,417.63
20 $28,665.68 $29,785.36 $430,632.28
21 $26,698.08 $31,752.96 $398,879.31
22 $24,600.49 $33,850.55 $365,028.76
23 $22,364.34 $36,086.70 $328,942.06
24 $19,980.47 $38,470.58 $290,471.48
25 $17,439.12 $41,011.92 $249,459.56
26 $14,729.89 $43,721.15 $205,738.40
27 $11,841.69 $46,609.35 $159,129.05
28 $8,762.69 $49,688.35 $109,440.70
29 $5,480.30 $52,970.74 $56,469.96
30 $1,981.08 $56,469.96 $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 Old Town Chicago, IL


1500 sqft3900 sqft
Ø selling price$968,178$2,059,578
Ø fast selling$880,162$1,853,620
Ø high price sale$1,056,194$2,265,535

In 2026, houses in Old Town Chicago, IL will be offered at an average price of $499 per square foot. A 1,500 sqft home priced at $968,178 is 24.59% more expensive per square foot than a 3,900 sqft home priced at $2,059,578. Home prices in Old Town 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 $1,425,862. Sellers who can wait longer may achieve a higher price of up to $1,742,720.


Old Town, Chicago Neighborhood Guide

Overview

Old Town in Chicago, IL blends historic charm with urban energy just north of downtown.

History & Character

Known for its post?Great Fire rebuilding and 19th-century streets, the area preserves a village-like feel within the city.

Landmarks like St. Michael's Church and The Second City comedy theater anchor Old Town's cultural legacy.

Architecture & Streetscape

Tree-lined blocks showcase Victorian and cottage-style homes alongside tasteful new construction, creating a picturesque streetscape.

The pedestrian-friendly Wells Street corridor features brick facades, gas lamps, and eye-catching storefronts.

Dining & Nightlife

Wells Street and North Avenue offer acclaimed restaurants, classic pubs, patios, and cocktail bars that buzz late into the evening.
Local coffee shops and bakeries add daytime energy, making Old Town a favorite for brunch and casual bites.

Shopping & Arts

Boutiques, galleries, and wellness studios make it easy to shop local while browsing one-of-a-kind finds.

Parks, Transit & Convenience

Residents enjoy quick access to Lake Michigan, Lincoln Park, and CTA Brown and Red Line stations for stress-free commuting.

With walkability, safety initiatives, and community events like the Old Town Art Fair, the neighborhood offers a balanced, vibrant lifestyle.



FAQ – Home Values in Old Town Chicago

What is the median home value in Old Town Chicago in 2026?

In 2026, the typical home value in Old Town Chicago is about $777,577 for an average home size of 1669 square feet. This corresponds to an average price of roughly $499 per square foot.

What is the average cost per square foot in Old Town Chicago?

In 2026, homes in Old Town Chicago sell for an average of around $499 per square foot, with a typical range between $474.05 and $523.95 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Old Town?

The average home size in Old Town Chicago is about 1669 square feet, with an estimated 2026 value around $777,577.



Neighborhoods close to Old Town Chicago, IL

Chicago Lawn Chicago, IL187 $ / ft²
St. Clair Gardens East Saint Louis, IL43 $ / ft²
South Loop Chicago, IL377 $ / ft²
Tanner Trails North Aurora, IL183 $ / ft²
Downtown Oak Lawn Oak Lawn, IL130 $ / ft²




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