House Prices

Riis Park Chicago, IL House Prices & Home Values 2026


Average Data

average house price$227,440
average size per house1234 ft²
average price per ft²168 $ / ft²

04/15/2026 - The value range (VR) for house prices in Riis Park Chicago, IL is $159.6/ sqft to $176.4/ sqft. An average home with 1234 sqft costs approximately $179,222 to $198,087. Chicago, IL includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60639, while the highest are in ZIP 60639. The average price per sqare feet is $168. Our analysis is based on 3 property listings.

Avergage prices by ZIP codes Riis Park Chicago

60639177 $ / ft²




Historical development of home values in Riis Park Chicago

Year Estimated value (USD) Change vs. 2025
2010 $105,627 -53.6%
2011 $101,543 -55.4%
2012 $101,269 -55.5%
2013 $105,054 -53.8%
2014 $110,278 -51.5%
2015 $115,938 -49.0%
2016 $121,989 -46.4%
2017 $128,573 -43.5%
2018 $135,681 -40.3%
2019 $141,972 -37.6%
2020 $149,312 -34.4%
2021 $169,826 -25.3%
2022 $197,979 -13.0%
2023 $208,778 -8.2%
2024 $220,856 -2.9%
2025 $227,440 0.0%

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



Example: 100% financing house in Riis Park Chicago

Loan amount: $227,440

Interest rate: 5.46%

Fixed monthly payment: $1,285.68

Breakdown in the 1st month:
Interest portion: $1,034.85  –  Principal portion: $250.83

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $12,341.75 $3,086.38 $224,353.62
2 $12,168.95 $3,259.18 $221,094.45
3 $11,986.48 $3,441.65 $217,652.80
4 $11,793.79 $3,634.34 $214,018.46
5 $11,590.31 $3,837.81 $210,180.64
6 $11,375.44 $4,052.68 $206,127.96
7 $11,148.54 $4,279.58 $201,848.38
8 $10,908.94 $4,519.18 $197,329.19
9 $10,655.92 $4,772.20 $192,556.99
10 $10,388.74 $5,039.38 $187,517.61
11 $10,106.60 $5,321.53 $182,196.08
12 $9,808.66 $5,619.46 $176,576.62
13 $9,494.04 $5,934.08 $170,642.54
14 $9,161.81 $6,266.32 $164,376.22
15 $8,810.98 $6,617.15 $157,759.07
16 $8,440.50 $6,987.63 $150,771.45
17 $8,049.28 $7,378.84 $143,392.61
18 $7,636.16 $7,791.97 $135,600.64
19 $7,199.91 $8,228.22 $127,372.42
20 $6,739.23 $8,688.89 $118,683.53
21 $6,252.77 $9,175.36 $109,508.17
22 $5,739.06 $9,689.06 $99,819.11
23 $5,196.60 $10,231.53 $89,587.58
24 $4,623.76 $10,804.36 $78,783.22
25 $4,018.85 $11,409.27 $67,373.95
26 $3,380.08 $12,048.04 $55,325.90
27 $2,705.54 $12,722.58 $42,603.32
28 $1,993.24 $13,434.89 $29,168.43
29 $1,241.06 $14,187.07 $14,981.36
30 $446.76 $14,981.36 $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 Riis Park Chicago, IL


1500 sqft3900 sqft
Ø selling price$277,478$590,270
Ø fast selling$252,253$531,243
Ø high price sale$302,703$649,297

In 2026, houses in Riis Park Chicago, IL will be offered at an average price of $168 per square foot. A 1,500 sqft home priced at $277,478 is 20.93% more expensive per square foot than a 3,900 sqft home priced at $590,270. Home prices in Riis 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 $408,649. Sellers who can wait longer may achieve a higher price of up to $499,459.


Riis Park Neighborhood in Chicago, IL

Overview

Riis Park in Chicago, IL anchors the Belmont Cragin neighborhood on the Northwest Side.
Named after social reformer Jacob Riis, the park is a historic green space that draws families, athletes, and nature lovers year-round.

Its central location between Fullerton Avenue, Diversey Avenue, Central Avenue, and Narragansett Avenue makes it a convenient community hub.

Visitors appreciate the blend of mature trees, open fields, and well-kept facilities that define Riis Park Chicago.

Recreation and Amenities

The park features a classic fieldhouse, a large outdoor pool complex, sports fields, tennis and basketball courts, playgrounds, and walking paths.

Seasonal programming ranges from youth athletics and day camps to fitness classes and cultural events offered through the Chicago Park District.

Well-lit areas and active recreation create a welcoming atmosphere that supports healthy, family-friendly lifestyles.

Lifestyle, Transit, and Nearby Attractions

Access is easy via CTA bus routes along Fullerton, Diversey, and Narragansett, and ample street parking serves weekend games and gatherings.

Shoppers and diners frequent nearby destinations like The Brickyard and local Belmont Cragin businesses, adding convenience to everyday life.

Housing options around Riis Park include classic Chicago bungalows, two-flats, and apartments, making the area attractive for buyers and renters seeking value and neighborhood charm.



FAQ – Home Values in Riis Park Chicago

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

In 2026, the typical home value in Riis Park Chicago is about $227,440 for an average home size of 1234 square feet. This corresponds to an average price of roughly $168 per square foot.

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

In 2026, homes in Riis Park Chicago sell for an average of around $168 per square foot, with a typical range between $159.6 and $176.4 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Riis Park?

The average home size in Riis Park Chicago is about 1234 square feet, with an estimated 2026 value around $227,440.



Neighborhoods close to Riis Park Chicago, IL

Portage Park Chicago, IL243 $ / ft²
St. Clair Gardens East Saint Louis, IL43 $ / ft²
Chicago Lawn Chicago, IL187 $ / ft²
Tanner Trails North Aurora, IL183 $ / ft²
Downtown Oak Lawn Oak Lawn, IL130 $ / ft²




  imprint  Privacy