House Prices

South Chicago Chicago, IL House Prices & Home Values 2026


Average Data

average house price$210,640
average size per house1981 ft²
average price per ft²109 $ / ft²

04/15/2026 - The value range (VR) for house prices in South Chicago Chicago, IL is $103.55/ sqft to $114.45/ sqft. An average home with 1981 sqft costs approximately $209,236 to $231,260. Chicago, IL includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60617, while the highest are in ZIP 60617. The average price per sqare feet is $109. Our analysis is based on 11 property listings.

Avergage prices by ZIP codes South Chicago Chicago

60617124 $ / ft²




Historical development of home values in South Chicago Chicago

Year Estimated value (USD) Change vs. 2025
2010 $97,825 -53.6%
2011 $94,042 -55.4%
2012 $93,789 -55.5%
2013 $97,295 -53.8%
2014 $102,132 -51.5%
2015 $107,374 -49.0%
2016 $112,978 -46.4%
2017 $119,076 -43.5%
2018 $125,659 -40.3%
2019 $131,485 -37.6%
2020 $138,283 -34.4%
2021 $157,281 -25.3%
2022 $183,355 -13.0%
2023 $193,356 -8.2%
2024 $204,542 -2.9%
2025 $210,640 0.0%

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



Example: 100% financing house in South Chicago Chicago

Loan amount: $210,640

Interest rate: 6.12%

Fixed monthly payment: $1,279.19

Breakdown in the 1st month:
Interest portion: $1,074.26  –  Principal portion: $204.93

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $12,821.00 $2,529.27 $208,110.73
2 $12,661.80 $2,688.48 $205,422.24
3 $12,492.57 $2,857.71 $202,564.53
4 $12,312.68 $3,037.59 $199,526.94
5 $12,121.48 $3,228.80 $196,298.14
6 $11,918.24 $3,432.04 $192,866.10
7 $11,702.20 $3,648.07 $189,218.02
8 $11,472.57 $3,877.71 $185,340.32
9 $11,228.49 $4,121.79 $181,218.53
10 $10,969.03 $4,381.24 $176,837.28
11 $10,693.25 $4,657.03 $172,180.26
12 $10,400.11 $4,950.17 $167,230.09
13 $10,088.52 $5,261.76 $161,968.32
14 $9,757.31 $5,592.97 $156,375.35
15 $9,405.25 $5,945.03 $150,430.33
16 $9,031.03 $6,319.24 $144,111.08
17 $8,633.26 $6,717.02 $137,394.07
18 $8,210.45 $7,139.83 $130,254.24
19 $7,761.03 $7,589.25 $122,664.99
20 $7,283.31 $8,066.97 $114,598.03
21 $6,775.53 $8,574.75 $106,023.28
22 $6,235.78 $9,114.50 $96,908.78
23 $5,662.06 $9,688.22 $87,220.56
24 $5,052.22 $10,298.06 $76,922.50
25 $4,404.00 $10,946.28 $65,976.22
26 $3,714.97 $11,635.31 $54,340.92
27 $2,982.57 $12,367.70 $41,973.21
28 $2,204.07 $13,146.20 $28,827.01
29 $1,376.57 $13,973.71 $14,853.30
30 $496.98 $14,853.30 $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 South Chicago Chicago, IL


1500 sqft3900 sqft
Ø selling price$201,792$429,266
Ø fast selling$183,448$386,340
Ø high price sale$220,137$472,193

In 2026, houses in South Chicago Chicago, IL will be offered at an average price of $109 per square foot. A 1,500 sqft home priced at $201,792 is 23.46% more expensive per square foot than a 3,900 sqft home priced at $429,266. Home prices in South Chicago 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 $297,185. Sellers who can wait longer may achieve a higher price of up to $363,226.


South Chicago Neighborhood Guide

Overview & History

South Chicago in Chicago, IL is a historic lakefront neighborhood known for its proud industrial roots and resilient community. Once anchored by the U.S. Steel South Works, the area is evolving with new redevelopment visions along the Lake Michigan shoreline. Its position near the Calumet River gives South Chicago a distinctive waterfront identity and maritime heritage.

Lifestyle, Parks, and Things to Do

Residents enjoy Bessemer Park, Steelworkers Park, and lakefront trails for fishing, birding, and cycling.
Local eateries feature classic Chicago fare alongside Mexican and Polish staples, plus new cafes that reflect the neighborhood?s diversity. Community events, arts initiatives, neighborhood organizations, and local schools foster strong ties and celebrate South Chicago?s culture.

Housing, Transportation, and Local Economy

Housing and real estate in South Chicago range from vintage worker cottages and brick two-flats to newer infill homes at approachable prices. Commuters connect via the Metra Electric South Chicago Branch at 93rd Street and 87th Street stations, CTA bus routes, and nearby Lake Shore Drive and I?90/I?94. Active plans and proposals for the former steel mill site aim to deliver jobs, green space, and mixed-use development that support local small businesses. For homebuyers and visitors alike, South Chicago offers authentic Chicago character, waterfront access, and room to grow on the city?s Southeast Side.



FAQ – Home Values in South Chicago Chicago

What is the median home value in South Chicago Chicago in 2026?

In 2026, the typical home value in South Chicago Chicago is about $210,640 for an average home size of 1981 square feet. This corresponds to an average price of roughly $109 per square foot.

What is the average cost per square foot in South Chicago Chicago?

In 2026, homes in South Chicago Chicago sell for an average of around $109 per square foot, with a typical range between $103.55 and $114.45 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in South Chicago?

The average home size in South Chicago Chicago is about 1981 square feet, with an estimated 2026 value around $210,640.



Neighborhoods close to South Chicago 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




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