House Prices

South Lakeview Chicago, IL House Prices & Home Values 2026


Average Data

average house price$335,960
average size per house1108 ft²
average price per ft²291 $ / ft²

04/15/2026 - The value range (VR) for house prices in South Lakeview Chicago, IL is $276.45/ sqft to $305.55/ sqft. An average home with 1108 sqft costs approximately $293,136 to $323,992. Chicago, IL includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60657, while the highest are in ZIP 60657. The average price per sqare feet is $291. Our analysis is based on 11 property listings.

Avergage prices by ZIP codes South Lakeview Chicago

60657248 $ / ft²




Historical development of home values in South Lakeview Chicago

Year Estimated value (USD) Change vs. 2025
2010 $156,026 -53.6%
2011 $149,992 -55.4%
2012 $149,589 -55.5%
2013 $155,180 -53.8%
2014 $162,896 -51.5%
2015 $171,256 -49.0%
2016 $180,194 -46.4%
2017 $189,919 -43.5%
2018 $200,419 -40.3%
2019 $209,712 -37.6%
2020 $220,554 -34.4%
2021 $250,856 -25.3%
2022 $292,442 -13.0%
2023 $308,393 -8.2%
2024 $326,234 -2.9%
2025 $335,960 0.0%

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



Example: 100% financing house in South Lakeview Chicago

Loan amount: $335,960

Interest rate: 5.74%

Fixed monthly payment: $1,958.86

Breakdown in the 1st month:
Interest portion: $1,607.57  –  Principal portion: $351.30

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $19,178.09 $4,328.28 $331,631.72
2 $18,922.92 $4,583.46 $327,048.26
3 $18,652.70 $4,853.68 $322,194.59
4 $18,366.54 $5,139.83 $317,054.76
5 $18,063.52 $5,442.85 $311,611.91
6 $17,742.64 $5,763.73 $305,848.18
7 $17,402.83 $6,103.54 $299,744.64
8 $17,043.00 $6,463.38 $293,281.27
9 $16,661.94 $6,844.43 $286,436.84
10 $16,258.43 $7,247.94 $279,188.89
11 $15,831.12 $7,675.25 $271,513.64
12 $15,378.62 $8,127.75 $263,385.90
13 $14,899.45 $8,606.92 $254,778.97
14 $14,392.02 $9,114.35 $245,664.62
15 $13,854.68 $9,651.69 $236,012.93
16 $13,285.66 $10,220.71 $225,792.22
17 $12,683.09 $10,823.28 $214,968.94
18 $12,045.00 $11,461.37 $203,507.57
19 $11,369.29 $12,137.08 $191,370.49
20 $10,653.74 $12,852.63 $178,517.86
21 $9,896.01 $13,610.36 $164,907.50
22 $9,093.60 $14,412.77 $150,494.73
23 $8,243.89 $15,262.48 $135,232.25
24 $7,344.08 $16,162.29 $119,069.96
25 $6,391.23 $17,115.14 $101,954.82
26 $5,382.20 $18,124.18 $83,830.65
27 $4,313.68 $19,192.70 $64,637.95
28 $3,182.16 $20,324.21 $44,313.74
29 $1,983.94 $21,522.44 $22,791.30
30 $715.07 $22,791.30 $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 Lakeview Chicago, IL


1500 sqft3900 sqft
Ø selling price$505,454$1,075,239
Ø fast selling$459,504$967,715
Ø high price sale$551,405$1,182,763

In 2026, houses in South Lakeview Chicago, IL will be offered at an average price of $291 per square foot. A 1,500 sqft home priced at $505,454 is 22.01% more expensive per square foot than a 3,900 sqft home priced at $1,075,239. Home prices in South Lakeview 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 $744,396. Sellers who can wait longer may achieve a higher price of up to $909,818.


South Lakeview, Chicago, IL Neighborhood Guide

Overview

The South Lakeview neighborhood in Chicago, IL is a vibrant, walkable pocket of the larger Lakeview community on the city?s North Side. Centered around the Belmont?Ashland?Lincoln crossroads and generally spanning Belmont Ave to Diversey Pkwy and Racine Ave to Ravenswood Ave, the area blends historic charm with urban convenience. Residents praise its tree-lined streets, classic Chicago greystones, and a friendly, community-driven vibe.


Dining, Parks, and Culture

You?ll find popular cafes, local boutiques, and lively taverns along Lincoln Avenue and the Southport Corridor, with dining that ranges from casual brunch spots to date?night restaurants. Green space includes neighborhood playlots and Chi Che Wang Park, offering open fields, a playground, and room for community gatherings. Architectural standouts like St. Alphonsus Church add character and anchor cultural life throughout the year.


Transit, Schools, and Real Estate

Commuters enjoy easy access to CTA bus routes and nearby Brown, Red, and Purple Line stations, putting downtown Chicago within a quick ride. Families are drawn to strong neighborhood schools such as Burley Elementary, along with convenient childcare and enrichment options. The South Lakeview real estate market features renovated two?flats, classic condos, and single?family homes, appealing to first?time buyers and move?up owners alike. Whether you?re searching for things to do, a fast commute, or a welcoming block to call home, the South Lakeview neighborhood delivers an unbeatable blend of location, lifestyle, and value.



FAQ – Home Values in South Lakeview Chicago

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

In 2026, the typical home value in South Lakeview Chicago is about $335,960 for an average home size of 1108 square feet. This corresponds to an average price of roughly $291 per square foot.

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

In 2026, homes in South Lakeview Chicago sell for an average of around $291 per square foot, with a typical range between $276.45 and $305.55 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in South Lakeview?

The average home size in South Lakeview Chicago is about 1108 square feet, with an estimated 2026 value around $335,960.



Neighborhoods close to South Lakeview Chicago, IL

Edgewater Chicago, IL202 $ / 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




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