House Prices

University Village Chicago, IL House Prices & Home Values 2026


Average Data

average house price$863,040
average size per house1105 ft²
average price per ft²724 $ / ft²

04/15/2026 - The value range (VR) for house prices in University Village Chicago, IL is $293/ sqft to $2890/ sqft. An average home with 1105 sqft costs approximately $299,807 to $2,957,135. Chicago, IL includes 2 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60608, while the highest are in ZIP 60607. The average price per sqare feet is $724. Our analysis is based on 26 property listings.

Avergage prices by ZIP codes University Village Chicago

606072890 $ / ft²
60608293 $ / ft²




Historical development of home values in University Village Chicago

Year Estimated value (USD) Change vs. 2025
2010 $400,811 -53.6%
2011 $385,312 -55.4%
2012 $384,275 -55.5%
2013 $398,638 -53.8%
2014 $418,460 -51.5%
2015 $439,937 -49.0%
2016 $462,896 -46.4%
2017 $487,880 -43.5%
2018 $514,853 -40.3%
2019 $538,725 -37.6%
2020 $566,575 -34.4%
2021 $644,418 -25.3%
2022 $751,247 -13.0%
2023 $792,224 -8.2%
2024 $838,056 -2.9%
2025 $863,040 0.0%

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



Example: 100% financing house in University Village Chicago

Loan amount: $863,040

Interest rate: 5.56%

Fixed monthly payment: $4,930.61

Breakdown in the 1st month:
Interest portion: $3,995.88  –  Principal portion: $934.74

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $47,660.41 $11,506.94 $851,533.06
2 $47,004.55 $12,162.80 $839,370.27
3 $46,311.31 $12,856.04 $826,514.23
4 $45,578.56 $13,588.79 $812,925.44
5 $44,804.04 $14,363.31 $798,562.13
6 $43,985.37 $15,181.97 $783,380.16
7 $43,120.05 $16,047.30 $767,332.86
8 $42,205.40 $16,961.95 $750,370.91
9 $41,238.62 $17,928.72 $732,442.19
10 $40,216.74 $18,950.61 $713,491.58
11 $39,136.61 $20,030.73 $693,460.85
12 $37,994.92 $21,172.42 $672,288.43
13 $36,788.16 $22,379.18 $649,909.24
14 $35,512.62 $23,654.73 $626,254.51
15 $34,164.37 $25,002.97 $601,251.54
16 $32,739.28 $26,428.07 $574,823.47
17 $31,232.96 $27,934.38 $546,889.09
18 $29,640.79 $29,526.56 $517,362.53
19 $27,957.87 $31,209.48 $486,153.05
20 $26,179.02 $32,988.32 $453,164.73
21 $24,298.79 $34,868.56 $418,296.17
22 $22,311.39 $36,855.96 $381,440.22
23 $20,210.72 $38,956.63 $342,483.59
24 $17,990.31 $41,177.04 $301,306.55
25 $15,643.35 $43,524.00 $257,782.55
26 $13,162.61 $46,004.73 $211,777.82
27 $10,540.49 $48,626.86 $163,150.96
28 $7,768.90 $51,398.44 $111,752.51
29 $4,839.35 $54,327.99 $57,424.52
30 $1,742.83 $57,424.52 $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 University Village Chicago, IL


1500 sqft3900 sqft
Ø selling price$1,216,820$2,588,508
Ø fast selling$1,106,200$2,329,657
Ø high price sale$1,327,440$2,847,358

In 2026, houses in University Village Chicago, IL will be offered at an average price of $724 per square foot. A 1,500 sqft home priced at $1,216,820 is 21.30% more expensive per square foot than a 3,900 sqft home priced at $2,588,508. Home prices in University Village 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 $1,792,044. Sellers who can wait longer may achieve a higher price of up to $2,190,276.


University Village, Chicago, IL Neighborhood Guide

Overview

University Village in Chicago, IL blends academic energy from the University of Illinois Chicago (UIC) with a friendly, residential vibe.
Anchored by historic Taylor Street and the revitalized Maxwell Street corridor, the neighborhood marries Little Italy heritage with modern amenities.

Location & Transportation

Commuters love the Near West Side location with quick access to the UIC?Halsted Blue Line, multiple CTA buses, and interstates I?90/94 and I?290.
Proximity to the Loop, the Illinois Medical District, and West Loop offices makes it ideal for students and professionals alike.

Homes & Real Estate

Housing options range from brick townhomes and loft conversions to newer condo mid?rises and student apartments, supporting a dynamic neighborhood real estate market.
Wide sidewalks, tree?lined blocks, and resident parking zones create a calmer feel than downtown while staying city?convenient.

Dining, Shopping & Culture

Food lovers flock to Taylor Street for classic Italian restaurants, cafes, and beloved Italian?ice stands, with more casual choices along Halsted and Roosevelt.
Cultural highlights include the Sunday Maxwell Street Market and the Jane Addams Hull?House Museum on the UIC campus.

Parks & Lifestyle

Green space is plentiful at Arrigo Park and Vernon Park, offering play lots, open lawns, and skyline views for picnics or study breaks.
Overall, University Village delivers a walkable, transit?connected lifestyle with neighborhood charm, appealing to renters, buyers, and investors seeking Near West Side convenience.



FAQ – Home Values in University Village Chicago

What is the median home value in University Village Chicago in 2026?

In 2026, the typical home value in University Village Chicago is about $863,040 for an average home size of 1105 square feet. This corresponds to an average price of roughly $724 per square foot.

What is the average cost per square foot in University Village Chicago?

In 2026, homes in University Village Chicago sell for an average of around $724 per square foot, with a typical range between $293 and $2890 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in University Village?

The average home size in University Village Chicago is about 1105 square feet, with an estimated 2026 value around $863,040.



Neighborhoods close to University Village 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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