House Prices

West Loop Gate Chicago, IL House Prices & Home Values 2026


Average Data

average house price$693,972
average size per house1666 ft²
average price per ft²454 $ / ft²

04/15/2026 - The value range (VR) for house prices in West Loop Gate Chicago, IL is $440/ sqft to $503/ sqft. An average home with 1666 sqft costs approximately $796,815 to $910,904. Chicago, IL includes 2 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60606, while the highest are in ZIP 60661. The average price per sqare feet is $454. Our analysis is based on 24 property listings.

Avergage prices by ZIP codes West Loop Gate Chicago

60606440 $ / ft²
60661503 $ / ft²




Historical development of home values in West Loop Gate Chicago

Year Estimated value (USD) Change vs. 2025
2010 $322,293 -53.6%
2011 $309,830 -55.4%
2012 $308,996 -55.5%
2013 $320,545 -53.8%
2014 $336,484 -51.5%
2015 $353,754 -49.0%
2016 $372,215 -46.4%
2017 $392,305 -43.5%
2018 $413,994 -40.3%
2019 $433,190 -37.6%
2020 $455,584 -34.4%
2021 $518,178 -25.3%
2022 $604,079 -13.0%
2023 $637,029 -8.2%
2024 $673,882 -2.9%
2025 $693,972 0.0%

Graph: estimated home values in West Loop Gate Chicago over time (USD)



Example: 100% financing house in West Loop Gate Chicago

Loan amount: $693,972

Interest rate: 6.52%

Fixed monthly payment: $4,396.42

Breakdown in the 1st month:
Interest portion: $3,771.74  –  Principal portion: $624.68

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $45,032.66 $7,724.38 $686,247.62
2 $44,513.54 $8,243.50 $678,004.12
3 $43,959.54 $8,797.51 $669,206.61
4 $43,368.30 $9,388.75 $659,817.86
5 $42,737.32 $10,019.72 $649,798.14
6 $42,063.94 $10,693.10 $639,105.03
7 $41,345.31 $11,411.74 $627,693.30
8 $40,578.38 $12,178.67 $615,514.63
9 $39,759.91 $12,997.14 $602,517.50
10 $38,886.43 $13,870.61 $588,646.88
11 $37,954.25 $14,802.79 $573,844.09
12 $36,959.43 $15,797.62 $558,046.47
13 $35,897.74 $16,859.30 $541,187.17
14 $34,764.71 $17,992.34 $523,194.83
15 $33,555.53 $19,201.52 $503,993.31
16 $32,265.08 $20,491.97 $483,501.34
17 $30,887.91 $21,869.14 $461,632.21
18 $29,418.19 $23,338.86 $438,293.35
19 $27,849.69 $24,907.35 $413,385.99
20 $26,175.79 $26,581.26 $386,804.73
21 $24,389.38 $28,367.66 $358,437.07
22 $22,482.92 $30,274.12 $328,162.95
23 $20,448.34 $32,308.71 $295,854.24
24 $18,277.02 $34,480.02 $261,374.22
25 $15,959.78 $36,797.27 $224,576.95
26 $13,486.81 $39,270.24 $185,306.71
27 $10,847.64 $41,909.41 $143,397.31
28 $8,031.10 $44,725.94 $98,671.36
29 $5,025.28 $47,731.77 $50,939.60
30 $1,817.45 $50,939.60 $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 West Loop Gate Chicago, IL


1500 sqft3900 sqft
Ø selling price$895,699$1,905,396
Ø fast selling$814,272$1,714,857
Ø high price sale$977,127$2,095,936

In 2026, houses in West Loop Gate Chicago, IL will be offered at an average price of $454 per square foot. A 1,500 sqft home priced at $895,699 is 25.00% more expensive per square foot than a 3,900 sqft home priced at $1,905,396. Home prices in West Loop Gate 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 $1,319,121. Sellers who can wait longer may achieve a higher price of up to $1,612,258.


Explore West Loop Gate in Chicago, IL

Located just west of the Chicago River, West Loop Gate is a dynamic neighborhood in Chicago, IL blending historic warehouses with modern high-rises.

Its prime location between the Loop and Fulton Market makes West Loop Gate ideal for commuters and urban explorers.

Residents enjoy walkable access to the Loop, the Riverwalk, and iconic sights like the Willis Tower.

Tree-lined streets and revitalized loft buildings give the area an industrial-chic character that attracts professionals and creatives.


Dining, Nightlife, and Transit

Food lovers find excellent restaurants along Randolph Street and nearby Fulton Market, from chef-driven tasting menus to casual cafes.

Nightlife, craft cocktail bars, and local coffee shops create a lively scene after work and on weekends.

Transit is unbeatable with Ogilvie Transportation Center and Union Station within easy reach, plus CTA buses and the Green and Pink Lines.

Drivers benefit from quick access to I?90/94 and major thoroughfares like Madison and Washington.


Work, Culture, and Real Estate

The neighborhood hosts a mix of tech offices, coworking spaces, boutiques, and galleries that fuel its daytime energy.

From luxury apartments and amenity-rich condos to classic loft residences, West Loop Gate Chicago offers diverse housing options in a convenient, walkable setting.



FAQ – Home Values in West Loop Gate Chicago

What is the median home value in West Loop Gate Chicago in 2026?

In 2026, the typical home value in West Loop Gate Chicago is about $693,972 for an average home size of 1666 square feet. This corresponds to an average price of roughly $454 per square foot.

What is the average cost per square foot in West Loop Gate Chicago?

In 2026, homes in West Loop Gate Chicago sell for an average of around $454 per square foot, with a typical range between $440 and $503 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in West Loop Gate?

The average home size in West Loop Gate Chicago is about 1666 square feet, with an estimated 2026 value around $693,972.



Neighborhoods close to West Loop Gate 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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