House Prices

Downtown Oak Lawn Oak Lawn, IL House Prices & Home Values 2026


Average Data

average house price$166,407
average size per house1252 ft²
average price per ft²140 $ / ft²

04/05/2026 - The value range (VR) for house prices in Downtown Oak Lawn Oak Lawn, IL is $133/ sqft to $147/ sqft. An average home with 1252 sqft costs approximately $174,676 to $193,063. Oak Lawn, IL includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60453, while the highest are in ZIP 60453. The average price per sqare feet is $140. Our analysis is based on 6 property listings.

Avergage prices by ZIP codes Downtown Oak Lawn Oak Lawn

60453130 $ / ft²




Historical development of home values in Downtown Oak Lawn Oak Lawn

Year Estimated value (USD) Change vs. 2025
2010 $77,282 -53.6%
2011 $74,294 -55.4%
2012 $74,094 -55.5%
2013 $76,863 -53.8%
2014 $80,685 -51.5%
2015 $84,826 -49.0%
2016 $89,253 -46.4%
2017 $94,071 -43.5%
2018 $99,271 -40.3%
2019 $103,874 -37.6%
2020 $109,244 -34.4%
2021 $124,253 -25.3%
2022 $144,852 -13.0%
2023 $152,753 -8.2%
2024 $161,590 -2.9%
2025 $166,407 0.0%

Graph: estimated home values in Downtown Oak Lawn Oak Lawn over time (USD)



Example: 100% financing house in Downtown Oak Lawn Oak Lawn

Loan amount: $166,407

Interest rate: 6.29%

Fixed monthly payment: $1,029.36

Breakdown in the 1st month:
Interest portion: $872.80  –  Principal portion: $156.56

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $10,418.50 $1,933.86 $164,473.14
2 $10,293.21 $2,059.15 $162,413.99
3 $10,159.80 $2,192.56 $160,221.44
4 $10,017.75 $2,334.61 $157,886.83
5 $9,866.50 $2,485.86 $155,400.97
6 $9,705.45 $2,646.91 $152,754.06
7 $9,533.96 $2,818.40 $149,935.66
8 $9,351.36 $3,001.00 $146,934.66
9 $9,156.93 $3,195.43 $143,739.23
10 $8,949.91 $3,402.45 $140,336.78
11 $8,729.47 $3,622.89 $136,713.89
12 $8,494.75 $3,857.61 $132,856.28
13 $8,244.82 $4,107.53 $128,748.74
14 $7,978.71 $4,373.65 $124,375.09
15 $7,695.35 $4,657.01 $119,718.08
16 $7,393.63 $4,958.73 $114,759.35
17 $7,072.37 $5,279.99 $109,479.35
18 $6,730.29 $5,622.07 $103,857.28
19 $6,366.04 $5,986.32 $97,870.97
20 $5,978.20 $6,374.16 $91,496.81
21 $5,565.24 $6,787.12 $84,709.69
22 $5,125.51 $7,226.85 $77,482.84
23 $4,657.30 $7,695.06 $69,787.78
24 $4,158.76 $8,193.60 $61,594.18
25 $3,627.91 $8,724.45 $52,869.73
26 $3,062.67 $9,289.69 $43,580.05
27 $2,460.82 $9,891.54 $33,688.51
28 $1,819.96 $10,532.39 $23,156.11
29 $1,137.59 $11,214.77 $11,941.35
30 $411.01 $11,941.35 $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 Downtown Oak Lawn Oak Lawn, IL


1500 sqft3900 sqft
Ø selling price$266,551$567,027
Ø fast selling$242,319$510,324
Ø high price sale$290,783$623,730

In 2026, houses in Downtown Oak Lawn Oak Lawn, IL will be offered at an average price of $140 per square foot. A 1,500 sqft home priced at $266,551 is 24.13% more expensive per square foot than a 3,900 sqft home priced at $567,027. Home prices in Downtown Oak Lawn Oak Lawn, 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 $392,557. Sellers who can wait longer may achieve a higher price of up to $479,792.


Downtown Oak Lawn in Oak Lawn, IL

Location and Transit

Centered along 95th Street near Cicero Avenue, Downtown Oak Lawn offers a walkable main street energy in the heart of the Southwest Chicago suburbs. Commuters appreciate the Oak Lawn Metra station on the SouthWest Service with swift rides to Chicago Union Station. Pace buses and quick access to I?294 and nearby Midway Airport make the area highly connected.


Lifestyle, Dining, and Shopping

The district features locally owned restaurants, cafes, and pubs alongside everyday conveniences and services. A seasonal farmers market and community events on the Village Green add small?town charm to the urban vibe. The modern Oak Lawn Public Library, fitness studios, and salons cluster within easy walking distance.


Parks, Healthcare, and Education

Green spaces and pocket parks complement tree?lined side streets just steps from the core. Nearby Advocate Christ Medical Center anchors healthcare jobs and amenities for residents.


Housing and Real Estate

Housing options in Downtown Oak Lawn range from mid?rise condos and apartments to classic single?family homes on adjoining blocks. Buyers and renters are drawn to the neighborhood?s value, convenience, and vibrant, transit?friendly lifestyle in Oak Lawn, IL.



FAQ – Home Values in Downtown Oak Lawn Oak Lawn

What is the median home value in Downtown Oak Lawn Oak Lawn in 2026?

In 2026, the typical home value in Downtown Oak Lawn Oak Lawn is about $166,407 for an average home size of 1252 square feet. This corresponds to an average price of roughly $140 per square foot.

What is the average cost per square foot in Downtown Oak Lawn Oak Lawn?

In 2026, homes in Downtown Oak Lawn Oak Lawn sell for an average of around $140 per square foot, with a typical range between $133 and $147 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Downtown Oak Lawn?

The average home size in Downtown Oak Lawn Oak Lawn is about 1252 square feet, with an estimated 2026 value around $166,407.



Neighborhoods close to Downtown Oak Lawn Oak Lawn, IL

Tanner Trails North Aurora, IL183 $ / ft²
Chicago Lawn Chicago, IL187 $ / ft²
St. Clair Gardens East Saint Louis, IL43 $ / ft²
Bernice Lansing, IL137 $ / ft²
Hunters Crossing Channahon, IL140 $ / ft²
Cornerstone Lakes West Chicago, IL218 $ / ft²




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