House Prices

House Prices & Home Values Grant Park, IL 2026


Average Data

average house price$242,844
average size per house2118 ft²
average price per ft²115 $ / ft²

04/16/2026 - The value range (VR) for house prices in Grant Park, IL is $135/ sqft to $135/ sqft. An average home with 2118 sqft costs approximately $285,930 to $285,930. Grant Park, IL includes 1 ZIP codes and it is located in Kankakee county. The lowest prices are found in ZIP 60940, while the highest are in ZIP 60940. The average price per sqare feet is $115. Our analysis is based on 13 property listings.

Avergage prices by ZIP codes Grant Park

60940128 $ / ft²




Historical development of home values in Grant Park

Year Estimated value (USD) Change vs. 2025
2010 $112,781 -53.6%
2011 $108,420 -55.4%
2012 $108,128 -55.5%
2013 $112,170 -53.8%
2014 $117,747 -51.5%
2015 $123,790 -49.0%
2016 $130,251 -46.4%
2017 $137,281 -43.5%
2018 $144,870 -40.3%
2019 $151,588 -37.6%
2020 $159,424 -34.4%
2021 $181,328 -25.3%
2022 $211,387 -13.0%
2023 $222,918 -8.2%
2024 $235,814 -2.9%
2025 $242,844 0.0%

Graph: estimated home values in Grant Park over time (USD)



Example: 100% financing house in Grant Park

Loan amount: $242,844

Interest rate: 6.00%

Fixed monthly payment: $1,455.97

Breakdown in the 1st month:
Interest portion: $1,214.22  –  Principal portion: $241.75

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $14,489.52 $2,982.15 $239,861.85
2 $14,305.58 $3,166.09 $236,695.76
3 $14,110.31 $3,361.36 $233,334.40
4 $13,902.99 $3,568.68 $229,765.72
5 $13,682.88 $3,788.79 $225,976.92
6 $13,449.19 $4,022.48 $221,954.45
7 $13,201.09 $4,270.57 $217,683.87
8 $12,937.70 $4,533.97 $213,149.90
9 $12,658.05 $4,813.62 $208,336.28
10 $12,361.16 $5,110.51 $203,225.76
11 $12,045.95 $5,425.72 $197,800.04
12 $11,711.30 $5,760.37 $192,039.68
13 $11,356.02 $6,115.65 $185,924.03
14 $10,978.82 $6,492.85 $179,431.17
15 $10,578.35 $6,893.32 $172,537.86
16 $10,153.19 $7,318.48 $165,219.37
17 $9,701.80 $7,769.87 $157,449.50
18 $9,222.57 $8,249.10 $149,200.41
19 $8,713.78 $8,757.88 $140,442.52
20 $8,173.62 $9,298.05 $131,144.47
21 $7,600.13 $9,871.54 $121,272.93
22 $6,991.28 $10,480.39 $110,792.54
23 $6,344.87 $11,126.80 $99,665.75
24 $5,658.60 $11,813.07 $87,852.67
25 $4,929.99 $12,541.68 $75,310.99
26 $4,156.45 $13,315.22 $61,995.77
27 $3,335.19 $14,136.48 $47,859.29
28 $2,463.29 $15,008.38 $32,850.91
29 $1,537.60 $15,934.07 $16,916.85
30 $554.82 $16,916.85 $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 Grant Park, IL


1500 sqft3900 sqft
Ø selling price$208,726$444,016
Ø fast selling$189,751$399,614
Ø high price sale$227,701$488,417

In 2026, houses in Grant Park, IL will be offered at an average price of $115 per square foot. A 1,500 sqft home priced at $208,726 is 21.69% more expensive per square foot than a 3,900 sqft home priced at $444,016. Home prices in Grant Park, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $307,395. Sellers who can wait longer may achieve a higher price of up to $375,706.

FAQ – Home Values in Grant Park

What is the median home value in Grant Park in 2026?

In 2026, the typical home value in Grant Park is about $242,844 for an average home size of 2118 square feet. This corresponds to an average price of roughly $115 per square foot.

What is the average cost per square foot in Grant Park?

In 2026, homes in Grant Park sell for an average of around $115 per square foot, with a typical range between $135 and $135 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Grant Park is about 2118 square feet, with an estimated 2026 value around $242,844.



Locations close to Grant Park, IL

Herscher, IL120 $ / ft²
Hoopeston, IL33 $ / ft²
Iroquois, IL121 $ / ft²
Gilman, IL84 $ / ft²
Gibson City, IL84 $ / ft²
Essex, IL74 $ / ft²
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