- Median home price
- $380,000
Not published here yet: the county FHA limit, the conforming limit and the effective property tax rate. We would rather leave a number off the page than print one we cannot source.
Mortgage loans in Chicago, IL
- 77 community areas, from Lincoln Park to the West Loop to Wicker Park.
- Competitive bidding is common across much of the city.
- Two- to four-unit buildings are a meaningful share of the housing stock.
Two- to four-unit properties change both the down payment math and the way rental income counts toward qualifying. A three-flat and a single-family at the same price are not the same loan.
A small portion of the city lies in DuPage County.
Have an offer on a property in Chicago?
Send the Loan Estimate. You will get back what is worth questioning on it — including “nothing, this is a good offer,” when that is the answer.
Source. bankpricer.com production page copy (origin/main) — "median home prices around $380,000" · Retrieved 2026-07-29.