- 2026 FHA loan limit, Cook County (one-unit home)
- $541,287
- 2026 conforming loan limit, Cook County (one-unit home)
- $832,750
- City of Chicago median sale price, Q2 2026 · Illinois REALTORS
- $420,000
FHA limit: HUD FHA mortgage limits, checked October 8, 2026. Conforming limit: FHFA conforming loan limits, checked October 8, 2026. Sale price: Illinois REALTORS Q2 2026 report, checked October 8, 2026.
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?
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