Land and home values in Cook County, Illinois
Cook County (metro core, Chicago-Naperville-Elgin, IL-IN) covers 945 square miles and 1,332 census tracts. Residential land is about $16.80 per sq ft at the county median, from $2.48 in its most rural tracts to $124 in its most valuable. The typical home is worth about $383,000 and a 2-bedroom rents for about $1,820 a month, as of October 12, 2026.
Open on the satellite mapAll of IllinoisCounty values
| Land: residential | $16.80 | per sq ft |
| Land: residential | $731,808 | per acre |
| Land: quarter-acre lot | $182,952 | 10,890 sq ft |
| Land: farmland | $20,300 | per acre |
| Home: typical (median) | $383,000 | value |
| Home: entry-level | $280,000 | lower quartile |
| Home: upper-end | $488,000 | upper quartile |
| Build new | $194 | per sq ft, no land |
| Rent: 1-bedroom | $1,610 | per month |
| Rent: 2-bedroom | $1,820 | per month |
| Rent: 3-bedroom | $2,340 | per month |
| Rent: 4-bedroom | $2,710 | per month |
| Gross yield, 2-bed | 5.7% | a year |
Price tiers
| Tier | Tracts | Land $/sq ft | Typical home | Rent 2-bed |
|---|---|---|---|---|
| Top tier | 160 | $76.60 | $812,000 | $2,520 |
| Upper | 322 | $31.40 | $505,000 | $2,040 |
| Mid | 408 | $14.40 | $363,000 | $1,770 |
| Entry | 438 | $5.13 | $239,000 | $1,540 |
| Rural | 4 | $14.90 | $373,000 | $1,500 |
Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.
Cities and towns
Highest-value places
| Place | Type | Land $/sq ft | Typical home |
|---|---|---|---|
| Parkside of Old Town | Subdivision | $249 | $829,000 |
| Evergreen Terrace Apartments | Subdivision | $238 | $782,000 |
| Dickens Court | Subdivision | $233 | $1.44M |
| Belgravia Terrace | Subdivision | $226 | $1.24M |
| Niche 905 | Subdivision | $224 | $822,000 |
| Evergreen Towers | Subdivision | $224 | $753,000 |
| Mary Hartwell Catherwood Apartments | Subdivision | $223 | $900,000 |
| Lincoln Park | Neighborhood | $222 | $1.3M |
Questions people ask
How much is land worth in Cook County, IL?
Residential land in Cook County, IL is about $16.80 per square foot, or $731,808 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $182,952. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Cook County, IL?
The typical (median) home in Cook County, IL is worth about $383,000, with entry-level homes around $280,000 and upper-end homes around $488,000, as of October 2026.
How much is rent in Cook County, IL?
A 2-bedroom rents for about $1,820 a month in Cook County, IL, a 1-bedroom about $1,610 and a 3-bedroom about $2,340 (gross rent including utilities, HUD Fair Market Rent basis).
How much is farmland per acre in Cook County, IL?
Farmland averages about $20,300 an acre in Cook County, IL (USDA, including buildings), well below residential land.
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.