ZIP 60140 Housing Market Report
Chicago Metro
Report period: May 2026
60140 Monthly Market Update – May 2026
ZIP 60140 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$414,990
0.0%
Median DOM (Sales)
12
−7.7%
New Listings (Sales)
58
−40.8%
Median Rent
$2,495
+1.8%
Median DOM (Rental)
24
0.0%
Total Rental Listings
45
+18.4%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Condo (2 DOM)
- Fastest renting: Townhouse (13 DOM)
- Strongest bedroom: 4 Beds ($469,990 median)
Sales Market Overview
Median Price
$414,990
0.0%
Median DOM
12
−7.7%
New Listings
58
−40.8%
Inventory
248
−5.7%
- Average Price: $436,487
- Median Price: $414,990
- Price Range: $100,000 – $3,400,000
- Price per Sq Ft (Avg/Median): $217 / $207
- Square Footage (Avg/Median): 2,036 / 1,863
- Square Footage Range: 924 – 5,940
- Days on Market (Avg/Median): 41 / 12
- Days on Market Range: 2 – 346
- New Listings: 58
- Total Listings: 248
Sales by Property Type
Condo
Avg/Median Price$297,000 / $295,000Range$295,000 – $299,000Price per Sq Ft$202 / $186Sq Ft1,480 / 1,375DOM3 / 2New0Total2
Land
Avg/Median Price$652,940 / $219,900Range$100,000 – $2,500,000Price per Sq Ft—Sq Ft—DOM341 / 344New0Total5
Multi-Family
Avg/Median Price$464,900 / $459,900Range$459,900 – $469,900Price per Sq Ft—Sq Ft—DOM11 / 11New0Total2
Single Family
Avg/Median Price$492,540 / $459,000Range$249,900 – $3,400,000Price per Sq Ft$225 / $219Sq Ft2,269 / 2,052DOM41 / 14New37Total155
Townhouse
Avg/Median Price$322,817 / $322,500Range$250,000 – $390,990Price per Sq Ft$202 / $194Sq Ft1,619 / 1,663DOM31 / 9New21Total84
Sales by Bedroom Count
2 Beds
Avg:$347,231Median:$329,990Range:$249,900 – $474,990PSF:$225 / $223Sq Ft:1,554 / 1,579DOM:29 / 6New:22Total:64
3 Beds
Avg:$435,369Median:$360,000Range:$269,000 – $3,400,000PSF:$224 / $198Sq Ft:1,959 / 1,757DOM:41 / 11New:17Total:90
4 Beds
Avg:$484,192Median:$469,990Range:$345,000 – $799,000PSF:$204 / $205Sq Ft:2,420 / 2,282DOM:39 / 19New:16Total:81
5 Beds
Avg:$544,811Median:$468,990Range:$439,900 – $890,000PSF:$181 / $165Sq Ft:3,145 / 2,825DOM:31 / 11New:3Total:8
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $347,231 | $329,990 | $249,900 – $474,990 | $225 / $223 | 1,554 / 1,579 | 29 / 6 | 22 | 64 |
| 3 Beds | $435,369 | $360,000 | $269,000 – $3,400,000 | $224 / $198 | 1,959 / 1,757 | 41 / 11 | 17 | 90 |
| 4 Beds | $484,192 | $469,990 | $345,000 – $799,000 | $204 / $205 | 2,420 / 2,282 | 39 / 19 | 16 | 81 |
| 5 Beds | $544,811 | $468,990 | $439,900 – $890,000 | $181 / $165 | 3,145 / 2,825 | 31 / 11 | 3 | 8 |
Rental Market Overview
Median Rent
$2,495
+1.8%
Median DOM
24
0.0%
New Listings
10
Inventory
45
+18.4%
- Average Rent: $2,446
- Median Rent: $2,495
- Rent Range: $1,500 – $3,600
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,561 / 1,579
- Square Footage Range: 900 – 2,800
- Days on Market (Avg/Median): 29 / 24
- Days on Market Range: 1 – 130
- New Listings: 10
- Total Listings: 45
Rentals by Property Type
Apartment
$2,450
Median DOM: 15
Inventory: 5
MoM: +1.8%
Condo
$1,850
Median DOM: 25
Inventory: 5
MoM: +1.8%
Single Family
$2,550
Median DOM: 27
Inventory: 14
MoM: +1.8%
Townhouse
$2,500
Median DOM: 13
Inventory: 19
MoM: +1.8%
Apartment
Avg/Median Rent$2,534 / $2,450Range$2,395 – $2,750Rent per Sq Ft$2 / $2Sq Ft1,546 / 1,486DOM18 / 15New1Total5
Condo
Avg/Median Rent$1,839 / $1,850Range$1,695 – $1,950Rent per Sq Ft$2 / $2Sq Ft1,072 / 1,028DOM21 / 25New1Total5
Multi-Family
Avg/Median Rent$2,150 / $2,100Range$2,100 – $2,200Rent per Sq Ft$2 / $2Sq Ft1,109 / 934DOM35 / 26New0Total2
Single Family
Avg/Median Rent$2,546 / $2,550Range$1,500 – $3,600Rent per Sq Ft$2 / $2Sq Ft1,671 / 1,651DOM38 / 27New2Total14
Townhouse
Avg/Median Rent$2,539 / $2,500Range$2,300 – $2,895Rent per Sq Ft$2 / $2Sq Ft1,666 / 1,740DOM27 / 13New6Total19
Rentals by Bedroom Count
2 Beds
Avg:$2,213Median:$2,300Range:$1,695 – $2,550PSF:$2 / $2Sq Ft:1,334 / 1,284DOM:30 / 25New:4Total:21
3 Beds
Avg:$2,571Median:$2,600Range:$1,500 – $2,900PSF:$2 / $2Sq Ft:1,674 / 1,742DOM:31 / 22New:5Total:21
4 Beds
Avg:$3,450Median:$3,299Range:$3,299 – $3,600PSF:$2 / $1Sq Ft:2,200 / 1,953DOM:20 / 13New:0Total:2
6 Beds
Avg:$2,700Median:$2,700Range:$2,700 – $2,700PSF:$1 / $1Sq Ft:2,800 / 2,800DOM:4 / 4New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $2,213 | $2,300 | $1,695 – $2,550 | $2 / $2 | 1,334 / 1,284 | 30 / 25 | 4 | 21 |
| 3 Beds | $2,571 | $2,600 | $1,500 – $2,900 | $2 / $2 | 1,674 / 1,742 | 31 / 22 | 5 | 21 |
| 4 Beds | $3,450 | $3,299 | $3,299 – $3,600 | $2 / $1 | 2,200 / 1,953 | 20 / 13 | 0 | 2 |
| 6 Beds | $2,700 | $2,700 | $2,700 – $2,700 | $1 / $1 | 2,800 / 2,800 | 4 / 4 | 1 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$386,990Median DOM:33New:96Total:260
Jan 2026
Median Price:$388,990Median DOM:29New:105Total:254
Feb 2026
Median Price:$390,990Median DOM:16New:110Total:249
Mar 2026
Median Price:$405,000Median DOM:10New:130Total:258
Apr 2026
Median Price:$414,990Median DOM:13New:98Total:263
May 2026
Median Price:$414,990Median DOM:12New:58Total:248
6-Month Rental Trend
Dec 2025
Median Rent:$2,400Median DOM:31New:8Total:31
Jan 2026
Median Rent:$2,450Median DOM:32New:7Total:27
Feb 2026
Median Rent:$2,400Median DOM:25New:8Total:28
Mar 2026
Median Rent:$2,400Median DOM:27New:12Total:30
Apr 2026
Median Rent:$2,450Median DOM:24New:15Total:38
May 2026
Median Rent:$2,495Median DOM:24New:10Total:45
Key Market Takeaways
Median sale prices held steady this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing increased, while total rental inventory increased.
Market data is only valuable if you act on it. With pricing stabilizing and days on market shifting, this is the type of environment where disciplined investors find their edge.
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