ZIP 60187 Housing Market Report

Chicago Metro

Report period: May 2026

60187 Monthly Market Update – May 2026

ZIP 60187 · Last updated May 10, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$559,900
+1.8%
Median DOM (Sales)
7
0.0%
New Listings (Sales)
13
−55.2%
Median Rent
$2,067
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
85
+1.2%

Month-over-Month Movement

Median sale prices moved higher. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Condo (6 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 7 Beds ($1,150,000 median)

Sales Market Overview

Median Price
$559,900
+1.8%
Median DOM
7
0.0%
New Listings
13
−55.2%
Inventory
77
+11.6%
  • Average Price: $665,474
  • Median Price: $559,900
  • Price Range: $179,995 – $2,650,000
  • Price per Sq Ft (Avg/Median): $315 / $308
  • Square Footage (Avg/Median): 2,155 / 2,032
  • Square Footage Range: 816 – 5,401
  • Days on Market (Avg/Median): 22 / 7
  • Days on Market Range: 2 – 346
  • New Listings: 13
  • Total Listings: 77

Sales by Property Type

Condo
Avg/Median Price$385,000 / $385,000Range$385,000 – $385,000Price per Sq Ft$267 / $267Sq Ft1,442 / 1,442DOM6 / 6New0Total1
Land
Avg/Median Price$308,298 / $325,000Range$179,995 – $419,900Price per Sq FtSq FtDOM145 / 45New0Total3
Multi-Family
Avg/Median Price$699,900 / $699,900Range$699,900 – $699,900Price per Sq Ft$311 / $311Sq Ft2,254 / 2,254DOM30 / 30New0Total1
Single Family
Avg/Median Price$691,316 / $599,000Range$299,000 – $2,650,000Price per Sq Ft$323 / $311Sq Ft2,130 / 2,048DOM17 / 7New13Total63
Townhouse
Avg/Median Price$630,978 / $495,000Range$449,900 – $1,450,000Price per Sq Ft$269 / $268Sq Ft2,392 / 1,908DOM11 / 12New0Total9

Sales by Bedroom Count

2 Beds
Avg:$450,557Median:$385,000Range:$299,000 – $775,000PSF:$338 / $334Sq Ft:1,372 / 1,442DOM:7 / 6New:1Total:7
3 Beds
Avg:$513,527Median:$469,900Range:$325,000 – $995,900PSF:$302 / $302Sq Ft:1,740 / 1,509DOM:19 / 9New:4Total:33
4 Beds
Avg:$826,504Median:$749,999Range:$425,000 – $2,650,000PSF:$321 / $306Sq Ft:2,556 / 2,529DOM:18 / 6New:6Total:25
5 Beds
Avg:$1,050,462Median:$889,900Range:$369,900 – $1,595,000PSF:$329 / $311Sq Ft:3,138 / 2,912DOM:14 / 7New:2Total:8
7 Beds
Avg:$1,150,000Median:$1,150,000Range:$1,150,000 – $1,150,000PSF:$338 / $338Sq Ft:3,400 / 3,400DOM:10 / 10New:0Total:1

Rental Market Overview

Median Rent
$2,067
0.0%
Median DOM
1
0.0%
New Listings
33
Inventory
85
+1.2%
  • Average Rent: $2,292
  • Median Rent: $2,067
  • Rent Range: $900 – $6,158
  • Rent per Sq Ft (Avg/Median): $3 / $2
  • Square Footage (Avg/Median): 924 / 805
  • Square Footage Range: 400 – 2,400
  • Days on Market (Avg/Median): 21 / 1
  • Days on Market Range: 1 – 185
  • New Listings: 33
  • Total Listings: 85

Rentals by Property Type

Apartment
$2,018
Median DOM: 1
Inventory: 67
MoM: 0.0%
Condo
$1,750
Median DOM: 38
Inventory: 2
MoM: 0.0%
Single Family
$2,600
Median DOM: 17
Inventory: 16
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$2,226 / $2,018Range$1,085 – $6,158Rent per Sq Ft$3 / $2Sq Ft839 / 796DOM14 / 1New29Total67
Condo
Avg/Median Rent$2,375 / $1,750Range$1,750 – $3,000Rent per Sq Ft$3 / $2Sq Ft1,161 / 522DOM40 / 38New0Total2
Single Family
Avg/Median Rent$2,560 / $2,600Range$900 – $3,600Rent per Sq Ft$2 / $2Sq Ft1,267 / 1,200DOM43 / 17New4Total16

Rentals by Bedroom Count

Studio
Avg:$1,603Median:$1,300Range:$1,209 – $2,104PSF:$3 / $3Sq Ft:522 / 558DOM:44 / 16New:2Total:10
1 Beds
Avg:$1,921Median:$1,933Range:$1,085 – $2,550PSF:$3 / $2Sq Ft:776 / 796DOM:7 / 1New:18Total:36
2 Beds
Avg:$2,456Median:$2,595Range:$1,650 – $3,898PSF:$2 / $2Sq Ft:1,016 / 1,105DOM:24 / 1New:9Total:22
3 Beds
Avg:$3,257Median:$2,895Range:$900 – $6,158PSF:$2 / $2Sq Ft:1,311 / 1,227DOM:31 / 4New:4Total:15
4 Beds
Avg:$3,400Median:$3,200Range:$3,200 – $3,600PSF:$2 / $2Sq Ft:1,952 / 1,503DOM:84 / 41New:0Total:2

6-Month Sales Trend

Dec 2025
Median Price:$495,000Median DOM:52New:6Total:72
Jan 2026
Median Price:$479,900Median DOM:52New:13Total:55
Feb 2026
Median Price:$475,000Median DOM:22New:15Total:47
Mar 2026
Median Price:$500,000Median DOM:7New:25Total:58
Apr 2026
Median Price:$550,000Median DOM:7New:29Total:69
May 2026
Median Price:$559,900Median DOM:7New:13Total:77

6-Month Rental Trend

Dec 2025
Median Rent:$1,980Median DOM:1New:69Total:98
Jan 2026
Median Rent:$1,935Median DOM:1New:64Total:102
Feb 2026
Median Rent:$1,935Median DOM:1New:25Total:97
Mar 2026
Median Rent:$2,033Median DOM:1New:50Total:78
Apr 2026
Median Rent:$2,067Median DOM:1New:51Total:84
May 2026
Median Rent:$2,067Median DOM:1New:33Total:85

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market were unchanged, signaling steady buyer activity. Rental pricing remained stable, 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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