ZIP 60187 Housing Market Report
Chicago Metro
Report period: August 2026
60187 Monthly Market Update – August 2026
ZIP 60187 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$549,900
−3.4%
Median DOM (Sales)
1
0.0%
New Listings (Sales)
33
−10.8%
Median Rent
$2,264
−1.2%
Median DOM (Rental)
1
0.0%
Total Rental Listings
100
−1.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Condo (1 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($849,999 median)
Sales Market Overview
Median Price
$549,900
−3.4%
Median DOM
1
0.0%
New Listings
33
−10.8%
Inventory
77
+6.9%
- Average Price: $643,877
- Median Price: $549,900
- Price Range: $28,000 – $2,350,000
- Price per Sq Ft (Avg/Median): $316 / $308
- Square Footage (Avg/Median): 2,188 / 1,825
- Square Footage Range: 837 – 5,401
- Days on Market (Avg/Median): 9 / 1
- Days on Market Range: 1 – 117
- New Listings: 33
- Total Listings: 77
Sales by Property Type
Condo
Avg/Median Price$572,400 / $469,900Range$469,900 – $674,900Price per Sq Ft$348 / $329Sq Ft1,668 / 1,283DOM1 / 1New1Total2
Land
Avg/Median Price$301,842 / $260,000Range$28,000 – $550,000Price per Sq Ft—Sq Ft—DOM37 / 5New3Total7
Multi-Family
Avg/Median Price$600,000 / $600,000Range$600,000 – $600,000Price per Sq Ft$240 / $240Sq Ft2,500 / 2,500DOM1 / 1New0Total1
Single Family
Avg/Median Price$706,084 / $599,900Range$260,000 – $2,350,000Price per Sq Ft$323 / $314Sq Ft2,231 / 1,896DOM7 / 1New23Total58
Townhouse
Avg/Median Price$529,767 / $435,000Range$289,900 – $1,350,000Price per Sq Ft$272 / $261Sq Ft1,999 / 1,602DOM3 / 1New6Total9
Sales by Bedroom Count
2 Beds
Avg:$439,189Median:$425,000Range:$289,900 – $674,900PSF:$343 / $331Sq Ft:1,313 / 1,283DOM:5 / 1New:5Total:9
3 Beds
Avg:$502,874Median:$475,000Range:$260,000 – $788,000PSF:$314 / $314Sq Ft:1,658 / 1,643DOM:7 / 1New:13Total:31
4 Beds
Avg:$945,252Median:$849,900Range:$429,900 – $2,350,000PSF:$314 / $274Sq Ft:3,050 / 2,792DOM:4 / 1New:10Total:23
5 Beds
Avg:$883,286Median:$849,999Range:$580,000 – $1,149,000PSF:$297 / $308Sq Ft:2,952 / 3,188DOM:10 / 1New:2Total:7
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $439,189 | $425,000 | $289,900 – $674,900 | $343 / $331 | 1,313 / 1,283 | 5 / 1 | 5 | 9 |
| 3 Beds | $502,874 | $475,000 | $260,000 – $788,000 | $314 / $314 | 1,658 / 1,643 | 7 / 1 | 13 | 31 |
| 4 Beds | $945,252 | $849,900 | $429,900 – $2,350,000 | $314 / $274 | 3,050 / 2,792 | 4 / 1 | 10 | 23 |
| 5 Beds | $883,286 | $849,999 | $580,000 – $1,149,000 | $297 / $308 | 2,952 / 3,188 | 10 / 1 | 2 | 7 |
Rental Market Overview
Median Rent
$2,264
−1.2%
Median DOM
1
0.0%
New Listings
29
Inventory
100
−1.0%
- Average Rent: $2,437
- Median Rent: $2,264
- Rent Range: $765 – $7,895
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 972 / 842
- Square Footage Range: 300 – 3,154
- Days on Market (Avg/Median): 29 / 1
- Days on Market Range: 1 – 334
- New Listings: 29
- Total Listings: 100
Rentals by Property Type
Apartment
$2,232
Median DOM: 1
Inventory: 73
MoM: −1.2%
Condo
$1,500
Median DOM: 14
Inventory: 3
MoM: −1.2%
Single Family
$2,700
Median DOM: 5
Inventory: 20
MoM: −1.2%
Townhouse
$2,025
Median DOM: 8
Inventory: 4
MoM: −1.2%
Apartment
Avg/Median Rent$2,336 / $2,232Range$1,000 – $5,345Rent per Sq Ft$3 / $3Sq Ft870 / 796DOM30 / 1New21Total73
Condo
Avg/Median Rent$1,617 / $1,500Range$1,350 – $2,000Rent per Sq Ft$3 / $2Sq Ft650 / 680DOM14 / 14New1Total3
Single Family
Avg/Median Rent$2,979 / $2,700Range$765 – $7,895Rent per Sq Ft$2 / $2Sq Ft1,376 / 1,200DOM30 / 5New6Total20
Townhouse
Avg/Median Rent$2,180 / $2,025Range$1,995 – $2,650Rent per Sq Ft$2 / $2Sq Ft1,200 / 1,200DOM9 / 8New1Total4
Rentals by Bedroom Count
Studio
Avg:$1,758Median:$1,817Range:$1,000 – $2,264PSF:$3 / $3Sq Ft:552 / 570DOM:29 / 1New:7Total:14
1 Beds
Avg:$1,918Median:$2,000Range:$1,100 – $2,793PSF:$3 / $3Sq Ft:761 / 796DOM:35 / 1New:9Total:37
2 Beds
Avg:$2,694Median:$2,733Range:$765 – $3,653PSF:$3 / $2Sq Ft:1,086 / 1,105DOM:24 / 1New:8Total:29
3 Beds
Avg:$3,292Median:$2,850Range:$1,950 – $5,750PSF:$2 / $2Sq Ft:1,321 / 1,200DOM:24 / 8New:4Total:17
4 Beds
Avg:$3,075Median:$2,500Range:$2,500 – $3,650PSF:$2 / $2Sq Ft:1,899 / 1,600DOM:45 / 36New:0Total:2
5 Beds
Avg:$7,895Median:$7,895Range:$7,895 – $7,895PSF:$3 / $3Sq Ft:3,154 / 3,154DOM:2 / 2New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,758 | $1,817 | $1,000 – $2,264 | $3 / $3 | 552 / 570 | 29 / 1 | 7 | 14 |
| 1 Beds | $1,918 | $2,000 | $1,100 – $2,793 | $3 / $3 | 761 / 796 | 35 / 1 | 9 | 37 |
| 2 Beds | $2,694 | $2,733 | $765 – $3,653 | $3 / $2 | 1,086 / 1,105 | 24 / 1 | 8 | 29 |
| 3 Beds | $3,292 | $2,850 | $1,950 – $5,750 | $2 / $2 | 1,321 / 1,200 | 24 / 8 | 4 | 17 |
| 4 Beds | $3,075 | $2,500 | $2,500 – $3,650 | $2 / $2 | 1,899 / 1,600 | 45 / 36 | 0 | 2 |
| 5 Beds | $7,895 | $7,895 | $7,895 – $7,895 | $3 / $3 | 3,154 / 3,154 | 2 / 2 | 1 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$500,000Median DOM:7New:25Total:58
Apr 2026
Median Price:$550,000Median DOM:7New:29Total:69
May 2026
Median Price:$585,000Median DOM:7New:36Total:76
Jun 2026
Median Price:$599,000Median DOM:2New:40Total:81
Jul 2026
Median Price:$569,500Median DOM:1New:37Total:72
Aug 2026
Median Price:$549,900Median DOM:1New:33Total:77
6-Month Rental Trend
Mar 2026
Median Rent:$2,033Median DOM:1New:50Total:78
Apr 2026
Median Rent:$2,067Median DOM:1New:51Total:84
May 2026
Median Rent:$2,062Median DOM:1New:51Total:92
Jun 2026
Median Rent:$2,210Median DOM:1New:57Total:101
Jul 2026
Median Rent:$2,291Median DOM:1New:47Total:101
Aug 2026
Median Rent:$2,264Median DOM:1New:29Total:100
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market were unchanged, signaling steady buyer activity. Rental pricing eased, while total rental inventory tightened.
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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