ZIP 60187 Housing Market Report

Chicago Metro

Report period: July 2026

60187 Monthly Market Update – July 2026

ZIP 60187 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$595,000
−0.7%
Median DOM (Sales)
1
−50.0%
New Listings (Sales)
19
−52.5%
Median Rent
$2,210
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
99
−2.0%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Condo (1 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 5 Beds ($874,900 median)

Sales Market Overview

Median Price
$595,000
−0.7%
Median DOM
1
−50.0%
New Listings
19
−52.5%
Inventory
78
−3.7%
  • Average Price: $667,476
  • Median Price: $595,000
  • Price Range: $179,995 – $2,350,000
  • Price per Sq Ft (Avg/Median): $313 / $306
  • Square Footage (Avg/Median): 2,227 / 2,098
  • Square Footage Range: 872 – 5,401
  • Days on Market (Avg/Median): 13 / 1
  • Days on Market Range: 1 – 107
  • New Listings: 19
  • Total Listings: 78

Sales by Property Type

Condo
Avg/Median Price$300,000 / $300,000Range$300,000 – $300,000Price per Sq Ft$271 / $271Sq Ft1,106 / 1,106DOM1 / 1New0Total1
Land
Avg/Median Price$277,474 / $250,000Range$179,995 – $419,900Price per Sq FtSq FtDOM67 / 91New1Total4
Multi-Family
Avg/Median Price$600,000 / $600,000Range$600,000 – $600,000Price per Sq Ft$240 / $240Sq Ft2,500 / 2,500DOM1 / 1New1Total1
Single Family
Avg/Median Price$705,143 / $600,000Range$260,000 – $2,350,000Price per Sq Ft$319 / $310Sq Ft2,239 / 2,135DOM11 / 1New14Total65
Townhouse
Avg/Median Price$602,700 / $475,000Range$289,900 – $1,350,000Price per Sq Ft$275 / $250Sq Ft2,238 / 1,759DOM6 / 1New3Total7

Sales by Bedroom Count

1 Beds
Avg:$300,000Median:$300,000Range:$300,000 – $300,000PSF:$271 / $271Sq Ft:1,106 / 1,106DOM:1 / 1New:0Total:1
2 Beds
Avg:$455,633Median:$399,000Range:$289,900 – $775,000PSF:$328 / $315Sq Ft:1,426 / 1,090DOM:8 / 2New:1Total:6
3 Beds
Avg:$513,385Median:$475,000Range:$260,000 – $995,900PSF:$317 / $314Sq Ft:1,675 / 1,508DOM:13 / 1New:7Total:33
4 Beds
Avg:$918,996Median:$799,000Range:$429,900 – $2,350,000PSF:$311 / $286Sq Ft:2,893 / 2,746DOM:5 / 1New:7Total:26
5 Beds
Avg:$898,400Median:$874,900Range:$580,000 – $1,149,000PSF:$308 / $308Sq Ft:2,924 / 3,188DOM:20 / 10New:3Total:7
6 Beds
Avg:$795,000Median:$795,000Range:$795,000 – $795,000PSF:$191 / $191Sq Ft:4,158 / 4,158DOM:1 / 1New:0Total:1

Rental Market Overview

Median Rent
$2,210
0.0%
Median DOM
1
0.0%
New Listings
33
Inventory
99
−2.0%
  • Average Rent: $2,304
  • Median Rent: $2,210
  • Rent Range: $765 – $5,345
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 940 / 805
  • Square Footage Range: 400 – 2,400
  • Days on Market (Avg/Median): 20 / 1
  • Days on Market Range: 1 – 246
  • New Listings: 33
  • Total Listings: 99

Rentals by Property Type

Apartment
$2,104
Median DOM: 1
Inventory: 76
MoM: 0.0%
Condo
$1,750
Median DOM: 47
Inventory: 1
MoM: 0.0%
Single Family
$2,595
Median DOM: 3
Inventory: 20
MoM: 0.0%
Townhouse
$1,995
Median DOM: 1
Inventory: 2
MoM: 0.0%
Apartment
Avg/Median Rent$2,228 / $2,104Range$1,085 – $5,345Rent per Sq Ft$3 / $3Sq Ft844 / 796DOM19 / 1New27Total76
Condo
Avg/Median Rent$1,750 / $1,750Range$1,750 – $1,750Rent per Sq Ft$3 / $3Sq Ft522 / 522DOM47 / 47New0Total1
Single Family
Avg/Median Rent$2,611 / $2,595Range$765 – $3,750Rent per Sq Ft$2 / $2Sq Ft1,285 / 1,200DOM28 / 3New6Total20
Townhouse
Avg/Median Rent$2,398 / $1,995Range$1,995 – $2,800Rent per Sq Ft$2 / $2Sq Ft1,240 / 1,200DOM5 / 1New0Total2

Rentals by Bedroom Count

Studio
Avg:$1,833Median:$1,852Range:$1,300 – $2,264PSF:$3 / $3Sq Ft:594 / 615DOM:31 / 1New:8Total:14
1 Beds
Avg:$1,932Median:$1,980Range:$1,085 – $2,508PSF:$3 / $3Sq Ft:762 / 796DOM:11 / 1New:14Total:40
2 Beds
Avg:$2,564Median:$2,700Range:$765 – $3,653PSF:$2 / $2Sq Ft:1,070 / 1,105DOM:25 / 1New:8Total:27
3 Beds
Avg:$3,078Median:$2,995Range:$1,699 – $5,345PSF:$2 / $2Sq Ft:1,230 / 1,200DOM:24 / 7New:2Total:15
4 Beds
Avg:$3,250Median:$3,600Range:$2,500 – $3,650PSF:$2 / $2Sq Ft:2,046 / 2,198DOM:35 / 39New:1Total:3

6-Month Sales Trend

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:$585,000Median DOM:7New:36Total:76
Jun 2026
Median Price:$599,000Median DOM:2New:40Total:81
Jul 2026
Median Price:$595,000Median DOM:1New:19Total:78

6-Month Rental Trend

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:$2,062Median DOM:1New:51Total:92
Jun 2026
Median Rent:$2,210Median DOM:1New:57Total:101
Jul 2026
Median Rent:$2,210Median DOM:1New:33Total:99

Key Market Takeaways

Median sale prices softened this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, 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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