ZIP 60187 Housing Market Report
Chicago Metro
Report period: March 2026
60187 Monthly Market Update – March 2026
ZIP 60187 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$479,900
+1.0%
Median DOM (Sales)
16
−27.3%
New Listings (Sales)
3
−80.0%
Median Rent
$2,045
+5.7%
Median DOM (Rental)
1
0.0%
Total Rental Listings
94
−3.1%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (14 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($775,000 median)
Sales Market Overview
Median Price
$479,900
+1.0%
Median DOM
16
−27.3%
New Listings
3
−80.0%
Inventory
44
−6.4%
- Average Price: $578,418
- Median Price: $479,900
- Price Range: $179,995 – $1,390,000
- Price per Sq Ft (Avg/Median): $316 / $309
- Square Footage (Avg/Median): 1,904 / 1,646
- Square Footage Range: 858 – 4,372
- Days on Market (Avg/Median): 57 / 16
- Days on Market Range: 4 – 288
- New Listings: 3
- Total Listings: 44
Sales by Property Type
Condo
Avg/Median Price$392,933 / $379,900Range$319,000 – $479,900Price per Sq Ft$287 / $266Sq Ft1,364 / 1,442DOM15 / 16New0Total3
Land
Avg/Median Price$302,498 / $179,995Range$179,995 – $425,000Price per Sq Ft—Sq Ft—DOM226 / 166New0Total2
Single Family
Avg/Median Price$582,294 / $499,900Range$259,900 – $1,325,000Price per Sq Ft$320 / $312Sq Ft1,858 / 1,646DOM50 / 14New3Total36
Townhouse
Avg/Median Price$901,333 / $735,000Range$579,000 – $1,390,000Price per Sq Ft$297 / $258Sq Ft2,990 / 2,918DOM76 / 34New0Total3
Sales by Bedroom Count
2 Beds
Avg:$384,071Median:$399,900Range:$259,900 – $479,900PSF:$294 / $266Sq Ft:1,396 / 1,442DOM:36 / 16New:0Total:7
3 Beds
Avg:$580,728Median:$500,000Range:$345,000 – $1,390,000PSF:$319 / $327Sq Ft:1,850 / 1,500DOM:47 / 14New:2Total:25
4 Beds
Avg:$657,300Median:$620,000Range:$425,000 – $859,900PSF:$346 / $306Sq Ft:1,916 / 1,646DOM:98 / 34New:0Total:6
5 Beds
Avg:$923,725Median:$775,000Range:$369,900 – $1,325,000PSF:$286 / $303Sq Ft:3,107 / 2,549DOM:12 / 6New:1Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $384,071 | $399,900 | $259,900 – $479,900 | $294 / $266 | 1,396 / 1,442 | 36 / 16 | 0 | 7 |
| 3 Beds | $580,728 | $500,000 | $345,000 – $1,390,000 | $319 / $327 | 1,850 / 1,500 | 47 / 14 | 2 | 25 |
| 4 Beds | $657,300 | $620,000 | $425,000 – $859,900 | $346 / $306 | 1,916 / 1,646 | 98 / 34 | 0 | 6 |
| 5 Beds | $923,725 | $775,000 | $369,900 – $1,325,000 | $286 / $303 | 3,107 / 2,549 | 12 / 6 | 1 | 4 |
Rental Market Overview
Median Rent
$2,045
+5.7%
Median DOM
1
0.0%
New Listings
24
Inventory
94
−3.1%
- Average Rent: $2,231
- Median Rent: $2,045
- Rent Range: $1,085 – $6,180
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 979 / 972
- Square Footage Range: 400 – 2,236
- Days on Market (Avg/Median): 18 / 1
- Days on Market Range: 1 – 288
- New Listings: 24
- Total Listings: 94
Rentals by Property Type
Apartment
$1,935
Median DOM: 1
Inventory: 68
MoM: +5.7%
Condo
$1,300
Median DOM: 13
Inventory: 6
MoM: +5.7%
Single Family
$2,699
Median DOM: 8
Inventory: 16
MoM: +5.7%
Townhouse
$2,025
Median DOM: 2
Inventory: 4
MoM: +5.7%
Apartment
Avg/Median Rent$2,212 / $1,935Range$1,085 – $6,180Rent per Sq Ft$2 / $2Sq Ft911 / 800DOM12 / 1New15Total68
Condo
Avg/Median Rent$1,404 / $1,300Range$1,300 – $1,550Rent per Sq Ft$2 / $2Sq Ft673 / 680DOM23 / 13New1Total6
Single Family
Avg/Median Rent$2,593 / $2,699Range$1,400 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,345 / 1,300DOM40 / 8New8Total16
Townhouse
Avg/Median Rent$2,344 / $2,025Range$2,025 – $3,300Rent per Sq Ft$2 / $2Sq Ft1,459 / 1,200DOM17 / 2New0Total4
Rentals by Bedroom Count
Studio
Avg:$1,369Median:$1,300Range:$1,300 – $1,715PSF:$3 / $3Sq Ft:465 / 450DOM:9 / 11New:3Total:6
1 Beds
Avg:$1,844Median:$1,700Range:$1,085 – $2,563PSF:$3 / $2Sq Ft:745 / 765DOM:7 / 1New:7Total:36
2 Beds
Avg:$2,244Median:$2,115Range:$1,450 – $3,956PSF:$2 / $2Sq Ft:1,096 / 1,118DOM:24 / 1New:8Total:35
3 Beds
Avg:$3,351Median:$2,945Range:$2,025 – $6,180PSF:$2 / $2Sq Ft:1,412 / 1,356DOM:25 / 2New:6Total:14
4 Beds
Avg:$3,100Median:$3,000Range:$3,000 – $3,200PSF:$2 / $2Sq Ft:1,488 / 1,472DOM:68 / 55New:0Total:2
5 Beds
Avg:$3,500Median:$3,500Range:$3,500 – $3,500PSF:$2 / $2Sq Ft:1,800 / 1,800DOM:31 / 31New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,369 | $1,300 | $1,300 – $1,715 | $3 / $3 | 465 / 450 | 9 / 11 | 3 | 6 |
| 1 Beds | $1,844 | $1,700 | $1,085 – $2,563 | $3 / $2 | 745 / 765 | 7 / 1 | 7 | 36 |
| 2 Beds | $2,244 | $2,115 | $1,450 – $3,956 | $2 / $2 | 1,096 / 1,118 | 24 / 1 | 8 | 35 |
| 3 Beds | $3,351 | $2,945 | $2,025 – $6,180 | $2 / $2 | 1,412 / 1,356 | 25 / 2 | 6 | 14 |
| 4 Beds | $3,100 | $3,000 | $3,000 – $3,200 | $2 / $2 | 1,488 / 1,472 | 68 / 55 | 0 | 2 |
| 5 Beds | $3,500 | $3,500 | $3,500 – $3,500 | $2 / $2 | 1,800 / 1,800 | 31 / 31 | 0 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$535,000Median DOM:34New:29Total:105
Nov 2025
Median Price:$549,900Median DOM:47New:14Total:95
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:$479,900Median DOM:16New:3Total:44
6-Month Rental Trend
Oct 2025
Median Rent:$2,200Median DOM:1New:59Total:103
Nov 2025
Median Rent:$2,200Median DOM:1New:61Total:97
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:$2,045Median DOM:1New:24Total:94
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing increased, 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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