ZIP 60201 Housing Market Report

Chicago Metro

Report period: August 2026

60201 Monthly Market Update – August 2026

ZIP 60201 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$495,000
−5.7%
Median DOM (Sales)
1
0.0%
New Listings (Sales)
44
−41.3%
Median Rent
$2,395
+4.4%
Median DOM (Rental)
41
0.0%
Total Rental Listings
299
+0.7%

Month-over-Month Movement

Median sale prices eased compared to last month. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Condo (1 DOM)
  • Fastest renting: Condo (25 DOM)
  • Strongest bedroom: 8 Beds ($990,000 median)

Sales Market Overview

Median Price
$495,000
−5.7%
Median DOM
1
0.0%
New Listings
44
−41.3%
Inventory
140
+0.7%
  • Average Price: $659,168
  • Median Price: $495,000
  • Price Range: $110,000 – $3,499,999
  • Price per Sq Ft (Avg/Median): $359 / $353
  • Square Footage (Avg/Median): 1,881 / 1,480
  • Square Footage Range: 604 – 7,759
  • Days on Market (Avg/Median): 22 / 1
  • Days on Market Range: 1 – 331
  • New Listings: 44
  • Total Listings: 140

Sales by Property Type

Condo
Avg/Median Price$437,760 / $399,900Range$159,000 – $1,250,000Price per Sq Ft$350 / $350Sq Ft1,273 / 1,250DOM18 / 1New19Total58
Land
Avg/Median Price$926,750 / $197,000Range$110,000 – $2,950,000Price per Sq FtSq FtDOM21 / 1New3Total4
Multi-Family
Avg/Median Price$788,250 / $700,000Range$498,000 – $1,195,000Price per Sq Ft$248 / $248Sq Ft4,000 / 4,000DOM20 / 1New4Total8
Single Family
Avg/Median Price$828,040 / $665,000Range$113,000 – $3,499,999Price per Sq Ft$377 / $361Sq Ft2,396 / 1,898DOM25 / 1New16Total62
Townhouse
Avg/Median Price$692,750 / $519,000Range$285,000 – $1,489,000Price per Sq Ft$314 / $308Sq Ft2,286 / 1,436DOM28 / 6New2Total8

Sales by Bedroom Count

Studio
Avg:$113,000Median:$113,000Range:$113,000 – $113,000PSF:Sq Ft:DOM:1 / 1New:1Total:1
1 Beds
Avg:$277,661Median:$279,900Range:$149,000 – $369,999PSF:$337 / $390Sq Ft:848 / 819DOM:46 / 19New:3Total:13
2 Beds
Avg:$410,877Median:$399,900Range:$165,000 – $1,250,000PSF:$348 / $349Sq Ft:1,257 / 1,278DOM:24 / 1New:14Total:44
3 Beds
Avg:$668,670Median:$599,000Range:$150,000 – $1,489,000PSF:$371 / $361Sq Ft:1,909 / 1,800DOM:16 / 3New:12Total:44
4 Beds
Avg:$1,038,675Median:$735,000Range:$350,000 – $3,499,999PSF:$386 / $347Sq Ft:3,004 / 3,200DOM:10 / 1New:4Total:20
5 Beds
Avg:$1,140,175Median:$700,000Range:$469,900 – $2,875,000PSF:$318 / $340Sq Ft:3,625 / 2,632DOM:22 / 1New:4Total:8
6 Beds
Avg:$1,750,000Median:$525,000Range:$525,000 – $2,975,000PSF:$386 / $386Sq Ft:7,700 / 7,700DOM:71 / 37New:0Total:2
7 Beds
Avg:$799,000Median:$799,000Range:$799,000 – $799,000PSF:$540 / $540Sq Ft:1,480 / 1,480DOM:1 / 1New:1Total:1
8 Beds
Avg:$1,053,333Median:$990,000Range:$975,000 – $1,195,000PSF:$248 / $248Sq Ft:4,000 / 4,000DOM:30 / 1New:2Total:3

Rental Market Overview

Median Rent
$2,395
+4.4%
Median DOM
41
0.0%
New Listings
13
Inventory
299
+0.7%
  • Average Rent: $2,611
  • Median Rent: $2,395
  • Rent Range: $981 – $10,000
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,015 / 850
  • Square Footage Range: 300 – 16,200
  • Days on Market (Avg/Median): 64 / 41
  • Days on Market Range: 2 – 334
  • New Listings: 13
  • Total Listings: 299

Rentals by Property Type

Apartment
$2,195
Median DOM: 42
Inventory: 236
MoM: +4.4%
Condo
$2,700
Median DOM: 25
Inventory: 20
MoM: +4.4%
Single Family
$2,909
Median DOM: 55
Inventory: 43
MoM: +4.4%
Townhouse
Median DOM:
Inventory:
MoM: +4.4%
Apartment
Avg/Median Rent$2,439 / $2,195Range$981 – $10,000Rent per Sq Ft$3 / $3Sq Ft879 / 779DOM64 / 42New8Total236
Condo
Avg/Median Rent$2,871 / $2,700Range$1,250 – $4,200Rent per Sq Ft$3 / $3Sq Ft1,843 / 1,100DOM35 / 25New2Total20
Single Family
Avg/Median Rent$3,435 / $2,909Range$1,545 – $7,500Rent per Sq Ft$3 / $3Sq Ft1,157 / 991DOM75 / 55New3Total43

Rentals by Bedroom Count

Studio
Avg:$1,492Median:$1,250Range:$981 – $2,667PSF:$3 / $3Sq Ft:447 / 400DOM:85 / 54New:1Total:29
1 Beds
Avg:$2,125Median:$1,795Range:$1,160 – $4,900PSF:$3 / $3Sq Ft:729 / 700DOM:50 / 33New:5Total:114
2 Beds
Avg:$2,728Median:$2,450Range:$1,475 – $4,776PSF:$3 / $3Sq Ft:1,042 / 1,063DOM:69 / 42New:6Total:117
3 Beds
Avg:$3,313Median:$3,450Range:$2,100 – $5,485PSF:$2 / $3Sq Ft:2,416 / 1,200DOM:59 / 46New:1Total:20
4 Beds
Avg:$4,399Median:$3,500Range:$2,750 – $7,500PSF:$2 / $2Sq Ft:1,992 / 1,820DOM:64 / 42New:0Total:9
5 Beds
Avg:$5,862Median:$5,350Range:$4,500 – $7,500PSF:$3 / $3Sq Ft:1,974 / 2,000DOM:74 / 44New:0Total:4
6 Beds
Avg:$7,017Median:$7,000Range:$6,700 – $7,350PSF:$1 / $1Sq Ft:5,000 / 5,000DOM:120 / 129New:0Total:3
7 Beds
Avg:$7,500Median:$7,500Range:$7,500 – $7,500PSF:Sq Ft:DOM:129 / 129New:0Total:1
8 Beds
Avg:$9,000Median:$8,000Range:$8,000 – $10,000PSF:$3 / $3Sq Ft:3,000 / 3,000DOM:129 / 129New:0Total:2

6-Month Sales Trend

Mar 2026
Median Price:$430,000Median DOM:12New:50Total:131
Apr 2026
Median Price:$515,000Median DOM:10New:59Total:146
May 2026
Median Price:$525,000Median DOM:9New:55Total:144
Jun 2026
Median Price:$515,000Median DOM:6New:63Total:140
Jul 2026
Median Price:$525,000Median DOM:1New:75Total:139
Aug 2026
Median Price:$495,000Median DOM:1New:44Total:140

6-Month Rental Trend

Mar 2026
Median Rent:$2,095Median DOM:30New:59Total:228
Apr 2026
Median Rent:$2,195Median DOM:27New:83Total:292
May 2026
Median Rent:$2,295Median DOM:32New:64Total:310
Jun 2026
Median Rent:$2,350Median DOM:32New:66Total:306
Jul 2026
Median Rent:$2,295Median DOM:41New:48Total:297
Aug 2026
Median Rent:$2,395Median DOM:41New:13Total:299

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market were unchanged, signaling steady 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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