ZIP 60201 Housing Market Report

Chicago Metro

Report period: May 2026

60201 Monthly Market Update – May 2026

ZIP 60201 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$499,800
−3.0%
Median DOM (Sales)
10
0.0%
New Listings (Sales)
21
−64.4%
Median Rent
$2,245
+2.3%
Median DOM (Rental)
31
+14.8%
Total Rental Listings
288
−1.4%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Single Family (9 DOM)
  • Fastest renting: Townhouse (13 DOM)
  • Strongest bedroom: 7 Beds ($2,000,000 median)

Sales Market Overview

Median Price
$499,800
−3.0%
Median DOM
10
0.0%
New Listings
21
−64.4%
Inventory
148
+1.4%
  • Average Price: $684,799
  • Median Price: $499,800
  • Price Range: $115,000 – $3,750,000
  • Price per Sq Ft (Avg/Median): $351 / $357
  • Square Footage (Avg/Median): 1,916 / 1,479
  • Square Footage Range: 600 – 7,700
  • Days on Market (Avg/Median): 31 / 10
  • Days on Market Range: 1 – 249
  • New Listings: 21
  • Total Listings: 148

Sales by Property Type

Condo
Avg/Median Price$409,863 / $359,000Range$135,000 – $1,699,000Price per Sq Ft$335 / $328Sq Ft1,248 / 1,100DOM29 / 10New11Total65
Land
Avg/Median Price$1,108,500 / $475,000Range$209,000 – $2,950,000Price per Sq FtSq FtDOM65 / 25New1Total4
Multi-Family
Avg/Median Price$701,433 / $725,000Range$369,000 – $1,045,000Price per Sq FtSq FtDOM17 / 12New2Total9
Single Family
Avg/Median Price$932,052 / $849,000Range$115,000 – $3,750,000Price per Sq Ft$368 / $364Sq Ft2,550 / 2,230DOM30 / 9New5Total61
Townhouse
Avg/Median Price$789,667 / $625,000Range$360,000 – $1,489,000Price per Sq Ft$347 / $360Sq Ft2,405 / 1,815DOM40 / 18New2Total9

Sales by Bedroom Count

Studio
Avg:$147,000Median:$115,000Range:$115,000 – $179,000PSF:Sq Ft:DOM:21 / 7New:1Total:2
1 Beds
Avg:$257,206Median:$233,900Range:$135,000 – $375,500PSF:$310 / $348Sq Ft:830 / 800DOM:59 / 11New:2Total:16
2 Beds
Avg:$358,496Median:$345,000Range:$149,999 – $715,000PSF:$319 / $304Sq Ft:1,136 / 1,100DOM:32 / 14New:4Total:48
3 Beds
Avg:$741,467Median:$649,000Range:$150,000 – $1,699,000PSF:$373 / $372Sq Ft:2,036 / 1,800DOM:19 / 9New:8Total:36
4 Beds
Avg:$991,670Median:$999,000Range:$350,000 – $1,850,000PSF:$367 / $357Sq Ft:2,971 / 3,100DOM:20 / 7New:4Total:23
5 Beds
Avg:$1,381,264Median:$1,249,000Range:$449,900 – $3,750,000PSF:$454 / $422Sq Ft:3,483 / 2,912DOM:26 / 7New:1Total:11
6 Beds
Avg:$1,271,500Median:$860,000Range:$599,000 – $3,095,000PSF:$382 / $387Sq Ft:4,631 / 3,097DOM:25 / 20New:0Total:6
7 Beds
Avg:$2,000,000Median:$2,000,000Range:$2,000,000 – $2,000,000PSF:$333 / $333Sq Ft:6,000 / 6,000DOM:134 / 134New:0Total:1
8 Beds
Avg:$975,000Median:$975,000Range:$975,000 – $975,000PSF:Sq Ft:DOM:20 / 20New:0Total:1

Rental Market Overview

Median Rent
$2,245
+2.3%
Median DOM
31
+14.8%
New Listings
13
Inventory
288
−1.4%
  • Average Rent: $2,788
  • Median Rent: $2,245
  • Rent Range: $1,030 – $10,000
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,165 / 900
  • Square Footage Range: 325 – 16,200
  • Days on Market (Avg/Median): 62 / 31
  • Days on Market Range: 2 – 361
  • New Listings: 13
  • Total Listings: 288

Rentals by Property Type

Apartment
$1,900
Median DOM: 35
Inventory: 210
MoM: +2.3%
Condo
$2,650
Median DOM: 20
Inventory: 40
MoM: +2.3%
Single Family
$3,560
Median DOM: 43
Inventory: 36
MoM: +2.3%
Townhouse
$2,600
Median DOM: 13
Inventory: 2
MoM: +2.3%
Apartment
Avg/Median Rent$2,590 / $1,900Range$1,030 – $10,000Rent per Sq Ft$3 / $3Sq Ft1,010 / 820DOM72 / 35New10Total210
Condo
Avg/Median Rent$2,852 / $2,650Range$1,600 – $5,600Rent per Sq Ft$2 / $2Sq Ft1,582 / 1,200DOM27 / 20New2Total40
Single Family
Avg/Median Rent$3,845 / $3,560Range$1,800 – $9,000Rent per Sq Ft$3 / $3Sq Ft1,312 / 900DOM58 / 43New1Total36
Townhouse
Avg/Median Rent$3,275 / $2,600Range$2,600 – $3,950Rent per Sq Ft$2 / $2Sq Ft1,450 / 999DOM21 / 13New0Total2

Rentals by Bedroom Count

Studio
Avg:$1,717Median:$1,450Range:$1,118 – $2,667PSF:$4 / $4Sq Ft:517 / 514DOM:141 / 90New:0Total:23
1 Beds
Avg:$2,042Median:$1,700Range:$1,030 – $4,900PSF:$3 / $3Sq Ft:745 / 700DOM:61 / 27New:4Total:114
2 Beds
Avg:$2,873Median:$2,500Range:$1,400 – $6,935PSF:$3 / $3Sq Ft:1,205 / 1,079DOM:54 / 27New:6Total:102
3 Beds
Avg:$4,015Median:$3,550Range:$2,150 – $8,759PSF:$3 / $3Sq Ft:1,946 / 1,485DOM:59 / 29New:3Total:34
4 Beds
Avg:$5,838Median:$4,450Range:$4,400 – $7,500PSF:$3 / $3Sq Ft:2,288 / 2,142DOM:50 / 43New:0Total:4
5 Beds
Avg:$5,483Median:$5,350Range:$5,000 – $6,100PSF:$2 / $1Sq Ft:3,761 / 1,522DOM:43 / 38New:0Total:3
6 Beds
Avg:$7,180Median:$7,000Range:$5,850 – $9,000PSF:$2 / $1Sq Ft:4,000 / 3,000DOM:32 / 38New:0Total:5
7 Beds
Avg:$7,500Median:$7,500Range:$7,500 – $7,500PSF:Sq Ft:DOM:38 / 38New:0Total:1
8 Beds
Avg:$9,000Median:$8,000Range:$8,000 – $10,000PSF:$3 / $3Sq Ft:3,000 / 3,000DOM:38 / 38New:0Total:2

6-Month Sales Trend

Dec 2025
Median Price:$435,000Median DOM:58New:20Total:129
Jan 2026
Median Price:$440,000Median DOM:48New:18Total:114
Feb 2026
Median Price:$430,000Median DOM:15New:46Total:102
Mar 2026
Median Price:$430,000Median DOM:12New:50Total:131
Apr 2026
Median Price:$515,000Median DOM:10New:59Total:146
May 2026
Median Price:$499,800Median DOM:10New:21Total:148

6-Month Rental Trend

Dec 2025
Median Rent:$2,250Median DOM:73New:31Total:220
Jan 2026
Median Rent:$2,195Median DOM:79New:19Total:206
Feb 2026
Median Rent:$2,095Median DOM:61New:35Total:207
Mar 2026
Median Rent:$2,095Median DOM:30New:59Total:228
Apr 2026
Median Rent:$2,195Median DOM:27New:83Total:292
May 2026
Median Rent:$2,245Median DOM:31New:13Total:288

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 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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