ZIP 60402 Housing Market Report
Chicago Metro
Report period: August 2026
60402 Monthly Market Update – August 2026
ZIP 60402 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$359,000
0.0%
Median DOM (Sales)
12
0.0%
New Listings (Sales)
53
−35.4%
Median Rent
$1,295
0.0%
Median DOM (Rental)
25
−3.8%
Total Rental Listings
171
+3.6%
Month-over-Month Movement
Median sale prices were flat. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Land (1 DOM)
- Fastest renting: Single Family (12 DOM)
- Strongest bedroom: 7 Beds ($499,900 median)
Sales Market Overview
Median Price
$359,000
0.0%
Median DOM
12
0.0%
New Listings
53
−35.4%
Inventory
186
+3.9%
- Average Price: $374,220
- Median Price: $359,000
- Price Range: $73,600 – $860,000
- Price per Sq Ft (Avg/Median): $229 / $215
- Square Footage (Avg/Median): 1,732 / 1,500
- Square Footage Range: 620 – 6,250
- Days on Market (Avg/Median): 29 / 12
- Days on Market Range: 1 – 309
- New Listings: 53
- Total Listings: 186
Sales by Property Type
Condo
Avg/Median Price$149,421 / $144,900Range$73,600 – $235,000Price per Sq Ft$180 / $178Sq Ft841 / 800DOM42 / 9New7Total19
Land
Avg/Median Price$360,000 / $125,000Range$94,999 – $860,000Price per Sq Ft—Sq Ft—DOM46 / 1New1Total3
Multi-Family
Avg/Median Price$418,532 / $485,000Range$214,900 – $550,000Price per Sq Ft—Sq Ft—DOM20 / 4New6Total19
Single Family
Avg/Median Price$400,027 / $380,000Range$175,000 – $729,900Price per Sq Ft$236 / $226Sq Ft1,855 / 1,634DOM29 / 15New39Total143
Townhouse
Avg/Median Price$265,000 / $259,999Range$259,999 – $270,000Price per Sq Ft$206 / $206Sq Ft1,286 / 1,264DOM4 / 1New0Total2
Sales by Bedroom Count
1 Beds
Avg:$138,300Median:$128,000Range:$73,600 – $199,900PSF:$155 / $156Sq Ft:1,353 / 750DOM:50 / 9New:4Total:11
2 Beds
Avg:$283,570Median:$294,900Range:$129,000 – $575,000PSF:$266 / $259Sq Ft:1,068 / 1,000DOM:30 / 8New:10Total:34
3 Beds
Avg:$385,765Median:$354,873Range:$214,900 – $729,900PSF:$238 / $226Sq Ft:1,706 / 1,462DOM:30 / 15New:12Total:63
4 Beds
Avg:$449,573Median:$439,000Range:$199,900 – $674,900PSF:$220 / $211Sq Ft:2,132 / 1,938DOM:29 / 15New:18Total:48
5 Beds
Avg:$422,894Median:$415,000Range:$214,900 – $725,000PSF:$176 / $171Sq Ft:2,480 / 2,016DOM:18 / 1New:7Total:18
6 Beds
Avg:$437,933Median:$364,900Range:$299,900 – $649,999PSF:$214 / $205Sq Ft:2,560 / 2,600DOM:20 / 15New:0Total:6
7 Beds
Avg:$413,267Median:$499,900Range:$219,900 – $520,000PSF:—Sq Ft:—DOM:11 / 4New:1Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $138,300 | $128,000 | $73,600 – $199,900 | $155 / $156 | 1,353 / 750 | 50 / 9 | 4 | 11 |
| 2 Beds | $283,570 | $294,900 | $129,000 – $575,000 | $266 / $259 | 1,068 / 1,000 | 30 / 8 | 10 | 34 |
| 3 Beds | $385,765 | $354,873 | $214,900 – $729,900 | $238 / $226 | 1,706 / 1,462 | 30 / 15 | 12 | 63 |
| 4 Beds | $449,573 | $439,000 | $199,900 – $674,900 | $220 / $211 | 2,132 / 1,938 | 29 / 15 | 18 | 48 |
| 5 Beds | $422,894 | $415,000 | $214,900 – $725,000 | $176 / $171 | 2,480 / 2,016 | 18 / 1 | 7 | 18 |
| 6 Beds | $437,933 | $364,900 | $299,900 – $649,999 | $214 / $205 | 2,560 / 2,600 | 20 / 15 | 0 | 6 |
| 7 Beds | $413,267 | $499,900 | $219,900 – $520,000 | — | — | 11 / 4 | 1 | 3 |
Rental Market Overview
Median Rent
$1,295
0.0%
Median DOM
25
−3.8%
New Listings
22
Inventory
171
+3.6%
- Average Rent: $1,632
- Median Rent: $1,295
- Rent Range: $950 – $7,960
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 889 / 800
- Square Footage Range: 400 – 4,080
- Days on Market (Avg/Median): 47 / 25
- Days on Market Range: 2 – 344
- New Listings: 22
- Total Listings: 171
Rentals by Property Type
Apartment
$1,225
Median DOM: 30
Inventory: 114
MoM: 0.0%
Condo
$1,400
Median DOM: 22
Inventory: 12
MoM: 0.0%
Single Family
$1,950
Median DOM: 12
Inventory: 44
MoM: 0.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: 0.0%
Apartment
Avg/Median Rent$1,294 / $1,225Range$950 – $2,350Rent per Sq Ft$2 / $2Sq Ft709 / 650DOM54 / 30New6Total114
Condo
Avg/Median Rent$1,636 / $1,400Range$1,125 – $3,029Rent per Sq Ft$2 / $2Sq Ft871 / 800DOM39 / 22New2Total12
Multi-Family
Avg/Median Rent$2,800 / $2,800Range$2,800 – $2,800Rent per Sq Ft$3 / $3Sq Ft1,000 / 1,000DOM19 / 19New0Total1
Single Family
Avg/Median Rent$2,480 / $1,950Range$975 – $7,960Rent per Sq Ft$2 / $2Sq Ft1,180 / 1,000DOM35 / 12New14Total44
Rentals by Bedroom Count
Studio
Avg:$1,054Median:$1,050Range:$975 – $1,125PSF:$2 / $2Sq Ft:506 / 400DOM:30 / 19New:1Total:18
1 Beds
Avg:$1,236Median:$1,200Range:$950 – $1,850PSF:$2 / $2Sq Ft:653 / 650DOM:44 / 31New:6Total:90
2 Beds
Avg:$1,652Median:$1,595Range:$1,150 – $3,029PSF:$2 / $2Sq Ft:896 / 810DOM:63 / 19New:10Total:35
3 Beds
Avg:$2,779Median:$2,200Range:$1,900 – $7,790PSF:$2 / $2Sq Ft:1,422 / 1,200DOM:37 / 21New:4Total:22
4 Beds
Avg:$4,982Median:$3,400Range:$2,500 – $7,960PSF:$3 / $2Sq Ft:1,489 / 1,575DOM:67 / 2New:1Total:6
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,054 | $1,050 | $975 – $1,125 | $2 / $2 | 506 / 400 | 30 / 19 | 1 | 18 |
| 1 Beds | $1,236 | $1,200 | $950 – $1,850 | $2 / $2 | 653 / 650 | 44 / 31 | 6 | 90 |
| 2 Beds | $1,652 | $1,595 | $1,150 – $3,029 | $2 / $2 | 896 / 810 | 63 / 19 | 10 | 35 |
| 3 Beds | $2,779 | $2,200 | $1,900 – $7,790 | $2 / $2 | 1,422 / 1,200 | 37 / 21 | 4 | 22 |
| 4 Beds | $4,982 | $3,400 | $2,500 – $7,960 | $3 / $2 | 1,489 / 1,575 | 67 / 2 | 1 | 6 |
6-Month Sales Trend
Mar 2026
Median Price:$349,900Median DOM:25New:59Total:173
Apr 2026
Median Price:$349,000Median DOM:20New:61Total:186
May 2026
Median Price:$360,000Median DOM:18New:61Total:185
Jun 2026
Median Price:$369,000Median DOM:15New:78Total:172
Jul 2026
Median Price:$359,000Median DOM:12New:82Total:179
Aug 2026
Median Price:$359,000Median DOM:12New:53Total:186
6-Month Rental Trend
Mar 2026
Median Rent:$1,350Median DOM:25New:38Total:105
Apr 2026
Median Rent:$1,300Median DOM:24New:35Total:131
May 2026
Median Rent:$1,300Median DOM:27New:42Total:144
Jun 2026
Median Rent:$1,300Median DOM:27New:53Total:170
Jul 2026
Median Rent:$1,295Median DOM:26New:44Total:165
Aug 2026
Median Rent:$1,295Median DOM:25New:22Total:171
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market were unchanged, signaling steady buyer activity. Rental pricing remained stable, 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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