ZIP 60423 Housing Market Report

Chicago Metro

Report period: March 2026

60423 Monthly Market Update – March 2026

ZIP 60423 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$500,000
+0.0%
Median DOM (Sales)
20
0.0%
New Listings (Sales)
18
−53.8%
Median Rent
$2,400
−7.7%
Median DOM (Rental)
39
+30.0%
Total Rental Listings
12
−7.7%

Month-over-Month Movement

Median sale prices moved higher. Rents softened. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Townhouse (14 DOM)
  • Fastest renting: Multi-Family (6 DOM)
  • Strongest bedroom: 7 Beds ($1,595,000 median)

Sales Market Overview

Median Price
$500,000
+0.0%
Median DOM
20
0.0%
New Listings
18
−53.8%
Inventory
125
+8.7%
  • Average Price: $581,597
  • Median Price: $500,000
  • Price Range: $50,000 – $2,351,250
  • Price per Sq Ft (Avg/Median): $232 / $220
  • Square Footage (Avg/Median): 2,722 / 2,615
  • Square Footage Range: 966 – 10,701
  • Days on Market (Avg/Median): 50 / 20
  • Days on Market Range: 2 – 356
  • New Listings: 18
  • Total Listings: 125

Sales by Property Type

Condo
Avg/Median Price$254,725 / $244,900Range$165,000 – $310,000Price per Sq Ft$190 / $174Sq Ft1,325 / 1,405DOM37 / 32New0Total4
Land
Avg/Median Price$487,585 / $240,000Range$50,000 – $2,351,250Price per Sq FtSq FtDOM97 / 81New3Total17
Manufactured
Avg/Median Price$143,050 / $129,900Range$108,800 – $179,900Price per Sq FtSq FtDOM66 / 27New0Total6
Single Family
Avg/Median Price$669,012 / $599,900Range$280,000 – $1,999,000Price per Sq Ft$233 / $220Sq Ft2,940 / 2,933DOM46 / 16New11Total76
Townhouse
Avg/Median Price$531,296 / $499,900Range$269,900 – $829,000Price per Sq Ft$237 / $234Sq Ft2,221 / 2,265DOM31 / 14New4Total22

Sales by Bedroom Count

2 Beds
Avg:$393,392Median:$310,000Range:$165,000 – $689,900PSF:$216 / $196Sq Ft:1,866 / 1,757DOM:24 / 22New:1Total:11
3 Beds
Avg:$462,210Median:$389,000Range:$108,800 – $944,444PSF:$237 / $232Sq Ft:2,135 / 1,903DOM:35 / 12New:6Total:54
4 Beds
Avg:$839,148Median:$719,000Range:$365,000 – $1,999,000PSF:$251 / $232Sq Ft:3,318 / 3,492DOM:69 / 22New:3Total:27
5 Beds
Avg:$724,800Median:$769,000Range:$359,500 – $1,325,000PSF:$199 / $195Sq Ft:3,606 / 3,686DOM:27 / 14New:5Total:15
7 Beds
Avg:$1,595,000Median:$1,595,000Range:$1,595,000 – $1,595,000PSF:$149 / $149Sq Ft:10,701 / 10,701DOM:356 / 356New:0Total:1

Rental Market Overview

Median Rent
$2,400
−7.7%
Median DOM
39
+30.0%
New Listings
3
Inventory
12
−7.7%
  • Average Rent: $2,610
  • Median Rent: $2,400
  • Rent Range: $1,350 – $4,245
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,523 / 1,176
  • Square Footage Range: 750 – 3,008
  • Days on Market (Avg/Median): 48 / 39
  • Days on Market Range: 1 – 106
  • New Listings: 3
  • Total Listings: 12

Rentals by Property Type

Apartment
$2,350
Median DOM: 106
Inventory: 1
MoM: −7.7%
Condo
Median DOM:
Inventory:
MoM: −7.7%
Single Family
$2,600
Median DOM: 39
Inventory: 9
MoM: −7.7%
Townhouse
$1,650
Median DOM: 106
Inventory: 1
MoM: −7.7%
Apartment
Avg/Median Rent$2,350 / $2,350Range$2,350 – $2,350Rent per Sq Ft$2 / $2Sq Ft1,300 / 1,300DOM106 / 106New0Total1
Multi-Family
Avg/Median Rent$1,350 / $1,350Range$1,350 – $1,350Rent per Sq Ft$2 / $2Sq Ft900 / 900DOM6 / 6New0Total1
Single Family
Avg/Median Rent$2,886 / $2,600Range$1,600 – $4,245Rent per Sq Ft$2 / $2Sq Ft1,678 / 1,200DOM40 / 39New3Total9
Townhouse
Avg/Median Rent$1,650 / $1,650Range$1,650 – $1,650Rent per Sq Ft$2 / $2Sq Ft968 / 968DOM106 / 106New0Total1

Rentals by Bedroom Count

1 Beds
Avg:$1,600Median:$1,600Range:$1,600 – $1,600PSF:$2 / $2Sq Ft:750 / 750DOM:11 / 11New:0Total:1
2 Beds
Avg:$1,838Median:$1,650Range:$1,350 – $2,350PSF:$2 / $2Sq Ft:994 / 900DOM:57 / 10New:1Total:4
3 Beds
Avg:$2,826Median:$2,600Range:$2,400 – $3,929PSF:$2 / $2Sq Ft:1,517 / 1,200DOM:58 / 47New:1Total:5
4 Beds
Avg:$4,000Median:$4,000Range:$4,000 – $4,000PSF:$1 / $1Sq Ft:2,956 / 2,956DOM:48 / 48New:0Total:1
5 Beds
Avg:$4,245Median:$4,245Range:$4,245 – $4,245PSF:$1 / $1Sq Ft:3,008 / 3,008DOM:1 / 1New:1Total:1

6-Month Sales Trend

Oct 2025
Median Price:$499,000Median DOM:42New:62Total:192
Nov 2025
Median Price:$499,990Median DOM:47New:34Total:187
Dec 2025
Median Price:$500,000Median DOM:52New:13Total:156
Jan 2026
Median Price:$499,000Median DOM:42New:30Total:141
Feb 2026
Median Price:$499,900Median DOM:20New:39Total:115
Mar 2026
Median Price:$500,000Median DOM:20New:18Total:125

6-Month Rental Trend

Oct 2025
Median Rent:$2,800Median DOM:41New:4Total:17
Nov 2025
Median Rent:$2,649Median DOM:25New:7Total:13
Dec 2025
Median Rent:$2,649Median DOM:17New:7Total:16
Jan 2026
Median Rent:$2,700Median DOM:17New:3Total:14
Feb 2026
Median Rent:$2,600Median DOM:30New:3Total:13
Mar 2026
Median Rent:$2,400Median DOM:39New:3Total:12

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market were unchanged, signaling steady buyer activity. Rental pricing eased, 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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