ZIP 60487 Housing Market Report
Chicago Metro
Report period: May 2026
60487 Monthly Market Update – May 2026
ZIP 60487 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$375,900
−3.6%
Median DOM (Sales)
14
+16.7%
New Listings (Sales)
13
−61.8%
Median Rent
$2,900
+0.9%
Median DOM (Rental)
14
−30.0%
Total Rental Listings
11
+10.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (12 DOM)
- Fastest renting: Townhouse (7 DOM)
- Strongest bedroom: 5 Beds ($599,999 median)
Sales Market Overview
Median Price
$375,900
−3.6%
Median DOM
14
+16.7%
New Listings
13
−61.8%
Inventory
101
+5.2%
- Average Price: $497,374
- Median Price: $375,900
- Price Range: $140,000 – $7,907,000
- Price per Sq Ft (Avg/Median): $198 / $188
- Square Footage (Avg/Median): 2,183 / 1,878
- Square Footage Range: 775 – 6,000
- Days on Market (Avg/Median): 33 / 14
- Days on Market Range: 3 – 279
- New Listings: 13
- Total Listings: 101
Sales by Property Type
Condo
Avg/Median Price$272,180 / $279,900Range$212,500 – $319,900Price per Sq Ft$170 / $170Sq Ft1,614 / 1,740DOM36 / 26New2Total15
Land
Avg/Median Price$2,573,821 / $145,000Range$140,000 – $7,907,000Price per Sq Ft—Sq Ft—DOM180 / 81New0Total4
Single Family
Avg/Median Price$476,943 / $489,000Range$209,900 – $749,900Price per Sq Ft$211 / $200Sq Ft2,456 / 2,531DOM27 / 12New6Total54
Townhouse
Avg/Median Price$360,782 / $345,000Range$239,900 – $519,900Price per Sq Ft$188 / $186Sq Ft1,968 / 1,950DOM32 / 12New5Total28
Sales by Bedroom Count
2 Beds
Avg:$315,919Median:$299,900Range:$219,900 – $519,900PSF:$189 / $176Sq Ft:1,655 / 1,700DOM:33 / 16New:5Total:31
3 Beds
Avg:$383,600Median:$379,000Range:$212,500 – $575,000PSF:$208 / $195Sq Ft:1,920 / 1,800DOM:28 / 14New:4Total:38
4 Beds
Avg:$477,961Median:$529,000Range:$209,900 – $610,000PSF:$217 / $197Sq Ft:2,433 / 2,684DOM:23 / 8New:3Total:13
5 Beds
Avg:$622,377Median:$599,999Range:$479,900 – $749,900PSF:$176 / $178Sq Ft:3,587 / 3,400DOM:32 / 12New:1Total:13
6 Beds
Avg:$632,400Median:$599,900Range:$599,900 – $664,900PSF:$148 / $147Sq Ft:4,266 / 4,019DOM:32 / 22New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $315,919 | $299,900 | $219,900 – $519,900 | $189 / $176 | 1,655 / 1,700 | 33 / 16 | 5 | 31 |
| 3 Beds | $383,600 | $379,000 | $212,500 – $575,000 | $208 / $195 | 1,920 / 1,800 | 28 / 14 | 4 | 38 |
| 4 Beds | $477,961 | $529,000 | $209,900 – $610,000 | $217 / $197 | 2,433 / 2,684 | 23 / 8 | 3 | 13 |
| 5 Beds | $622,377 | $599,999 | $479,900 – $749,900 | $176 / $178 | 3,587 / 3,400 | 32 / 12 | 1 | 13 |
| 6 Beds | $632,400 | $599,900 | $599,900 – $664,900 | $148 / $147 | 4,266 / 4,019 | 32 / 22 | 0 | 2 |
Rental Market Overview
Median Rent
$2,900
+0.9%
Median DOM
14
−30.0%
New Listings
2
Inventory
11
+10.0%
- Average Rent: $2,893
- Median Rent: $2,900
- Rent Range: $2,500 – $3,400
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,642 / 1,800
- Square Footage Range: 900 – 2,213
- Days on Market (Avg/Median): 25 / 14
- Days on Market Range: 6 – 85
- New Listings: 2
- Total Listings: 11
Rentals by Property Type
Apartment
—
Median DOM: —
Inventory: —
MoM: +0.9%
Condo
$2,500
Median DOM: 8
Inventory: 2
MoM: +0.9%
Single Family
$2,950
Median DOM: 14
Inventory: 6
MoM: +0.9%
Townhouse
$2,875
Median DOM: 7
Inventory: 3
MoM: +0.9%
Condo
Avg/Median Rent$2,575 / $2,500Range$2,500 – $2,650Rent per Sq Ft$2 / $1Sq Ft1,350 / 900DOM32 / 8New0Total2
Single Family
Avg/Median Rent$3,025 / $2,950Range$2,500 – $3,400Rent per Sq Ft$2 / $2Sq Ft1,689 / 1,550DOM29 / 14New2Total6
Townhouse
Avg/Median Rent$2,842 / $2,875Range$2,650 – $3,000Rent per Sq Ft$2 / $2Sq Ft1,742 / 1,800DOM11 / 7New0Total3
Rentals by Bedroom Count
2 Beds
Avg:$2,669Median:$2,650Range:$2,500 – $2,875PSF:$2 / $2Sq Ft:1,488 / 1,450DOM:23 / 8New:0Total:4
3 Beds
Avg:$3,033Median:$3,000Range:$2,500 – $3,400PSF:$2 / $2Sq Ft:1,760 / 1,800DOM:26 / 7New:2Total:6
4 Beds
Avg:$2,950Median:$2,950Range:$2,950 – $2,950PSF:$2 / $2Sq Ft:1,550 / 1,550DOM:21 / 21New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $2,669 | $2,650 | $2,500 – $2,875 | $2 / $2 | 1,488 / 1,450 | 23 / 8 | 0 | 4 |
| 3 Beds | $3,033 | $3,000 | $2,500 – $3,400 | $2 / $2 | 1,760 / 1,800 | 26 / 7 | 2 | 6 |
| 4 Beds | $2,950 | $2,950 | $2,950 – $2,950 | $2 / $2 | 1,550 / 1,550 | 21 / 21 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$349,900Median DOM:44New:15Total:84
Jan 2026
Median Price:$354,900Median DOM:34New:18Total:77
Feb 2026
Median Price:$367,900Median DOM:13New:29Total:75
Mar 2026
Median Price:$374,900Median DOM:9New:35Total:90
Apr 2026
Median Price:$389,900Median DOM:12New:34Total:96
May 2026
Median Price:$375,900Median DOM:14New:13Total:101
6-Month Rental Trend
Dec 2025
Median Rent:$2,750Median DOM:34New:1Total:11
Jan 2026
Median Rent:$2,750Median DOM:24New:3Total:10
Feb 2026
Median Rent:$2,750Median DOM:27New:3Total:8
Mar 2026
Median Rent:$2,875Median DOM:20New:2Total:9
Apr 2026
Median Rent:$2,875Median DOM:20New:6Total:10
May 2026
Median Rent:$2,900Median DOM:14New:2Total:11
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market lengthened, signaling slower 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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