ZIP 60487 Housing Market Report

Chicago Metro

Report period: July 2026

60487 Monthly Market Update – July 2026

ZIP 60487 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$389,900
+5.7%
Median DOM (Sales)
9
−10.0%
New Listings (Sales)
18
−51.4%
Median Rent
$2,995
−1.3%
Median DOM (Rental)
30
+20.0%
Total Rental Listings
9
0.0%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents softened.

What's Moving Fastest

  • Fastest selling: Single Family (5 DOM)
  • Fastest renting: Apartment (18 DOM)
  • Strongest bedroom: 5 Beds ($599,999 median)

Sales Market Overview

Median Price
$389,900
+5.7%
Median DOM
9
−10.0%
New Listings
18
−51.4%
Inventory
86
−14.9%
  • Average Price: $511,090
  • Median Price: $389,900
  • Price Range: $145,000 – $7,907,000
  • Price per Sq Ft (Avg/Median): $205 / $192
  • Square Footage (Avg/Median): 2,092 / 1,898
  • Square Footage Range: 775 – 4,439
  • Days on Market (Avg/Median): 25 / 9
  • Days on Market Range: 1 – 182
  • New Listings: 18
  • Total Listings: 86

Sales by Property Type

Condo
Avg/Median Price$287,955 / $299,000Range$240,000 – $310,000Price per Sq Ft$173 / $171Sq Ft1,676 / 1,764DOM28 / 20New1Total11
Land
Avg/Median Price$3,385,094 / $2,103,283Range$145,000 – $7,907,000Price per Sq FtSq FtDOM106 / 106New0Total3
Single Family
Avg/Median Price$450,920 / $445,000Range$225,000 – $699,000Price per Sq Ft$222 / $217Sq Ft2,203 / 1,995DOM12 / 5New15Total49
Townhouse
Avg/Median Price$371,126 / $360,000Range$230,000 – $519,900Price per Sq Ft$184 / $182Sq Ft2,053 / 1,950DOM47 / 17New2Total23

Sales by Bedroom Count

2 Beds
Avg:$323,532Median:$299,900Range:$240,000 – $519,900PSF:$185 / $175Sq Ft:1,742 / 1,800DOM:40 / 16New:2Total:22
3 Beds
Avg:$384,005Median:$379,999Range:$225,000 – $530,000PSF:$216 / $198Sq Ft:1,896 / 1,820DOM:20 / 5New:9Total:41
4 Beds
Avg:$504,875Median:$479,999Range:$299,900 – $699,000PSF:$218 / $205Sq Ft:2,507 / 2,638DOM:14 / 1New:4Total:12
5 Beds
Avg:$621,460Median:$599,999Range:$564,999 – $685,000PSF:$194 / $188Sq Ft:3,231 / 3,380DOM:19 / 7New:1Total:5
6 Beds
Avg:$590,267Median:$595,900Range:$575,000 – $599,900PSF:$157 / $159Sq Ft:3,770 / 3,772DOM:7 / 1New:2Total:3

Rental Market Overview

Median Rent
$2,995
−1.3%
Median DOM
30
+20.0%
New Listings
0
Inventory
9
0.0%
  • Average Rent: $3,040
  • Median Rent: $2,995
  • Rent Range: $2,450 – $4,200
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,434 / 1,308
  • Square Footage Range: 960 – 2,132
  • Days on Market (Avg/Median): 34 / 30
  • Days on Market Range: 15 – 60
  • New Listings: 0
  • Total Listings: 9

Rentals by Property Type

Apartment
$2,893
Median DOM: 18
Inventory: 2
MoM: −1.3%
Condo
Median DOM:
Inventory:
MoM: −1.3%
Single Family
$3,100
Median DOM: 30
Inventory: 7
MoM: −1.3%
Townhouse
Median DOM:
Inventory:
MoM: −1.3%
Apartment
Avg/Median Rent$2,944 / $2,893Range$2,893 – $2,995Rent per Sq Ft$2 / $2Sq Ft1,258 / 1,250DOM39 / 18New0Total2
Single Family
Avg/Median Rent$3,068 / $3,100Range$2,450 – $4,200Rent per Sq Ft$2 / $2Sq Ft1,485 / 1,370DOM33 / 30New0Total7

Rentals by Bedroom Count

1 Beds
Avg:$2,893Median:$2,893Range:$2,893 – $2,893PSF:$2 / $2Sq Ft:1,265 / 1,265DOM:18 / 18New:0Total:1
3 Beds
Avg:$3,059Median:$2,995Range:$2,450 – $4,200PSF:$2 / $2Sq Ft:1,455 / 1,308DOM:37 / 35New:0Total:8

6-Month Sales Trend

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:$375,000Median DOM:12New:36Total:104
Jun 2026
Median Price:$369,000Median DOM:10New:37Total:101
Jul 2026
Median Price:$389,900Median DOM:9New:18Total:86

6-Month Rental Trend

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:19New:4Total:11
Jun 2026
Median Rent:$3,035Median DOM:25New:3Total:9
Jul 2026
Median Rent:$2,995Median DOM:30New:0Total:9

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing eased, while total rental inventory was flat.

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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