ZIP 60487 Housing Market Report

Chicago Metro

Report period: March 2026

60487 Monthly Market Update – March 2026

ZIP 60487 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$350,000
−4.9%
Median DOM (Sales)
10
−23.1%
New Listings (Sales)
13
−55.2%
Median Rent
$2,875
+4.5%
Median DOM (Rental)
27
0.0%
Total Rental Listings
9
+12.5%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (7 DOM)
  • Fastest renting: Townhouse (9 DOM)
  • Strongest bedroom: 5 Beds ($624,900 median)

Sales Market Overview

Median Price
$350,000
−4.9%
Median DOM
10
−23.1%
New Listings
13
−55.2%
Inventory
87
+16.0%
  • Average Price: $495,365
  • Median Price: $350,000
  • Price Range: $140,000 – $7,907,000
  • Price per Sq Ft (Avg/Median): $198 / $187
  • Square Footage (Avg/Median): 2,118 / 1,850
  • Square Footage Range: 775 – 6,000
  • Days on Market (Avg/Median): 34 / 10
  • Days on Market Range: 2 – 226
  • New Listings: 13
  • Total Listings: 87

Sales by Property Type

Condo
Avg/Median Price$286,925 / $279,900Range$215,000 – $379,900Price per Sq Ft$176 / $169Sq Ft1,652 / 1,764DOM33 / 21New2Total16
Land
Avg/Median Price$2,573,821 / $145,000Range$140,000 – $7,907,000Price per Sq FtSq FtDOM123 / 20New0Total4
Single Family
Avg/Median Price$455,076 / $465,000Range$209,900 – $725,000Price per Sq Ft$210 / $195Sq Ft2,401 / 2,000DOM30 / 7New5Total41
Townhouse
Avg/Median Price$367,407 / $349,000Range$209,500 – $519,900Price per Sq Ft$194 / $189Sq Ft1,976 / 1,968DOM35 / 9New6Total26

Sales by Bedroom Count

2 Beds
Avg:$311,674Median:$299,900Range:$209,500 – $519,900PSF:$186 / $175Sq Ft:1,714 / 1,740DOM:37 / 10New:6Total:31
3 Beds
Avg:$383,873Median:$379,900Range:$227,500 – $524,900PSF:$219 / $207Sq Ft:1,834 / 1,850DOM:21 / 8New:5Total:33
4 Beds
Avg:$448,012Median:$484,900Range:$209,900 – $575,000PSF:$201 / $179Sq Ft:2,330 / 2,400DOM:19 / 3New:1Total:8
5 Beds
Avg:$626,320Median:$624,900Range:$485,000 – $725,000PSF:$155 / $148Sq Ft:4,223 / 3,923DOM:50 / 21New:1Total:10
6 Beds
Avg:$624,511Median:$624,511Range:$624,511 – $624,511PSF:$155 / $155Sq Ft:4,019 / 4,019DOM:170 / 170New:0Total:1

Rental Market Overview

Median Rent
$2,875
+4.5%
Median DOM
27
0.0%
New Listings
1
Inventory
9
+12.5%
  • Average Rent: $2,710
  • Median Rent: $2,875
  • Rent Range: $1,675 – $3,500
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,678 / 1,586
  • Square Footage Range: 1,282 – 2,213
  • Days on Market (Avg/Median): 57 / 27
  • Days on Market Range: 1 – 173
  • New Listings: 1
  • Total Listings: 9

Rentals by Property Type

Apartment
$1,750
Median DOM: 173
Inventory: 2
MoM: +4.5%
Condo
$2,500
Median DOM: 52
Inventory: 1
MoM: +4.5%
Single Family
$2,919
Median DOM: 27
Inventory: 5
MoM: +4.5%
Townhouse
$2,875
Median DOM: 9
Inventory: 1
MoM: +4.5%
Apartment
Avg/Median Rent$2,336 / $1,750Range$1,750 – $2,923Rent per Sq Ft$2 / $2Sq Ft1,300 / 1,300DOM173 / 173New0Total2
Condo
Avg/Median Rent$2,500 / $2,500Range$2,500 – $2,500Rent per Sq Ft$1 / $1Sq Ft1,800 / 1,800DOM52 / 52New0Total1
Single Family
Avg/Median Rent$2,869 / $2,919Range$1,675 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,704 / 1,586DOM45 / 27New0Total5
Townhouse
Avg/Median Rent$2,875 / $2,875Range$2,875 – $2,875Rent per Sq Ft$2 / $2Sq Ft1,800 / 1,800DOM9 / 9New1Total1

Rentals by Bedroom Count

2 Beds
Avg:$2,512Median:$2,500Range:$1,750 – $2,923PSF:$2 / $2Sq Ft:1,633 / 1,800DOM:78 / 52New:1Total:4
3 Beds
Avg:$2,892Median:$3,500Range:$1,675 – $3,500PSF:$2 / $2Sq Ft:1,795 / 1,890DOM:21 / 27New:0Total:3
4 Beds
Avg:$2,834Median:$2,750Range:$2,750 – $2,919PSF:$2 / $2Sq Ft:1,568 / 1,550DOM:80 / 16New:0Total:2

6-Month Sales Trend

Oct 2025
Median Price:$359,900Median DOM:45New:16Total:102
Nov 2025
Median Price:$355,000Median DOM:47New:22Total:97
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:$350,000Median DOM:10New:13Total:87

6-Month Rental Trend

Oct 2025
Median Rent:$2,890Median DOM:39New:4Total:20
Nov 2025
Median Rent:$2,853Median DOM:39New:2Total:14
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:27New:1Total:9

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving 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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