ZIP 60487 Housing Market Report
Chicago Metro
Report period: August 2026
60487 Monthly Market Update – August 2026
ZIP 60487 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$419,000
+7.5%
Median DOM (Sales)
5
−44.4%
New Listings (Sales)
21
−27.6%
Median Rent
$3,089
−0.4%
Median DOM (Rental)
38
+2.7%
Total Rental Listings
10
+11.1%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (5 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 6 Beds ($595,900 median)
Sales Market Overview
Median Price
$419,000
+7.5%
Median DOM
5
−44.4%
New Listings
21
−27.6%
Inventory
71
−11.3%
- Average Price: $542,556
- Median Price: $419,000
- Price Range: $225,000 – $7,907,000
- Price per Sq Ft (Avg/Median): $212 / $197
- Square Footage (Avg/Median): 2,072 / 1,900
- Square Footage Range: 775 – 4,439
- Days on Market (Avg/Median): 21 / 5
- Days on Market Range: 1 – 166
- New Listings: 21
- Total Listings: 71
Sales by Property Type
Condo
Avg/Median Price$288,900 / $299,000Range$240,000 – $310,000Price per Sq Ft$176 / $171Sq Ft1,652 / 1,720DOM13 / 10New1Total6
Land
Avg/Median Price$5,005,142 / $2,103,283Range$2,103,283 – $7,907,000Price per Sq Ft—Sq Ft—DOM—New0Total2
Single Family
Avg/Median Price$446,407 / $439,900Range$225,000 – $685,000Price per Sq Ft$227 / $217Sq Ft2,134 / 1,900DOM15 / 5New14Total46
Townhouse
Avg/Median Price$367,242 / $359,808Range$259,900 – $499,900Price per Sq Ft$184 / $182Sq Ft2,051 / 1,977DOM41 / 9New6Total17
Sales by Bedroom Count
2 Beds
Avg:$316,986Median:$310,000Range:$240,000 – $389,900PSF:$182 / $180Sq Ft:1,747 / 1,764DOM:20 / 10New:3Total:14
3 Beds
Avg:$394,024Median:$390,000Range:$225,000 – $530,000PSF:$227 / $227Sq Ft:1,840 / 1,865DOM:23 / 5New:12Total:37
4 Beds
Avg:$488,625Median:$479,900Range:$299,900 – $625,000PSF:$219 / $197Sq Ft:2,469 / 2,684DOM:22 / 1New:3Total:12
5 Beds
Avg:$608,804Median:$565,216Range:$550,000 – $685,000PSF:$190 / $174Sq Ft:3,252 / 3,196DOM:10 / 1New:3Total:4
6 Beds
Avg:$597,900Median:$595,900Range:$595,900 – $599,900PSF:$154 / $149Sq Ft:3,880 / 3,772DOM:11 / 1New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $316,986 | $310,000 | $240,000 – $389,900 | $182 / $180 | 1,747 / 1,764 | 20 / 10 | 3 | 14 |
| 3 Beds | $394,024 | $390,000 | $225,000 – $530,000 | $227 / $227 | 1,840 / 1,865 | 23 / 5 | 12 | 37 |
| 4 Beds | $488,625 | $479,900 | $299,900 – $625,000 | $219 / $197 | 2,469 / 2,684 | 22 / 1 | 3 | 12 |
| 5 Beds | $608,804 | $565,216 | $550,000 – $685,000 | $190 / $174 | 3,252 / 3,196 | 10 / 1 | 3 | 4 |
| 6 Beds | $597,900 | $595,900 | $595,900 – $599,900 | $154 / $149 | 3,880 / 3,772 | 11 / 1 | 0 | 2 |
Rental Market Overview
Median Rent
$3,089
−0.4%
Median DOM
38
+2.7%
New Listings
3
Inventory
10
+11.1%
- Average Rent: $3,031
- Median Rent: $3,089
- Rent Range: $2,150 – $4,200
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,596 / 1,370
- Square Footage Range: 960 – 2,588
- Days on Market (Avg/Median): 30 / 38
- Days on Market Range: 1 – 74
- New Listings: 3
- Total Listings: 10
Rentals by Property Type
Apartment
$2,775
Median DOM: 48
Inventory: 2
MoM: −0.4%
Condo
$2,150
Median DOM: 1
Inventory: 1
MoM: −0.4%
Single Family
$3,200
Median DOM: 15
Inventory: 7
MoM: −0.4%
Townhouse
—
Median DOM: —
Inventory: —
MoM: −0.4%
Apartment
Avg/Median Rent$2,932 / $2,775Range$2,775 – $3,089Rent per Sq Ft$2 / $2Sq Ft1,258 / 1,250DOM61 / 48New0Total2
Condo
Avg/Median Rent$2,150 / $2,150Range$2,150 – $2,150Rent per Sq Ft$1 / $1Sq Ft2,588 / 2,588DOM1 / 1New1Total1
Single Family
Avg/Median Rent$3,185 / $3,200Range$2,300 – $4,200Rent per Sq Ft$2 / $2Sq Ft1,551 / 1,418DOM25 / 15New2Total7
Rentals by Bedroom Count
1 Beds
Avg:$3,089Median:$3,089Range:$3,089 – $3,089PSF:$2 / $2Sq Ft:1,265 / 1,265DOM:48 / 48New:0Total:1
3 Beds
Avg:$2,991Median:$2,775Range:$2,150 – $4,200PSF:$2 / $2Sq Ft:1,660 / 1,370DOM:31 / 38New:2Total:8
4 Beds
Avg:$3,295Median:$3,295Range:$3,295 – $3,295PSF:$2 / $2Sq Ft:1,418 / 1,418DOM:6 / 6New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $3,089 | $3,089 | $3,089 – $3,089 | $2 / $2 | 1,265 / 1,265 | 48 / 48 | 0 | 1 |
| 3 Beds | $2,991 | $2,775 | $2,150 – $4,200 | $2 / $2 | 1,660 / 1,370 | 31 / 38 | 2 | 8 |
| 4 Beds | $3,295 | $3,295 | $3,295 – $3,295 | $2 / $2 | 1,418 / 1,418 | 6 / 6 | 1 | 1 |
6-Month Sales Trend
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:29Total:80
Aug 2026
Median Price:$419,000Median DOM:5New:21Total:71
6-Month Rental Trend
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:$3,100Median DOM:37New:1Total:9
Aug 2026
Median Rent:$3,089Median DOM:38New:3Total:10
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 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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