ZIP 60501 Housing Market Report
Chicago Metro
Report period: June 2026
60501 Monthly Market Update – June 2026
ZIP 60501 · Last updated Jun 13, 2026 · Data range Jan 2026 – Jun 2026
Executive Snapshot
Median Sale Price
$349,000
0.0%
Median DOM (Sales)
11
−26.7%
New Listings (Sales)
7
−41.7%
Median Rent
$1,500
0.0%
Median DOM (Rental)
33
+32.0%
Total Rental Listings
9
+12.5%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Land (7 DOM)
- Fastest renting: Condo (10 DOM)
- Strongest bedroom: 7 Beds ($575,000 median)
Sales Market Overview
Median Price
$349,000
0.0%
Median DOM
11
−26.7%
New Listings
7
−41.7%
Inventory
29
0.0%
- Average Price: $359,569
- Median Price: $349,000
- Price Range: $35,000 – $1,250,000
- Price per Sq Ft (Avg/Median): $235 / $214
- Square Footage (Avg/Median): 1,495 / 1,290
- Square Footage Range: 900 – 3,056
- Days on Market (Avg/Median): 32 / 11
- Days on Market Range: 1 – 305
- New Listings: 7
- Total Listings: 29
Sales by Property Type
Land
Avg/Median Price$341,960 / $194,900Range$35,000 – $1,250,000Price per Sq Ft—Sq Ft—DOM80 / 7New1Total5
Multi-Family
Avg/Median Price$484,780 / $419,000Range$330,000 – $700,000Price per Sq Ft$180 / $180Sq Ft2,220 / 2,220DOM47 / 15New1Total5
Single Family
Avg/Median Price$331,253 / $349,000Range$179,000 – $499,000Price per Sq Ft$238 / $227Sq Ft1,457 / 1,290DOM18 / 18New5Total19
Sales by Bedroom Count
2 Beds
Avg:$324,450Median:$269,900Range:$269,900 – $379,000PSF:$240 / $209Sq Ft:1,345 / 1,290DOM:18 / 1New:1Total:2
3 Beds
Avg:$319,820Median:$349,000Range:$179,000 – $389,900PSF:$239 / $214Sq Ft:1,358 / 1,204DOM:17 / 7New:3Total:10
4 Beds
Avg:$327,560Median:$289,900Range:$269,000 – $499,000PSF:$222 / $233Sq Ft:1,626 / 1,200DOM:14 / 4New:1Total:5
5 Beds
Avg:$402,933Median:$399,900Range:$369,900 – $439,000PSF:$238 / $180Sq Ft:1,837 / 2,054DOM:35 / 36New:0Total:3
7 Beds
Avg:$564,667Median:$575,000Range:$419,000 – $700,000PSF:—Sq Ft:—DOM:11 / 11New:1Total:3
8 Beds
Avg:$330,000Median:$330,000Range:$330,000 – $330,000PSF:—Sq Ft:—DOM:168 / 168New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $324,450 | $269,900 | $269,900 – $379,000 | $240 / $209 | 1,345 / 1,290 | 18 / 1 | 1 | 2 |
| 3 Beds | $319,820 | $349,000 | $179,000 – $389,900 | $239 / $214 | 1,358 / 1,204 | 17 / 7 | 3 | 10 |
| 4 Beds | $327,560 | $289,900 | $269,000 – $499,000 | $222 / $233 | 1,626 / 1,200 | 14 / 4 | 1 | 5 |
| 5 Beds | $402,933 | $399,900 | $369,900 – $439,000 | $238 / $180 | 1,837 / 2,054 | 35 / 36 | 0 | 3 |
| 7 Beds | $564,667 | $575,000 | $419,000 – $700,000 | — | — | 11 / 11 | 1 | 3 |
| 8 Beds | $330,000 | $330,000 | $330,000 – $330,000 | — | — | 168 / 168 | 0 | 1 |
Rental Market Overview
Median Rent
$1,500
0.0%
Median DOM
33
+32.0%
New Listings
3
Inventory
9
+12.5%
- Average Rent: $1,672
- Median Rent: $1,500
- Rent Range: $1,200 – $2,900
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,040 / 900
- Square Footage Range: 750 – 1,600
- Days on Market (Avg/Median): 41 / 33
- Days on Market Range: 3 – 177
- New Listings: 3
- Total Listings: 9
Rentals by Property Type
Apartment
$1,495
Median DOM: 13
Inventory: 5
MoM: 0.0%
Condo
$1,400
Median DOM: 10
Inventory: 1
MoM: 0.0%
Single Family
$1,550
Median DOM: 41
Inventory: 3
MoM: 0.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: 0.0%
Apartment
Avg/Median Rent$1,539 / $1,495Range$1,200 – $1,900Rent per Sq Ft$2 / $2Sq Ft1,030 / 900DOM47 / 13New2Total5
Condo
Avg/Median Rent$1,400 / $1,400Range$1,400 – $1,400Rent per Sq Ft$2 / $2Sq Ft900 / 900DOM10 / 10New1Total1
Single Family
Avg/Median Rent$1,983 / $1,550Range$1,500 – $2,900Rent per Sq Ft$2 / $2Sq Ft1,135 / 800DOM40 / 41New0Total3
Rentals by Bedroom Count
1 Beds
Avg:$1,200Median:$1,200Range:$1,200 – $1,200PSF:$2 / $2Sq Ft:800 / 800DOM:3 / 3New:1Total:1
2 Beds
Avg:$1,474Median:$1,450Range:$1,400 – $1,550PSF:$2 / $2Sq Ft:838 / 800DOM:64 / 33New:1Total:4
3 Beds
Avg:$1,775Median:$1,650Range:$1,650 – $1,900PSF:$1 / $1Sq Ft:1,350 / 1,100DOM:10 / 6New:1Total:2
4 Beds
Avg:$2,200Median:$1,500Range:$1,500 – $2,900PSF:$2 / $2Sq Ft:1,470 / 1,470DOM:44 / 41New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,200 | $1,200 | $1,200 – $1,200 | $2 / $2 | 800 / 800 | 3 / 3 | 1 | 1 |
| 2 Beds | $1,474 | $1,450 | $1,400 – $1,550 | $2 / $2 | 838 / 800 | 64 / 33 | 1 | 4 |
| 3 Beds | $1,775 | $1,650 | $1,650 – $1,900 | $1 / $1 | 1,350 / 1,100 | 10 / 6 | 1 | 2 |
| 4 Beds | $2,200 | $1,500 | $1,500 – $2,900 | $2 / $2 | 1,470 / 1,470 | 44 / 41 | 0 | 2 |
6-Month Sales Trend
Jan 2026
Median Price:$311,000Median DOM:70New:5Total:35
Feb 2026
Median Price:$299,500Median DOM:53New:9Total:31
Mar 2026
Median Price:$325,000Median DOM:31New:7Total:32
Apr 2026
Median Price:$330,000Median DOM:38New:5Total:29
May 2026
Median Price:$349,000Median DOM:15New:12Total:29
Jun 2026
Median Price:$349,000Median DOM:11New:7Total:29
6-Month Rental Trend
Jan 2026
Median Rent:$1,695Median DOM:44New:2Total:8
Feb 2026
Median Rent:$1,600Median DOM:27New:4Total:10
Mar 2026
Median Rent:$1,600Median DOM:18New:3Total:11
Apr 2026
Median Rent:$1,695Median DOM:37New:1Total:7
May 2026
Median Rent:$1,500Median DOM:25New:3Total:8
Jun 2026
Median Rent:$1,500Median DOM:33New:3Total:9
Key Market Takeaways
Median sale prices held steady this month while inventory remained stable. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, 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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