ZIP 60515 Housing Market Report

Chicago Metro

Report period: August 2026

60515 Monthly Market Update – August 2026

ZIP 60515 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$545,000
+5.8%
Median DOM (Sales)
1
0.0%
New Listings (Sales)
36
−41.9%
Median Rent
$2,295
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
166
−4.6%

Month-over-Month Movement

Median sale prices moved higher. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Condo (1 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 5 Beds ($1,299,000 median)

Sales Market Overview

Median Price
$545,000
+5.8%
Median DOM
1
0.0%
New Listings
36
−41.9%
Inventory
123
−6.1%
  • Average Price: $691,948
  • Median Price: $545,000
  • Price Range: $125,000 – $2,380,000
  • Price per Sq Ft (Avg/Median): $316 / $310
  • Square Footage (Avg/Median): 2,275 / 2,000
  • Square Footage Range: 620 – 6,913
  • Days on Market (Avg/Median): 26 / 1
  • Days on Market Range: 1 – 319
  • New Listings: 36
  • Total Listings: 123

Sales by Property Type

Condo
Avg/Median Price$220,992 / $189,000Range$139,900 – $515,000Price per Sq Ft$224 / $217Sq Ft995 / 900DOM17 / 1New5Total24
Land
Avg/Median Price$292,390 / $274,900Range$125,000 – $429,000Price per Sq FtSq FtDOM103 / 112New1Total10
Multi-Family
Avg/Median Price$600,000 / $600,000Range$600,000 – $600,000Price per Sq FtSq FtDOM20 / 20New0Total1
Single Family
Avg/Median Price$889,001 / $750,000Range$280,000 – $2,380,000Price per Sq Ft$346 / $343Sq Ft2,662 / 2,408DOM21 / 1New28Total83
Townhouse
Avg/Median Price$498,980 / $515,000Range$410,000 – $599,900Price per Sq Ft$254 / $241Sq Ft2,071 / 1,764DOM7 / 1New2Total5

Sales by Bedroom Count

1 Beds
Avg:$234,870Median:$174,999Range:$145,000 – $759,000PSF:$239 / $234Sq Ft:928 / 826DOM:16 / 1New:4Total:10
2 Beds
Avg:$338,996Median:$273,000Range:$139,900 – $879,000PSF:$302 / $224Sq Ft:1,116 / 1,106DOM:20 / 4New:5Total:24
3 Beds
Avg:$532,178Median:$481,000Range:$365,000 – $925,000PSF:$309 / $316Sq Ft:1,833 / 1,750DOM:11 / 1New:11Total:32
4 Beds
Avg:$1,099,401Median:$929,000Range:$525,000 – $2,380,000PSF:$345 / $352Sq Ft:3,229 / 3,000DOM:15 / 3New:13Total:36
5 Beds
Avg:$1,372,091Median:$1,299,000Range:$600,000 – $2,300,000PSF:$341 / $346Sq Ft:4,337 / 3,775DOM:67 / 14New:2Total:11

Rental Market Overview

Median Rent
$2,295
0.0%
Median DOM
1
0.0%
New Listings
73
Inventory
166
−4.6%
  • Average Rent: $2,501
  • Median Rent: $2,295
  • Rent Range: $1,275 – $7,000
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,016 / 833
  • Square Footage Range: 300 – 3,218
  • Days on Market (Avg/Median): 16 / 1
  • Days on Market Range: 1 – 243
  • New Listings: 73
  • Total Listings: 166

Rentals by Property Type

Apartment
$2,211
Median DOM: 1
Inventory: 134
MoM: 0.0%
Condo
$1,800
Median DOM: 11
Inventory: 6
MoM: 0.0%
Single Family
$3,200
Median DOM: 5
Inventory: 24
MoM: 0.0%
Townhouse
$2,100
Median DOM: 1
Inventory: 1
MoM: 0.0%
Apartment
Avg/Median Rent$2,374 / $2,211Range$1,295 – $5,100Rent per Sq Ft$3 / $3Sq Ft911 / 820DOM17 / 1New64Total134
Condo
Avg/Median Rent$1,958 / $1,800Range$1,450 – $2,600Rent per Sq Ft$2 / $2Sq Ft878 / 800DOM20 / 11New2Total6
Multi-Family
Avg/Median Rent$2,200 / $2,200Range$2,200 – $2,200Rent per Sq Ft$3 / $3Sq Ft775 / 775DOM1 / 1New0Total1
Single Family
Avg/Median Rent$3,372 / $3,200Range$1,275 – $7,000Rent per Sq Ft$2 / $2Sq Ft1,579 / 1,235DOM12 / 5New7Total24
Townhouse
Avg/Median Rent$2,100 / $2,100Range$2,100 – $2,100Rent per Sq FtSq FtDOM1 / 1New0Total1

Rentals by Bedroom Count

Studio
Avg:$2,032Median:$1,960Range:$1,295 – $2,458PSF:$4 / $3Sq Ft:577 / 507DOM:16 / 1New:8Total:14
1 Beds
Avg:$2,083Median:$2,100Range:$1,275 – $4,724PSF:$3 / $3Sq Ft:800 / 800DOM:17 / 1New:36Total:80
2 Beds
Avg:$2,798Median:$2,872Range:$1,325 – $4,080PSF:$2 / $2Sq Ft:1,156 / 1,166DOM:16 / 1New:23Total:53
3 Beds
Avg:$3,314Median:$3,200Range:$2,100 – $5,100PSF:$2 / $2Sq Ft:1,532 / 1,322DOM:13 / 1New:4Total:14
4 Beds
Avg:$6,400Median:$5,800Range:$5,800 – $7,000PSF:$2 / $2Sq Ft:2,659 / 2,100DOM:4 / 1New:2Total:2
5 Beds
Avg:$4,183Median:$3,850Range:$3,200 – $5,500PSF:$2 / $2Sq Ft:2,475 / 2,598DOM:23 / 22New:0Total:3

6-Month Sales Trend

Mar 2026
Median Price:$449,999Median DOM:21New:38Total:122
Apr 2026
Median Price:$469,900Median DOM:16New:44Total:118
May 2026
Median Price:$489,900Median DOM:11New:47Total:129
Jun 2026
Median Price:$486,000Median DOM:7New:54Total:137
Jul 2026
Median Price:$515,000Median DOM:1New:62Total:131
Aug 2026
Median Price:$545,000Median DOM:1New:36Total:123

6-Month Rental Trend

Mar 2026
Median Rent:$2,479Median DOM:1New:79Total:120
Apr 2026
Median Rent:$2,364Median DOM:1New:81Total:130
May 2026
Median Rent:$2,352Median DOM:1New:100Total:159
Jun 2026
Median Rent:$2,295Median DOM:1New:104Total:168
Jul 2026
Median Rent:$2,295Median DOM:1New:103Total:174
Aug 2026
Median Rent:$2,295Median DOM:1New:73Total:166

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market were unchanged, signaling steady buyer activity. Rental pricing remained stable, while total rental inventory tightened.

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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