ZIP 60517 Housing Market Report

Chicago Metro

Report period: May 2026

60517 Monthly Market Update – May 2026

ZIP 60517 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$468,000
+4.2%
Median DOM (Sales)
8
0.0%
New Listings (Sales)
18
−60.9%
Median Rent
$1,790
+2.9%
Median DOM (Rental)
1
0.0%
Total Rental Listings
312
+10.6%

Month-over-Month Movement

Median sale prices moved higher. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (7 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 4 Beds ($549,700 median)

Sales Market Overview

Median Price
$468,000
+4.2%
Median DOM
8
0.0%
New Listings
18
−60.9%
Inventory
108
+8.0%
  • Average Price: $451,540
  • Median Price: $468,000
  • Price Range: $10,000 – $1,329,000
  • Price per Sq Ft (Avg/Median): $243 / $244
  • Square Footage (Avg/Median): 1,857 / 1,800
  • Square Footage Range: 700 – 3,804
  • Days on Market (Avg/Median): 18 / 8
  • Days on Market Range: 2 – 328
  • New Listings: 18
  • Total Listings: 108

Sales by Property Type

Condo
Avg/Median Price$251,931 / $215,000Range$169,900 – $515,000Price per Sq Ft$214 / $202Sq Ft1,163 / 1,150DOM14 / 8New6Total32
Land
Avg/Median Price$10,000 / $10,000Range$10,000 – $10,000Price per Sq FtSq FtDOM328 / 328New0Total1
Single Family
Avg/Median Price$565,175 / $505,900Range$259,900 – $1,329,000Price per Sq Ft$257 / $259Sq Ft2,223 / 2,136DOM13 / 7New8Total51
Townhouse
Avg/Median Price$494,611 / $513,905Range$218,000 – $649,990Price per Sq Ft$250 / $258Sq Ft2,005 / 2,025DOM20 / 13New4Total24

Sales by Bedroom Count

1 Beds
Avg:$169,900Median:$169,900Range:$169,900 – $169,900PSF:$243 / $243Sq Ft:700 / 700DOM:10 / 10New:0Total:1
2 Beds
Avg:$237,200Median:$215,000Range:$176,000 – $469,000PSF:$207 / $198Sq Ft:1,148 / 1,111DOM:17 / 9New:4Total:29
3 Beds
Avg:$474,719Median:$499,900Range:$230,000 – $708,000PSF:$262 / $267Sq Ft:1,826 / 1,800DOM:14 / 8New:8Total:44
4 Beds
Avg:$630,909Median:$549,700Range:$375,000 – $1,329,000PSF:$247 / $244Sq Ft:2,557 / 2,578DOM:15 / 8New:6Total:33

Rental Market Overview

Median Rent
$1,790
+2.9%
Median DOM
1
0.0%
New Listings
144
Inventory
312
+10.6%
  • Average Rent: $1,847
  • Median Rent: $1,790
  • Rent Range: $1,300 – $4,750
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 854 / 763
  • Square Footage Range: 450 – 3,964
  • Days on Market (Avg/Median): 3 / 1
  • Days on Market Range: 1 – 90
  • New Listings: 144
  • Total Listings: 312

Rentals by Property Type

Apartment
$1,740
Median DOM: 1
Inventory: 285
MoM: +2.9%
Condo
$2,000
Median DOM: 24
Inventory: 15
MoM: +2.9%
Single Family
$2,449
Median DOM: 19
Inventory: 10
MoM: +2.9%
Townhouse
$2,350
Median DOM: 6
Inventory: 1
MoM: +2.9%
Apartment
Avg/Median Rent$1,806 / $1,740Range$1,300 – $2,837Rent per Sq Ft$2 / $2Sq Ft816 / 715DOM1 / 1New140Total285
Condo
Avg/Median Rent$1,977 / $2,000Range$1,300 – $2,300Rent per Sq Ft$2 / $2Sq Ft1,079 / 1,104DOM25 / 24New3Total15
Multi-Family
Avg/Median Rent$2,350 / $2,350Range$2,350 – $2,350Rent per Sq Ft$2 / $2Sq Ft1,064 / 1,064DOM25 / 25New0Total1
Single Family
Avg/Median Rent$2,715 / $2,449Range$1,800 – $4,750Rent per Sq Ft$2 / $2Sq Ft1,586 / 1,102DOM25 / 19New0Total10
Townhouse
Avg/Median Rent$2,350 / $2,350Range$2,350 – $2,350Rent per Sq Ft$2 / $2Sq Ft1,025 / 1,025DOM6 / 6New1Total1

Rentals by Bedroom Count

Studio
Avg:$1,377Median:$1,330Range:$1,300 – $1,857PSF:$3 / $3Sq Ft:495 / 510DOM:1 / 1New:10Total:23
1 Beds
Avg:$1,642Median:$1,590Range:$1,300 – $2,319PSF:$2 / $2Sq Ft:713 / 700DOM:2 / 1New:65Total:158
2 Beds
Avg:$2,119Median:$2,060Range:$1,600 – $2,837PSF:$2 / $2Sq Ft:1,033 / 1,060DOM:5 / 1New:66Total:119
3 Beds
Avg:$2,453Median:$2,461Range:$2,071 – $3,000PSF:$2 / $2Sq Ft:1,407 / 1,300DOM:18 / 1New:3Total:8
4 Beds
Avg:$2,850Median:$2,900Range:$2,449 – $3,200PSF:$2 / $2Sq Ft:1,442 / 1,073DOM:11 / 11New:0Total:3
5 Beds
Avg:$4,750Median:$4,750Range:$4,750 – $4,750PSF:$1 / $1Sq Ft:3,964 / 3,964DOM:22 / 22New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$419,500Median DOM:43New:18Total:122
Jan 2026
Median Price:$439,900Median DOM:33New:27Total:103
Feb 2026
Median Price:$450,990Median DOM:20New:28Total:77
Mar 2026
Median Price:$470,000Median DOM:9New:39Total:86
Apr 2026
Median Price:$449,000Median DOM:8New:46Total:100
May 2026
Median Price:$468,000Median DOM:8New:18Total:108

6-Month Rental Trend

Dec 2025
Median Rent:$1,725Median DOM:1New:152Total:211
Jan 2026
Median Rent:$1,799Median DOM:1New:142Total:214
Feb 2026
Median Rent:$1,799Median DOM:1New:185Total:230
Mar 2026
Median Rent:$1,720Median DOM:1New:215Total:259
Apr 2026
Median Rent:$1,740Median DOM:1New:192Total:282
May 2026
Median Rent:$1,790Median DOM:1New:144Total:312

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market were unchanged, signaling steady 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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