ZIP 60517 Housing Market Report
Chicago Metro
Report period: August 2026
60517 Monthly Market Update – August 2026
ZIP 60517 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$425,000
−5.6%
Median DOM (Sales)
5
−28.6%
New Listings (Sales)
31
−43.6%
Median Rent
$1,825
+0.3%
Median DOM (Rental)
1
0.0%
Total Rental Listings
307
−1.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (3 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($525,000 median)
Sales Market Overview
Median Price
$425,000
−5.6%
Median DOM
5
−28.6%
New Listings
31
−43.6%
Inventory
114
+2.7%
- Average Price: $429,776
- Median Price: $425,000
- Price Range: $10,000 – $1,099,000
- Price per Sq Ft (Avg/Median): $237 / $229
- Square Footage (Avg/Median): 1,846 / 1,827
- Square Footage Range: 766 – 4,300
- Days on Market (Avg/Median): 16 / 5
- Days on Market Range: 1 – 131
- New Listings: 31
- Total Listings: 114
Sales by Property Type
Condo
Avg/Median Price$278,082 / $235,000Range$135,000 – $678,018Price per Sq Ft$232 / $222Sq Ft1,159 / 1,104DOM12 / 5New9Total33
Land
Avg/Median Price$10,000 / $10,000Range$10,000 – $10,000Price per Sq Ft—Sq Ft—DOM—New0Total1
Single Family
Avg/Median Price$513,474 / $475,000Range$300,000 – $1,099,000Price per Sq Ft$239 / $233Sq Ft2,211 / 2,132DOM15 / 6New17Total59
Townhouse
Avg/Median Price$452,989 / $475,000Range$265,000 – $799,990Price per Sq Ft$238 / $232Sq Ft1,917 / 2,025DOM27 / 3New5Total21
Sales by Bedroom Count
1 Beds
Avg:$158,333Median:$160,000Range:$135,000 – $170,000PSF:$202 / $202Sq Ft:786 / 766DOM:15 / 9New:2Total:6
2 Beds
Avg:$336,263Median:$269,000Range:$185,000 – $700,926PSF:$240 / $227Sq Ft:1,373 / 1,161DOM:14 / 3New:9Total:38
3 Beds
Avg:$474,165Median:$475,000Range:$300,000 – $799,990PSF:$247 / $246Sq Ft:2,014 / 1,925DOM:16 / 4New:9Total:32
4 Beds
Avg:$529,319Median:$475,000Range:$300,000 – $1,015,000PSF:$235 / $232Sq Ft:2,275 / 2,132DOM:17 / 1New:11Total:29
5 Beds
Avg:$591,612Median:$525,000Range:$350,000 – $1,099,000PSF:$217 / $207Sq Ft:2,682 / 2,520DOM:26 / 22New:0Total:8
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $158,333 | $160,000 | $135,000 – $170,000 | $202 / $202 | 786 / 766 | 15 / 9 | 2 | 6 |
| 2 Beds | $336,263 | $269,000 | $185,000 – $700,926 | $240 / $227 | 1,373 / 1,161 | 14 / 3 | 9 | 38 |
| 3 Beds | $474,165 | $475,000 | $300,000 – $799,990 | $247 / $246 | 2,014 / 1,925 | 16 / 4 | 9 | 32 |
| 4 Beds | $529,319 | $475,000 | $300,000 – $1,015,000 | $235 / $232 | 2,275 / 2,132 | 17 / 1 | 11 | 29 |
| 5 Beds | $591,612 | $525,000 | $350,000 – $1,099,000 | $217 / $207 | 2,682 / 2,520 | 26 / 22 | 0 | 8 |
Rental Market Overview
Median Rent
$1,825
+0.3%
Median DOM
1
0.0%
New Listings
132
Inventory
307
−1.0%
- Average Rent: $1,928
- Median Rent: $1,825
- Rent Range: $1,255 – $7,880
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 883 / 780
- Square Footage Range: 450 – 3,208
- Days on Market (Avg/Median): 4 / 1
- Days on Market Range: 1 – 177
- New Listings: 132
- Total Listings: 307
Rentals by Property Type
Apartment
$1,750
Median DOM: 1
Inventory: 275
MoM: +0.3%
Condo
$2,000
Median DOM: 39
Inventory: 13
MoM: +0.3%
Single Family
$2,995
Median DOM: 2
Inventory: 18
MoM: +0.3%
Townhouse
$3,400
Median DOM: 28
Inventory: 1
MoM: +0.3%
Apartment
Avg/Median Rent$1,831 / $1,750Range$1,255 – $2,914Rent per Sq Ft$2 / $2Sq Ft812 / 749DOM2 / 1New123Total275
Condo
Avg/Median Rent$2,096 / $2,000Range$1,800 – $2,995Rent per Sq Ft$2 / $2Sq Ft1,138 / 1,150DOM44 / 39New2Total13
Single Family
Avg/Median Rent$3,211 / $2,995Range$1,400 – $7,880Rent per Sq Ft$2 / $2Sq Ft1,768 / 1,719DOM12 / 2New7Total18
Townhouse
Avg/Median Rent$3,400 / $3,400Range$3,400 – $3,400Rent per Sq Ft$2 / $2Sq Ft2,060 / 2,060DOM28 / 28New0Total1
Rentals by Bedroom Count
Studio
Avg:$1,348Median:$1,305Range:$1,255 – $1,820PSF:$3 / $3Sq Ft:492 / 510DOM:1 / 1New:11Total:25
1 Beds
Avg:$1,734Median:$1,690Range:$1,340 – $2,326PSF:$2 / $2Sq Ft:715 / 700DOM:2 / 1New:67Total:142
2 Beds
Avg:$2,087Median:$1,970Range:$1,550 – $3,800PSF:$2 / $2Sq Ft:1,037 / 921DOM:7 / 1New:47Total:123
3 Beds
Avg:$3,187Median:$2,486Range:$1,400 – $7,880PSF:$2 / $2Sq Ft:1,466 / 1,300DOM:7 / 1New:2Total:10
4 Beds
Avg:$3,349Median:$3,250Range:$2,800 – $4,600PSF:$2 / $2Sq Ft:2,193 / 1,980DOM:9 / 1New:5Total:7
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,348 | $1,305 | $1,255 – $1,820 | $3 / $3 | 492 / 510 | 1 / 1 | 11 | 25 |
| 1 Beds | $1,734 | $1,690 | $1,340 – $2,326 | $2 / $2 | 715 / 700 | 2 / 1 | 67 | 142 |
| 2 Beds | $2,087 | $1,970 | $1,550 – $3,800 | $2 / $2 | 1,037 / 921 | 7 / 1 | 47 | 123 |
| 3 Beds | $3,187 | $2,486 | $1,400 – $7,880 | $2 / $2 | 1,466 / 1,300 | 7 / 1 | 2 | 10 |
| 4 Beds | $3,349 | $3,250 | $2,800 – $4,600 | $2 / $2 | 2,193 / 1,980 | 9 / 1 | 5 | 7 |
6-Month Sales Trend
Mar 2026
Median Price:$470,000Median DOM:9New:39Total:86
Apr 2026
Median Price:$449,000Median DOM:8New:46Total:100
May 2026
Median Price:$470,000Median DOM:9New:44Total:112
Jun 2026
Median Price:$472,500Median DOM:7New:54Total:118
Jul 2026
Median Price:$450,000Median DOM:7New:55Total:111
Aug 2026
Median Price:$425,000Median DOM:5New:31Total:114
6-Month Rental Trend
Mar 2026
Median Rent:$1,720Median DOM:1New:215Total:259
Apr 2026
Median Rent:$1,740Median DOM:1New:192Total:282
May 2026
Median Rent:$1,800Median DOM:1New:208Total:302
Jun 2026
Median Rent:$1,810Median DOM:1New:220Total:291
Jul 2026
Median Rent:$1,820Median DOM:1New:212Total:310
Aug 2026
Median Rent:$1,825Median DOM:1New:132Total:307
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 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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