ZIP 60540 Housing Market Report

Chicago Metro

Report period: June 2026

60540 Monthly Market Update – June 2026

ZIP 60540 · Last updated Jun 12, 2026 · Data range Jan 2026 – Jun 2026

Executive Snapshot

Median Sale Price
$650,000
−2.3%
Median DOM (Sales)
8
−20.0%
New Listings (Sales)
44
−39.7%
Median Rent
$2,350
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
176
−0.6%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Multi-Family (6 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 7 Beds ($6,000,000 median)

Sales Market Overview

Median Price
$650,000
−2.3%
Median DOM
8
−20.0%
New Listings
44
−39.7%
Inventory
152
+7.0%
  • Average Price: $872,461
  • Median Price: $650,000
  • Price Range: $55,000 – $6,000,000
  • Price per Sq Ft (Avg/Median): $319 / $294
  • Square Footage (Avg/Median): 2,652 / 2,356
  • Square Footage Range: 624 – 7,793
  • Days on Market (Avg/Median): 21 / 8
  • Days on Market Range: 1 – 256
  • New Listings: 44
  • Total Listings: 152

Sales by Property Type

Condo
Avg/Median Price$435,800 / $320,000Range$210,000 – $1,549,000Price per Sq Ft$296 / $279Sq Ft1,397 / 1,149DOM36 / 15New3Total12
Land
Avg/Median Price$55,000 / $55,000Range$55,000 – $55,000Price per Sq FtSq FtDOMNew0Total1
Multi-Family
Avg/Median Price$572,450 / $475,000Range$475,000 – $669,900Price per Sq FtSq FtDOM8 / 6New0Total2
Single Family
Avg/Median Price$999,571 / $750,000Range$416,990 – $6,000,000Price per Sq Ft$333 / $305Sq Ft2,922 / 2,538DOM19 / 7New35Total116
Townhouse
Avg/Median Price$487,348 / $455,000Range$275,000 – $1,375,000Price per Sq Ft$256 / $260Sq Ft1,879 / 1,721DOM24 / 15New6Total21

Sales by Bedroom Count

1 Beds
Avg:$331,600Median:$289,900Range:$275,000 – $429,900PSF:$447 / $326Sq Ft:786 / 845DOM:33 / 32New:0Total:3
2 Beds
Avg:$413,795Median:$440,000Range:$210,000 – $600,000PSF:$294 / $272Sq Ft:1,470 / 1,326DOM:34 / 18New:4Total:19
3 Beds
Avg:$568,749Median:$535,000Range:$270,000 – $1,289,000PSF:$287 / $275Sq Ft:1,993 / 1,872DOM:20 / 6New:15Total:44
4 Beds
Avg:$935,684Median:$785,000Range:$475,000 – $2,675,000PSF:$318 / $293Sq Ft:2,901 / 2,704DOM:18 / 6New:18Total:60
5 Beds
Avg:$1,519,121Median:$1,424,000Range:$650,000 – $2,550,000PSF:$362 / $335Sq Ft:4,194 / 3,910DOM:20 / 8New:5Total:19
6 Beds
Avg:$1,548,225Median:$1,375,000Range:$669,900 – $2,399,000PSF:$369 / $366Sq Ft:5,193 / 4,026DOM:18 / 6New:1Total:4
7 Beds
Avg:$6,000,000Median:$6,000,000Range:$6,000,000 – $6,000,000PSF:$833 / $833Sq Ft:7,207 / 7,207DOM:1 / 1New:1Total:1
8 Beds
Avg:$1,480,000Median:$1,480,000Range:$1,480,000 – $1,480,000PSF:$411 / $411Sq Ft:3,600 / 3,600DOM:59 / 59New:0Total:1

Rental Market Overview

Median Rent
$2,350
0.0%
Median DOM
1
0.0%
New Listings
81
Inventory
176
−0.6%
  • Average Rent: $2,577
  • Median Rent: $2,350
  • Rent Range: $1,350 – $7,000
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,245 / 1,113
  • Square Footage Range: 450 – 4,139
  • Days on Market (Avg/Median): 14 / 1
  • Days on Market Range: 1 – 362
  • New Listings: 81
  • Total Listings: 176

Rentals by Property Type

Apartment
$2,249
Median DOM: 1
Inventory: 117
MoM: 0.0%
Condo
$2,300
Median DOM: 22
Inventory: 13
MoM: 0.0%
Single Family
$3,250
Median DOM: 16
Inventory: 35
MoM: 0.0%
Townhouse
$2,550
Median DOM: 10
Inventory: 10
MoM: 0.0%
Apartment
Avg/Median Rent$2,270 / $2,249Range$1,350 – $3,210Rent per Sq Ft$2 / $2Sq Ft970 / 983DOM8 / 1New61Total117
Condo
Avg/Median Rent$2,865 / $2,300Range$1,695 – $6,500Rent per Sq Ft$2 / $2Sq Ft1,344 / 1,100DOM31 / 22New4Total13
Multi-Family
Avg/Median Rent$3,100 / $3,100Range$3,100 – $3,100Rent per Sq FtSq FtDOM1 / 1New1Total1
Single Family
Avg/Median Rent$3,437 / $3,250Range$1,350 – $7,000Rent per Sq Ft$2 / $2Sq Ft2,076 / 1,943DOM26 / 16New9Total35
Townhouse
Avg/Median Rent$2,730 / $2,550Range$2,200 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,596 / 1,360DOM20 / 10New6Total10

Rentals by Bedroom Count

Studio
Avg:$1,500Median:$1,500Range:$1,500 – $1,500PSF:$3 / $3Sq Ft:450 / 450DOM:8 / 8New:0Total:1
1 Beds
Avg:$1,847Median:$1,819Range:$1,350 – $2,510PSF:$3 / $2Sq Ft:738 / 725DOM:6 / 1New:25Total:49
2 Beds
Avg:$2,529Median:$2,461Range:$1,400 – $3,500PSF:$2 / $2Sq Ft:1,184 / 1,140DOM:14 / 1New:48Total:96
3 Beds
Avg:$3,589Median:$3,250Range:$2,595 – $6,500PSF:$2 / $2Sq Ft:1,856 / 1,790DOM:27 / 15New:5Total:20
4 Beds
Avg:$4,660Median:$3,800Range:$3,500 – $7,000PSF:$1 / $2Sq Ft:3,169 / 3,010DOM:23 / 16New:3Total:9
5 Beds
Avg:$4,950Median:$4,950Range:$4,950 – $4,950PSF:$2 / $2Sq Ft:3,055 / 3,055DOM:16 / 16New:0Total:1

6-Month Sales Trend

Jan 2026
Median Price:$675,000Median DOM:44New:24Total:104
Feb 2026
Median Price:$699,000Median DOM:15New:40Total:87
Mar 2026
Median Price:$729,900Median DOM:15New:35Total:97
Apr 2026
Median Price:$650,000Median DOM:16New:47Total:105
May 2026
Median Price:$665,000Median DOM:10New:73Total:142
Jun 2026
Median Price:$650,000Median DOM:8New:44Total:152

6-Month Rental Trend

Jan 2026
Median Rent:$2,256Median DOM:1New:93Total:154
Feb 2026
Median Rent:$2,289Median DOM:1New:81Total:150
Mar 2026
Median Rent:$2,316Median DOM:1New:86Total:151
Apr 2026
Median Rent:$2,400Median DOM:1New:96Total:147
May 2026
Median Rent:$2,350Median DOM:1New:103Total:177
Jun 2026
Median Rent:$2,350Median DOM:1New:81Total:176

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving 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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