ZIP 60540 Housing Market Report
Chicago Metro
Report period: March 2026
60540 Monthly Market Update – March 2026
ZIP 60540 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$720,000
+3.0%
Median DOM (Sales)
14
−6.7%
New Listings (Sales)
16
−60.0%
Median Rent
$2,265
−1.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
146
−2.7%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (7 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 8 Beds ($2,699,900 median)
Sales Market Overview
Median Price
$720,000
+3.0%
Median DOM
14
−6.7%
New Listings
16
−60.0%
Inventory
91
+4.6%
- Average Price: $1,028,806
- Median Price: $720,000
- Price Range: $55,000 – $2,995,000
- Price per Sq Ft (Avg/Median): $333 / $311
- Square Footage (Avg/Median): 2,983 / 2,446
- Square Footage Range: 845 – 8,549
- Days on Market (Avg/Median): 36 / 14
- Days on Market Range: 2 – 345
- New Listings: 16
- Total Listings: 91
Sales by Property Type
Condo
Avg/Median Price$599,650 / $349,900Range$230,000 – $1,850,000Price per Sq Ft$344 / $305Sq Ft1,555 / 925DOM32 / 12New2Total10
Land
Avg/Median Price$567,967 / $699,900Range$55,000 – $949,000Price per Sq Ft—Sq Ft—DOM26 / 15New0Total3
Multi-Family
Avg/Median Price$2,699,900 / $2,699,900Range$2,699,900 – $2,699,900Price per Sq Ft$450 / $450Sq Ft6,000 / 6,000DOM259 / 259New0Total1
Single Family
Avg/Median Price$1,116,290 / $800,000Range$420,000 – $2,995,000Price per Sq Ft$329 / $313Sq Ft3,286 / 2,702DOM37 / 14New12Total61
Townhouse
Avg/Median Price$945,462 / $514,900Range$299,800 – $2,296,500Price per Sq Ft$335 / $282Sq Ft2,528 / 2,094DOM26 / 7New2Total16
Sales by Bedroom Count
1 Beds
Avg:$310,675Median:$275,000Range:$267,900 – $349,900PSF:$347 / $317Sq Ft:894 / 890DOM:19 / 6New:1Total:4
2 Beds
Avg:$420,960Median:$425,000Range:$230,000 – $650,000PSF:$292 / $267Sq Ft:1,438 / 1,286DOM:45 / 15New:1Total:10
3 Beds
Avg:$792,346Median:$525,000Range:$329,900 – $1,872,000PSF:$334 / $285Sq Ft:2,214 / 2,014DOM:41 / 14New:1Total:24
4 Beds
Avg:$1,119,758Median:$815,000Range:$499,000 – $2,899,000PSF:$333 / $299Sq Ft:3,222 / 2,704DOM:28 / 7New:11Total:36
5 Beds
Avg:$1,709,870Median:$1,599,000Range:$719,900 – $2,599,000PSF:$351 / $325Sq Ft:4,803 / 4,400DOM:29 / 14New:2Total:10
6 Beds
Avg:$2,446,333Median:$2,449,000Range:$1,895,000 – $2,995,000PSF:$348 / $350Sq Ft:7,114 / 7,793DOM:58 / 25New:0Total:3
8 Beds
Avg:$2,699,900Median:$2,699,900Range:$2,699,900 – $2,699,900PSF:$450 / $450Sq Ft:6,000 / 6,000DOM:259 / 259New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $310,675 | $275,000 | $267,900 – $349,900 | $347 / $317 | 894 / 890 | 19 / 6 | 1 | 4 |
| 2 Beds | $420,960 | $425,000 | $230,000 – $650,000 | $292 / $267 | 1,438 / 1,286 | 45 / 15 | 1 | 10 |
| 3 Beds | $792,346 | $525,000 | $329,900 – $1,872,000 | $334 / $285 | 2,214 / 2,014 | 41 / 14 | 1 | 24 |
| 4 Beds | $1,119,758 | $815,000 | $499,000 – $2,899,000 | $333 / $299 | 3,222 / 2,704 | 28 / 7 | 11 | 36 |
| 5 Beds | $1,709,870 | $1,599,000 | $719,900 – $2,599,000 | $351 / $325 | 4,803 / 4,400 | 29 / 14 | 2 | 10 |
| 6 Beds | $2,446,333 | $2,449,000 | $1,895,000 – $2,995,000 | $348 / $350 | 7,114 / 7,793 | 58 / 25 | 0 | 3 |
| 8 Beds | $2,699,900 | $2,699,900 | $2,699,900 – $2,699,900 | $450 / $450 | 6,000 / 6,000 | 259 / 259 | 0 | 1 |
Rental Market Overview
Median Rent
$2,265
−1.0%
Median DOM
1
0.0%
New Listings
58
Inventory
146
−2.7%
- Average Rent: $2,473
- Median Rent: $2,265
- Rent Range: $1,350 – $6,950
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,269 / 1,050
- Square Footage Range: 552 – 4,139
- Days on Market (Avg/Median): 26 / 1
- Days on Market Range: 1 – 361
- New Listings: 58
- Total Listings: 146
Rentals by Property Type
Apartment
$2,089
Median DOM: 1
Inventory: 100
MoM: −1.0%
Condo
$1,850
Median DOM: 47
Inventory: 7
MoM: −1.0%
Single Family
$3,100
Median DOM: 38
Inventory: 29
MoM: −1.0%
Townhouse
$3,100
Median DOM: 16
Inventory: 9
MoM: −1.0%
Apartment
Avg/Median Rent$2,144 / $2,089Range$1,395 – $2,990Rent per Sq Ft$2 / $2Sq Ft956 / 983DOM16 / 1New53Total100
Condo
Avg/Median Rent$2,626 / $1,850Range$1,585 – $6,950Rent per Sq Ft$2 / $2Sq Ft1,379 / 1,000DOM51 / 47New1Total7
Multi-Family
Avg/Median Rent$2,000 / $2,000Range$2,000 – $2,000Rent per Sq Ft$2 / $2Sq Ft1,200 / 1,200DOM5 / 5New1Total1
Single Family
Avg/Median Rent$3,320 / $3,100Range$1,350 – $6,500Rent per Sq Ft$2 / $2Sq Ft2,081 / 1,953DOM53 / 38New1Total29
Townhouse
Avg/Median Rent$3,338 / $3,100Range$2,400 – $5,500Rent per Sq Ft$2 / $2Sq Ft2,014 / 1,943DOM32 / 16New2Total9
Rentals by Bedroom Count
1 Beds
Avg:$1,801Median:$1,769Range:$1,350 – $2,700PSF:$2 / $2Sq Ft:748 / 725DOM:23 / 1New:18Total:46
2 Beds
Avg:$2,444Median:$2,400Range:$1,395 – $5,500PSF:$2 / $2Sq Ft:1,189 / 1,134DOM:19 / 1New:32Total:68
3 Beds
Avg:$3,104Median:$2,945Range:$1,800 – $6,950PSF:$2 / $2Sq Ft:1,713 / 1,398DOM:42 / 19New:7Total:18
4 Beds
Avg:$4,077Median:$3,700Range:$2,900 – $6,500PSF:$2 / $1Sq Ft:2,768 / 2,655DOM:59 / 45New:1Total:11
5 Beds
Avg:$4,450Median:$3,100Range:$3,100 – $5,800PSF:$2 / $1Sq Ft:2,730 / 2,256DOM:12 / 11New:0Total:2
6 Beds
Avg:$2,500Median:$2,500Range:$2,500 – $2,500PSF:$1 / $1Sq Ft:3,210 / 3,210DOM:1 / 1New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,801 | $1,769 | $1,350 – $2,700 | $2 / $2 | 748 / 725 | 23 / 1 | 18 | 46 |
| 2 Beds | $2,444 | $2,400 | $1,395 – $5,500 | $2 / $2 | 1,189 / 1,134 | 19 / 1 | 32 | 68 |
| 3 Beds | $3,104 | $2,945 | $1,800 – $6,950 | $2 / $2 | 1,713 / 1,398 | 42 / 19 | 7 | 18 |
| 4 Beds | $4,077 | $3,700 | $2,900 – $6,500 | $2 / $1 | 2,768 / 2,655 | 59 / 45 | 1 | 11 |
| 5 Beds | $4,450 | $3,100 | $3,100 – $5,800 | $2 / $1 | 2,730 / 2,256 | 12 / 11 | 0 | 2 |
| 6 Beds | $2,500 | $2,500 | $2,500 – $2,500 | $1 / $1 | 3,210 / 3,210 | 1 / 1 | 0 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$639,000Median DOM:37New:63Total:186
Nov 2025
Median Price:$650,000Median DOM:41New:25Total:163
Dec 2025
Median Price:$674,000Median DOM:48New:16Total:121
Jan 2026
Median Price:$675,000Median DOM:44New:24Total:104
Feb 2026
Median Price:$699,000Median DOM:15New:40Total:87
Mar 2026
Median Price:$720,000Median DOM:14New:16Total:91
6-Month Rental Trend
Oct 2025
Median Rent:$2,340Median DOM:1New:114Total:181
Nov 2025
Median Rent:$2,256Median DOM:1New:102Total:187
Dec 2025
Median Rent:$2,251Median DOM:1New:96Total:180
Jan 2026
Median Rent:$2,256Median DOM:1New:93Total:154
Feb 2026
Median Rent:$2,289Median DOM:1New:81Total:150
Mar 2026
Median Rent:$2,265Median DOM:1New:58Total:146
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing eased, 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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