ZIP 60586 Housing Market Report

Chicago Metro

Report period: March 2026

60586 Monthly Market Update – March 2026

ZIP 60586 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$425,000
0.0%
Median DOM (Sales)
14
−12.5%
New Listings (Sales)
30
−46.4%
Median Rent
$2,749
0.0%
Median DOM (Rental)
31
+10.7%
Total Rental Listings
24
−7.7%

Month-over-Month Movement

Median sale prices were flat. Days on market improved. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Condo (8 DOM)
  • Fastest renting: Townhouse (16 DOM)
  • Strongest bedroom: 5 Beds ($472,990 median)

Sales Market Overview

Median Price
$425,000
0.0%
Median DOM
14
−12.5%
New Listings
30
−46.4%
Inventory
148
+6.5%
  • Average Price: $487,374
  • Median Price: $425,000
  • Price Range: $99,900 – $5,500,760
  • Price per Sq Ft (Avg/Median): $201 / $195
  • Square Footage (Avg/Median): 2,202 / 2,051
  • Square Footage Range: 1,008 – 5,380
  • Days on Market (Avg/Median): 36 / 14
  • Days on Market Range: 1 – 327
  • New Listings: 30
  • Total Listings: 148

Sales by Property Type

Condo
Avg/Median Price$282,500 / $255,000Range$255,000 – $310,000Price per Sq Ft$186 / $178Sq Ft1,528 / 1,310DOM12 / 8New0Total2
Land
Avg/Median Price$1,916,593 / $699,000Range$99,900 – $5,500,760Price per Sq FtSq FtDOM208 / 201New0Total6
Single Family
Avg/Median Price$436,579 / $430,000Range$234,000 – $895,000Price per Sq Ft$200 / $195Sq Ft2,259 / 2,201DOM34 / 14New27Total131
Townhouse
Avg/Median Price$319,433 / $310,000Range$270,000 – $394,000Price per Sq Ft$210 / $197Sq Ft1,543 / 1,647DOM21 / 10New3Total9

Sales by Bedroom Count

2 Beds
Avg:$300,411Median:$285,000Range:$255,000 – $394,000PSF:$212 / $204Sq Ft:1,470 / 1,407DOM:20 / 8New:1Total:9
3 Beds
Avg:$374,406Median:$375,000Range:$234,000 – $599,000PSF:$213 / $210Sq Ft:1,799 / 1,760DOM:34 / 12New:10Total:56
4 Beds
Avg:$476,554Median:$468,000Range:$299,900 – $688,000PSF:$193 / $191Sq Ft:2,526 / 2,356DOM:37 / 16New:16Total:66
5 Beds
Avg:$500,798Median:$472,990Range:$389,000 – $895,000PSF:$179 / $176Sq Ft:2,835 / 2,540DOM:15 / 6New:3Total:11

Rental Market Overview

Median Rent
$2,749
0.0%
Median DOM
31
+10.7%
New Listings
4
Inventory
24
−7.7%
  • Average Rent: $2,758
  • Median Rent: $2,749
  • Rent Range: $2,249 – $3,899
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,739 / 1,620
  • Square Footage Range: 1,036 – 2,681
  • Days on Market (Avg/Median): 39 / 31
  • Days on Market Range: 1 – 112
  • New Listings: 4
  • Total Listings: 24

Rentals by Property Type

Apartment
Median DOM:
Inventory:
MoM: 0.0%
Condo
Median DOM:
Inventory:
MoM: 0.0%
Single Family
$2,800
Median DOM: 40
Inventory: 19
MoM: 0.0%
Townhouse
$2,350
Median DOM: 16
Inventory: 5
MoM: 0.0%
Single Family
Avg/Median Rent$2,853 / $2,800Range$2,249 – $3,899Rent per Sq Ft$2 / $2Sq Ft1,822 / 1,750DOM43 / 40New3Total19
Townhouse
Avg/Median Rent$2,399 / $2,350Range$2,300 – $2,600Rent per Sq Ft$2 / $2Sq Ft1,425 / 1,508DOM22 / 16New1Total5

Rentals by Bedroom Count

2 Beds
Avg:$2,300Median:$2,300Range:$2,249 – $2,350PSF:$2 / $2Sq Ft:1,180 / 1,200DOM:51 / 58New:1Total:3
3 Beds
Avg:$2,709Median:$2,695Range:$2,350 – $3,449PSF:$2 / $2Sq Ft:1,750 / 1,616DOM:34 / 25New:2Total:16
4 Beds
Avg:$3,193Median:$3,039Range:$2,760 – $3,899PSF:$2 / $2Sq Ft:2,042 / 2,072DOM:46 / 40New:1Total:5

6-Month Sales Trend

Oct 2025
Median Price:$399,000Median DOM:42New:71Total:248
Nov 2025
Median Price:$399,000Median DOM:43New:57Total:233
Dec 2025
Median Price:$399,900Median DOM:42New:31Total:193
Jan 2026
Median Price:$408,000Median DOM:33New:54Total:174
Feb 2026
Median Price:$425,000Median DOM:16New:56Total:139
Mar 2026
Median Price:$425,000Median DOM:14New:30Total:148

6-Month Rental Trend

Oct 2025
Median Rent:$2,795Median DOM:8New:30Total:64
Nov 2025
Median Rent:$2,795Median DOM:13New:30Total:68
Dec 2025
Median Rent:$2,765Median DOM:13New:26Total:56
Jan 2026
Median Rent:$2,800Median DOM:19New:10Total:41
Feb 2026
Median Rent:$2,749Median DOM:28New:6Total:26
Mar 2026
Median Rent:$2,749Median DOM:31New:4Total:24

Key Market Takeaways

Median sale prices held steady 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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