ZIP 60586 Housing Market Report
Chicago Metro
Report period: May 2026
60586 Monthly Market Update – May 2026
ZIP 60586 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$399,990
−0.0%
Median DOM (Sales)
10
0.0%
New Listings (Sales)
29
−61.8%
Median Rent
$2,879
+2.8%
Median DOM (Rental)
4
−33.3%
Total Rental Listings
69
+13.1%
Month-over-Month Movement
Median sale prices eased compared to last month. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Condo (7 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 5 Beds ($479,900 median)
Sales Market Overview
Median Price
$399,990
−0.0%
Median DOM
10
0.0%
New Listings
29
−61.8%
Inventory
176
−0.6%
- Average Price: $463,636
- Median Price: $399,990
- Price Range: $99,000 – $5,500,760
- Price per Sq Ft (Avg/Median): $199 / $197
- Square Footage (Avg/Median): 2,114 / 2,030
- Square Footage Range: 1,049 – 4,564
- Days on Market (Avg/Median): 23 / 10
- Days on Market Range: 2 – 350
- New Listings: 29
- Total Listings: 176
Sales by Property Type
Condo
Avg/Median Price$289,129 / $290,000Range$275,000 – $300,000Price per Sq Ft$176 / $172Sq Ft1,655 / 1,626DOM19 / 7New0Total7
Land
Avg/Median Price$2,279,752 / $1,100,000Range$99,000 – $5,500,760Price per Sq Ft—Sq Ft—DOM45 / 45New0Total5
Single Family
Avg/Median Price$436,541 / $429,900Range$250,000 – $799,900Price per Sq Ft$199 / $197Sq Ft2,242 / 2,082DOM25 / 11New24Total139
Townhouse
Avg/Median Price$299,924 / $300,000Range$240,000 – $349,000Price per Sq Ft$204 / $200Sq Ft1,498 / 1,484DOM11 / 7New5Total25
Sales by Bedroom Count
2 Beds
Avg:$281,847Median:$280,000Range:$240,000 – $349,000PSF:$202 / $200Sq Ft:1,436 / 1,451DOM:12 / 7New:0Total:19
3 Beds
Avg:$373,567Median:$375,000Range:$275,000 – $799,900PSF:$208 / $201Sq Ft:1,815 / 1,792DOM:20 / 10New:10Total:72
4 Beds
Avg:$474,154Median:$467,000Range:$330,000 – $685,000PSF:$194 / $192Sq Ft:2,478 / 2,380DOM:31 / 12New:16Total:69
5 Beds
Avg:$475,690Median:$479,900Range:$415,000 – $569,900PSF:$174 / $179Sq Ft:2,772 / 2,713DOM:13 / 10New:3Total:11
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $281,847 | $280,000 | $240,000 – $349,000 | $202 / $200 | 1,436 / 1,451 | 12 / 7 | 0 | 19 |
| 3 Beds | $373,567 | $375,000 | $275,000 – $799,900 | $208 / $201 | 1,815 / 1,792 | 20 / 10 | 10 | 72 |
| 4 Beds | $474,154 | $467,000 | $330,000 – $685,000 | $194 / $192 | 2,478 / 2,380 | 31 / 12 | 16 | 69 |
| 5 Beds | $475,690 | $479,900 | $415,000 – $569,900 | $174 / $179 | 2,772 / 2,713 | 13 / 10 | 3 | 11 |
Rental Market Overview
Median Rent
$2,879
+2.8%
Median DOM
4
−33.3%
New Listings
18
Inventory
69
+13.1%
- Average Rent: $2,881
- Median Rent: $2,879
- Rent Range: $1,300 – $4,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,847 / 1,792
- Square Footage Range: 900 – 3,400
- Days on Market (Avg/Median): 20 / 4
- Days on Market Range: 1 – 292
- New Listings: 18
- Total Listings: 69
Rentals by Property Type
Apartment
$1,300
Median DOM: 2
Inventory: 1
MoM: +2.8%
Condo
$2,495
Median DOM: 17
Inventory: 1
MoM: +2.8%
Single Family
$3,010
Median DOM: 1
Inventory: 51
MoM: +2.8%
Townhouse
$2,395
Median DOM: 16
Inventory: 14
MoM: +2.8%
Apartment
Avg/Median Rent$1,300 / $1,300Range$1,300 – $1,300Rent per Sq Ft$1 / $1Sq Ft900 / 900DOM2 / 2New0Total1
Condo
Avg/Median Rent$2,495 / $2,495Range$2,495 – $2,495Rent per Sq Ft$2 / $2Sq Ft1,280 / 1,280DOM17 / 17New0Total1
Multi-Family
Avg/Median Rent$2,648 / $2,595Range$2,595 – $2,700Rent per Sq Ft$2 / $2Sq Ft1,537 / 1,390DOM7 / 6New1Total2
Single Family
Avg/Median Rent$3,034 / $3,010Range$1,400 – $4,500Rent per Sq Ft$2 / $2Sq Ft2,014 / 1,957DOM20 / 1New15Total51
Townhouse
Avg/Median Rent$2,498 / $2,395Range$2,200 – $3,135Rent per Sq Ft$2 / $2Sq Ft1,390 / 1,316DOM22 / 16New2Total14
Rentals by Bedroom Count
2 Beds
Avg:$2,255Median:$2,300Range:$1,300 – $2,650PSF:$2 / $2Sq Ft:1,196 / 1,200DOM:25 / 16New:2Total:10
3 Beds
Avg:$2,761Median:$2,700Range:$1,400 – $3,500PSF:$2 / $2Sq Ft:1,747 / 1,686DOM:17 / 4New:6Total:38
4 Beds
Avg:$3,319Median:$3,395Range:$2,550 – $3,815PSF:$1 / $1Sq Ft:2,293 / 2,356DOM:26 / 1New:9Total:19
5 Beds
Avg:$4,135Median:$3,770Range:$3,770 – $4,500PSF:$2 / $1Sq Ft:2,750 / 2,100DOM:1 / 1New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $2,255 | $2,300 | $1,300 – $2,650 | $2 / $2 | 1,196 / 1,200 | 25 / 16 | 2 | 10 |
| 3 Beds | $2,761 | $2,700 | $1,400 – $3,500 | $2 / $2 | 1,747 / 1,686 | 17 / 4 | 6 | 38 |
| 4 Beds | $3,319 | $3,395 | $2,550 – $3,815 | $1 / $1 | 2,293 / 2,356 | 26 / 1 | 9 | 19 |
| 5 Beds | $4,135 | $3,770 | $3,770 – $4,500 | $2 / $1 | 2,750 / 2,100 | 1 / 1 | 1 | 2 |
6-Month Sales Trend
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:$401,990Median DOM:13New:66Total:158
Apr 2026
Median Price:$400,000Median DOM:10New:76Total:177
May 2026
Median Price:$399,990Median DOM:10New:29Total:176
6-Month Rental Trend
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:$2,895Median DOM:4New:35Total:48
Apr 2026
Median Rent:$2,800Median DOM:6New:36Total:61
May 2026
Median Rent:$2,879Median DOM:4New:18Total:69
Key Market Takeaways
Median sale prices softened this month while inventory compressed. 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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