ZIP 60640 Housing Market Report

Chicago Metro

Report period: June 2026

60640 Monthly Market Update – June 2026

ZIP 60640 · Last updated Jun 12, 2026 · Data range Jan 2026 – Jun 2026

Executive Snapshot

Median Sale Price
$359,900
+1.4%
Median DOM (Sales)
8
0.0%
New Listings (Sales)
33
−49.2%
Median Rent
$1,895
+1.1%
Median DOM (Rental)
23
+9.5%
Total Rental Listings
1,387
+4.7%

Month-over-Month Movement

Median sale prices moved higher. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Multi-Family (5 DOM)
  • Fastest renting: Multi-Family (7 DOM)
  • Strongest bedroom: 7 Beds ($2,395,000 median)

Sales Market Overview

Median Price
$359,900
+1.4%
Median DOM
8
0.0%
New Listings
33
−49.2%
Inventory
201
+3.1%
  • Average Price: $482,071
  • Median Price: $359,900
  • Price Range: $12,000 – $3,750,000
  • Price per Sq Ft (Avg/Median): $321 / $305
  • Square Footage (Avg/Median): 1,388 / 1,200
  • Square Footage Range: 550 – 7,000
  • Days on Market (Avg/Median): 23 / 8
  • Days on Market Range: 1 – 147
  • New Listings: 33
  • Total Listings: 201

Sales by Property Type

Condo
Avg/Median Price$372,025 / $349,500Range$95,000 – $1,099,000Price per Sq Ft$310 / $300Sq Ft1,158 / 1,015DOM18 / 7New27Total158
Land
Avg/Median Price$26,089 / $22,000Range$12,000 – $60,000Price per Sq FtSq FtDOM113 / 123New0Total9
Multi-Family
Avg/Median Price$1,303,150 / $1,100,000Range$949,000 – $2,395,000Price per Sq FtSq FtDOM20 / 5New2Total6
Single Family
Avg/Median Price$1,133,862 / $999,900Range$145,000 – $3,750,000Price per Sq Ft$384 / $396Sq Ft2,649 / 2,000DOM24 / 15New4Total24
Townhouse
Avg/Median Price$712,475 / $749,900Range$300,000 – $975,000Price per Sq Ft$326 / $278Sq Ft1,640 / 1,080DOM9 / 7New0Total4

Sales by Bedroom Count

Studio
Avg:$155,609Median:$159,900Range:$95,000 – $179,900PSF:$258 / $269Sq Ft:603 / 600DOM:37 / 21New:0Total:11
1 Beds
Avg:$212,526Median:$199,900Range:$150,000 – $410,000PSF:$268 / $254Sq Ft:822 / 840DOM:20 / 8New:11Total:56
2 Beds
Avg:$424,812Median:$425,000Range:$219,900 – $1,150,000PSF:$329 / $317Sq Ft:1,329 / 1,260DOM:17 / 7New:12Total:71
3 Beds
Avg:$640,511Median:$589,900Range:$359,000 – $1,099,900PSF:$367 / $359Sq Ft:1,748 / 1,700DOM:10 / 6New:6Total:33
4 Beds
Avg:$1,133,994Median:$975,000Range:$500,000 – $2,475,000PSF:$421 / $389Sq Ft:2,736 / 2,400DOM:21 / 9New:1Total:8
5 Beds
Avg:$1,494,167Median:$1,395,000Range:$950,000 – $2,095,000PSF:$479 / $447Sq Ft:3,847 / 3,800DOM:12 / 6New:1Total:6
6 Beds
Avg:$2,285,975Median:$1,999,000Range:$1,199,900 – $3,750,000PSF:$490 / $476Sq Ft:5,333 / 4,800DOM:17 / 11New:1Total:4
7 Beds
Avg:$2,395,000Median:$2,395,000Range:$2,395,000 – $2,395,000PSF:Sq Ft:DOM:92 / 92New:0Total:1
8 Beds
Avg:$1,087,000Median:$949,000Range:$949,000 – $1,225,000PSF:Sq Ft:DOM:6 / 1New:1Total:2

Rental Market Overview

Median Rent
$1,895
+1.1%
Median DOM
23
+9.5%
New Listings
154
Inventory
1,387
+4.7%
  • Average Rent: $2,073
  • Median Rent: $1,895
  • Rent Range: $950 – $9,999
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 770 / 675
  • Square Footage Range: 251 – 10,000
  • Days on Market (Avg/Median): 51 / 23
  • Days on Market Range: 1 – 365
  • New Listings: 154
  • Total Listings: 1,387

Rentals by Property Type

Apartment
$1,895
Median DOM: 25
Inventory: 1,219
MoM: +1.1%
Condo
$2,100
Median DOM: 13
Inventory: 91
MoM: +1.1%
Single Family
$1,795
Median DOM: 15
Inventory: 58
MoM: +1.1%
Townhouse
$4,000
Median DOM: 8
Inventory: 1
MoM: +1.1%
Apartment
Avg/Median Rent$2,049 / $1,895Range$950 – $9,999Rent per Sq Ft$3 / $3Sq Ft761 / 675DOM56 / 25New119Total1,219
Condo
Avg/Median Rent$2,259 / $2,100Range$1,100 – $4,650Rent per Sq Ft$3 / $3Sq Ft935 / 785DOM22 / 13New29Total91
Multi-Family
Avg/Median Rent$1,525 / $1,395Range$1,150 – $2,150Rent per Sq Ft$3 / $3Sq Ft495 / 425DOM28 / 7New2Total18
Single Family
Avg/Median Rent$2,420 / $1,795Range$1,150 – $9,800Rent per Sq Ft$3 / $3Sq Ft793 / 600DOM26 / 15New4Total58
Townhouse
Avg/Median Rent$4,000 / $4,000Range$4,000 – $4,000Rent per Sq Ft$3 / $3Sq Ft1,600 / 1,600DOM8 / 8New0Total1

Rentals by Bedroom Count

Studio
Avg:$1,464Median:$1,450Range:$950 – $2,287PSF:$4 / $4Sq Ft:497 / 434DOM:55 / 25New:33Total:407
1 Beds
Avg:$1,951Median:$1,895Range:$982 – $9,999PSF:$3 / $3Sq Ft:718 / 675DOM:49 / 22New:68Total:597
2 Beds
Avg:$2,658Median:$2,595Range:$1,300 – $4,095PSF:$3 / $3Sq Ft:1,014 / 990DOM:50 / 19New:43Total:302
3 Beds
Avg:$3,695Median:$3,550Range:$1,850 – $8,000PSF:$3 / $3Sq Ft:1,525 / 1,400DOM:50 / 25New:8Total:75
4 Beds
Avg:$4,208Median:$3,800Range:$3,500 – $4,765PSF:$2 / $2Sq Ft:2,536 / 2,722DOM:31 / 9New:2Total:4
5 Beds
Avg:$8,500Median:$8,500Range:$8,500 – $8,500PSF:$2 / $2Sq Ft:3,900 / 3,900DOM:18 / 18New:0Total:1
6 Beds
Avg:$9,800Median:$9,800Range:$9,800 – $9,800PSF:Sq Ft:DOM:44 / 44New:0Total:1

6-Month Sales Trend

Jan 2026
Median Price:$299,990Median DOM:36New:43Total:168
Feb 2026
Median Price:$325,000Median DOM:14New:69Total:147
Mar 2026
Median Price:$330,000Median DOM:11New:77Total:180
Apr 2026
Median Price:$345,000Median DOM:9New:81Total:210
May 2026
Median Price:$355,000Median DOM:8New:65Total:195
Jun 2026
Median Price:$359,900Median DOM:8New:33Total:201

6-Month Rental Trend

Jan 2026
Median Rent:$1,600Median DOM:43New:172Total:809
Feb 2026
Median Rent:$1,675Median DOM:27New:248Total:983
Mar 2026
Median Rent:$1,745Median DOM:21New:350Total:1,144
Apr 2026
Median Rent:$1,810Median DOM:22New:295Total:1,331
May 2026
Median Rent:$1,875Median DOM:21New:313Total:1,325
Jun 2026
Median Rent:$1,895Median DOM:23New:154Total:1,387

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. 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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