ZIP 60640 Housing Market Report
Chicago Metro
Report period: March 2026
60640 Monthly Market Update – March 2026
ZIP 60640 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$329,900
+1.5%
Median DOM (Sales)
13
−7.1%
New Listings (Sales)
25
−63.8%
Median Rent
$1,697
+1.3%
Median DOM (Rental)
25
−7.4%
Total Rental Listings
1,051
+6.9%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Townhouse (8 DOM)
- Fastest renting: Condo (14 DOM)
- Strongest bedroom: 8 Beds ($1,399,500 median)
Sales Market Overview
Median Price
$329,900
+1.5%
Median DOM
13
−7.1%
New Listings
25
−63.8%
Inventory
161
+9.5%
- Average Price: $474,555
- Median Price: $329,900
- Price Range: $12,000 – $2,575,000
- Price per Sq Ft (Avg/Median): $311 / $302
- Square Footage (Avg/Median): 1,444 / 1,200
- Square Footage Range: 415 – 4,925
- Days on Market (Avg/Median): 28 / 13
- Days on Market Range: 2 – 356
- New Listings: 25
- Total Listings: 161
Sales by Property Type
Condo
Avg/Median Price$347,606 / $305,000Range$95,000 – $824,000Price per Sq Ft$297 / $296Sq Ft1,195 / 1,100DOM25 / 10New21Total126
Land
Avg/Median Price$115,311 / $24,900Range$12,000 – $825,000Price per Sq Ft—Sq Ft—DOM40 / 42New0Total9
Multi-Family
Avg/Median Price$1,091,186 / $999,000Range$799,900 – $1,550,000Price per Sq Ft—Sq Ft—DOM85 / 14New0Total7
Single Family
Avg/Median Price$1,346,171 / $1,469,000Range$149,000 – $2,575,000Price per Sq Ft$398 / $384Sq Ft3,143 / 3,800DOM23 / 13New4Total17
Townhouse
Avg/Median Price$522,000 / $469,000Range$469,000 – $575,000Price per Sq Ft$368 / $367Sq Ft1,420 / 1,275DOM39 / 8New0Total2
Sales by Bedroom Count
Studio
Avg:$136,611Median:$134,995Range:$95,000 – $179,900PSF:$246 / $240Sq Ft:561 / 600DOM:26 / 27New:0Total:8
1 Beds
Avg:$208,318Median:$210,000Range:$111,000 – $330,000PSF:$280 / $268Sq Ft:777 / 780DOM:29 / 16New:10Total:49
2 Beds
Avg:$389,390Median:$359,900Range:$200,000 – $824,000PSF:$300 / $299Sq Ft:1,329 / 1,300DOM:17 / 7New:8Total:48
3 Beds
Avg:$582,652Median:$575,000Range:$350,000 – $1,469,000PSF:$334 / $352Sq Ft:1,792 / 1,600DOM:29 / 8New:3Total:25
4 Beds
Avg:$1,483,180Median:$799,900Range:$725,000 – $2,575,000PSF:$408 / $417Sq Ft:3,402 / 3,200DOM:39 / 30New:3Total:10
5 Beds
Avg:$1,422,983Median:$1,250,000Range:$799,900 – $2,400,000PSF:$487 / $446Sq Ft:3,633 / 3,800DOM:10 / 9New:1Total:6
6 Beds
Avg:$1,274,500Median:$950,000Range:$950,000 – $1,599,000PSF:$370 / $370Sq Ft:4,323 / 4,323DOM:7 / 6New:0Total:2
7 Beds
Avg:$969,950Median:$889,900Range:$889,900 – $1,050,000PSF:—Sq Ft:—DOM:185 / 14New:0Total:2
8 Beds
Avg:$1,474,750Median:$1,399,500Range:$1,399,500 – $1,550,000PSF:—Sq Ft:—DOM:98 / 32New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $136,611 | $134,995 | $95,000 – $179,900 | $246 / $240 | 561 / 600 | 26 / 27 | 0 | 8 |
| 1 Beds | $208,318 | $210,000 | $111,000 – $330,000 | $280 / $268 | 777 / 780 | 29 / 16 | 10 | 49 |
| 2 Beds | $389,390 | $359,900 | $200,000 – $824,000 | $300 / $299 | 1,329 / 1,300 | 17 / 7 | 8 | 48 |
| 3 Beds | $582,652 | $575,000 | $350,000 – $1,469,000 | $334 / $352 | 1,792 / 1,600 | 29 / 8 | 3 | 25 |
| 4 Beds | $1,483,180 | $799,900 | $725,000 – $2,575,000 | $408 / $417 | 3,402 / 3,200 | 39 / 30 | 3 | 10 |
| 5 Beds | $1,422,983 | $1,250,000 | $799,900 – $2,400,000 | $487 / $446 | 3,633 / 3,800 | 10 / 9 | 1 | 6 |
| 6 Beds | $1,274,500 | $950,000 | $950,000 – $1,599,000 | $370 / $370 | 4,323 / 4,323 | 7 / 6 | 0 | 2 |
| 7 Beds | $969,950 | $889,900 | $889,900 – $1,050,000 | — | — | 185 / 14 | 0 | 2 |
| 8 Beds | $1,474,750 | $1,399,500 | $1,399,500 – $1,550,000 | — | — | 98 / 32 | 0 | 2 |
Rental Market Overview
Median Rent
$1,697
+1.3%
Median DOM
25
−7.4%
New Listings
143
Inventory
1,051
+6.9%
- Average Rent: $1,883
- Median Rent: $1,697
- Rent Range: $795 – $10,000
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 733 / 621
- Square Footage Range: 270 – 10,000
- Days on Market (Avg/Median): 51 / 25
- Days on Market Range: 1 – 365
- New Listings: 143
- Total Listings: 1,051
Rentals by Property Type
Apartment
$1,650
Median DOM: 28
Inventory: 923
MoM: +1.3%
Condo
$2,300
Median DOM: 14
Inventory: 58
MoM: +1.3%
Single Family
$1,695
Median DOM: 15
Inventory: 60
MoM: +1.3%
Townhouse
$5,500
Median DOM: 25
Inventory: 1
MoM: +1.3%
Apartment
Avg/Median Rent$1,838 / $1,650Range$795 – $9,999Rent per Sq Ft$3 / $3Sq Ft713 / 600DOM54 / 28New118Total923
Condo
Avg/Median Rent$2,405 / $2,300Range$1,350 – $3,995Rent per Sq Ft$2 / $3Sq Ft1,005 / 850DOM25 / 14New11Total58
Multi-Family
Avg/Median Rent$1,726 / $1,532Range$1,150 – $3,000Rent per Sq Ft$3 / $3Sq Ft463 / 381DOM27 / 18New2Total9
Single Family
Avg/Median Rent$2,037 / $1,695Range$1,075 – $10,000Rent per Sq Ft$3 / $3Sq Ft789 / 700DOM40 / 15New12Total60
Townhouse
Avg/Median Rent$5,500 / $5,500Range$5,500 – $5,500Rent per Sq Ft—Sq Ft—DOM25 / 25New0Total1
Rentals by Bedroom Count
Studio
Avg:$1,351Median:$1,306Range:$795 – $2,400PSF:$3 / $3Sq Ft:496 / 400DOM:53 / 31New:51Total:411
1 Beds
Avg:$1,819Median:$1,755Range:$795 – $9,999PSF:$3 / $3Sq Ft:714 / 670DOM:52 / 20New:52Total:369
2 Beds
Avg:$2,571Median:$2,500Range:$1,750 – $3,850PSF:$3 / $3Sq Ft:1,024 / 1,000DOM:45 / 19New:31Total:222
3 Beds
Avg:$3,736Median:$3,400Range:$1,950 – $10,000PSF:$3 / $2Sq Ft:1,477 / 1,400DOM:54 / 23New:8Total:45
4 Beds
Avg:$3,625Median:$3,500Range:$2,899 – $4,350PSF:$2 / $3Sq Ft:1,704 / 1,350DOM:50 / 41New:1Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,351 | $1,306 | $795 – $2,400 | $3 / $3 | 496 / 400 | 53 / 31 | 51 | 411 |
| 1 Beds | $1,819 | $1,755 | $795 – $9,999 | $3 / $3 | 714 / 670 | 52 / 20 | 52 | 369 |
| 2 Beds | $2,571 | $2,500 | $1,750 – $3,850 | $3 / $3 | 1,024 / 1,000 | 45 / 19 | 31 | 222 |
| 3 Beds | $3,736 | $3,400 | $1,950 – $10,000 | $3 / $2 | 1,477 / 1,400 | 54 / 23 | 8 | 45 |
| 4 Beds | $3,625 | $3,500 | $2,899 – $4,350 | $2 / $3 | 1,704 / 1,350 | 50 / 41 | 1 | 4 |
6-Month Sales Trend
Oct 2025
Median Price:$349,000Median DOM:37New:79Total:263
Nov 2025
Median Price:$325,000Median DOM:41New:45Total:242
Dec 2025
Median Price:$314,900Median DOM:43New:27Total:195
Jan 2026
Median Price:$299,990Median DOM:36New:43Total:168
Feb 2026
Median Price:$325,000Median DOM:14New:69Total:147
Mar 2026
Median Price:$329,900Median DOM:13New:25Total:161
6-Month Rental Trend
Oct 2025
Median Rent:$1,674Median DOM:36New:183Total:911
Nov 2025
Median Rent:$1,600Median DOM:41New:113Total:814
Dec 2025
Median Rent:$1,595Median DOM:51New:144Total:768
Jan 2026
Median Rent:$1,600Median DOM:43New:172Total:809
Feb 2026
Median Rent:$1,675Median DOM:27New:248Total:983
Mar 2026
Median Rent:$1,697Median DOM:25New:143Total:1,051
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving 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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