ZIP 60641 Housing Market Report

Chicago Metro

Report period: August 2026

60641 Monthly Market Update – August 2026

ZIP 60641 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$559,999
+0.2%
Median DOM (Sales)
6
−14.3%
New Listings (Sales)
37
−41.3%
Median Rent
$1,755
−1.1%
Median DOM (Rental)
28
0.0%
Total Rental Listings
328
−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 (1 DOM)
  • Fastest renting: Single Family (15 DOM)
  • Strongest bedroom: 7 Beds ($760,000 median)

Sales Market Overview

Median Price
$559,999
+0.2%
Median DOM
6
−14.3%
New Listings
37
−41.3%
Inventory
139
+2.2%
  • Average Price: $541,726
  • Median Price: $559,999
  • Price Range: $132,500 – $1,199,900
  • Price per Sq Ft (Avg/Median): $276 / $268
  • Square Footage (Avg/Median): 1,963 / 1,750
  • Square Footage Range: 400 – 4,300
  • Days on Market (Avg/Median): 19 / 6
  • Days on Market Range: 1 – 243
  • New Listings: 37
  • Total Listings: 139

Sales by Property Type

Condo
Avg/Median Price$210,164 / $195,000Range$132,500 – $450,000Price per Sq Ft$257 / $250Sq Ft862 / 800DOM23 / 7New4Total22
Land
Avg/Median Price$489,333 / $289,000Range$198,000 – $989,000Price per Sq FtSq FtDOM36 / 47New1Total6
Multi-Family
Avg/Median Price$667,177 / $649,900Range$349,900 – $985,000Price per Sq Ft$213 / $213Sq Ft4,200 / 4,200DOM30 / 9New8Total35
Single Family
Avg/Median Price$578,122 / $529,900Range$259,900 – $1,199,900Price per Sq Ft$280 / $273Sq Ft2,202 / 1,909DOM13 / 5New17Total67
Townhouse
Avg/Median Price$628,322 / $629,900Range$425,000 – $710,000Price per Sq Ft$290 / $308Sq Ft2,194 / 2,240DOM2 / 1New7Total9

Sales by Bedroom Count

1 Beds
Avg:$180,369Median:$179,000Range:$132,500 – $240,000PSF:$267 / $250Sq Ft:703 / 725DOM:22 / 7New:2Total:13
2 Beds
Avg:$270,327Median:$259,900Range:$184,000 – $425,000PSF:$241 / $244Sq Ft:1,139 / 1,000DOM:17 / 7New:5Total:11
3 Beds
Avg:$540,026Median:$529,000Range:$260,000 – $1,050,000PSF:$293 / $281Sq Ft:1,954 / 1,876DOM:10 / 1New:12Total:39
4 Beds
Avg:$598,560Median:$560,000Range:$309,000 – $1,199,900PSF:$277 / $274Sq Ft:2,307 / 2,230DOM:13 / 1New:11Total:35
5 Beds
Avg:$709,860Median:$695,000Range:$537,000 – $1,100,000PSF:$262 / $237Sq Ft:3,139 / 3,000DOM:37 / 22New:3Total:15
6 Beds
Avg:$643,820Median:$599,900Range:$499,500 – $985,000PSF:$239 / $167Sq Ft:2,750 / 1,600DOM:14 / 8New:2Total:10
7 Beds
Avg:$760,000Median:$760,000Range:$760,000 – $760,000PSF:Sq Ft:DOM:19 / 19New:0Total:1
8 Beds
Avg:$798,756Median:$740,000Range:$649,900 – $975,000PSF:$213 / $213Sq Ft:4,200 / 4,200DOM:47 / 18New:1Total:9

Rental Market Overview

Median Rent
$1,755
−1.1%
Median DOM
28
0.0%
New Listings
29
Inventory
328
−2.7%
  • Average Rent: $2,001
  • Median Rent: $1,755
  • Rent Range: $900 – $6,500
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 931 / 785
  • Square Footage Range: 250 – 3,700
  • Days on Market (Avg/Median): 55 / 28
  • Days on Market Range: 1 – 361
  • New Listings: 29
  • Total Listings: 328

Rentals by Property Type

Apartment
$1,650
Median DOM: 31
Inventory: 260
MoM: −1.1%
Condo
$1,950
Median DOM: 17
Inventory: 22
MoM: −1.1%
Single Family
$2,125
Median DOM: 15
Inventory: 42
MoM: −1.1%
Townhouse
$4,800
Median DOM: 36
Inventory: 4
MoM: −1.1%
Apartment
Avg/Median Rent$1,882 / $1,650Range$995 – $4,374Rent per Sq Ft$2 / $2Sq Ft839 / 753DOM64 / 31New15Total260
Condo
Avg/Median Rent$2,028 / $1,950Range$1,350 – $4,000Rent per Sq Ft$2 / $2Sq Ft984 / 900DOM25 / 17New6Total22
Single Family
Avg/Median Rent$2,440 / $2,125Range$900 – $5,000Rent per Sq Ft$2 / $2Sq Ft1,348 / 1,200DOM27 / 15New8Total42
Townhouse
Avg/Median Rent$5,025 / $4,800Range$3,500 – $6,500Rent per Sq Ft$2 / $2Sq Ft2,067 / 1,950DOM33 / 36New0Total4

Rentals by Bedroom Count

Studio
Avg:$1,285Median:$1,300Range:$995 – $2,750PSF:$3 / $3Sq Ft:470 / 450DOM:49 / 21New:2Total:47
1 Beds
Avg:$1,765Median:$1,600Range:$1,200 – $2,925PSF:$3 / $2Sq Ft:726 / 742DOM:70 / 36New:13Total:124
2 Beds
Avg:$2,051Median:$1,950Range:$900 – $3,500PSF:$2 / $2Sq Ft:989 / 1,000DOM:42 / 23New:11Total:113
3 Beds
Avg:$3,073Median:$3,000Range:$1,900 – $4,800PSF:$2 / $2Sq Ft:1,722 / 1,500DOM:57 / 34New:3Total:37
4 Beds
Avg:$4,162Median:$3,500Range:$3,000 – $5,300PSF:$2 / $2Sq Ft:1,858 / 1,780DOM:29 / 36New:0Total:4
5 Beds
Avg:$5,750Median:$5,000Range:$5,000 – $6,500PSF:$1 / $1Sq Ft:3,700 / 3,700DOM:26 / 13New:0Total:2
7 Beds
Avg:$3,550Median:$3,550Range:$3,550 – $3,550PSF:Sq Ft:DOM:154 / 154New:0Total:1

6-Month Sales Trend

Mar 2026
Median Price:$559,000Median DOM:15New:38Total:97
Apr 2026
Median Price:$550,000Median DOM:12New:48Total:117
May 2026
Median Price:$549,000Median DOM:8New:51Total:132
Jun 2026
Median Price:$550,000Median DOM:8New:58Total:133
Jul 2026
Median Price:$559,000Median DOM:7New:63Total:136
Aug 2026
Median Price:$559,999Median DOM:6New:37Total:139

6-Month Rental Trend

Mar 2026
Median Rent:$1,795Median DOM:23New:73Total:408
Apr 2026
Median Rent:$1,850Median DOM:25New:103Total:405
May 2026
Median Rent:$1,800Median DOM:30New:93Total:380
Jun 2026
Median Rent:$1,750Median DOM:27New:93Total:388
Jul 2026
Median Rent:$1,775Median DOM:28New:78Total:337
Aug 2026
Median Rent:$1,755Median DOM:28New:29Total:328

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.

← Back to Chicago Metro