ZIP 60641 Housing Market Report
Chicago Metro
Report period: May 2026
60641 Monthly Market Update – May 2026
ZIP 60641 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$549,999
−0.0%
Median DOM (Sales)
9
−25.0%
New Listings (Sales)
14
−70.8%
Median Rent
$1,775
−4.1%
Median DOM (Rental)
27
+8.0%
Total Rental Listings
409
+1.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Condo (7 DOM)
- Fastest renting: Townhouse (15 DOM)
- Strongest bedroom: 8 Beds ($810,000 median)
Sales Market Overview
Median Price
$549,999
−0.0%
Median DOM
9
−25.0%
New Listings
14
−70.8%
Inventory
121
+3.4%
- Average Price: $593,326
- Median Price: $549,999
- Price Range: $179,000 – $3,350,000
- Price per Sq Ft (Avg/Median): $288 / $280
- Square Footage (Avg/Median): 1,935 / 1,667
- Square Footage Range: 650 – 5,345
- Days on Market (Avg/Median): 29 / 9
- Days on Market Range: 1 – 320
- New Listings: 14
- Total Listings: 121
Sales by Property Type
Condo
Avg/Median Price$255,965 / $225,000Range$179,000 – $499,999Price per Sq Ft$261 / $256Sq Ft1,019 / 1,000DOM12 / 7New4Total20
Land
Avg/Median Price$1,182,780 / $599,999Range$374,900 – $3,350,000Price per Sq Ft—Sq Ft—DOM213 / 280New0Total5
Multi-Family
Avg/Median Price$631,427 / $649,000Range$349,000 – $895,000Price per Sq Ft$218 / $213Sq Ft3,450 / 2,700DOM34 / 17New1Total29
Single Family
Avg/Median Price$624,961 / $525,000Range$219,000 – $2,000,000Price per Sq Ft$292 / $282Sq Ft2,143 / 1,714DOM25 / 9New8Total57
Townhouse
Avg/Median Price$682,500 / $665,000Range$460,000 – $975,000Price per Sq Ft$326 / $320Sq Ft2,171 / 1,950DOM19 / 9New1Total10
Sales by Bedroom Count
Studio
Avg:$450,000Median:$450,000Range:$450,000 – $450,000PSF:—Sq Ft:—DOM:6 / 6New:1Total:1
1 Beds
Avg:$209,917Median:$205,000Range:$185,000 – $225,000PSF:$280 / $256Sq Ft:729 / 665DOM:9 / 6New:2Total:6
2 Beds
Avg:$297,360Median:$249,900Range:$179,000 – $499,500PSF:$269 / $262Sq Ft:1,116 / 1,004DOM:11 / 7New:3Total:20
3 Beds
Avg:$489,804Median:$460,000Range:$260,000 – $725,000PSF:$304 / $313Sq Ft:1,669 / 1,461DOM:30 / 9New:4Total:27
4 Beds
Avg:$686,954Median:$599,900Range:$289,900 – $2,000,000PSF:$284 / $250Sq Ft:2,417 / 2,500DOM:22 / 9New:3Total:28
5 Beds
Avg:$592,220Median:$559,000Range:$430,000 – $975,000PSF:$285 / $247Sq Ft:2,258 / 2,225DOM:31 / 19New:0Total:15
6 Beds
Avg:$911,013Median:$675,000Range:$549,999 – $1,999,900PSF:$321 / $355Sq Ft:4,880 / 4,975DOM:33 / 18New:1Total:15
7 Beds
Avg:$754,450Median:$749,000Range:$749,000 – $759,900PSF:—Sq Ft:—DOM:33 / 25New:0Total:2
8 Beds
Avg:$852,500Median:$810,000Range:$810,000 – $895,000PSF:$213 / $213Sq Ft:4,200 / 4,200DOM:65 / 64New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $450,000 | $450,000 | $450,000 – $450,000 | — | — | 6 / 6 | 1 | 1 |
| 1 Beds | $209,917 | $205,000 | $185,000 – $225,000 | $280 / $256 | 729 / 665 | 9 / 6 | 2 | 6 |
| 2 Beds | $297,360 | $249,900 | $179,000 – $499,500 | $269 / $262 | 1,116 / 1,004 | 11 / 7 | 3 | 20 |
| 3 Beds | $489,804 | $460,000 | $260,000 – $725,000 | $304 / $313 | 1,669 / 1,461 | 30 / 9 | 4 | 27 |
| 4 Beds | $686,954 | $599,900 | $289,900 – $2,000,000 | $284 / $250 | 2,417 / 2,500 | 22 / 9 | 3 | 28 |
| 5 Beds | $592,220 | $559,000 | $430,000 – $975,000 | $285 / $247 | 2,258 / 2,225 | 31 / 19 | 0 | 15 |
| 6 Beds | $911,013 | $675,000 | $549,999 – $1,999,900 | $321 / $355 | 4,880 / 4,975 | 33 / 18 | 1 | 15 |
| 7 Beds | $754,450 | $749,000 | $749,000 – $759,900 | — | — | 33 / 25 | 0 | 2 |
| 8 Beds | $852,500 | $810,000 | $810,000 – $895,000 | $213 / $213 | 4,200 / 4,200 | 65 / 64 | 0 | 2 |
Rental Market Overview
Median Rent
$1,775
−4.1%
Median DOM
27
+8.0%
New Listings
50
Inventory
409
+1.0%
- Average Rent: $1,948
- Median Rent: $1,775
- Rent Range: $1,000 – $5,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 909 / 775
- Square Footage Range: 250 – 2,631
- Days on Market (Avg/Median): 48 / 27
- Days on Market Range: 1 – 365
- New Listings: 50
- Total Listings: 409
Rentals by Property Type
Apartment
$1,734
Median DOM: 27
Inventory: 347
MoM: −4.1%
Condo
$1,700
Median DOM: 16
Inventory: 18
MoM: −4.1%
Single Family
$1,995
Median DOM: 25
Inventory: 43
MoM: −4.1%
Townhouse
$1,565
Median DOM: 15
Inventory: 1
MoM: −4.1%
Apartment
Avg/Median Rent$1,919 / $1,734Range$1,000 – $4,473Rent per Sq Ft$2 / $2Sq Ft875 / 761DOM50 / 27New41Total347
Condo
Avg/Median Rent$1,931 / $1,700Range$1,400 – $3,400Rent per Sq Ft$2 / $2Sq Ft989 / 900DOM31 / 16New4Total18
Single Family
Avg/Median Rent$2,198 / $1,995Range$1,290 – $5,000Rent per Sq Ft$2 / $2Sq Ft1,119 / 1,172DOM41 / 25New5Total43
Townhouse
Avg/Median Rent$1,565 / $1,565Range$1,565 – $1,565Rent per Sq Ft$2 / $2Sq Ft850 / 850DOM15 / 15New0Total1
Rentals by Bedroom Count
Studio
Avg:$1,373Median:$1,300Range:$1,000 – $2,500PSF:$3 / $3Sq Ft:514 / 470DOM:25 / 19New:10Total:43
1 Beds
Avg:$1,811Median:$1,550Range:$1,050 – $2,925PSF:$3 / $3Sq Ft:724 / 747DOM:51 / 27New:17Total:157
2 Beds
Avg:$1,919Median:$1,775Range:$1,200 – $3,200PSF:$2 / $2Sq Ft:979 / 974DOM:53 / 27New:18Total:153
3 Beds
Avg:$2,728Median:$2,500Range:$1,600 – $4,473PSF:$2 / $2Sq Ft:1,499 / 1,300DOM:42 / 25New:5Total:49
4 Beds
Avg:$3,738Median:$3,125Range:$3,000 – $5,000PSF:$2 / $2Sq Ft:1,659 / 1,700DOM:39 / 29New:0Total:6
7 Beds
Avg:$3,550Median:$3,550Range:$3,550 – $3,550PSF:—Sq Ft:—DOM:77 / 77New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,373 | $1,300 | $1,000 – $2,500 | $3 / $3 | 514 / 470 | 25 / 19 | 10 | 43 |
| 1 Beds | $1,811 | $1,550 | $1,050 – $2,925 | $3 / $3 | 724 / 747 | 51 / 27 | 17 | 157 |
| 2 Beds | $1,919 | $1,775 | $1,200 – $3,200 | $2 / $2 | 979 / 974 | 53 / 27 | 18 | 153 |
| 3 Beds | $2,728 | $2,500 | $1,600 – $4,473 | $2 / $2 | 1,499 / 1,300 | 42 / 25 | 5 | 49 |
| 4 Beds | $3,738 | $3,125 | $3,000 – $5,000 | $2 / $2 | 1,659 / 1,700 | 39 / 29 | 0 | 6 |
| 7 Beds | $3,550 | $3,550 | $3,550 – $3,550 | — | — | 77 / 77 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$550,000Median DOM:50New:16Total:130
Jan 2026
Median Price:$599,000Median DOM:47New:19Total:105
Feb 2026
Median Price:$589,900Median DOM:29New:28Total:87
Mar 2026
Median Price:$559,000Median DOM:15New:38Total:97
Apr 2026
Median Price:$550,000Median DOM:12New:48Total:117
May 2026
Median Price:$549,999Median DOM:9New:14Total:121
6-Month Rental Trend
Dec 2025
Median Rent:$1,560Median DOM:42New:47Total:249
Jan 2026
Median Rent:$1,495Median DOM:33New:76Total:269
Feb 2026
Median Rent:$1,750Median DOM:16New:173Total:399
Mar 2026
Median Rent:$1,795Median DOM:23New:73Total:408
Apr 2026
Median Rent:$1,850Median DOM:25New:103Total:405
May 2026
Median Rent:$1,775Median DOM:27New:50Total:409
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing eased, 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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