ZIP 60642 Housing Market Report

Chicago Metro

Report period: May 2026

60642 Monthly Market Update – May 2026

ZIP 60642 · Last updated May 13, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$674,900
+12.5%
Median DOM (Sales)
8
0.0%
New Listings (Sales)
22
−54.2%
Median Rent
$2,871
+2.6%
Median DOM (Rental)
29
+7.4%
Total Rental Listings
667
+1.5%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Multi-Family (4 DOM)
  • Fastest renting: Multi-Family (5 DOM)
  • Strongest bedroom: 8 Beds ($1,250,000 median)

Sales Market Overview

Median Price
$674,900
+12.5%
Median DOM
8
0.0%
New Listings
22
−54.2%
Inventory
107
+9.2%
  • Average Price: $737,147
  • Median Price: $674,900
  • Price Range: $225,000 – $2,300,000
  • Price per Sq Ft (Avg/Median): $396 / $383
  • Square Footage (Avg/Median): 1,952 / 1,700
  • Square Footage Range: 750 – 4,800
  • Days on Market (Avg/Median): 16 / 8
  • Days on Market Range: 2 – 92
  • New Listings: 22
  • Total Listings: 107

Sales by Property Type

Condo
Avg/Median Price$709,718 / $635,000Range$225,000 – $2,300,000Price per Sq Ft$397 / $383Sq Ft1,866 / 1,650DOM16 / 8New18Total96
Land
Avg/Median Price$529,000 / $529,000Range$529,000 – $529,000Price per Sq FtSq FtDOM44 / 44New0Total1
Multi-Family
Avg/Median Price$1,037,500 / $825,000Range$825,000 – $1,250,000Price per Sq FtSq FtDOM6 / 4New2Total2
Single Family
Avg/Median Price$1,566,300 / $1,300,000Range$1,198,900 – $2,200,000Price per Sq Ft$447 / $464Sq Ft3,467 / 3,100DOM13 / 13New1Total3
Townhouse
Avg/Median Price$687,780 / $725,000Range$475,000 – $849,900Price per Sq Ft$324 / $333Sq Ft2,300 / 2,300DOM7 / 4New1Total5

Sales by Bedroom Count

Studio
Avg:$225,000Median:$225,000Range:$225,000 – $225,000PSF:Sq Ft:DOM:22 / 22New:0Total:1
1 Beds
Avg:$355,638Median:$359,900Range:$249,950 – $499,000PSF:$371 / $353Sq Ft:979 / 905DOM:23 / 13New:3Total:17
2 Beds
Avg:$569,726Median:$550,000Range:$300,000 – $899,000PSF:$376 / $380Sq Ft:1,460 / 1,318DOM:10 / 6New:4Total:30
3 Beds
Avg:$887,296Median:$785,000Range:$475,000 – $2,300,000PSF:$420 / $398Sq Ft:2,254 / 2,300DOM:17 / 9New:10Total:48
4 Beds
Avg:$1,203,271Median:$999,000Range:$849,900 – $2,200,000PSF:$359 / $313Sq Ft:3,154 / 2,800DOM:13 / 7New:3Total:7
5 Beds
Avg:$1,360,000Median:$825,000Range:$825,000 – $1,895,000PSF:$451 / $451Sq Ft:4,200 / 4,200DOM:9 / 4New:1Total:2
8 Beds
Avg:$1,250,000Median:$1,250,000Range:$1,250,000 – $1,250,000PSF:Sq Ft:DOM:7 / 7New:1Total:1

Rental Market Overview

Median Rent
$2,871
+2.6%
Median DOM
29
+7.4%
New Listings
78
Inventory
667
+1.5%
  • Average Rent: $3,139
  • Median Rent: $2,871
  • Rent Range: $850 – $9,995
  • Rent per Sq Ft (Avg/Median): $4 / $4
  • Square Footage (Avg/Median): 942 / 819
  • Square Footage Range: 314 – 3,600
  • Days on Market (Avg/Median): 52 / 29
  • Days on Market Range: 2 – 361
  • New Listings: 78
  • Total Listings: 667

Rentals by Property Type

Apartment
$2,786
Median DOM: 32
Inventory: 556
MoM: +2.6%
Condo
$3,500
Median DOM: 13
Inventory: 76
MoM: +2.6%
Single Family
$2,795
Median DOM: 12
Inventory: 30
MoM: +2.6%
Townhouse
$5,400
Median DOM: 9
Inventory: 1
MoM: +2.6%
Apartment
Avg/Median Rent$3,054 / $2,786Range$850 – $9,995Rent per Sq Ft$4 / $4Sq Ft862 / 788DOM55 / 32New60Total556
Condo
Avg/Median Rent$3,598 / $3,500Range$1,825 – $6,500Rent per Sq Ft$3 / $3Sq Ft1,403 / 1,300DOM40 / 13New11Total76
Multi-Family
Avg/Median Rent$3,038 / $3,200Range$2,350 – $3,400Rent per Sq Ft$2 / $2Sq Ft1,338 / 1,350DOM87 / 5New1Total4
Single Family
Avg/Median Rent$3,485 / $2,795Range$1,500 – $9,995Rent per Sq Ft$3 / $3Sq Ft1,233 / 1,000DOM28 / 12New5Total30
Townhouse
Avg/Median Rent$5,400 / $5,400Range$5,400 – $5,400Rent per Sq Ft$3 / $3Sq Ft2,000 / 2,000DOM9 / 9New1Total1

Rentals by Bedroom Count

Studio
Avg:$2,270Median:$2,320Range:$1,505 – $2,930PSF:$5 / $5Sq Ft:501 / 524DOM:77 / 39New:11Total:112
1 Beds
Avg:$2,621Median:$2,665Range:$850 – $3,985PSF:$4 / $4Sq Ft:716 / 695DOM:59 / 38New:18Total:221
2 Beds
Avg:$3,405Median:$3,500Range:$1,695 – $9,768PSF:$3 / $3Sq Ft:1,028 / 982DOM:38 / 21New:25Total:227
3 Beds
Avg:$4,468Median:$4,395Range:$1,383 – $9,995PSF:$3 / $3Sq Ft:1,545 / 1,350DOM:42 / 14New:23Total:94
4 Beds
Avg:$4,627Median:$3,600Range:$3,000 – $9,995PSF:$2 / $2Sq Ft:2,016 / 1,800DOM:44 / 35New:1Total:11
5 Beds
Avg:$9,995Median:$9,995Range:$9,995 – $9,995PSF:$3 / $3Sq Ft:3,600 / 3,600DOM:66 / 66New:0Total:1
6 Beds
Avg:$6,595Median:$6,595Range:$6,595 – $6,595PSF:$3 / $3Sq Ft:2,200 / 2,200DOM:New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$650,000Median DOM:50New:7Total:92
Jan 2026
Median Price:$675,000Median DOM:37New:33Total:94
Feb 2026
Median Price:$699,000Median DOM:9New:31Total:77
Mar 2026
Median Price:$674,900Median DOM:8New:39Total:83
Apr 2026
Median Price:$599,900Median DOM:8New:48Total:98
May 2026
Median Price:$674,900Median DOM:8New:22Total:107

6-Month Rental Trend

Dec 2025
Median Rent:$2,750Median DOM:40New:66Total:320
Jan 2026
Median Rent:$2,750Median DOM:33New:74Total:317
Feb 2026
Median Rent:$2,735Median DOM:19New:130Total:407
Mar 2026
Median Rent:$2,695Median DOM:24New:162Total:518
Apr 2026
Median Rent:$2,799Median DOM:27New:184Total:657
May 2026
Median Rent:$2,871Median DOM:29New:78Total:667

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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