ZIP 60645 Housing Market Report

Chicago Metro

Report period: August 2026

60645 Monthly Market Update – August 2026

ZIP 60645 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$325,000
0.0%
Median DOM (Sales)
8
+14.3%
New Listings (Sales)
32
−34.7%
Median Rent
$1,750
+3.2%
Median DOM (Rental)
37
−5.1%
Total Rental Listings
354
−8.1%

Month-over-Month Movement

Median sale prices were flat. Days on market lengthened. Rents moved higher. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Multi-Family (1 DOM)
  • Fastest renting: Multi-Family (7 DOM)
  • Strongest bedroom: 8 Beds ($747,000 median)

Sales Market Overview

Median Price
$325,000
0.0%
Median DOM
8
+14.3%
New Listings
32
−34.7%
Inventory
118
+0.9%
  • Average Price: $414,002
  • Median Price: $325,000
  • Price Range: $99,900 – $1,240,000
  • Price per Sq Ft (Avg/Median): $243 / $223
  • Square Footage (Avg/Median): 1,594 / 1,300
  • Square Footage Range: 600 – 4,673
  • Days on Market (Avg/Median): 32 / 8
  • Days on Market Range: 1 – 262
  • New Listings: 32
  • Total Listings: 118

Sales by Property Type

Condo
Avg/Median Price$246,144 / $229,000Range$110,000 – $650,000Price per Sq Ft$201 / $199Sq Ft1,224 / 1,100DOM28 / 8New13Total66
Land
Avg/Median Price$403,868 / $479,770Range$99,900 – $559,000Price per Sq FtSq FtDOM159 / 113New1Total6
Multi-Family
Avg/Median Price$819,433 / $747,000Range$650,000 – $1,240,000Price per Sq Ft$202 / $202Sq Ft3,700 / 3,700DOM20 / 1New5Total9
Single Family
Avg/Median Price$641,445 / $625,000Range$325,000 – $1,200,000Price per Sq Ft$315 / $326Sq Ft2,197 / 2,076DOM20 / 6New12Total34
Townhouse
Avg/Median Price$333,167 / $350,000Range$299,500 – $350,000Price per Sq Ft$271 / $262Sq Ft1,338 / 1,142DOM20 / 21New1Total3

Sales by Bedroom Count

1 Beds
Avg:$165,374Median:$159,900Range:$110,000 – $299,500PSF:$202 / $199Sq Ft:844 / 800DOM:23 / 11New:4Total:19
2 Beds
Avg:$240,922Median:$232,000Range:$144,900 – $385,000PSF:$231 / $215Sq Ft:1,071 / 1,100DOM:23 / 6New:8Total:32
3 Beds
Avg:$477,969Median:$459,900Range:$175,000 – $889,000PSF:$264 / $230Sq Ft:1,870 / 1,900DOM:29 / 10New:10Total:39
4 Beds
Avg:$718,185Median:$699,000Range:$445,000 – $1,200,000PSF:$266 / $253Sq Ft:2,749 / 2,300DOM:23 / 1New:5Total:9
5 Beds
Avg:$705,250Median:$700,000Range:$635,000 – $775,000PSF:$251 / $259Sq Ft:2,733 / 2,700DOM:25 / 13New:0Total:4
6 Beds
Avg:$829,286Median:$725,000Range:$650,000 – $1,240,000PSF:$330 / $330Sq Ft:3,184 / 3,184DOM:22 / 1New:3Total:7
8 Beds
Avg:$923,500Median:$747,000Range:$747,000 – $1,100,000PSF:$202 / $202Sq Ft:3,700 / 3,700DOM:13 / 1New:1Total:2

Rental Market Overview

Median Rent
$1,750
+3.2%
Median DOM
37
−5.1%
New Listings
21
Inventory
354
−8.1%
  • Average Rent: $1,914
  • Median Rent: $1,750
  • Rent Range: $1,000 – $6,035
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 950 / 900
  • Square Footage Range: 350 – 2,825
  • Days on Market (Avg/Median): 80 / 37
  • Days on Market Range: 1 – 365
  • New Listings: 21
  • Total Listings: 354

Rentals by Property Type

Apartment
$1,600
Median DOM: 44
Inventory: 274
MoM: +3.2%
Condo
$2,000
Median DOM: 23
Inventory: 41
MoM: +3.2%
Single Family
$1,800
Median DOM: 30
Inventory: 27
MoM: +3.2%
Townhouse
$3,975
Median DOM: 36
Inventory: 10
MoM: +3.2%
Apartment
Avg/Median Rent$1,799 / $1,600Range$1,010 – $6,035Rent per Sq Ft$2 / $2Sq Ft859 / 850DOM93 / 44New14Total274
Condo
Avg/Median Rent$2,185 / $2,000Range$1,000 – $4,500Rent per Sq Ft$2 / $2Sq Ft1,235 / 1,100DOM45 / 23New4Total41
Multi-Family
Avg/Median Rent$1,675 / $1,650Range$1,650 – $1,700Rent per Sq FtSq FtDOM10 / 7New0Total2
Single Family
Avg/Median Rent$2,009 / $1,800Range$1,100 – $3,775Rent per Sq Ft$2 / $2Sq Ft1,149 / 1,000DOM44 / 30New1Total27
Townhouse
Avg/Median Rent$3,746 / $3,975Range$2,400 – $4,600Rent per Sq Ft$2 / $2Sq Ft1,750 / 1,600DOM35 / 36New2Total10

Rentals by Bedroom Count

Studio
Avg:$1,280Median:$1,250Range:$1,010 – $1,600PSF:$3 / $3Sq Ft:477 / 400DOM:127 / 86New:0Total:40
1 Beds
Avg:$1,512Median:$1,550Range:$1,000 – $1,869PSF:$2 / $2Sq Ft:711 / 700DOM:71 / 32New:10Total:93
2 Beds
Avg:$1,964Median:$1,825Range:$1,450 – $6,035PSF:$2 / $2Sq Ft:940 / 925DOM:84 / 41New:5Total:156
3 Beds
Avg:$2,700Median:$2,475Range:$1,650 – $4,600PSF:$2 / $2Sq Ft:1,420 / 1,400DOM:50 / 31New:4Total:58
4 Beds
Avg:$3,190Median:$2,995Range:$2,600 – $4,350PSF:$2 / $2Sq Ft:1,785 / 1,800DOM:74 / 75New:2Total:6
5 Beds
Avg:$3,495Median:$3,495Range:$3,495 – $3,495PSF:Sq Ft:DOM:98 / 98New:0Total:1

6-Month Sales Trend

Mar 2026
Median Price:$295,800Median DOM:18New:43Total:100
Apr 2026
Median Price:$299,900Median DOM:18New:31Total:108
May 2026
Median Price:$339,750Median DOM:13New:46Total:116
Jun 2026
Median Price:$339,750Median DOM:12New:54Total:126
Jul 2026
Median Price:$325,000Median DOM:7New:49Total:117
Aug 2026
Median Price:$325,000Median DOM:8New:32Total:118

6-Month Rental Trend

Mar 2026
Median Rent:$1,750Median DOM:42New:86Total:356
Apr 2026
Median Rent:$1,750Median DOM:43New:85Total:387
May 2026
Median Rent:$1,750Median DOM:43New:76Total:378
Jun 2026
Median Rent:$1,695Median DOM:35New:107Total:396
Jul 2026
Median Rent:$1,695Median DOM:39New:72Total:385
Aug 2026
Median Rent:$1,750Median DOM:37New:21Total:354

Key Market Takeaways

Median sale prices held steady this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, 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.

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