ZIP 60647 Housing Market Report

Chicago Metro

Report period: June 2026

60647 Monthly Market Update – June 2026

ZIP 60647 · Last updated Jun 12, 2026 · Data range Jan 2026 – Jun 2026

Executive Snapshot

Median Sale Price
$725,000
+3.6%
Median DOM (Sales)
8
−11.1%
New Listings (Sales)
54
−50.0%
Median Rent
$2,200
+0.2%
Median DOM (Rental)
20
+5.3%
Total Rental Listings
1,075
+8.6%

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: Condo (7 DOM)
  • Fastest renting: Multi-Family (9 DOM)
  • Strongest bedroom: 7 Beds ($995,000 median)

Sales Market Overview

Median Price
$725,000
+3.6%
Median DOM
8
−11.1%
New Listings
54
−50.0%
Inventory
290
+6.2%
  • Average Price: $866,351
  • Median Price: $725,000
  • Price Range: $9,500 – $7,999,999
  • Price per Sq Ft (Avg/Median): $390 / $371
  • Square Footage (Avg/Median): 2,181 / 1,902
  • Square Footage Range: 600 – 6,750
  • Days on Market (Avg/Median): 21 / 8
  • Days on Market Range: 1 – 356
  • New Listings: 54
  • Total Listings: 290

Sales by Property Type

Condo
Avg/Median Price$632,545 / $575,000Range$199,000 – $1,300,000Price per Sq Ft$366 / $367Sq Ft1,721 / 1,610DOM13 / 7New23Total123
Land
Avg/Median Price$1,044,528 / $350,000Range$9,500 – $7,999,999Price per Sq FtSq FtDOM52 / 23New2Total18
Multi-Family
Avg/Median Price$827,885 / $824,000Range$350,000 – $1,590,000Price per Sq Ft$345 / $379Sq Ft2,692 / 2,372DOM36 / 15New14Total63
Single Family
Avg/Median Price$1,251,037 / $1,050,000Range$450,000 – $4,850,000Price per Sq Ft$432 / $391Sq Ft2,823 / 2,584DOM20 / 9New13Total75
Townhouse
Avg/Median Price$786,618 / $799,900Range$540,000 – $1,000,000Price per Sq Ft$362 / $333Sq Ft2,059 / 1,902DOM16 / 10New2Total11

Sales by Bedroom Count

1 Beds
Avg:$288,986Median:$270,000Range:$200,000 – $395,000PSF:$337 / $343Sq Ft:855 / 800DOM:65 / 10New:0Total:7
2 Beds
Avg:$497,134Median:$495,000Range:$199,000 – $949,900PSF:$388 / $373Sq Ft:1,364 / 1,400DOM:8 / 7New:9Total:56
3 Beds
Avg:$825,171Median:$774,900Range:$320,000 – $1,800,000PSF:$375 / $363Sq Ft:2,132 / 2,000DOM:15 / 7New:18Total:95
4 Beds
Avg:$1,073,651Median:$975,000Range:$450,000 – $2,300,000PSF:$372 / $367Sq Ft:3,030 / 3,000DOM:14 / 10New:10Total:45
5 Beds
Avg:$983,873Median:$824,000Range:$450,000 – $2,399,000PSF:$522 / $355Sq Ft:3,121 / 3,000DOM:28 / 9New:3Total:26
6 Beds
Avg:$1,092,942Median:$900,000Range:$400,000 – $3,499,999PSF:$450 / $418Sq Ft:4,073 / 3,800DOM:40 / 21New:4Total:19
7 Beds
Avg:$1,496,992Median:$995,000Range:$350,000 – $4,850,000PSF:$681 / $681Sq Ft:6,750 / 6,750DOM:64 / 16New:4Total:13
8 Beds
Avg:$914,991Median:$900,000Range:$650,000 – $1,180,000PSF:$379 / $379Sq Ft:2,372 / 2,372DOM:19 / 15New:4Total:11

Rental Market Overview

Median Rent
$2,200
+0.2%
Median DOM
20
+5.3%
New Listings
128
Inventory
1,075
+8.6%
  • Average Rent: $2,386
  • Median Rent: $2,200
  • Rent Range: $1,000 – $7,990
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 897 / 800
  • Square Footage Range: 293 – 10,000
  • Days on Market (Avg/Median): 49 / 20
  • Days on Market Range: 1 – 364
  • New Listings: 128
  • Total Listings: 1,075

Rentals by Property Type

Apartment
$2,195
Median DOM: 26
Inventory: 791
MoM: +0.2%
Condo
$2,475
Median DOM: 20
Inventory: 165
MoM: +0.2%
Single Family
$2,395
Median DOM: 10
Inventory: 104
MoM: +0.2%
Townhouse
$3,900
Median DOM: 14
Inventory: 4
MoM: +0.2%
Apartment
Avg/Median Rent$2,315 / $2,195Range$1,000 – $7,990Rent per Sq Ft$3 / $3Sq Ft866 / 750DOM58 / 26New78Total791
Condo
Avg/Median Rent$2,625 / $2,475Range$1,100 – $6,500Rent per Sq Ft$3 / $3Sq Ft959 / 900DOM40 / 20New24Total165
Multi-Family
Avg/Median Rent$2,020 / $1,675Range$1,350 – $3,750Rent per Sq Ft$3 / $4Sq Ft741 / 405DOM9 / 9New4Total11
Single Family
Avg/Median Rent$2,532 / $2,395Range$1,250 – $6,995Rent per Sq Ft$3 / $3Sq Ft1,025 / 922DOM22 / 10New21Total104
Townhouse
Avg/Median Rent$3,761 / $3,900Range$3,250 – $3,995Rent per Sq Ft$3 / $3Sq Ft1,400 / 1,500DOM18 / 14New1Total4

Rentals by Bedroom Count

Studio
Avg:$1,526Median:$1,400Range:$1,250 – $2,700PSF:$4 / $4Sq Ft:528 / 391DOM:62 / 31New:12Total:209
1 Beds
Avg:$2,128Median:$2,095Range:$1,000 – $3,701PSF:$3 / $3Sq Ft:686 / 660DOM:49 / 23New:42Total:346
2 Beds
Avg:$2,671Median:$2,600Range:$1,100 – $7,990PSF:$3 / $3Sq Ft:1,010 / 950DOM:48 / 17New:44Total:339
3 Beds
Avg:$3,277Median:$3,195Range:$1,750 – $6,995PSF:$2 / $2Sq Ft:1,489 / 1,300DOM:32 / 14New:27Total:165
4 Beds
Avg:$3,860Median:$3,500Range:$2,750 – $6,250PSF:$2 / $2Sq Ft:1,912 / 1,800DOM:102 / 23New:2Total:14
5 Beds
Avg:$4,745Median:$4,500Range:$4,500 – $4,990PSF:$2 / $2Sq Ft:2,000 / 1,800DOM:12 / 8New:1Total:2

6-Month Sales Trend

Jan 2026
Median Price:$639,000Median DOM:39New:63Total:211
Feb 2026
Median Price:$710,000Median DOM:13New:57Total:177
Mar 2026
Median Price:$699,900Median DOM:8New:88Total:212
Apr 2026
Median Price:$699,999Median DOM:8New:111Total:251
May 2026
Median Price:$699,900Median DOM:9New:108Total:273
Jun 2026
Median Price:$725,000Median DOM:8New:54Total:290

6-Month Rental Trend

Jan 2026
Median Rent:$2,100Median DOM:36New:137Total:661
Feb 2026
Median Rent:$2,100Median DOM:25New:214Total:787
Mar 2026
Median Rent:$2,190Median DOM:21New:256Total:908
Apr 2026
Median Rent:$2,195Median DOM:18New:227Total:1,002
May 2026
Median Rent:$2,195Median DOM:19New:228Total:990
Jun 2026
Median Rent:$2,200Median DOM:20New:128Total:1,075

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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