ZIP 60647 Housing Market Report
Chicago Metro
Report period: May 2026
60647 Monthly Market Update – May 2026
ZIP 60647 · Last updated May 13, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$699,900
−0.0%
Median DOM (Sales)
8
0.0%
New Listings (Sales)
29
−73.9%
Median Rent
$2,200
+0.2%
Median DOM (Rental)
19
+5.6%
Total Rental Listings
1,014
+1.2%
Month-over-Month Movement
Median sale prices eased compared to last month. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Condo (7 DOM)
- Fastest renting: Multi-Family (8 DOM)
- Strongest bedroom: 4 Beds ($1,000,000 median)
Sales Market Overview
Median Price
$699,900
−0.0%
Median DOM
8
0.0%
New Listings
29
−73.9%
Inventory
251
0.0%
- Average Price: $874,149
- Median Price: $699,900
- Price Range: $9,500 – $7,999,999
- Price per Sq Ft (Avg/Median): $400 / $386
- Square Footage (Avg/Median): 2,131 / 1,800
- Square Footage Range: 650 – 6,750
- Days on Market (Avg/Median): 24 / 8
- Days on Market Range: 1 – 350
- New Listings: 29
- Total Listings: 251
Sales by Property Type
Condo
Avg/Median Price$608,876 / $560,000Range$200,000 – $1,375,000Price per Sq Ft$380 / $378Sq Ft1,588 / 1,500DOM13 / 7New11Total111
Land
Avg/Median Price$1,190,636 / $399,000Range$9,500 – $7,999,999Price per Sq Ft—Sq Ft—DOM78 / 44New0Total18
Multi-Family
Avg/Median Price$810,328 / $799,999Range$350,000 – $1,590,000Price per Sq Ft$347 / $386Sq Ft2,527 / 1,904DOM41 / 16New7Total51
Single Family
Avg/Median Price$1,338,489 / $1,075,000Range$285,000 – $4,850,000Price per Sq Ft$440 / $408Sq Ft2,929 / 2,584DOM23 / 9New11Total60
Townhouse
Avg/Median Price$796,245 / $825,000Range$540,000 – $1,000,000Price per Sq Ft$362 / $333Sq Ft2,049 / 1,902DOM12 / 9New0Total11
Sales by Bedroom Count
1 Beds
Avg:$312,200Median:$270,000Range:$200,000 – $480,000PSF:$346 / $376Sq Ft:893 / 800DOM:45 / 7New:1Total:10
2 Beds
Avg:$506,890Median:$500,000Range:$289,000 – $949,900PSF:$385 / $379Sq Ft:1,369 / 1,250DOM:7 / 6New:3Total:50
3 Beds
Avg:$794,736Median:$727,990Range:$285,000 – $1,800,000PSF:$384 / $378Sq Ft:2,023 / 1,880DOM:18 / 8New:9Total:81
4 Beds
Avg:$1,155,400Median:$1,000,000Range:$430,000 – $2,300,000PSF:$411 / $421Sq Ft:3,367 / 3,320DOM:15 / 8New:5Total:36
5 Beds
Avg:$937,764Median:$799,000Range:$450,000 – $2,399,000PSF:$530 / $355Sq Ft:3,073 / 2,875DOM:28 / 10New:4Total:22
6 Beds
Avg:$1,143,929Median:$900,000Range:$595,000 – $3,499,999PSF:$450 / $418Sq Ft:4,073 / 3,800DOM:34 / 14New:5Total:17
7 Beds
Avg:$1,499,838Median:$995,000Range:$350,000 – $4,850,000PSF:$681 / $681Sq Ft:6,750 / 6,750DOM:62 / 29New:2Total:13
8 Beds
Avg:$992,500Median:$1,000,000Range:$675,000 – $1,220,000PSF:—Sq Ft:—DOM:33 / 25New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $312,200 | $270,000 | $200,000 – $480,000 | $346 / $376 | 893 / 800 | 45 / 7 | 1 | 10 |
| 2 Beds | $506,890 | $500,000 | $289,000 – $949,900 | $385 / $379 | 1,369 / 1,250 | 7 / 6 | 3 | 50 |
| 3 Beds | $794,736 | $727,990 | $285,000 – $1,800,000 | $384 / $378 | 2,023 / 1,880 | 18 / 8 | 9 | 81 |
| 4 Beds | $1,155,400 | $1,000,000 | $430,000 – $2,300,000 | $411 / $421 | 3,367 / 3,320 | 15 / 8 | 5 | 36 |
| 5 Beds | $937,764 | $799,000 | $450,000 – $2,399,000 | $530 / $355 | 3,073 / 2,875 | 28 / 10 | 4 | 22 |
| 6 Beds | $1,143,929 | $900,000 | $595,000 – $3,499,999 | $450 / $418 | 4,073 / 3,800 | 34 / 14 | 5 | 17 |
| 7 Beds | $1,499,838 | $995,000 | $350,000 – $4,850,000 | $681 / $681 | 6,750 / 6,750 | 62 / 29 | 2 | 13 |
| 8 Beds | $992,500 | $1,000,000 | $675,000 – $1,220,000 | — | — | 33 / 25 | 0 | 4 |
Rental Market Overview
Median Rent
$2,200
+0.2%
Median DOM
19
+5.6%
New Listings
115
Inventory
1,014
+1.2%
- Average Rent: $2,346
- Median Rent: $2,200
- Rent Range: $1,000 – $9,500
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 903 / 809
- Square Footage Range: 293 – 10,000
- Days on Market (Avg/Median): 47 / 19
- Days on Market Range: 1 – 364
- New Listings: 115
- Total Listings: 1,014
Rentals by Property Type
Apartment
$2,125
Median DOM: 27
Inventory: 749
MoM: +0.2%
Condo
$2,500
Median DOM: 13
Inventory: 143
MoM: +0.2%
Single Family
$2,350
Median DOM: 10
Inventory: 106
MoM: +0.2%
Townhouse
$3,695
Median DOM: 22
Inventory: 5
MoM: +0.2%
Apartment
Avg/Median Rent$2,249 / $2,125Range$1,000 – $8,661Rent per Sq Ft$3 / $3Sq Ft856 / 766DOM55 / 27New52Total749
Condo
Avg/Median Rent$2,703 / $2,500Range$1,100 – $9,500Rent per Sq Ft$3 / $3Sq Ft1,041 / 950DOM36 / 13New40Total143
Multi-Family
Avg/Median Rent$2,042 / $1,995Range$1,295 – $3,500Rent per Sq Ft$3 / $2Sq Ft919 / 1,000DOM8 / 8New2Total11
Single Family
Avg/Median Rent$2,524 / $2,350Range$1,250 – $6,995Rent per Sq Ft$3 / $3Sq Ft1,037 / 1,000DOM25 / 10New20Total106
Townhouse
Avg/Median Rent$3,528 / $3,695Range$2,800 – $3,995Rent per Sq Ft$3 / $3Sq Ft1,325 / 1,200DOM67 / 22New1Total5
Rentals by Bedroom Count
Studio
Avg:$1,476Median:$1,395Range:$1,000 – $2,600PSF:$4 / $4Sq Ft:514 / 383DOM:54 / 24New:12Total:213
1 Beds
Avg:$2,132Median:$2,050Range:$1,000 – $4,842PSF:$3 / $3Sq Ft:689 / 670DOM:50 / 23New:28Total:273
2 Beds
Avg:$2,599Median:$2,600Range:$1,000 – $8,661PSF:$3 / $3Sq Ft:999 / 950DOM:46 / 16New:43Total:341
3 Beds
Avg:$3,102Median:$2,900Range:$1,500 – $9,500PSF:$2 / $2Sq Ft:1,444 / 1,300DOM:30 / 11New:32Total:168
4 Beds
Avg:$3,916Median:$3,800Range:$2,750 – $6,250PSF:$2 / $2Sq Ft:1,685 / 1,700DOM:101 / 21New:0Total:18
5 Beds
Avg:$4,500Median:$4,500Range:$4,500 – $4,500PSF:$3 / $3Sq Ft:1,800 / 1,800DOM:15 / 15New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,476 | $1,395 | $1,000 – $2,600 | $4 / $4 | 514 / 383 | 54 / 24 | 12 | 213 |
| 1 Beds | $2,132 | $2,050 | $1,000 – $4,842 | $3 / $3 | 689 / 670 | 50 / 23 | 28 | 273 |
| 2 Beds | $2,599 | $2,600 | $1,000 – $8,661 | $3 / $3 | 999 / 950 | 46 / 16 | 43 | 341 |
| 3 Beds | $3,102 | $2,900 | $1,500 – $9,500 | $2 / $2 | 1,444 / 1,300 | 30 / 11 | 32 | 168 |
| 4 Beds | $3,916 | $3,800 | $2,750 – $6,250 | $2 / $2 | 1,685 / 1,700 | 101 / 21 | 0 | 18 |
| 5 Beds | $4,500 | $4,500 | $4,500 – $4,500 | $3 / $3 | 1,800 / 1,800 | 15 / 15 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$624,999Median DOM:52New:25Total:228
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:8New:29Total:251
6-Month Rental Trend
Dec 2025
Median Rent:$2,095Median DOM:42New:117Total:616
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:$2,200Median DOM:19New:115Total:1,014
Key Market Takeaways
Median sale prices softened this month while inventory remained stable. 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.
600046000560007600086001060016600186002560026600296004360053600566006060062600676006860070600746007660077600896009060091601016010360104601066010760108+168 more
← Back to Chicago Metro