ZIP 60653 Housing Market Report

Chicago Metro

Report period: August 2026

60653 Monthly Market Update – August 2026

ZIP 60653 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$344,900
+3.6%
Median DOM (Sales)
21
−38.2%
New Listings (Sales)
33
−5.7%
Median Rent
$2,365
−1.3%
Median DOM (Rental)
38
−15.6%
Total Rental Listings
135
+4.7%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents softened. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Condo (14 DOM)
  • Fastest renting: Single Family (20 DOM)
  • Strongest bedroom: 8 Beds ($775,000 median)

Sales Market Overview

Median Price
$344,900
+3.6%
Median DOM
21
−38.2%
New Listings
33
−5.7%
Inventory
111
+2.8%
  • Average Price: $403,830
  • Median Price: $344,900
  • Price Range: $18,000 – $1,485,000
  • Price per Sq Ft (Avg/Median): $208 / $200
  • Square Footage (Avg/Median): 2,255 / 1,800
  • Square Footage Range: 900 – 11,108
  • Days on Market (Avg/Median): 52 / 21
  • Days on Market Range: 1 – 335
  • New Listings: 33
  • Total Listings: 111

Sales by Property Type

Condo
Avg/Median Price$313,826 / $309,900Range$145,000 – $599,900Price per Sq Ft$194 / $194Sq Ft1,640 / 1,600DOM32 / 14New20Total50
Land
Avg/Median Price$199,583 / $114,900Range$18,000 – $650,000Price per Sq FtSq FtDOM108 / 49New2Total24
Multi-Family
Avg/Median Price$630,369 / $639,900Range$309,900 – $799,000Price per Sq Ft$209 / $168Sq Ft3,578 / 2,556DOM56 / 33New2Total10
Single Family
Avg/Median Price$712,166 / $675,000Range$330,000 – $1,485,000Price per Sq Ft$231 / $227Sq Ft3,398 / 3,100DOM50 / 21New8Total21
Townhouse
Avg/Median Price$514,100 / $439,900Range$250,000 – $775,000Price per Sq Ft$226 / $190Sq Ft2,222 / 2,126DOM31 / 21New1Total6

Sales by Bedroom Count

1 Beds
Avg:$176,633Median:$185,000Range:$145,000 – $199,900PSF:$196 / $206Sq Ft:903 / 900DOM:13 / 8New:2Total:3
2 Beds
Avg:$234,986Median:$230,000Range:$154,900 – $300,000PSF:$184 / $192Sq Ft:1,352 / 1,250DOM:55 / 40New:5Total:14
3 Beds
Avg:$392,207Median:$349,999Range:$229,500 – $719,000PSF:$209 / $194Sq Ft:1,909 / 1,800DOM:34 / 19New:14Total:41
4 Beds
Avg:$738,156Median:$649,800Range:$449,900 – $1,485,000PSF:$254 / $271Sq Ft:2,889 / 3,000DOM:43 / 21New:2Total:9
5 Beds
Avg:$717,633Median:$679,900Range:$635,000 – $935,000PSF:$227 / $227Sq Ft:3,427 / 3,200DOM:13 / 7New:5Total:9
6 Beds
Avg:$376,300Median:$330,000Range:$309,900 – $489,000PSF:$147 / $144Sq Ft:2,796 / 2,204DOM:91 / 68New:0Total:3
7 Beds
Avg:$633,725Median:$630,000Range:$605,000 – $650,000PSF:Sq Ft:DOM:30 / 1New:2Total:4
8 Beds
Avg:$842,248Median:$775,000Range:$594,990 – $1,200,000PSF:$138 / $108Sq Ft:7,854 / 4,600DOM:81 / 17New:1Total:4

Rental Market Overview

Median Rent
$2,365
−1.3%
Median DOM
38
−15.6%
New Listings
10
Inventory
135
+4.7%
  • Average Rent: $2,344
  • Median Rent: $2,365
  • Rent Range: $969 – $4,800
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,224 / 1,200
  • Square Footage Range: 275 – 3,500
  • Days on Market (Avg/Median): 78 / 38
  • Days on Market Range: 2 – 331
  • New Listings: 10
  • Total Listings: 135

Rentals by Property Type

Apartment
$2,000
Median DOM: 45
Inventory: 81
MoM: −1.3%
Condo
$2,495
Median DOM: 23
Inventory: 16
MoM: −1.3%
Single Family
$2,450
Median DOM: 20
Inventory: 22
MoM: −1.3%
Townhouse
$1,950
Median DOM: 48
Inventory: 2
MoM: −1.3%
Apartment
Avg/Median Rent$2,178 / $2,000Range$969 – $4,546Rent per Sq Ft$2 / $2Sq Ft1,136 / 1,200DOM74 / 45New6Total81
Condo
Avg/Median Rent$2,536 / $2,495Range$1,700 – $3,600Rent per Sq Ft$2 / $2Sq Ft1,641 / 1,350DOM26 / 23New0Total16
Multi-Family
Avg/Median Rent$2,882 / $2,900Range$2,500 – $3,500Rent per Sq Ft$3 / $3Sq Ft1,032 / 1,000DOM202 / 207New0Total14
Single Family
Avg/Median Rent$2,470 / $2,450Range$995 – $4,800Rent per Sq Ft$2 / $2Sq Ft1,330 / 1,200DOM43 / 20New4Total22
Townhouse
Avg/Median Rent$2,400 / $1,950Range$1,950 – $2,850Rent per Sq Ft$2 / $2Sq Ft1,250 / 1,200DOM48 / 48New0Total2

Rentals by Bedroom Count

Studio
Avg:$1,164Median:$1,100Range:$969 – $1,585PSF:$3 / $3Sq Ft:423 / 429DOM:61 / 64New:0Total:12
1 Beds
Avg:$1,469Median:$1,425Range:$1,100 – $1,950PSF:$2 / $2Sq Ft:679 / 700DOM:23 / 16New:1Total:13
2 Beds
Avg:$2,447Median:$2,535Range:$1,450 – $4,000PSF:$2 / $2Sq Ft:1,059 / 1,000DOM:126 / 156New:1Total:49
3 Beds
Avg:$2,639Median:$2,495Range:$1,600 – $4,546PSF:$2 / $2Sq Ft:1,528 / 1,400DOM:62 / 32New:7Total:49
4 Beds
Avg:$2,849Median:$2,400Range:$2,100 – $4,800PSF:$2 / $2Sq Ft:1,871 / 1,400DOM:28 / 8New:1Total:12

6-Month Sales Trend

Mar 2026
Median Price:$349,900Median DOM:34New:30Total:108
Apr 2026
Median Price:$349,900Median DOM:36New:28Total:114
May 2026
Median Price:$365,000Median DOM:39New:26Total:114
Jun 2026
Median Price:$349,900Median DOM:28New:46Total:111
Jul 2026
Median Price:$332,900Median DOM:34New:35Total:108
Aug 2026
Median Price:$344,900Median DOM:21New:33Total:111

6-Month Rental Trend

Mar 2026
Median Rent:$2,345Median DOM:51New:27Total:170
Apr 2026
Median Rent:$2,450Median DOM:53New:36Total:172
May 2026
Median Rent:$2,500Median DOM:54New:22Total:157
Jun 2026
Median Rent:$2,400Median DOM:45New:26Total:136
Jul 2026
Median Rent:$2,395Median DOM:45New:32Total:129
Aug 2026
Median Rent:$2,365Median DOM:38New:10Total:135

Key Market Takeaways

Median sale prices moved higher 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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