ZIP 60653 Housing Market Report

Chicago Metro

Report period: May 2026

60653 Monthly Market Update – May 2026

ZIP 60653 · Last updated May 13, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$365,000
+4.3%
Median DOM (Sales)
42
+16.7%
New Listings (Sales)
9
−67.9%
Median Rent
$2,500
+2.0%
Median DOM (Rental)
53
0.0%
Total Rental Listings
162
−5.8%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Single Family (21 DOM)
  • Fastest renting: Condo (36 DOM)
  • Strongest bedroom: 8 Beds ($849,000 median)

Sales Market Overview

Median Price
$365,000
+4.3%
Median DOM
42
+16.7%
New Listings
9
−67.9%
Inventory
113
−0.9%
  • Average Price: $423,445
  • Median Price: $365,000
  • Price Range: $18,000 – $1,485,000
  • Price per Sq Ft (Avg/Median): $205 / $199
  • Square Footage (Avg/Median): 2,073 / 1,700
  • Square Footage Range: 645 – 11,108
  • Days on Market (Avg/Median): 54 / 42
  • Days on Market Range: 2 – 272
  • New Listings: 9
  • Total Listings: 113

Sales by Property Type

Condo
Avg/Median Price$309,546 / $315,000Range$115,000 – $649,900Price per Sq Ft$192 / $194Sq Ft1,578 / 1,600DOM46 / 37New5Total57
Land
Avg/Median Price$257,128 / $124,900Range$18,000 – $685,000Price per Sq FtSq FtDOM109 / 71New1Total18
Multi-Family
Avg/Median Price$785,690 / $789,000Range$525,000 – $945,000Price per Sq Ft$172 / $172Sq Ft4,600 / 4,600DOM42 / 42New0Total10
Single Family
Avg/Median Price$670,686 / $599,900Range$249,900 – $1,485,000Price per Sq Ft$236 / $250Sq Ft3,024 / 2,900DOM49 / 21New3Total22
Townhouse
Avg/Median Price$494,150 / $485,000Range$250,000 – $695,000Price per Sq Ft$202 / $180Sq Ft2,420 / 2,300DOM38 / 36New0Total6

Sales by Bedroom Count

1 Beds
Avg:$155,657Median:$134,900Range:$124,900 – $212,000PSF:$189 / $172Sq Ft:849 / 900DOM:58 / 44New:0Total:7
2 Beds
Avg:$342,083Median:$249,900Range:$154,900 – $945,000PSF:$193 / $180Sq Ft:1,439 / 1,500DOM:27 / 16New:1Total:18
3 Beds
Avg:$390,778Median:$365,000Range:$115,000 – $945,000PSF:$205 / $203Sq Ft:1,846 / 1,753DOM:48 / 31New:5Total:41
4 Beds
Avg:$601,644Median:$499,900Range:$299,900 – $1,485,000PSF:$226 / $236Sq Ft:2,717 / 2,800DOM:49 / 36New:2Total:16
5 Beds
Avg:$859,760Median:$799,000Range:$525,000 – $1,249,900PSF:$254 / $250Sq Ft:3,688 / 3,200DOM:56 / 58New:0Total:5
6 Beds
Avg:$615,000Median:$330,000Range:$330,000 – $899,999PSF:$150 / $150Sq Ft:2,204 / 2,204DOM:74 / 69New:0Total:2
7 Beds
Avg:$652,967Median:$649,000Range:$630,000 – $679,900PSF:Sq Ft:DOM:35 / 42New:0Total:3
8 Beds
Avg:$946,000Median:$849,000Range:$789,000 – $1,200,000PSF:$140 / $108Sq Ft:7,854 / 4,600DOM:65 / 63New:0Total:3

Rental Market Overview

Median Rent
$2,500
+2.0%
Median DOM
53
0.0%
New Listings
11
Inventory
162
−5.8%
  • Average Rent: $2,509
  • Median Rent: $2,500
  • Rent Range: $900 – $5,600
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,305 / 1,260
  • Square Footage Range: 298 – 3,600
  • Days on Market (Avg/Median): 79 / 53
  • Days on Market Range: 2 – 351
  • New Listings: 11
  • Total Listings: 162

Rentals by Property Type

Apartment
$2,150
Median DOM: 44
Inventory: 97
MoM: +2.0%
Condo
$2,800
Median DOM: 36
Inventory: 32
MoM: +2.0%
Single Family
$2,750
Median DOM: 43
Inventory: 19
MoM: +2.0%
Townhouse
$4,175
Median DOM: 208
Inventory: 1
MoM: +2.0%
Apartment
Avg/Median Rent$2,296 / $2,150Range$900 – $5,435Rent per Sq Ft$2 / $2Sq Ft1,065 / 1,100DOM83 / 44New8Total97
Condo
Avg/Median Rent$2,666 / $2,800Range$1,550 – $4,000Rent per Sq Ft$2 / $2Sq Ft1,732 / 1,600DOM62 / 36New1Total32
Multi-Family
Avg/Median Rent$3,085 / $3,000Range$2,700 – $4,000Rent per Sq Ft$3 / $3Sq Ft1,034 / 1,000DOM110 / 116New0Total13
Single Family
Avg/Median Rent$2,846 / $2,750Range$995 – $5,600Rent per Sq Ft$2 / $2Sq Ft1,625 / 1,595DOM65 / 43New2Total19
Townhouse
Avg/Median Rent$4,175 / $4,175Range$4,175 – $4,175Rent per Sq Ft$1 / $1Sq Ft2,900 / 2,900DOM208 / 208New0Total1

Rentals by Bedroom Count

Studio
Avg:$1,075Median:$1,000Range:$900 – $1,395PSF:$3 / $3Sq Ft:405 / 411DOM:40 / 7New:2Total:12
1 Beds
Avg:$1,601Median:$1,530Range:$1,214 – $1,950PSF:$2 / $2Sq Ft:657 / 575DOM:136 / 43New:0Total:11
2 Beds
Avg:$2,541Median:$2,700Range:$1,495 – $5,435PSF:$2 / $3Sq Ft:1,042 / 1,000DOM:103 / 90New:2Total:50
3 Beds
Avg:$2,726Median:$2,785Range:$1,675 – $5,228PSF:$2 / $2Sq Ft:1,579 / 1,540DOM:65 / 35New:5Total:72
4 Beds
Avg:$3,116Median:$2,750Range:$1,900 – $5,600PSF:$2 / $2Sq Ft:1,935 / 1,700DOM:67 / 41New:2Total:15
5 Beds
Avg:$2,948Median:$2,400Range:$2,400 – $3,495PSF:$1 / $1Sq Ft:3,000 / 3,000DOM:52 / 29New:0Total:2

6-Month Sales Trend

Dec 2025
Median Price:$329,000Median DOM:71New:14Total:133
Jan 2026
Median Price:$335,000Median DOM:58New:31Total:123
Feb 2026
Median Price:$325,000Median DOM:48New:27Total:110
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:42New:9Total:113

6-Month Rental Trend

Dec 2025
Median Rent:$2,250Median DOM:54New:25Total:138
Jan 2026
Median Rent:$2,250Median DOM:33New:64Total:168
Feb 2026
Median Rent:$2,295Median DOM:46New:33Total:173
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:53New:11Total:162

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. 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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