ZIP 60657 Housing Market Report

Chicago Metro

Report period: August 2026

60657 Monthly Market Update – August 2026

ZIP 60657 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$605,000
−6.8%
Median DOM (Sales)
5
−16.7%
New Listings (Sales)
63
−48.4%
Median Rent
$2,205
−1.7%
Median DOM (Rental)
31
0.0%
Total Rental Listings
2,181
−7.3%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents softened. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Multi-Family (1 DOM)
  • Fastest renting: Multi-Family (11 DOM)
  • Strongest bedroom: 7 Beds ($3,975,000 median)

Sales Market Overview

Median Price
$605,000
−6.8%
Median DOM
5
−16.7%
New Listings
63
−48.4%
Inventory
256
−6.9%
  • Average Price: $822,557
  • Median Price: $605,000
  • Price Range: $25,000 – $7,995,000
  • Price per Sq Ft (Avg/Median): $421 / $400
  • Square Footage (Avg/Median): 1,926 / 1,500
  • Square Footage Range: 400 – 10,000
  • Days on Market (Avg/Median): 16 / 5
  • Days on Market Range: 1 – 162
  • New Listings: 63
  • Total Listings: 256

Sales by Property Type

Condo
Avg/Median Price$631,147 / $549,987Range$150,000 – $4,795,000Price per Sq Ft$407 / $389Sq Ft1,527 / 1,375DOM15 / 5New58Total216
Land
Avg/Median Price$362,500 / $25,000Range$25,000 – $700,000Price per Sq FtSq FtDOM110 / 110New0Total2
Multi-Family
Avg/Median Price$1,312,857 / $1,395,000Range$550,000 – $1,750,000Price per Sq FtSq FtDOM5 / 1New2Total7
Single Family
Avg/Median Price$2,436,792 / $1,825,000Range$549,000 – $7,995,000Price per Sq Ft$513 / $450Sq Ft4,534 / 4,190DOM28 / 7New3Total24
Townhouse
Avg/Median Price$835,543 / $775,000Range$675,000 – $1,199,900Price per Sq Ft$430 / $408Sq Ft1,971 / 1,960DOM3 / 1New0Total7

Sales by Bedroom Count

Studio
Avg:$179,200Median:$175,000Range:$150,000 – $225,000PSF:$382 / $353Sq Ft:478 / 450DOM:23 / 6New:2Total:7
1 Beds
Avg:$284,698Median:$265,000Range:$155,000 – $525,000PSF:$351 / $340Sq Ft:841 / 834DOM:12 / 6New:15Total:43
2 Beds
Avg:$533,729Median:$524,900Range:$274,900 – $1,499,999PSF:$380 / $376Sq Ft:1,377 / 1,350DOM:10 / 3New:27Total:99
3 Beds
Avg:$979,525Median:$855,000Range:$395,000 – $2,499,999PSF:$483 / $436Sq Ft:2,097 / 2,000DOM:20 / 4New:12Total:67
4 Beds
Avg:$1,187,726Median:$1,000,000Range:$550,000 – $1,825,000PSF:$375 / $394Sq Ft:3,233 / 3,250DOM:19 / 1New:4Total:19
5 Beds
Avg:$2,634,143Median:$1,425,000Range:$969,000 – $6,500,000PSF:$647 / $650Sq Ft:6,132 / 4,647DOM:26 / 8New:2Total:7
6 Beds
Avg:$3,080,000Median:$2,395,000Range:$1,750,000 – $7,995,000PSF:$584 / $483Sq Ft:5,536 / 4,600DOM:36 / 7New:1Total:8
7 Beds
Avg:$3,540,000Median:$3,975,000Range:$1,395,000 – $5,250,000PSF:$767 / $739Sq Ft:6,050 / 5,000DOM:53 / 69New:0Total:3
8 Beds
Avg:$1,620,000Median:$1,620,000Range:$1,620,000 – $1,620,000PSF:Sq Ft:DOM:1 / 1New:0Total:1

Rental Market Overview

Median Rent
$2,205
−1.7%
Median DOM
31
0.0%
New Listings
102
Inventory
2,181
−7.3%
  • Average Rent: $2,534
  • Median Rent: $2,205
  • Rent Range: $1,000 – $10,000
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 972 / 700
  • Square Footage Range: 250 – 10,000
  • Days on Market (Avg/Median): 61 / 31
  • Days on Market Range: 1 – 365
  • New Listings: 102
  • Total Listings: 2,181

Rentals by Property Type

Apartment
$2,150
Median DOM: 40
Inventory: 1,817
MoM: −1.7%
Condo
$2,450
Median DOM: 30
Inventory: 261
MoM: −1.7%
Single Family
$2,650
Median DOM: 11
Inventory: 86
MoM: −1.7%
Townhouse
$4,300
Median DOM: 15
Inventory: 4
MoM: −1.7%
Apartment
Avg/Median Rent$2,444 / $2,150Range$1,000 – $7,909Rent per Sq Ft$4 / $3Sq Ft862 / 700DOM69 / 40New74Total1,817
Condo
Avg/Median Rent$2,924 / $2,450Range$1,200 – $10,000Rent per Sq Ft$3 / $3Sq Ft1,731 / 820DOM37 / 30New20Total261
Multi-Family
Avg/Median Rent$4,123 / $4,000Range$2,300 – $6,095Rent per Sq Ft$3 / $3Sq Ft1,586 / 1,500DOM22 / 11New1Total13
Single Family
Avg/Median Rent$2,904 / $2,650Range$1,350 – $7,840Rent per Sq Ft$3 / $3Sq Ft1,006 / 900DOM22 / 11New7Total86
Townhouse
Avg/Median Rent$4,725 / $4,300Range$4,000 – $6,200Rent per Sq Ft$2 / $2Sq Ft2,000 / 1,500DOM16 / 15New0Total4

Rentals by Bedroom Count

Studio
Avg:$1,660Median:$1,645Range:$1,000 – $3,515PSF:$4 / $4Sq Ft:717 / 400DOM:67 / 33New:29Total:660
1 Beds
Avg:$2,233Median:$2,195Range:$1,450 – $4,519PSF:$3 / $3Sq Ft:909 / 700DOM:65 / 33New:31Total:805
2 Beds
Avg:$3,270Median:$3,200Range:$1,750 – $6,778PSF:$3 / $3Sq Ft:1,049 / 950DOM:55 / 29New:25Total:474
3 Beds
Avg:$4,138Median:$3,900Range:$1,825 – $10,000PSF:$3 / $3Sq Ft:1,690 / 1,370DOM:43 / 24New:15Total:185
4 Beds
Avg:$5,441Median:$5,200Range:$3,500 – $7,840PSF:$3 / $3Sq Ft:1,977 / 1,800DOM:55 / 23New:2Total:49
5 Beds
Avg:$6,478Median:$5,850Range:$5,100 – $9,997PSF:$3 / $3Sq Ft:2,220 / 2,000DOM:91 / 111New:0Total:5
6 Beds
Avg:$6,128Median:$6,095Range:$5,795 – $6,495PSF:$3 / $3Sq Ft:2,092 / 2,000DOM:New:0Total:3

6-Month Sales Trend

Mar 2026
Median Price:$582,000Median DOM:8New:139Total:257
Apr 2026
Median Price:$615,000Median DOM:8New:112Total:300
May 2026
Median Price:$650,000Median DOM:8New:122Total:309
Jun 2026
Median Price:$659,000Median DOM:7New:125Total:299
Jul 2026
Median Price:$649,000Median DOM:6New:122Total:275
Aug 2026
Median Price:$605,000Median DOM:5New:63Total:256

6-Month Rental Trend

Mar 2026
Median Rent:$2,195Median DOM:28New:429Total:1,844
Apr 2026
Median Rent:$2,200Median DOM:22New:467Total:2,125
May 2026
Median Rent:$2,200Median DOM:21New:533Total:2,304
Jun 2026
Median Rent:$2,250Median DOM:29New:508Total:2,396
Jul 2026
Median Rent:$2,242Median DOM:31New:408Total:2,352
Aug 2026
Median Rent:$2,205Median DOM:31New:102Total:2,181

Key Market Takeaways

Median sale prices softened this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing eased, 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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