Market Snapshot
- Median listing price
- $232K
- Median rent
- $1,350/mo
- Days on market
- 234 days
- Gross rental yield
- 6.97%
- STR vs LTR
- $1,632/mo STR · $1,350/mo LTR
The median listing price in Chicago, IL ZIP 60619 is $232,450 as of June 2026.
The median market rent in Chicago, IL ZIP 60619 is $1,350/month as of June 2026.
The median days on market in Chicago, IL ZIP 60619 is 234 days as of June 2026. The market is currently neutral.
At a median list price of $232,450 and a median rent of $1,350/month, the gross rental yield in Chicago, IL ZIP 60619 is 6.97% as of June 2026.
In Chicago, IL ZIP 60619, median Airbnb revenue is $1,632/month compared to median long-term rent of $1,350/month as of June 2026.
Chicago, IL 60619 Real Estate Market Report
ZIP Code: 60619
Report Date: June 2026
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Property Taxes
Liquidity & Velocity
Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates in Chicago, IL, are averaging 6.6%, reflecting a stable market environment for property owners compared to the 6.9% average observed earlier in 2026.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- The primary market indicator is the $185,000 median sold price, which represents the representative recent sale level for SFR and condo transactions in the ZIP and should be treated as the key benchmark for valuation; this level, combined with a neutral market temperature, suggests transaction pricing is currently stable around realized sale values.
- The $232,450 median listing price sits above the median sold price, which may indicate pricing friction where seller expectations outpace recent transaction levels; this spread appears consistent with a market that is softening on asking-price realization rather than rapidly appreciating.
- The 234 median days on market signals slower sales velocity and extended marketing timelines for listed properties, which may indicate buyers are taking longer to reach purchase decisions and suggests liquidity is moderate rather than brisk; this aligns with the neutral market temperature signal.
- Rental fundamentals are strong: the $1,350 median market rent and a up rent year-over-year trend point to robust rental demand, while elevated interest rate pressure (current 30-year fixed averaging 6.6%) and an overall elevated interest rate pressure environment may keep some owner-occupier demand cautious in the near term.
Notable Properties
The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.53% rate, 0.9% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
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