Chicago, IL 60636 Real Estate Market Report

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

Key Findings

1. The primary indicator of recent market value is the 124,000 median sold price, which represents the price level of completed transactions and should be prioritized over asking prices when valuing SFR and condo opportunities in 60636. neutral
2. There is a notable spread between the 212,450 median listing price and the 124,000 median sold price, which suggests seller price expectations are materially higher than recent transaction levels and may create pricing friction during negotiations.
3. Market velocity is slow: the 284 median days on market points to extended listing lifecycles and slower transaction velocity, while sample data indicate relatively constrained active supply; together this combination appears to moderate liquidity and may require patience on both pricing and marketing timelines.
4. Local value and rental context: the 130 median price per square foot and 1,450 median market rent, combined with broader signals of prices and rents trending up and moderate interest rate pressure, suggest selective upside for acquisitions priced at or below recent sold benchmarks—but careful underwriting is required given the listing-to-sale gap.

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.