The story of this market
The typical home in ZIP 60605 sells for about $387,000, or $325 per square foot.
Prices are down 6.1% from a year ago, which gives buyers more room to negotiate. Homes take about 54 days to sell. HUD's fair market rent for a two-bedroom is $2,464 a month.
ZIP 60605 — Chicago
The 60605 housing market is currently experiencing a competitive environment with a median sale price of $387,000, reflecting a 6.1% year-over-year decline. Market activity remains steady with homes selling in approximately 54 days. Several metrics, including specific tax rates, school ratings, and utility providers, were not determinable at the ZIP level.
This ZIP code is well-suited for urban professionals and commuters who value proximity to Chicago's central business district and high-density residential living.
Median prices moved down 6.1% year over year.
Homes spend a median of 54 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 9.8% — a stable, low-distress profile.
Built from 473 recorded sales in the last 24 months against HUD 3-bedroom fair market rents. The location premium is the part of the price that rent, income, education, employment, vacancy, price trend, hazard, lending and flood risk don't explain. It usually reflects amenities, schools and scarcity. It's area context and does not change this ZIP's home value estimates.
ZCTA 60605, Cook County IL
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Illinois) — Property Tax Assessment (Fair Cash Value): Property is assessed at 33 1/3% of its fair cash value. The tax bill is calculated by multiplying the equalized assessed value (EAV) by the aggregate tax rate of the local taxing districts.
The mean commute time for residents is approximately 25.7 minutes.
The area includes access to major urban amenities and parks within the Chicago Loop and South Loop vicinity.
The rental market shows steady demand with a median rent of approximately $2,720 per month.
The area is anchored by the Chicago central business district with a mix of office, retail, and high-density residential sectors.
Data retrieved from Census Reporter ZCTA 60605 profile.
- Navy Pier4.61.8 mi
- Museum of Illusions Chicago4.60.9 mi
- Dave & Buster's Rosemont4.314.6 mi
- Sloomoo Institute - Chicago4.52 mi
- Color Factory Chicago4.70.9 mi
- Navy Pier4.61.8 mi
- Wrigley Field4.85.6 mi
- United Center4.72.7 mi
- Soldier Field4.50.7 mi
- McCormick Place4.51.3 mi
- Navy Pier4.61.8 mi
- Wrigley Field4.85.6 mi
- Millennium Park4.80.8 mi
- Shedd Aquarium4.50.5 mi
- Willis Tower4.50.9 mi
- Navy Pier4.61.8 mi
- Shedd Aquarium4.50.5 mi
- The Art Institute of Chicago4.80.6 mi
- Field Museum4.70.4 mi
- Griffin Museum of Science and Industry4.75.9 mi
- Millennium Park4.80.8 mi
- Garfield Park Conservatory4.84.9 mi
- Maggie Daley Park4.70.9 mi
- Grant Park4.70.3 mi
- Lincoln Park Conservatory4.83.7 mi
- First Lady4.81.3 mi
- Montrose Harbor4.76.4 mi
- DuSable Harbor4.61.2 mi
- Belmont Harbor4.75.1 mi
- Rockwell on the River4.75.8 mi
- Harborside International Golf Center4.112.3 mi
- Puttery4.71.7 mi
- Douglass (Anna & Frederick) Park4.43.9 mi
- Sydney R. Marovitz Golf Course3.85.7 mi
- Indian Boundary Golf Course4.112.3 mi
- Water Tower Place4.51.9 mi
- Christkindlmarket Chicago4.21 mi
- Eataly4.31.5 mi
- Nordstrom4.41.5 mi
- Harlem Irving Plaza4.411.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A major urban park serving the downtown Chicago area.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).