The story of this market
The typical home in ZIP 60653 sells for about $342,000, or $212 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 70 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,510 a month.
ZIP 60653 — Chicago
The 60653 housing market is characterized as somewhat competitive with a median sale price of $342,000. Market data for population, income, and tax rates are not determinable from the provided sources. The area features a high density of affordable rental housing.
The area is suitable for those seeking affordable housing options within Chicago, given the high density of managed rental communities.
Median prices moved up 2.1% year over year.
Homes spend a median of 70 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
Built from 307 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.
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 area contains a significant concentration of affordable rental housing developments managed by various organizations including The Habitat Co. and The Community Builders.
- Navy Pier4.64.9 mi
- Museum of Illusions Chicago4.64.5 mi
- Dave & Buster's Rosemont4.317.4 mi
- Sloomoo Institute - Chicago4.55.6 mi
- Color Factory Chicago4.74.4 mi
- Navy Pier4.64.9 mi
- Wrigley Field4.89.2 mi
- United Center4.75.5 mi
- Soldier Field4.53 mi
- McCormick Place4.52.3 mi
- Navy Pier4.64.9 mi
- Wrigley Field4.89.2 mi
- Millennium Park4.84.4 mi
- Shedd Aquarium4.53.3 mi
- Willis Tower4.54.4 mi
- Navy Pier4.64.9 mi
- Shedd Aquarium4.53.3 mi
- The Art Institute of Chicago4.84.2 mi
- Field Museum4.73.2 mi
- Griffin Museum of Science and Industry4.72.3 mi
- Millennium Park4.84.4 mi
- Garfield Park Conservatory4.87.4 mi
- Maggie Daley Park4.74.4 mi
- Grant Park4.73.8 mi
- Lincoln Park Conservatory4.87.3 mi
- First Lady4.84.8 mi
- DuSable Harbor4.64.5 mi
- Chicago Yacht Club4.74.3 mi
- Columbia Yacht Club4.84.4 mi
- Burnham Harbor4.72.8 mi
- Harborside International Golf Center4.18.7 mi
- Puttery4.75.1 mi
- Douglass (Anna & Frederick) Park4.45.7 mi
- Sydney R. Marovitz Golf Course3.89.3 mi
- Jackson Park Golf Course4.23.1 mi
- Water Tower Place4.55.5 mi
- Christkindlmarket Chicago4.24.6 mi
- Eataly4.35.1 mi
- Nordstrom4.45 mi
- Primark3.94.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.