Real Estate Market Update for 60613 (Chicago, IL)

Video: Real Estate Community Tour for 60613 (Chicago, IL)

See Real estate community tour for 60613 (Chicago, IL)
Welcome to April's Market Update. Let’s take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 16% from one year earlier, and up 5% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just over 320-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 7%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 300-thousand dollars. The number of units sold decreased 2% year-over-year, and increased 54% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 60613 (Chicago, IL)
Area Information for 60613 (Chicago, IL)
  • Population: 50,718
  • Median Age: 34.08 yr
  • Median Commute Time: 33 mins
  • Educational Climate*: 4
  • Sales Tax: 9%
  • Population Density: 23,312/sq mi
  • Population Change Since 2000: 15.01%
  • Closest Airport: Chicago Midway International
  • Closest College: Saint Augustine College
  • Closest Jr. College: Harry S Truman Clg-city Clgs Of Chicago
  • Median Household Income: $70,197
  • Annual Residential Turnover: 24%
  • Median Home Sales Price: $272,750
  • Closest Major Sports Team: Chicago Cubs
  • Change Avg. Household Income Since 2000: 50.43%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 60613 (Chicago, IL)
Median Age: 34.08 Married: 26% Number of Households: 28,846 Households with Children: 3,294
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 60613 (Chicago, IL)

      School Name Distance Type Grades School Rating Parent Rating
      Blaine Elementary School 0.3 mi Public PRESCHOOL-8 5 0
      St Mary Of The Lake School 0.4 mi Private PRESCHOOL-8 0 0
      Lake View High School 0.4 mi Public 9-12 2 3
      Greeley Elementary School 0.5 mi Public PRESCHOOL-8 3 0
      Inter-american Elementary Magnet School 0.6 mi Public PRESCHOOL-8 4 0
      German School Chicago 0.6 mi Private PRESCHOOL-6 0 0
      Apple Tree Learning Center 0.6 mi Private PRESCHOOL-K 0 0
      Bernard Zell Anshe Emet Day School 0.6 mi Private PRESCHOOL-8 0 0
      Brennemann Elementary School 0.7 mi Public PRESCHOOL-8 4 0
      Chicago Montessori 0.7 mi Private PRESCHOOL-K 0 0
      Ravenswood Elementary School 0.7 mi Public PRESCHOOL-8 4 0
      Park View Montessori School Chicago 0.7 mi Private PRESCHOOL-K 0 0
      St Andrew School 0.8 mi Catholic PRESCHOOL-8 0 0
      Walt Disney Magnet School 0.8 mi Public PRESCHOOL-8 4 0
      Lycee Francais De Chicago 0.8 mi Private PRESCHOOL-12 0 0
      Lake View Academy 0.8 mi Private 10-12 0 0
      Pilgrim Lutheran School 1.0 mi Private PRESCHOOL-8 0 0
      Morningside Montessori Academy 8.7 mi Private PRESCHOOL-K 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2015. School Performance data by School Review data by
      Local Weather for 60613 (Chicago, IL)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.