Real Estate Market Update for 60639 (Chicago, IL)

Video: Real Estate Community Tour for 60639 (Chicago, IL)

See Real estate community tour for 60639 (Chicago, IL)
Welcome to July's Market Update. Let’s take a look at residential real-estate activity in your area during the month of June. The number of active listings was down 41% from one year earlier, and down 13% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 250-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 56%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 220-thousand dollars. The number of units sold increased 60% year-over-year, and increased more than 125% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. 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 60639 (Chicago, IL)
Area Information for 60639 (Chicago, IL)
  • Population: 94,657
  • Median Age: 31.73 yr
  • Median Commute Time: 37 mins
  • Educational Climate*: 2
  • Sales Tax: 9%
  • Population Density: 19,407/sq mi
  • Population Change Since 2000: -.87%
  • Closest Airport: Chicago Midway International
  • Closest College: Concordia University
  • Closest Jr. College: Northwestern Business College
  • Median Household Income: $39,419
  • Annual Residential Turnover: 11%
  • Median Home Sales Price: $160,000
  • Closest Major Sports Team: Chicago Blackhawks
  • Change Avg. Household Income Since 2000: 2.79%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 60639 (Chicago, IL)
Median Age: 31.73 Married: 30% Number of Households: 26,428 Households with Children: 11,713
    • 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 60639 (Chicago, IL)

      School Name Distance Type Grades School Rating Parent Rating
      Northwest Middle School 0.1 mi Public 5-8 1 0
      Belmont-cragin Elementary School 0.1 mi Public PRESCHOOL-8 1 0
      Christopher House Charter Elementary School 0.2 mi Public K-2 0 0
      Charles Allen Prosser Career Academy High School 0.3 mi Public 9-12 2 3
      New Life Christian School 0.3 mi Private PRESCHOOL-12 0 0
      Hanson Park Elementary School 0.4 mi Public PRESCHOOL-8 2 0
      Henry D Lloyd Elementary School 0.4 mi Public PRESCHOOL-5 1 0
      Dr Jorge Prieto Math And Science Elem School 0.5 mi Public PRESCHOOL-8 2 0
      A-karrasel Primary Grade Center 0.5 mi Private PRESCHOOL-K 0 0
      Angel Town Private School 0.5 mi Private PRESCHOOL-K 0 0
      St Genevieve School 0.5 mi Catholic PRESCHOOL-8 0 0
      Tiny Tot Daycare & Learning Center Ltd 0.7 mi Private PRESCHOOL-K 0 0
      Grace English Lutheran School 0.7 mi Private PRESCHOOL-8 0 0
      Franz Peter Schubert Elementary School 0.7 mi Public PRESCHOOL-5 1 0
      Horizon Science Academy Charter School - Belmont 0.8 mi Public - 1 0
      Chicago International Charter - West Belden 1.1 mi Public K-8 0 0
      Kelvyn Park High School 1.2 mi Public 7-12 0 3
      North-grand High School 1.3 mi Public 9-12 0 3
      William P Nixon Elementary School 1.3 mi Public PRESCHOOL-6 1 0
      Luther Burbank Elementary School 1.4 mi Public PRESCHOOL-8 1 0
      Banner West Academy High School 1.4 mi Public 9-12 0 0
      Noble Street Charter - Pritzker College Prep 1.4 mi Public 9-12 0 0
      Joseph Lovett Elementary School 1.5 mi Public PRESCHOOL-8 1 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 © 2016. School Performance data by School Review data by
      Local Weather for 60639 (Chicago, IL)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.