Chicago, IL 60641 Real Estate & Property Data

Chicago, IL 60641 Real Estate Market Trends
Last Updated: March 29, 2023

A total of 618 residential properties have been sold over the past 12 months in 60641. With a median sales price of $342,000 in 60641 and a total of 7 foreclosures in Chicago, IL 60641. Discover market trends and get the granular level real estate data for Chicago, IL 60641 to keep your pulse on the housing market. Curate compelling home reports for Chicago, IL 60641 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Chicago, IL 60641 Real Estate Market Trends
Total Residential Properties 10,381
Total Commercial Properties 1,331
Avg. Home Age (Single Family Home) 96 Years
Avg. Square Feet (Single Family Home) 1,463
Total 2023 Residential Sales (year-to-date) 24
% of Homes Seriously Underwater (Q1 2023) 2.26%
Total 2022 Residential Sales 594
% of Equity Rich Homes (Q1 2023) 36.5%
Effective 2022 Property Tax 1.42%
Total Foreclosure Filings (year-to-date) 7
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Chicago, IL 60641 Real Estate Overview

There were 618 residential properties sold in the past year in Chicago, IL 60641. The median home value in Chicago, IL 60641 is $364,122. There are a total of 10,381 residential properties in the Chicago, IL 60641.

Median Sales Price i
$342,000
(Jan 2023)
-14.5%
year-over-year
y-o-y
  • January '23 Jan '23 $342,000
  • December '22 Dec '22 $353,500
  • November '22 Nov '22 $365,000
  • October '22 Oct '22 $387,500
  • September '22 Sep '22 $420,000
  • August '22 Aug '22 $385,000
  • July '22 Jul '22 $464,000
  • June '22 Jun '22 $467,000
  • May '22 May '22 $492,250
  • April '22 Apr '22 $465,000
  • March '22 Mar '22 $435,000
  • February '22 Feb '22 $371,500
Median Down Payment i
$63,080
(Jan 2023)
+55.8%
year-over-year
y-o-y
  • January '23 Jan '23 $63,080
  • December '22 Dec '22 $39,500
  • November '22 Nov '22 $65,000
  • October '22 Oct '22 $75,425
  • September '22 Sep '22 $65,500
  • August '22 Aug '22 $56,000
  • July '22 Jul '22 $81,000
  • June '22 Jun '22 $50,000
  • May '22 May '22 $77,000
  • April '22 Apr '22 $64,500
  • March '22 Mar '22 $58,937
  • February '22 Feb '22 $43,150
Number of Homes Sold i
24
(Jan 2023)
-33.3%
year-over-year
y-o-y
  • January '23 Jan '23 24
  • December '22 Dec '22 36
  • November '22 Nov '22 32
  • October '22 Oct '22 41
  • September '22 Sep '22 47
  • August '22 Aug '22 51
  • July '22 Jul '22 47
  • June '22 Jun '22 68
  • May '22 May '22 64
  • April '22 Apr '22 59
  • March '22 Mar '22 75
  • February '22 Feb '22 38
Number of Purchase Loans i
22
(Jan 2023)
-45%
year-over-year
y-o-y
  • January '23 Jan '23 22
  • December '22 Dec '22 30
  • November '22 Nov '22 32
  • October '22 Oct '22 38
  • September '22 Sep '22 43
  • August '22 Aug '22 52
  • July '22 Jul '22 47
  • June '22 Jun '22 59
  • May '22 May '22 63
  • April '22 Apr '22 64
  • March '22 Mar '22 70
  • February '22 Feb '22 44
Number of REFI Loans i
6
(Jan 2023)
-90.2%
year-over-year
y-o-y
  • January '23 Jan '23 6
  • December '22 Dec '22 2
  • November '22 Nov '22 6
  • October '22 Oct '22 12
  • September '22 Sep '22 10
  • August '22 Aug '22 14
  • July '22 Jul '22 15
  • June '22 Jun '22 13
  • May '22 May '22 25
  • April '22 Apr '22 40
  • March '22 Mar '22 31
  • February '22 Feb '22 53
Number of HELOC Loans i
3
(Jan 2023)
-50%
year-over-year
y-o-y
  • January '23 Jan '23 3
  • December '22 Dec '22 8
  • November '22 Nov '22 13
  • October '22 Oct '22 15
  • September '22 Sep '22 12
  • August '22 Aug '22 7
  • July '22 Jul '22 12
  • June '22 Jun '22 10
  • May '22 May '22 8
  • April '22 Apr '22 8
  • March '22 Mar '22 13
  • February '22 Feb '22 3

Chicago, IL 60641 Foreclosure Activity

There were a total of 7 Chicago, IL 60641 properties with a foreclosure filing in January 2023. Lenders started the foreclosure process on 4 Chicago, IL 60641 properties and repossessed 1 Chicago, IL 60641 properties through completed foreclosures (REOs) in January 2023.

Total Foreclosure Filings i
7
(Jan 2023)
+75%
year-over-year
y-o-y
  • January '23 Jan '23 7
  • December '22 Dec '22 5
  • November '22 Nov '22 6
  • October '22 Oct '22 14
  • September '22 Sep '22 12
  • August '22 Aug '22 7
  • July '22 Jul '22 6
  • June '22 Jun '22 15
  • May '22 May '22 7
  • April '22 Apr '22 7
  • March '22 Mar '22 10
  • February '22 Feb '22 2
Foreclosure Starts i
4
(Jan 2023)
+300%
year-over-year
y-o-y
  • January '23 Jan '23 4
  • December '22 Dec '22 4
  • November '22 Nov '22 3
  • October '22 Oct '22 9
  • September '22 Sep '22 10
  • August '22 Aug '22 6
  • July '22 Jul '22 4
  • June '22 Jun '22 12
  • May '22 May '22 4
  • April '22 Apr '22 5
  • March '22 Mar '22 8
  • February '22 Feb '22 2
Completed Foreclosures (REOs) i
1
(Jan 2023)
  • January '23 Jan '23 1
  • December '22 Dec '22 1
  • November '22 Nov '22 N/A
  • October '22 Oct '22 3
  • September '22 Sep '22 2
  • August '22 Aug '22 N/A
  • July '22 Jul '22 2
  • June '22 Jun '22 N/A
  • May '22 May '22 1
  • April '22 Apr '22 1
  • March '22 Mar '22 N/A
  • February '22 Feb '22 1
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