Chicago, IL 60656 Real Estate & Property Data

Chicago, IL 60656 Real Estate Market Trends
Last Updated: April 20, 2024

A total of 385 residential properties have been sold over the past 12 months in 60656. With a median sales price of $445,000 in 60656 and a total of 1 foreclosures in Chicago, IL 60656. Discover market trends and get the granular level real estate data for Chicago, IL 60656 to keep your pulse on the housing market. Curate compelling home reports for Chicago, IL 60656 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Chicago, IL 60656 Real Estate Market Trends
Total Residential Properties 9,020
Total Commercial Properties 276
Avg. Home Age (Single Family Home) 70 Years
Avg. Square Feet (Single Family Home) 1,381
Total 2024 Residential Sales (year-to-date) 30
% of Homes Seriously Underwater (Q2 2024) 1.24%
Total 2023 Residential Sales 380
% of Equity Rich Homes (Q2 2024) 32.77%
Effective 2023 Property Tax 1.49%
Total Foreclosure Filings (year-to-date) 2
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Chicago, IL 60656 Real Estate Overview

There were 385 residential properties sold in the past year in Chicago, IL 60656. The median home value in Chicago, IL 60656 is $323,129. There are a total of 9,020 residential properties in the 60656.

Median Sales Price i
$445,000
(Feb 2024)
+7.2%
year-over-year
y-o-y
  • February '24 Feb '24 $445,000
  • January '24 Jan '24 $360,000
  • December '23 Dec '23 $382,500
  • November '23 Nov '23 $410,750
  • October '23 Oct '23 $376,000
  • September '23 Sep '23 $382,500
  • August '23 Aug '23 $447,000
  • July '23 Jul '23 $417,000
  • June '23 Jun '23 $390,000
  • May '23 May '23 $420,000
  • April '23 Apr '23 $337,500
  • March '23 Mar '23 $372,000
Median Down Payment i
$44,900
(Feb 2024)
+6.9%
year-over-year
y-o-y
  • February '24 Feb '24 $44,900
  • January '24 Jan '24 $7,583
  • December '23 Dec '23 $71,560
  • November '23 Nov '23 $59,575
  • October '23 Oct '23 $29,909
  • September '23 Sep '23 $77,500
  • August '23 Aug '23 $51,500
  • July '23 Jul '23 $45,800
  • June '23 Jun '23 $71,000
  • May '23 May '23 $77,000
  • April '23 Apr '23 $30,075
  • March '23 Mar '23 $35,167
Number of Homes Sold i
17
(Feb 2024)
-32%
year-over-year
y-o-y
  • February '24 Feb '24 17
  • January '24 Jan '24 13
  • December '23 Dec '23 30
  • November '23 Nov '23 33
  • October '23 Oct '23 29
  • September '23 Sep '23 33
  • August '23 Aug '23 38
  • July '23 Jul '23 33
  • June '23 Jun '23 31
  • May '23 May '23 42
  • April '23 Apr '23 28
  • March '23 Mar '23 33
Number of Purchase Loans i
15
(Feb 2024)
-92.6%
year-over-year
y-o-y
  • February '24 Feb '24 15
  • January '24 Jan '24 8
  • December '23 Dec '23 20
  • November '23 Nov '23 20
  • October '23 Oct '23 21
  • September '23 Sep '23 29
  • August '23 Aug '23 30
  • July '23 Jul '23 30
  • June '23 Jun '23 21
  • May '23 May '23 32
  • April '23 Apr '23 19
  • March '23 Mar '23 26
Number of REFI Loans i
4
(Feb 2024)
-33.3%
year-over-year
y-o-y
  • February '24 Feb '24 4
  • January '24 Jan '24 8
  • December '23 Dec '23 3
  • November '23 Nov '23 6
  • October '23 Oct '23 8
  • September '23 Sep '23 6
  • August '23 Aug '23 7
  • July '23 Jul '23 6
  • June '23 Jun '23 3
  • May '23 May '23 18
  • April '23 Apr '23 3
  • March '23 Mar '23 5
Number of HELOC Loans i
2
(Feb 2024)
-80%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 6
  • December '23 Dec '23 3
  • November '23 Nov '23 3
  • October '23 Oct '23 7
  • September '23 Sep '23 8
  • August '23 Aug '23 6
  • July '23 Jul '23 1
  • June '23 Jun '23 11
  • May '23 May '23 7
  • April '23 Apr '23 4
  • March '23 Mar '23 7

Chicago, IL 60656 Foreclosure Activity

There were a total of 1 Chicago, IL 60656 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
1
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 1
  • December '23 Dec '23 N/A
  • November '23 Nov '23 2
  • October '23 Oct '23 1
  • September '23 Sep '23 3
  • August '23 Aug '23 1
  • July '23 Jul '23 3
  • June '23 Jun '23 N/A
  • May '23 May '23 6
  • April '23 Apr '23 5
  • March '23 Mar '23 6
Foreclosure Starts i
1
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 1
  • October '23 Oct '23 1
  • September '23 Sep '23 2
  • August '23 Aug '23 N/A
  • July '23 Jul '23 1
  • June '23 Jun '23 N/A
  • May '23 May '23 5
  • April '23 Apr '23 4
  • March '23 Mar '23 3
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 1
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 1
  • September '23 Sep '23 N/A
  • August '23 Aug '23 1
  • July '23 Jul '23 1
  • June '23 Jun '23 1
  • May '23 May '23 1
  • April '23 Apr '23 N/A
  • March '23 Mar '23 1
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