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Chicago, IL 60647 Real Estate & Property Data

Chicago, IL 60647 Real Estate Market Trends

Last Updated: April 22, 2025

A total of 705 residential properties have been sold over the past 12 months in 60647. With a median sales price of $975,000 in 60647 and a total of 7 foreclosures in Chicago, IL 60647. Discover market trends and get the granular level real estate data for Chicago, IL 60647 to keep your pulse on the housing market. Curate compelling home reports for Chicago, IL 60647 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

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Total Residential Properties 12,130

Total Commercial Properties 2,536

Avg. Home Age (Single Family Home) 61 Years

Avg. Square Feet (Single Family Home) 1,714

Total 2025 Residential Sales (year-to-date) 79

% of Homes Seriously Underwater (Q2 2025) 1.85%

Total 2024 Residential Sales 669

% of Equity Rich Homes (Q2 2025) 29.27%

Effective 2024 Property Tax 1.5%

Total Foreclosure Filings (year-to-date) 12

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Chicago, IL 60647 Real Estate Overview

There were 705 residential properties sold in the past year in Chicago, IL 60647. The median home value in Chicago, IL 60647 is $510,494. There are a total of 12,130 residential properties in the 60647.

Median Sales Price i

$975,000

(Feb 2025)

+126.7%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $975,000
January '25 Jan '25 $895,000
December '24 Dec '24 $752,500
November '24 Nov '24 $1,000,000
October '24 Oct '24 $772,500
September '24 Sep '24 $1,081,500
August '24 Aug '24 $979,000
July '24 Jul '24 $741,500
June '24 Jun '24 $890,000
May '24 May '24 $850,000
April '24 Apr '24 $798,500
March '24 Mar '24 $925,250

Median Down Payment i

$250,000

(Feb 2025)

-7.4%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $250,000
January '25 Jan '25 $162,750
December '24 Dec '24 $207,000
November '24 Nov '24 $217,000
October '24 Oct '24 $154,500
September '24 Sep '24 $213,150
August '24 Aug '24 $234,000
July '24 Jul '24 $236,400
June '24 Jun '24 $199,875
May '24 May '24 $170,000
April '24 Apr '24 $125,750
March '24 Mar '24 $189,000

Number of Homes Sold i

(Feb 2025)

+39.1%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 32
January '25 Jan '25 47
December '24 Dec '24 43
November '24 Nov '24 48
October '24 Oct '24 49
September '24 Sep '24 49
August '24 Aug '24 62
July '24 Jul '24 89
June '24 Jun '24 64
May '24 May '24 72
April '24 Apr '24 70
March '24 Mar '24 57

Number of Purchase Loans i

(Feb 2025)

+64%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 41
January '25 Jan '25 60
December '24 Dec '24 38
November '24 Nov '24 41
October '24 Oct '24 47
September '24 Sep '24 55
August '24 Aug '24 68
July '24 Jul '24 93
June '24 Jun '24 72
May '24 May '24 80
April '24 Apr '24 63
March '24 Mar '24 71

Number of REFI Loans i

(Feb 2025)

+71.4%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 12
January '25 Jan '25 26
December '24 Dec '24 20
November '24 Nov '24 37
October '24 Oct '24 30
September '24 Sep '24 23
August '24 Aug '24 15
July '24 Jul '24 8
June '24 Jun '24 17
May '24 May '24 9
April '24 Apr '24 11
March '24 Mar '24 4

Number of HELOC Loans i

(Feb 2025)

-33.3%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 6
January '25 Jan '25 7
December '24 Dec '24 13
November '24 Nov '24 11
October '24 Oct '24 5
September '24 Sep '24 12
August '24 Aug '24 6
July '24 Jul '24 11
June '24 Jun '24 5
May '24 May '24 9
April '24 Apr '24 7
March '24 Mar '24 5

Chicago, IL 60647 Real Estate Market Overview

Last 30 days

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Chicago, IL 60647 Foreclosure Activity

There were a total of 7 Chicago, IL 60647 properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 3 Chicago, IL 60647 properties and repossessed 2 Chicago, IL 60647 properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i

(Feb 2025)

+600%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years