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Zip Code 60639

Chicago, IL • Cook County

Real Estate Market Analysis

Q3 2025 Report
$285,000 (June 2025)
Median Home Value
~90,000
Population
$48,000
Median Income
Below city average
School District Rating

Market Statistics

Property Values

$285,000 (June 2025)
Median Home Value
$1,400/month (est. 2025)
Median Rent
$210 (June 2025)
Price per Sq Ft

Market Performance

Home Appreciation3.2% YoY (2024-2025)
Market Velocity26.1% increase in homes for sale from May to June 2025; moderate sales pace
Foreclosure RateSlightly above city average (2025)

Area Information

Area Size~4.3 sq mi
CountyCook
Primary CityChicago

Housing Profile

Housing Statistics

Total Housing Units~19,000
Owner Occupied38%
Rental Properties62%
Vacant Units6%
New ConstructionVery limited; citywide construction pipeline down 40% in 2025[1]

Housing Types

Two-flatsSingle-family homesSmall apartment buildingsMulti-unit (3-6 units)

Demographics

~90,000
Population
32
Median Age
$48,000
Median Income
94% (6% unemployment)
Employment Rate
High school diploma or higher: 71%; Bachelor's or higher: 13%
Education Levels
Predominantly families with children; average household size: 3.6
Family Composition

Education Quality

School District Performance

Below city average
District Rating
School DistrictChicago Public Schools (CPS)
Test ScoresBelow state average (2024)
Graduation Rates~73%

Schools in Area

  • Kelvyn Park High School
  • North-Grand High School
  • Mary Lyon Elementary
  • McAuliffe Elementary

Economic Factors

Employment & Business

Job GrowthSteady, 1.5% YoY (2024-2025)
Unemployment Rate6%
Business EnvironmentPrimarily small businesses, retail, and service sector
Commercial ActivityActive along North Cicero Ave and North Central Ave

Major Employers

  • Local retail
  • Healthcare clinics
  • Logistics/warehousing
  • Chicago Public Schools

Infrastructure & Quality of Life

Infrastructure

Transportation Access

  • • Metra Milwaukee District West Line (Grand/Cicero)
  • • CTA Blue Line (nearby)
  • • CTA bus routes: 54, 74, 76, 85
  • • Easy access to I-290

Utilities & Services

  • • City water/sewer
  • • ComEd electricity
  • • Peoples Gas

Quality of Life

Safety & Environment

Above city average; property crime is primary concern

Urban, moderate air quality, limited green space

Healthcare Access

  • • Loretto Hospital
  • • Community clinics

Development Trends

Planned Developments

  • Small-scale residential rehabs
  • Retail storefront renovations

Infrastructure Projects

  • • Road resurfacing on major corridors

Investment Outlook

Growth Outlook

Stable to moderate growth; limited new supply supports values[1][2]

Investment Opportunities

  • • Value-add multifamily
  • • Affordable single-family flips

Marketing Intelligence

Target Demographics

  • First-time buyers
  • Investors
  • Multigenerational families
  • Renters seeking ownership

Competitive Advantages

  • Lower price point than city average
  • Strong rental demand
  • Proximity to transit corridors

Pricing Strategies

Competitive pricing below city median; incentives for FHA/VA buyers

Common Objections & Response Strategies

Objection: Concerns about crime rates

Response Strategy:

Provide recent crime trend data and highlight community policing and neighborhood watch programs

Objection: School quality below average

Response Strategy:

Showcase after-school programs, charter/magnet options, and recent CPS improvement initiatives

Objection: Limited new construction

Response Strategy:

Emphasize value in existing housing stock and opportunities for renovation/equity growth

Objection: Urban density and parking

Response Strategy:

Highlight walkability, transit options, and available off-street parking in select properties

Professional Recommendations

1

Target marketing to first-time buyers and investors.

2

Emphasize affordability and rental income potential in listings.

3

Build relationships with local lenders for FHA/VA buyers.

4

Stay informed on neighborhood safety initiatives and school improvements.

5

Highlight proximity to transit and parks in all marketing materials.

Competitive Analysis

Comparable Markets

  • 60647 (Logan Square)
  • 60641 (Hermosa)
  • 60651 (Humboldt Park)

Market Positioning

Affordable, high-density, family-oriented urban neighborhood

Competitive Advantages

  • Lower entry price
  • Higher rental yields

Price Comparison

60639 median home value is 20-30% lower than Logan Square (60647)

Investment Metrics

6.5% - 7.5% (multifamily, 2025)
Cap Rates
6% - 7% gross
Rental Yields
~17:1
Price-to-Rent
Strong for well-managed multifamily; moderate for single-family
Cash Flow
2-4% annually (2025-2027)
Appreciation

Buyer Journey Insights

First-Time Buyers

Attracted by affordability and FHA/VA loan options; may need education on renovation/maintenance.

Move-Up Buyers

Limited options for larger/newer homes; may consider nearby zip codes for upgrades.

Downsizers

Rare, but some interest in smaller condos or two-flats.

Investors

Active due to strong rental demand and value-add opportunities.

Relocators

Drawn by affordability, transit access, and proximity to jobs.

This zip code analysis was generated using comprehensive market data and AI intelligence.

Market conditions change rapidly - consult with local real estate professionals for the most current information.

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Nearby Areas

Logan Square in Chicago, IL

neighborhood

3 miles away

$600,000

60647 (IL)

zip_code

3 miles away

$500,000

Similar Markets

60632 (IL)

zip_code

Similar market (94% price match)

$275,000

60623 (IL)

zip_code

Similar market (88% price match)

$230,000