ZIP 60616

Chicago, IL

Data based on listings and public records observed by Rufus. May not represent the entire market.

ZIP 60616 covers 17 tracked apartment buildings totaling 5,927 units in Chicago, IL, with an average asking rent of $1,812 — above the national median for this ZIP code. Asking rents span $1,075 to $4,369 across the available inventory. Occupancy of 93.2% is in line with a healthy stabilized market.

The for-sale market in this ZIP code shows a median asking price of $359,800 ($308 per square foot). For-sale listings sit on the market for an average of 63 days. As of the most recent snapshot Rufus is tracking 93 active listings. HMDA mortgage data for the county covering Chicago shows an average loan amount of $372,344 at an average interest rate of 6.92%. 134,232 loans were originated in the most recent reporting year, a denial rate close to the national average.

Rufus refreshes this ZIP code snapshot from live scraping of listing sources and public deed and mortgage records; figures are observed rather than reported by owners and may differ from marketing brochures.

Last updated 2026-07-28 · Tracked since 2025-09-17
Avg Rent
$1,812
$1,075 – $4,369
Buildings
17
Total Units
5,927
Est. Occupancy
93.2%
403 vacant (observed)

Building Vintage

Pre-1980
6
1980-1999
1
2000-2014
3
2015+
7

Largest Buildings

PropertyUnitsBuiltAvg Rent
Lake Meadows Apartments1,8691953$1,601
Prairie Shores1,6751962$1,556
Arrive LEX3322009$3,065
Eden Commons3311968$1,715
Aspire2752020$2,488
Aspire Residences2752020$2,515
2101 Michigan2511971$2,755
Woodland Park By The Lake1881989$2,366
Arrive South Loop1802006$2,978
Neveseno1492025$3,122
Last updated: 2026-07-13
Median Asking Price
$359,800
Median Size
1,188 sqft
Price per Sqft
$308
Avg Days on Market
63 days
Active Listings
93

Home Type Breakdown

Condo81.9%(77)
Townhome9.6%(9)
Single Family8.5%(8)
Source: HMDA / CFPB

Mortgage data is reported at the county level and may cover a broader area than the ZIP, city, or metro shown.

Avg Loan Amount
$372,344
Avg Property Value
$479,766
Avg Applicant Income
$165,372
Denial Rate
13.0%
Avg Interest Rate
6.92%
Originations
134,232

Loan Type Breakdown

Conventional85.7%
FHA11.6%
VA2.7%