Farrakhan told his congregation on Chicago's South Side he sees a "oneness of spirit" among the multitudes who rallied and celebrated Obama's victory last week, the Chicago Sun-Times reported Monday.
However, Farrakhan cautioned having a black president won't end racial inequality in the United States.
"Even with this remarkable event, the country remains divided and polarized," Farrakhan said.
He urged the crowd to reach out to people who may not like seeing blacks succeed and help them to change their views, the Chicago Tribune reported.
"We can change laws, but it's difficult to change attitudes," the Nation of Islam leader said.
The Tribune said Farrakhan's comments were his first public statements about Obama since the election.