Zip 60617 (Chicago, IL) Housing

The housing median value in 60617 Chicago, IL is $161,200. This is much lower than the US house median value of $338,100. In terms of appreciation, the US house appreciation rate in one year is 8.27%, while the rate for houses in 60617 Chicago, IL is 6.13%. Despite this gap in median values, there are still great housing opportunities available in this area and the trend of increasing home values is certainly encouraging for potential homeowners and investors alike.

The median home cost in Chicago (zip 60617) is $161,200. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Chicago (zip 60617) is up 10.1%.

Average Age of Homes

- The median age of Chicago (zip 60617) real estate is 74 years old

The Rental Market in Chicago (zip 60617)

- Renters make up 33.6% of the Chicago (zip 60617) population
- 0.7% of houses and apartments in Chicago (zip 60617), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Chicago, Illinois	United States
	35,572.0	139,647,020.0
	80	42
	$161,200	$338,100
	10.1%	16.6%
	33.4%	57.0%
	66.0%	101.1%
	$20.96	$10.98
	$2,055	$2,690
	47.8%	57.4%
	15.3%	11.2%
	37.0%	31.4%
Vacant Housing
	0.7%	1.9%
	0.0%	0.4%
	0.8%	0.7%
	0.1%	0.4%
	0.1%	3.6%
	13.5%	4.1%
Value of Owner-Occupied Housing
	2.7%	2.6%
	1.8%	2.4%
	1.7%	2.8%
	7.2%	3.9%
	10.2%	4.5%
	29.1%	11.3%
	23.6%	13.0%
	17.7%	20.1%
	2.6%	13.6%
	1.4%	8.3%
	1.4%	9.7%
	0.4%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.4%	13.6%
	1.4%	13.6%
	2.3%	13.6%
	1.5%	13.2%
	2.6%	14.8%
	2.3%	13.6%
	13.4%	10.0%
	22.8%	4.7%
	47.1%	12.2%

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