Zip 60647 (Chicago, IL) Housing

Housing in 60647 Chicago, IL is slightly more expensive than the national median value of $338,100 with a median value of $446,000. The appreciation rate in this area is not as high as the national average of 8.27%, instead sitting at 6.13%. Though the appreciation rate may be lower, the higher median value shows that this area is still a desirable place to live and invest in.

The median home cost in Chicago (zip 60647) is $446,000. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Chicago (zip 60647) is up 10.1%.

Average Age of Homes

- The median age of Chicago (zip 60647) real estate is 78 years old

The Rental Market in Chicago (zip 60647)

- Renters make up 55.7% of the Chicago (zip 60647) population
- 2.6% of houses and apartments in Chicago (zip 60647), 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
	40,717.0	139,647,020.0
	61	42
	$446,000	$338,100
	10.1%	16.6%
	33.4%	57.0%
	66.0%	101.1%
	$20.96	$10.98
	$7,045	$2,690
	34.3%	57.4%
	9.4%	11.2%
	56.3%	31.4%
Vacant Housing
	2.6%	1.9%
	0.3%	0.4%
	0.4%	0.7%
	0.2%	0.4%
	0.5%	3.6%
	5.4%	4.1%
Value of Owner-Occupied Housing
	1.3%	2.6%
	0.3%	2.4%
	0.4%	2.8%
	0.6%	3.9%
	0.0%	4.5%
	0.8%	11.3%
	2.1%	13.0%
	12.4%	20.1%
	20.7%	13.6%
	17.3%	8.3%
	25.2%	9.7%
	11.1%	3.9%
	5.4%	2.2%
	1.8%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	7.9%	13.6%
	7.9%	13.6%
	4.4%	13.6%
	3.4%	13.2%
	4.0%	14.8%
	4.4%	13.6%
	4.3%	10.0%
	3.7%	4.7%
	61.4%	12.2%

Reviews for Chicago

See all (0)

Write a Review

Start Your Review of Chicago

Commute