Zip 60601 (Chicago, IL) Housing

Housing in 60601 Chicago, IL has a median value of $528,000, which is significantly higher than the US median house value of $338,100. Although the US house appreciation rate was 8.27% over the past year, the house appreciation rate in 60601 Chicago, IL was 6.13%. This suggests that housing prices have not seen a rapid acceleration like other parts of the country. Despite this relative stability in prices recently, housing in 60601 remains significantly more expensive than most other regions across the United States.

The median home cost in Chicago (zip 60601) is $528,000. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Chicago (zip 60601) is up 10.1%.

Average Age of Homes

- The median age of Chicago (zip 60601) real estate is 29 years old

The Rental Market in Chicago (zip 60601)

- Renters make up 49.6% of the Chicago (zip 60601) population
- 5.4% of houses and apartments in Chicago (zip 60601), 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
	10,551.0	139,647,020.0
	20	42
	$528,000	$338,100
	10.1%	16.6%
	33.4%	57.0%
	66.0%	101.1%
	$16.62	$10.98
	$8,638	$2,690
	25.7%	57.4%
	16.7%	11.2%
	57.5%	31.4%
Vacant Housing
	5.4%	1.9%
	0.5%	0.4%
	0.3%	0.7%
	0.0%	0.4%
	8.4%	3.6%
	2.1%	4.1%
Value of Owner-Occupied Housing
	1.5%	2.6%
	3.3%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	0.6%	13.0%
	6.9%	20.1%
	9.8%	13.6%
	26.0%	8.3%
	24.1%	9.7%
	13.5%	3.9%
	5.5%	2.2%
	1.3%	0.8%
	7.5%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	34.1%	13.6%
	34.1%	13.6%
	5.3%	13.6%
	13.4%	13.2%
	7.8%	14.8%
	5.3%	13.6%
	1.9%	10.0%
	0.0%	4.7%
	8.0%	12.2%

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