Zip 60602 (Chicago, IL) Housing

Housing in 60602 Chicago, IL is slightly below the US median value at $248,300. In the last year, appreciation for housing in this area has been 6.13%, less than the US average of 8.27%. It's still a great time to invest in property in 60602 as prices remain below the national average making it an attractive option for those looking to buy or rent.

The median home cost in Chicago (zip 60602) is $248,300. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Chicago (zip 60602) is up 10.1%.

Average Age of Homes

- The median age of Chicago (zip 60602) real estate is 16 years old

The Rental Market in Chicago (zip 60602)

- Renters make up 55.6% of the Chicago (zip 60602) population
- 0.0% of houses and apartments in Chicago (zip 60602), 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
	587.0	139,647,020.0
	44	42
	$248,300	$338,100
	10.1%	16.6%
	33.4%	57.0%
	66.0%	101.1%
	$20.96	$10.98
	$10,001	$2,690
	65.1%	57.4%
	1.0%	11.2%
	33.9%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	1.0%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	2.1%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	0.0%	13.0%
	13.9%	20.1%
	24.1%	13.6%
	1.6%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	17.8%	2.2%
	0.0%	0.8%
	40.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.6%	13.6%
	11.6%	13.6%
	0.0%	13.6%
	3.4%	13.2%
	25.0%	14.8%
	0.0%	13.6%
	0.0%	10.0%
	0.0%	4.7%
	33.6%	12.2%

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