Zip 60611 (Chicago, IL) Housing

Housing in 60611 Chicago, IL is highly valued, with a median value of $587,800. This is far higher than the US median value of $338,100. In the past year, the US housing market has experienced an appreciation of 8.27%, while 60611 Chicago, IL's appreciation has been slightly lower at 6.13%. Thus, it can be concluded that housing in this area is more expensive than the US average and is also appreciating at a slower rate than the national average.

The median home cost in Chicago (zip 60611) is $587,800. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Chicago (zip 60611) is up 10.1%.

Average Age of Homes

- The median age of Chicago (zip 60611) real estate is 35 years old

The Rental Market in Chicago (zip 60611)

- Renters make up 43.5% of the Chicago (zip 60611) population
- 3.5% of houses and apartments in Chicago (zip 60611), 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
	27,711.0	139,647,020.0
	37	42
	$587,800	$338,100
	10.1%	16.6%
	33.4%	57.0%
	66.0%	101.1%
	$16.40	$10.98
	$9,611	$2,690
	37.3%	57.4%
	19.2%	11.2%
	43.5%	31.4%
Vacant Housing
	3.5%	1.9%
	0.9%	0.4%
	1.5%	0.7%
	0.8%	0.4%
	8.6%	3.6%
	3.8%	4.1%
Value of Owner-Occupied Housing
	0.9%	2.6%
	0.0%	2.4%
	0.2%	2.8%
	0.2%	3.9%
	0.1%	4.5%
	1.5%	11.3%
	5.5%	13.0%
	19.1%	20.1%
	9.5%	13.6%
	7.3%	8.3%
	16.2%	9.7%
	11.6%	3.9%
	12.5%	2.2%
	6.9%	0.8%
	8.4%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	23.2%	13.6%
	23.2%	13.6%
	10.5%	13.6%
	13.4%	13.2%
	14.8%	14.8%
	10.5%	13.6%
	5.3%	10.0%
	0.6%	4.7%
	12.9%	12.2%

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