The housing in 60621 Chicago, IL is a great investment opportunity. The median value of the housing is $105,600, which is significantly lower than the US house median value of $338,100. Additionally, the US house appreciation rate was 8.27% over the last year whereas the house appreciation rate in 60621 Chicago, IL was 6.13%. This indicates that there may be potential for an increased return on investment in this area. Therefore, those looking to invest in property should consider 60621 Chicago, IL as a potential location to purchase real estate due to its low median price and reasonable appreciation rate.
The median home cost in Chicago (zip 60621) is $105,600. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Chicago (zip 60621) is up 10.1%.
Average Age of Homes
- The median age of Chicago (zip 60621) real estate is 76 years old
The Rental Market in Chicago (zip 60621)
- Renters make up 48.5% of the Chicago (zip 60621) population
- 3.3% of houses and apartments in Chicago (zip 60621), 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.