Zip 60645 (Chicago, IL) Housing

The housing market in 60645 Chicago, IL has a median value of $281,900, which is slightly lower than the US median of $338,100. Despite this difference, the area has experienced an increase in house appreciation of 6.13% over the past year, which is slightly lower than the US average of 8.27%. This makes 60645 a desirable area for potential homeowners and investors alike as it offers an opportunity to build equity at a reasonable rate without sacrificing quality or comfort.

The median home cost in Chicago (zip 60645) is $281,900. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Chicago (zip 60645) is up 10.1%.

Average Age of Homes

- The median age of Chicago (zip 60645) real estate is 67 years old

The Rental Market in Chicago (zip 60645)

- Renters make up 44.6% of the Chicago (zip 60645) population
- 3.3% of houses and apartments in Chicago (zip 60645), 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
	18,101.0	139,647,020.0
	70	42
	$281,900	$338,100
	10.1%	16.6%
	33.4%	57.0%
	66.0%	101.1%
	$20.96	$10.98
	$4,282	$2,690
	47.2%	57.4%
	7.2%	11.2%
	45.6%	31.4%
Vacant Housing
	3.3%	1.9%
	0.0%	0.4%
	0.6%	0.7%
	0.4%	0.4%
	0.0%	3.6%
	2.8%	4.1%
Value of Owner-Occupied Housing
	2.6%	2.6%
	0.5%	2.4%
	0.7%	2.8%
	1.8%	3.9%
	4.6%	4.5%
	8.9%	11.3%
	14.2%	13.0%
	18.5%	20.1%
	21.4%	13.6%
	15.6%	8.3%
	7.3%	9.7%
	1.9%	3.9%
	0.5%	2.2%
	0.8%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	2.7%	13.6%
	2.7%	13.6%
	1.8%	13.6%
	2.7%	13.2%
	11.0%	14.8%
	1.8%	13.6%
	21.4%	10.0%
	11.6%	4.7%
	36.0%	12.2%

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