Zip 60651 (Chicago, IL) Housing

Housing in 60651 Chicago, IL is relatively less expensive than the national median. The median housing value in 60651 Chicago, IL is $223,200 compared to the US median of $338,100. Despite this difference in price, the appreciation rate for homes in 60651 Chicago, IL is still strong at 6.13%, slightly lower than the US average of 8.27%. This indicates that it may be a good time to invest in the real estate market of this area.

The median home cost in Chicago (zip 60651) is $223,200. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Chicago (zip 60651) is up 10.1%.

Average Age of Homes

- The median age of Chicago (zip 60651) real estate is 78 years old

The Rental Market in Chicago (zip 60651)

- Renters make up 49.8% of the Chicago (zip 60651) population
- 2.0% of houses and apartments in Chicago (zip 60651), 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
	22,858.0	139,647,020.0
	61	42
	$223,200	$338,100
	10.1%	16.6%
	33.4%	57.0%
	66.0%	101.1%
	$20.96	$10.98
	$2,842	$2,690
	40.3%	57.4%
	10.0%	11.2%
	49.6%	31.4%
Vacant Housing
	2.0%	1.9%
	0.1%	0.4%
	0.5%	0.7%
	0.3%	0.4%
	0.1%	3.6%
	7.1%	4.1%
Value of Owner-Occupied Housing
	4.4%	2.6%
	0.9%	2.4%
	1.7%	2.8%
	2.3%	3.9%
	3.6%	4.5%
	10.3%	11.3%
	20.3%	13.0%
	36.4%	20.1%
	12.1%	13.6%
	3.5%	8.3%
	3.1%	9.7%
	1.0%	3.9%
	0.1%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.6%	13.6%
	2.6%	13.6%
	2.3%	13.6%
	3.2%	13.2%
	4.3%	14.8%
	2.3%	13.6%
	9.8%	10.0%
	10.8%	4.7%
	60.2%	12.2%

Reviews for Chicago

See all (0)

Write a Review

Start Your Review of Chicago

Commute

The premier source for comprehensive city data for over 30 years.