Zip 60659 (Chicago, IL) Housing

Housing in 60659, Chicago, IL is relatively affordable compared to the national average. The median value of housing in 60659 is $303,600, which is significantly lower than the US House Median Value of $338,100. Despite being lower than the national average, the area has seen positive growth in housing over the past year with a 1 year house appreciation rate of 6.13%, slightly below the 8.27% US House Appreciation rate. This indicates that despite being slightly lower than average prices for housing nationally, 60659 remains a strong investment opportunity when considering appreciation rates.

The median home cost in Chicago (zip 60659) is $303,600. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Chicago (zip 60659) is up 10.1%.

Average Age of Homes

- The median age of Chicago (zip 60659) real estate is 74 years old

The Rental Market in Chicago (zip 60659)

- Renters make up 47.3% of the Chicago (zip 60659) population
- 3.7% of houses and apartments in Chicago (zip 60659), 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
	15,253.0	139,647,020.0
	77	42
	$303,600	$338,100
	10.1%	16.6%
	33.4%	57.0%
	66.0%	101.1%
	$17.30	$10.98
	$5,309	$2,690
	40.3%	57.4%
	9.3%	11.2%
	50.4%	31.4%
Vacant Housing
	3.7%	1.9%
	0.4%	0.4%
	0.4%	0.7%
	0.2%	0.4%
	1.1%	3.6%
	3.5%	4.1%
Value of Owner-Occupied Housing
	1.5%	2.6%
	0.2%	2.4%
	3.8%	2.8%
	1.4%	3.9%
	1.3%	4.5%
	11.6%	11.3%
	10.9%	13.0%
	18.2%	20.1%
	14.6%	13.6%
	19.5%	8.3%
	14.2%	9.7%
	2.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.8%	13.6%
	2.8%	13.6%
	4.1%	13.6%
	2.4%	13.2%
	6.2%	14.8%
	4.1%	13.6%
	17.6%	10.0%
	16.8%	4.7%
	42.4%	12.2%

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