Zip 60415 (Chicago Ridge, IL) Housing

Housing in 60415 Chicago Ridge, IL is quite a bit cheaper than the national average. The median value of a house in this area is $196,100 which is nearly 40% below the national median housing value of $338,100. Over the past year, housing here has appreciated at a rate of 9.35%, slightly higher than the 8.27% nationwide appreciation rate. This could signal that 60415 Chicago Ridge, IL is becoming an increasingly attractive place to purchase a home.

The median home cost in Chicago Ridge (zip 60415) is $196,100. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Chicago Ridge (zip 60415) is up 13.7%.

Average Age of Homes

- The median age of Chicago Ridge (zip 60415) real estate is 45 years old

The Rental Market in Chicago Ridge (zip 60415)

- Renters make up 46.8% of the Chicago Ridge (zip 60415) population
- 2.5% of houses and apartments in Chicago Ridge (zip 60415), 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 Ridge, Illinois	United States
	5,932.0	139,647,020.0
	49	42
	$196,100	$338,100
	13.7%	16.6%
	41.6%	57.0%
	66.0%	101.1%
	$20.96	$10.98
	$4,541	$2,690
	51.3%	57.4%
	8.7%	11.2%
	39.9%	31.4%
Vacant Housing
	2.5%	1.9%
	0.0%	0.4%
	2.1%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	4.1%	4.1%
Value of Owner-Occupied Housing
	1.5%	2.6%
	0.0%	2.4%
	0.9%	2.8%
	8.2%	3.9%
	5.9%	4.5%
	24.7%	11.3%
	23.7%	13.0%
	25.3%	20.1%
	7.1%	13.6%
	2.0%	8.3%
	0.5%	9.7%
	0.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.2%	13.6%
	3.2%	13.6%
	7.2%	13.6%
	17.9%	13.2%
	23.4%	14.8%
	7.2%	13.6%
	14.7%	10.0%
	6.8%	4.7%
	2.5%	12.2%

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