HousingHandbookReference data

U.S. ZIP Code · IL60005

Cook County · Chicago-Naperville-Elgin, IL-IN

Typical home value

$431,715[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+6.3%
5-year / yr
+6.0%
10-year / yr
+4.3%

Relative price

vs U.S.
+52.0%
vs metro
+28.1%
vs state
+125.8%
ZIP 60005 location in IL
Location of ZIP 60005 in IL

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 60005 is worth $431,715 — 28.1% above the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have risen 6.3%. Homes here rent for a typical $1,788 a month — a 5.0% gross rental yield. The effective property tax rate is 2.0%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,788[2]
Gross yield
5.0%[2]
Cap rate
3.0%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
2.0%[3]
Typical annual tax
$8,456[3]

#Climate risk

FEMA National Risk Index ratings for Cook County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Very High[4]
Riverine flood
Very High
Coastal flood
Relatively Low
Wildfire
Very Low
Drought
Very Low
Heat wave
Very High
Hurricane
Very Low
Tornado
Very High
Earthquake
Relatively High
Winter weather
Very High

#Who lives here

Population
28,843[3]
Median household income
$99,743[3]

#Migration

Household moves in and out of Cook County over a year, from IRS tax-return data.

Net migration
-14,346[5]
Moved in
86,012
Moved out
100,358

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
8
Elementary
3
Middle
1
High
4
  • South Middle School

    Middle · Grades 6–8 · Arlington Heights SD 25

    813 students

  • Westgate Elem School

    Elementary · Grades K–5 · Arlington Heights SD 25

    618 students

  • Dryden Elem School

    Elementary · Grades K–5 · Arlington Heights SD 25

    505 students

  • Juliette Low Elem School

    Elementary · Grades K–5 · Comm Cons SD 59

    275 students

  • Newcomer Center

    High · Grades 9–12 · Township HSD 214

    0 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield5.0%
Net yield (after ~40% expenses)3.0%
Annual rent$21,457

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$2,183
Loan principal$345,372
Down payment$86,343
Total interest paid$440,503

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.82
Monthly cost to own$3,248
Monthly rent$1,788

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
54th percentile[1]
Rental yield
12th percentile[2]
Property tax
50th percentile[3]

Frequently asked

How much is a home worth in ZIP code 60005?
The typical home in 60005 is worth $431,715, based on the Zillow Home Value Index.
Are home values rising in 60005?
Home values in 60005 are up 6.3% over the past year, and up 6.0% a year over five years.
What is the typical rent in 60005?
A typical home in 60005 rents for about $1,788 a month, a gross rental yield of 5.0%.
What is the property tax rate in 60005?
The effective property tax rate in 60005 is 2.0% — roughly $8,456 a year on a typical home.
Who lives in 60005?
ZIP code 60005 has a population of 28,843 and a median household income of $99,743.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Lisle, IL

    Typical home
    $431,226
    Gross yield
    5.5%
  • Bartlett, IL

    Typical home
    $433,051
    Gross yield
    5.8%
  • St. Charles, IL

    Typical home
    $429,995
    Gross yield
    5.3%
  • Morton Grove, IL

    Typical home
    $436,806
    Gross yield
    6.7%
  • IL

    Typical home
    $425,879
    Gross yield
  • Bloomingdale, IL

    Typical home
    $437,784
    Gross yield
    6.8%

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