HousingHandbookReference data

U.S. ZIP Code · IL60008

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

Typical home value

$337,712[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.2%
5-year / yr
+7.0%
10-year / yr
+5.6%

Relative price

vs U.S.
+18.9%
vs metro
≈ metro median
vs state
+76.6%
ZIP 60008 location in IL
Location of ZIP 60008 in IL

Price history

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

The typical home in 60008 is worth $337,712. Over the past year, values have risen 5.2%. Homes here rent for a typical $1,945 a month — a 6.9% gross rental yield. The effective property tax rate is 2.2%.

#Rent & investment

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

Monthly rent
$1,945[2]
Gross yield
6.9%[2]
Cap rate
4.1%[2]

#Property tax

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

Effective tax rate
2.2%[3]
Typical annual tax
$7,316[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
22,800[3]
Median household income
$94,336[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
7
Elementary
4
Middle
2
High
1
  • Rolling Meadows High School

    High · Grades 9–12 · Township HSD 214

    2,067 students

  • Willow Bend Elem School

    Elementary · Grades PK–6 · Palatine CCSD 15

    975 students

  • Plum Grove Jr High School

    Middle · Grades 7–8 · Palatine CCSD 15

    834 students

  • Kimball Hill Elem School

    Elementary · Grades PK–6 · Palatine CCSD 15

    488 students

  • Carl Sandburg Jr High School

    Middle · Grades 7–8 · Palatine CCSD 15

    450 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 yield6.9%
Net yield (after ~40% expenses)4.1%
Annual rent$23,339

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$1,708
Loan principal$270,170
Down payment$67,542
Total interest paid$344,587

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 ratio1.34
Monthly cost to own$2,600
Monthly rent$1,945

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
80th percentile[1]
Rental yield
50th percentile[2]
Property tax
71st percentile[3]

Frequently asked

How much is a home worth in ZIP code 60008?
The typical home in 60008 is worth $337,712, based on the Zillow Home Value Index.
Are home values rising in 60008?
Home values in 60008 are up 5.2% over the past year, and up 7.0% a year over five years.
What is the typical rent in 60008?
A typical home in 60008 rents for about $1,945 a month, a gross rental yield of 6.9%.
What is the property tax rate in 60008?
The effective property tax rate in 60008 is 2.2% — roughly $7,316 a year on a typical home.
Who lives in 60008?
ZIP code 60008 has a population of 22,800 and a median household income of $94,336.

#Comparable ZIPs

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

  • Woodstock, IL

    Typical home
    $337,944
    Gross yield
    5.5%
  • Chicago, IL

    Typical home
    $337,289
    Gross yield
    8.7%
  • Peotone, IL

    Typical home
    $336,963
    Gross yield
  • Chicago, IL

    Typical home
    $335,749
    Gross yield
    6.7%
  • Chicago, IL

    Typical home
    $335,469
    Gross yield
  • Olympia Fields, IL

    Typical home
    $334,413
    Gross yield

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