HousingHandbookReference data

U.S. ZIP Code · IL60015

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

Typical home value

$719,633[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+6.9%
5-year / yr
+7.8%
10-year / yr
+3.6%

Relative price

vs U.S.
+153.3%
vs metro
+113.6%
vs state
+276.3%
ZIP 60015 location in IL
Location of ZIP 60015 in IL

Price history

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

The typical home in 60015 is worth $719,633 — 113.6% above the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have risen 6.9%. Homes here rent for a typical $2,708 a month — a 4.5% gross rental yield. The effective property tax rate is 2.3%.

#Rent & investment

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

Monthly rent
$2,708[2]
Gross yield
4.5%[2]
Cap rate
2.7%[2]

#Property tax

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

Effective tax rate
2.3%[3]
Typical annual tax
$16,881[3]

#Climate risk

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

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

#Who lives here

Population
28,096[3]
Median household income
$183,125[3]

#Migration

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

Net migration
-3,128[5]
Moved in
15,148
Moved out
18,276

Schools

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

Public schools
8
Elementary
5
Middle
2
High
1
  • Deerfield High School

    High · Grades 9–12 · Twp HSD 113

    1,429 students

  • Wilmot Elem School

    Elementary · Grades K–5 · Deerfield SD 109

    483 students

  • Alan B Shepard Middle School

    Middle · Grades 6–8 · Deerfield SD 109

    462 students

  • Kipling Elem School

    Elementary · Grades K–5 · Deerfield SD 109

    459 students

  • Walden Elem School

    Elementary · Grades K–5 · Deerfield SD 109

    447 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 yield4.5%
Net yield (after ~40% expenses)2.7%
Annual rent$32,497

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$3,639
Loan principal$575,706
Down payment$143,927
Total interest paid$734,282

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 ratio2.09
Monthly cost to own$5,648
Monthly rent$2,708

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
94th percentile[1]
Rental yield
5th percentile[2]
Property tax
84th percentile[3]

Frequently asked

How much is a home worth in ZIP code 60015?
The typical home in 60015 is worth $719,633, based on the Zillow Home Value Index.
Are home values rising in 60015?
Home values in 60015 are up 6.9% over the past year, and up 7.8% a year over five years.
What is the typical rent in 60015?
A typical home in 60015 rents for about $2,708 a month, a gross rental yield of 4.5%.
What is the property tax rate in 60015?
The effective property tax rate in 60015 is 2.3% — roughly $16,881 a year on a typical home.
Who lives in 60015?
ZIP code 60015 has a population of 28,096 and a median household income of $183,125.

#Comparable ZIPs

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

  • Barrington Hills, IL

    Typical home
    $711,271
    Gross yield
    4.5%
  • Northbrook, IL

    Typical home
    $701,980
    Gross yield
    4.6%
  • River Forest, IL

    Typical home
    $739,794
    Gross yield
  • Naperville, IL

    Typical home
    $697,568
    Gross yield
    4.5%
  • Lincolnshire, IL

    Typical home
    $689,810
    Gross yield
  • Beverly Shores, IN

    Typical home
    $677,815
    Gross yield

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