How much is a home worth in ZIP code 60045?

The typical home in 60045 is worth $1,166,324, based on the Zillow Home Value Index.

Are home values rising in 60045?

Home values in 60045 are up 9.0% over the past year, and up 8.3% a year over five years.

What is the typical rent in 60045?

A typical home in 60045 rents for about $4,038 a month, a gross rental yield of 4.2%.

What is the property tax rate in 60045?

The effective property tax rate in 60045 is 1.6% — roughly $18,264 a year on a typical home.

ZIP code 60045 has a population of 21,074 and a median household income of $233,125.

HousingHandbookReference data

…

U.S. ZIP Code · IL60045

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

Typical home value

$1,166,324^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +9.0%
5-year / yr: +8.3%
10-year / yr: +3.4%

Relative price

vs U.S.: +310.6%
vs metro: +246.1%
vs state: +509.9%

Price history

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

The typical home in 60045 is worth $1,166,324 — 246.1% above the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have risen 9.0%. Homes here rent for a typical $4,038 a month — a 4.2% gross rental yield. The effective property tax rate is 1.6%.

#Rent & investment

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

Monthly rent: $4,038^[2]
Gross yield: 4.2%^[2]
Cap rate: 2.5%^[2]

#Property tax

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

Effective tax rate: 1.6%^[3]
Typical annual tax: $18,264^[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: 21,074^[3]
Median household income: $233,125^[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: 7
Elementary: 4
Middle: 2
High: 1

Lake Forest High School
High · Grades 9–12 · Lake Forest CHSD 115
1,375 students
Deer Path Middle Sch West
Middle · Grades 7–8 · Lake Forest SD 67
382 students
Deer Path Middle Sch East
Middle · Grades 5–6 · Lake Forest SD 67
363 students
Cherokee Elem School
Elementary · Grades K–4 · Lake Forest SD 67
339 students
Everett Elem School
Elementary · Grades K–4 · Lake Forest SD 67
308 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.

Home value$Monthly rent$

Gross yield4.2%

Net yield (after ~40% expenses)2.5%

Annual rent$48,450

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$5,898

Loan principal$933,059

Down payment$233,265

Total interest paid$1,190,065

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio2.08

Monthly cost to own$8,395

Monthly rent$4,038

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: 98th percentile^[1]
Rental yield: 3rd percentile^[2]
Property tax: 26th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 60045?: The typical home in 60045 is worth $1,166,324, based on the Zillow Home Value Index.
Are home values rising in 60045?: Home values in 60045 are up 9.0% over the past year, and up 8.3% a year over five years.
What is the typical rent in 60045?: A typical home in 60045 rents for about $4,038 a month, a gross rental yield of 4.2%.
What is the property tax rate in 60045?: The effective property tax rate in 60045 is 1.6% — roughly $18,264 a year on a typical home.
Who lives in 60045?: ZIP code 60045 has a population of 21,074 and a median household income of $233,125.

#Comparable ZIPs

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

60521 vs 60045 →
Hinsdale, IL
Typical home
$1,213,444
Gross yield
3.8%
60029 vs 60045 →
Golf, IL
Typical home
$1,286,689
Gross yield
—
60523
Oak Brook, IL
Typical home
$991,840
Gross yield
—
60091
Wilmette, IL
Typical home
$975,276
Gross yield
5.2%
60558
Western Springs, IL
Typical home
$882,908
Gross yield
—
60093
Winnetka, IL
Typical home
$1,519,222
Gross yield
1.7%

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Pit ZIP 60045 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · IL60045

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