How much is a home worth in ZIP code 60060?

The typical home in 60060 is worth $390,597, based on the Zillow Home Value Index.

Are home values rising in 60060?

Home values in 60060 are up 6.3% over the past year, and up 6.5% a year over five years.

What is the typical rent in 60060?

A typical home in 60060 rents for about $2,392 a month, a gross rental yield of 7.3%.

What is the property tax rate in 60060?

The effective property tax rate in 60060 is 2.3% — roughly $9,161 a year on a typical home.

ZIP code 60060 has a population of 37,344 and a median household income of $110,335.

HousingHandbookReference data

…

U.S. ZIP Code · IL60060

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

Typical home value

$390,597^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +6.3%
5-year / yr: +6.5%
10-year / yr: +5.1%

Relative price

vs U.S.: +37.5%
vs metro: +15.9%
vs state: +104.3%

Price history

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

The typical home in 60060 is worth $390,597 — 15.9% above the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have risen 6.3%. Homes here rent for a typical $2,392 a month — a 7.3% 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: $2,392^[2]
Gross yield: 7.3%^[2]
Cap rate: 4.4%^[2]

#Property tax

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

Effective tax rate: 2.3%^[3]
Typical annual tax: $9,161^[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: 37,344^[3]
Median household income: $110,335^[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: 14
Elementary: 6
Middle: 3
High: 1

Mundelein Cons High School
High · Grades 9–12 · Mundelein Cons HSD 120
2,261 students
Fremont Elem School
Elementary · Grades PK–2 · Fremont SD 79
712 students
Fremont Jr High/Middle School
Middle · Grades 6–8 · Fremont SD 79
709 students
Fremont Intermediate School
Elementary · Grades 3–5 · Fremont SD 79
648 students
Carl Sandburg Middle School
Middle · Grades 6–8 · Mundelein ESD 75
533 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 yield7.3%

Net yield (after ~40% expenses)4.4%

Annual rent$28,706

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$1,975

Loan principal$312,478

Down payment$78,119

Total interest paid$398,548

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 ratio1.28

Monthly cost to own$3,065

Monthly rent$2,392

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: 68th percentile^[1]
Rental yield: 58th percentile^[2]
Property tax: 84th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 60060?: The typical home in 60060 is worth $390,597, based on the Zillow Home Value Index.
Are home values rising in 60060?: Home values in 60060 are up 6.3% over the past year, and up 6.5% a year over five years.
What is the typical rent in 60060?: A typical home in 60060 rents for about $2,392 a month, a gross rental yield of 7.3%.
What is the property tax rate in 60060?: The effective property tax rate in 60060 is 2.3% — roughly $9,161 a year on a typical home.
Who lives in 60060?: ZIP code 60060 has a population of 37,344 and a median household income of $110,335.

#Comparable ZIPs

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

60007 vs 60060 →
Elk Grove Village, IL
Typical home
$390,691
Gross yield
5.4%
60544 vs 60060 →
Plainfield, IL
Typical home
$390,217
Gross yield
7.8%
60512
Yorkville, IL
Typical home
$389,110
Gross yield
—
60586
Joliet, IL
Typical home
$392,323
Gross yield
8.7%
60487
Tinley Park, IL
Typical home
$393,526
Gross yield
—
60442
Manhattan, IL
Typical home
$393,791
Gross yield
—

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#Jump to section

U.S. ZIP Code · IL60060

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