HousingHandbookReference data

U.S. ZIP Code · IL60073

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

Typical home value

$274,690[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+4.6%
5-year / yr
+7.5%
10-year / yr
+7.0%

Relative price

vs U.S.
-3.3%
vs metro
-18.5%
vs state
+43.6%
ZIP 60073 location in IL
Location of ZIP 60073 in IL

Price history

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

The typical home in 60073 is worth $274,690 — 18.5% below the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have risen 4.6%. Homes here rent for a typical $2,357 a month — a 10.3% gross rental yield. The effective property tax rate is 2.6%.

#Rent & investment

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

Monthly rent
$2,357[2]
Gross yield
10.3%[2]
Cap rate
6.2%[2]

#Property tax

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

Effective tax rate
2.6%[3]
Typical annual tax
$7,207[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
62,868[3]
Median household income
$98,514[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
13
Elementary
7
Middle
3
High
2
  • Round Lake Senior High School

    High · Grades 9–12 · Round Lake CUSD 116

    2,226 students

  • Round Lake Middle School

    Middle · Grades 6–8 · Round Lake CUSD 116

    788 students

  • Magee Middle School

    Middle · Grades 6–8 · Round Lake CUSD 116

    638 students

  • Raymond Ellis Elem School

    Elementary · Grades 1–5 · Round Lake CUSD 116

    588 students

  • Indian Hill Elem School

    Elementary · Grades 1–5 · Round Lake CUSD 116

    456 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 yield10.3%
Net yield (after ~40% expenses)6.2%
Annual rent$28,287

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$1,389
Loan principal$219,752
Down payment$54,938
Total interest paid$280,282

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 ratio0.94
Monthly cost to own$2,218
Monthly rent$2,357

Owning 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
91st percentile[1]
Rental yield
90th percentile[2]
Property tax
96th percentile[3]

Frequently asked

How much is a home worth in ZIP code 60073?
The typical home in 60073 is worth $274,690, based on the Zillow Home Value Index.
Are home values rising in 60073?
Home values in 60073 are up 4.6% over the past year, and up 7.5% a year over five years.
What is the typical rent in 60073?
A typical home in 60073 rents for about $2,357 a month, a gross rental yield of 10.3%.
What is the property tax rate in 60073?
The effective property tax rate in 60073 is 2.6% — roughly $7,207 a year on a typical home.
Who lives in 60073?
ZIP code 60073 has a population of 62,868 and a median household income of $98,514.

#Comparable ZIPs

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

  • Shabbona, IL

    Typical home
    $274,823
    Gross yield
  • Harvard, IL

    Typical home
    $273,873
    Gross yield
  • Malta, IL

    Typical home
    $273,094
    Gross yield
  • Joliet, IL

    Typical home
    $272,850
    Gross yield
    6.3%
  • Portage, IN

    Typical home
    $272,309
    Gross yield
    6.6%
  • Summit, IL

    Typical home
    $272,218
    Gross yield

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 60073 against any other ZIP — full side-by-side table.

Compare 60073

#Jump to section