HousingHandbookReference data

U.S. ZIP Code · IL60118

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

Typical home value

$411,592[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+4.3%
5-year / yr
+6.8%
10-year / yr
+5.8%

Relative price

vs U.S.
+44.9%
vs metro
+22.1%
vs state
+115.2%
ZIP 60118 location in IL
Location of ZIP 60118 in IL

Price history

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

The typical home in 60118 is worth $411,592 — 22.1% above the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have risen 4.3%. Homes here rent for a typical $2,331 a month — a 6.8% 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
$2,331[2]
Gross yield
6.8%[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
$8,992[3]

#Climate risk

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

Overall risk
Relatively High[4]
Riverine flood
Relatively High
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Moderate
Heat wave
Relatively Moderate
Hurricane
Very Low
Tornado
Relatively High
Earthquake
Relatively Low
Winter weather
Relatively Moderate

#Who lives here

Population
15,892[3]
Median household income
$106,912[3]

#Migration

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

Net migration
-974[5]
Moved in
12,944
Moved out
13,918

Schools

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

Public schools
3
Elementary
2
Middle
1
High
0
  • Dundee Middle School

    Middle · Grades 6–8 · CUSD 300

    1,174 students

  • Sleepy Hollow Elem School

    Elementary · Grades K–5 · CUSD 300

    413 students

  • Dundee Highlands Elem School

    Elementary · Grades K–5 · CUSD 300

    362 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 yield6.8%
Net yield (after ~40% expenses)4.1%
Annual rent$27,974

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$2,081
Loan principal$329,274
Down payment$82,318
Total interest paid$419,971

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 ratio1.36
Monthly cost to own$3,172
Monthly rent$2,331

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
77th percentile[1]
Rental yield
46th percentile[2]
Property tax
73rd percentile[3]

Frequently asked

How much is a home worth in ZIP code 60118?
The typical home in 60118 is worth $411,592, based on the Zillow Home Value Index.
Are home values rising in 60118?
Home values in 60118 are up 4.3% over the past year, and up 6.8% a year over five years.
What is the typical rent in 60118?
A typical home in 60118 rents for about $2,331 a month, a gross rental yield of 6.8%.
What is the property tax rate in 60118?
The effective property tax rate in 60118 is 2.2% — roughly $8,992 a year on a typical home.
Who lives in 60118?
ZIP code 60118 has a population of 15,892 and a median household income of $106,912.

#Comparable ZIPs

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

  • Woodridge, IL

    Typical home
    $411,477
    Gross yield
    4.6%
  • Chicago, IL

    Typical home
    $412,079
    Gross yield
    5.1%
  • Big Rock, IL

    Typical home
    $413,111
    Gross yield
  • Shorewood, IL

    Typical home
    $413,208
    Gross yield
  • Gilberts, IL

    Typical home
    $413,663
    Gross yield
  • Algonquin, IL

    Typical home
    $413,788
    Gross yield
    6.8%

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