HousingHandbookReference data

U.S. ZIP Code · IL60123

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

Typical home value

$308,388[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.7%
5-year / yr
+7.1%
10-year / yr
+7.0%

Relative price

vs U.S.
+8.6%
vs metro
-8.5%
vs state
+61.3%
ZIP 60123 location in IL
Location of ZIP 60123 in IL

Price history

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

The typical home in 60123 is worth $308,388 — 8.5% below the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have risen 3.7%. Homes here rent for a typical $1,632 a month — a 6.4% gross rental yield. The effective property tax rate is 2.1%.

#Rent & investment

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

Monthly rent
$1,632[2]
Gross yield
6.4%[2]
Cap rate
3.8%[2]

#Property tax

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

Effective tax rate
2.1%[3]
Typical annual tax
$6,341[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
48,379[3]
Median household income
$87,693[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
11
Elementary
7
Middle
2
High
1
  • Larkin High School

    High · Grades 9–12 · SD U-46

    2,274 students

  • Highland Elem School

    Elementary · Grades PK–6 · SD U-46

    625 students

  • Abbott Middle School

    Middle · Grades 7–8 · SD U-46

    560 students

  • Century Oaks Elem School

    Elementary · Grades PK–6 · SD U-46

    536 students

  • Hillcrest Elem School

    Elementary · Grades K–6 · SD U-46

    492 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 yield6.4%
Net yield (after ~40% expenses)3.8%
Annual rent$19,585

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$1,559
Loan principal$246,710
Down payment$61,678
Total interest paid$314,666

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 ratio1.44
Monthly cost to own$2,346
Monthly rent$1,632

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
82nd percentile[1]
Rental yield
37th percentile[2]
Property tax
60th percentile[3]

Frequently asked

How much is a home worth in ZIP code 60123?
The typical home in 60123 is worth $308,388, based on the Zillow Home Value Index.
Are home values rising in 60123?
Home values in 60123 are up 3.7% over the past year, and up 7.1% a year over five years.
What is the typical rent in 60123?
A typical home in 60123 rents for about $1,632 a month, a gross rental yield of 6.4%.
What is the property tax rate in 60123?
The effective property tax rate in 60123 is 2.1% — roughly $6,341 a year on a typical home.
Who lives in 60123?
ZIP code 60123 has a population of 48,379 and a median household income of $87,693.

#Comparable ZIPs

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

  • Schiller Park, IL

    Typical home
    $308,347
    Gross yield
    7.1%
  • River Grove, IL

    Typical home
    $309,391
    Gross yield
    8.0%
  • Plano, IL

    Typical home
    $307,368
    Gross yield
    8.6%
  • Berwyn, IL

    Typical home
    $307,337
    Gross yield
    5.6%
  • Wheeling, IL

    Typical home
    $309,761
    Gross yield
    7.8%
  • Genoa, IL

    Typical home
    $306,981
    Gross yield

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