HousingHandbookReference data

U.S. ZIP Code · IL60417

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

Typical home value

$296,532[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+4.7%
5-year / yr
+6.1%
10-year / yr
+5.9%

Relative price

vs U.S.
+4.4%
vs metro
-12.0%
vs state
+55.1%
ZIP 60417 location in IL
Location of ZIP 60417 in IL

Price history

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

The typical home in 60417 is worth $296,532 — 12.0% below the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have risen 4.7%. 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]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
2.6%[3]
Typical annual tax
$7,666[3]

#Climate risk

FEMA National Risk Index ratings for Will 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 Low
Heat wave
Relatively Moderate
Hurricane
Very Low
Tornado
Very High
Earthquake
Relatively Moderate
Winter weather
Relatively High

#Who lives here

Population
14,901[3]
Median household income
$91,952[3]

#Migration

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

Net migration
-1,518[5]
Moved in
16,610
Moved out
18,128

Schools

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

Public schools
4
Elementary
2
Middle
0
High
1
  • Crete-Monee High School

    High · Grades 9–12 · Crete Monee CUSD 201U

    1,503 students

  • Balmoral Elem Sch

    Elementary · Grades K–5 · Crete Monee CUSD 201U

    462 students

  • Crete Elementary School

    Elementary · Grades K–5 · Crete Monee CUSD 201U

    389 students

  • Crete-Monee Early Childhood Cntr

    Prekindergarten · Grades PK · Crete Monee CUSD 201U

    213 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 yield
Net yield (after ~40% expenses)
Annual rent

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$1,499
Loan principal$237,226
Down payment$59,306
Total interest paid$302,568

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 ratio
Monthly cost to own$2,387
Monthly rent

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
55th percentile[1]
Rental yield
[2]
Property tax
95th percentile[3]

Frequently asked

How much is a home worth in ZIP code 60417?
The typical home in 60417 is worth $296,532, based on the Zillow Home Value Index.
Are home values rising in 60417?
Home values in 60417 are up 4.7% over the past year, and up 6.1% a year over five years.
What is the property tax rate in 60417?
The effective property tax rate in 60417 is 2.6% — roughly $7,666 a year on a typical home.
Who lives in 60417?
ZIP code 60417 has a population of 14,901 and a median household income of $91,952.

#Comparable ZIPs

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

  • Elgin, IL

    Typical home
    $297,530
    Gross yield
    6.4%
  • Berkeley, IL

    Typical home
    $297,804
    Gross yield
  • Schaumburg, IL

    Typical home
    $293,884
    Gross yield
    7.8%
  • Oak Forest, IL

    Typical home
    $293,025
    Gross yield
    7.2%
  • Fox Lake, IL

    Typical home
    $300,102
    Gross yield
  • Cortland, IL

    Typical home
    $291,924
    Gross yield

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