HousingHandbookReference data

U.S. ZIP Code · IL60418

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

Typical home value

$183,150[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-2.8%
5-year / yr
+0.3%
10-year / yr
+2.3%

Relative price

vs U.S.
-35.5%
vs metro
-45.6%
vs state
-4.2%
ZIP 60418 location in IL
Location of ZIP 60418 in IL

Price history

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

The typical home in 60418 is worth $183,150 — 45.6% below the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have fallen 2.8%. The effective property tax rate is 1.7%.

#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
1.7%[3]
Typical annual tax
$3,094[3]

#Climate risk

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

Overall risk
Very High[4]
Riverine flood
Very High
Coastal flood
Relatively Low
Wildfire
Very Low
Drought
Very Low
Heat wave
Very High
Hurricane
Very Low
Tornado
Very High
Earthquake
Relatively High
Winter weather
Very High

#Who lives here

Population
10,572[3]
Median household income
$75,752[3]

#Migration

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

Net migration
-14,346[5]
Moved in
86,012
Moved out
100,358

Schools

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

Public schools
4
Elementary
1
Middle
0
High
1
  • Turner Elem School

    Elementary · Grades PK–K · Posen-Robbins ESD 143-5

    145 students

  • Delta Learning Center

    High · Grades 9–12 · CHSD 218

    0 students

  • Care Program

    Not reported · Grades M · Eisenhower Cooperative

  • Eisenhower Coop-DHH Program

    Not reported · Grades M · Eisenhower Cooperative

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$926
Loan principal$146,520
Down payment$36,630
Total interest paid$186,878

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$1,337
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
5th percentile[1]
Rental yield
[2]
Property tax
33rd percentile[3]

Frequently asked

How much is a home worth in ZIP code 60418?
The typical home in 60418 is worth $183,150, based on the Zillow Home Value Index.
Are home values rising in 60418?
Home values in 60418 are down 2.8% over the past year, and up 0.3% a year over five years.
What is the property tax rate in 60418?
The effective property tax rate in 60418 is 1.7% — roughly $3,094 a year on a typical home.
Who lives in 60418?
ZIP code 60418 has a population of 10,572 and a median household income of $75,752.

#Comparable ZIPs

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

  • Hammond, IN

    Typical home
    $180,699
    Gross yield
    9.5%
  • Thornton, IL

    Typical home
    $180,489
    Gross yield
  • Shelby CDP, IN

    Typical home
    $185,878
    Gross yield
  • Schneider, IN

    Typical home
    $178,956
    Gross yield
  • Chicago, IL

    Typical home
    $187,404
    Gross yield
    13.3%
  • Chicago, IL

    Typical home
    $178,851
    Gross yield
    9.8%

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