U.S. ZIP Code · IL60423
Will County · Chicago-Naperville-Elgin, IL-IN
Appreciation
- 1-year
- +3.6%
- 5-year / yr
- +6.3%
- 10-year / yr
- +4.9%
Relative price
- vs U.S.
- +74.9%
- vs metro
- +47.4%
- vs state
- +159.8%
Price history
Zillow Home Value Index — monthly, smoothed and seasonally adjusted.
The typical home in 60423 is worth $496,791 — 47.4% above the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have risen 3.6%. The effective property tax rate is 2.2%.
#Rent & investment
Typical asking rent, and the returns it implies at the current home value.
#Property tax
Effective rate — total real estate taxes paid relative to total home value.
#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
#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
- 11
- Elementary
- 7
- Middle
- 2
- High
- 1
Lincoln-Way East High School
High · Grades 9–12 · Lincoln Way CHSD 210
2,728 students
Hickory Creek Middle School
Middle · Grades 6–8 · Frankfort CCSD 157C
951 students
Chelsea Elem School
Elementary · Grades 3–5 · Frankfort CCSD 157C
889 students
Grand Prairie Elementary School
Elementary · Grades PK–2 · Frankfort CCSD 157C
835 students
Dr Julian Rogus School
Elementary · Grades PK–4 · Summit Hill SD 161
607 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 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.
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.
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.
Frequently asked
- How much is a home worth in ZIP code 60423?
- The typical home in 60423 is worth $496,791, based on the Zillow Home Value Index.
- Are home values rising in 60423?
- Home values in 60423 are up 3.6% over the past year, and up 6.3% a year over five years.
- What is the property tax rate in 60423?
- The effective property tax rate in 60423 is 2.2% — roughly $10,732 a year on a typical home.
- Who lives in 60423?
- ZIP code 60423 has a population of 32,836 and a median household income of $136,730.
#Comparable ZIPs
Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.
Arlington Heights, IL
- Typical home
- $496,570
- Gross yield
- 5.0%
Hoffman Estates, IL
- Typical home
- $496,166
- Gross yield
- —
Wheaton, IL
- Typical home
- $497,476
- Gross yield
- 4.9%
Downers Grove, IL
- Typical home
- $497,827
- Gross yield
- 4.9%
Countryside, IL
- Typical home
- $493,952
- Gross yield
- 5.9%
Ringwood, IL
- Typical home
- $493,731
- Gross yield
- —
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