How much is a home worth in ZIP code 60428?

The typical home in 60428 is worth $152,867, based on the Zillow Home Value Index.

Are home values rising in 60428?

Home values in 60428 are up 1.6% over the past year, and up 5.3% a year over five years.

What is the typical rent in 60428?

A typical home in 60428 rents for about $2,500 a month, a gross rental yield of 19.6%.

What is the property tax rate in 60428?

The effective property tax rate in 60428 is 2.1% — roughly $3,194 a year on a typical home.

ZIP code 60428 has a population of 10,927 and a median household income of $60,000.

HousingHandbookReference data

…

U.S. ZIP Code · IL60428

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

Typical home value

$152,867^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.6%
5-year / yr: +5.3%
10-year / yr: +11.7%

Relative price

vs U.S.: -46.2%
vs metro: -54.6%
vs state: -20.1%

Price history

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

The typical home in 60428 is worth $152,867 — 54.6% below the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have risen 1.6%. Homes here rent for a typical $2,500 a month — a 19.6% 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: $2,500^[2]
Gross yield: 19.6%^[2]
Cap rate: 11.8%^[2]

#Property tax

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

Effective tax rate: 2.1%^[3]
Typical annual tax: $3,194^[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: 10,927^[3]
Median household income: $60,000^[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: 5
Elementary: 3
Middle: 1
High: 0

Prairie-Hills Junior High School
Middle · Grades 6–8 · Prairie-Hills ESD 144
820 students
Barack H Obama Learning Academy
Elementary · Grades PK–8 · Hazel Crest SD 152-5
443 students
Markham Park Elem School
Elementary · Grades PK–5 · Prairie-Hills ESD 144
290 students
Prairie-Hills STEAM Academy
Elementary · Grades PK–4 · Prairie-Hills ESD 144
105 students
Primary Learning Center
Prekindergarten · Grades PK · Prairie-Hills ESD 144
12 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.

Home value$Monthly rent$

Gross yield19.6%

Net yield (after ~40% expenses)11.8%

Annual rent$30,000

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$773

Loan principal$122,294

Down payment$30,573

Total interest paid$155,979

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.47

Monthly cost to own$1,167

Monthly rent$2,500

Owning 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: 35th percentile^[1]
Rental yield: 100th percentile^[2]
Property tax: 63rd percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 60428?: The typical home in 60428 is worth $152,867, based on the Zillow Home Value Index.
Are home values rising in 60428?: Home values in 60428 are up 1.6% over the past year, and up 5.3% a year over five years.
What is the typical rent in 60428?: A typical home in 60428 rents for about $2,500 a month, a gross rental yield of 19.6%.
What is the property tax rate in 60428?: The effective property tax rate in 60428 is 2.1% — roughly $3,194 a year on a typical home.
Who lives in 60428?: ZIP code 60428 has a population of 10,927 and a median household income of $60,000.

#Comparable ZIPs

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

46403 vs 60428 →
Gary, IN
Typical home
$153,191
Gross yield
10.2%
60466 vs 60428 →
Park Forest, IL
Typical home
$153,354
Gross yield
15.6%
60419
Dolton, IL
Typical home
$153,880
Gross yield
16.5%
60409
Calumet City, IL
Typical home
$154,824
Gross yield
13.0%
46327
Hammond, IN
Typical home
$156,002
Gross yield
—
60628
Chicago, IL
Typical home
$149,199
Gross yield
12.4%

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#Jump to section

U.S. ZIP Code · IL60428

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