HousingHandbookReference data

U.S. ZIP Code · IL60433

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

Typical home value

$213,237[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-2.1%
5-year / yr
+5.8%
10-year / yr
+8.3%

Relative price

vs U.S.
-24.9%
vs metro
-36.7%
vs state
+11.5%
ZIP 60433 location in IL
Location of ZIP 60433 in IL

Price history

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

The typical home in 60433 is worth $213,237 — 36.7% below the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have fallen 2.1%. Homes here rent for a typical $1,455 a month — a 8.2% gross rental yield. The effective property tax rate is 2.0%.

#Rent & investment

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

Monthly rent
$1,455[2]
Gross yield
8.2%[2]
Cap rate
4.9%[2]

#Property tax

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

Effective tax rate
2.0%[3]
Typical annual tax
$4,195[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
16,382[3]
Median household income
$66,515[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
8
Elementary
7
Middle
1
High
0
  • Washington Jr High & Academy Prgm

    Middle · Grades 6–8 · Joliet PSD 86

    739 students

  • Laraway School

    Elementary · Grades PK–8 · Laraway CCSD 70C

    470 students

  • T E Culbertson Elem School

    Elementary · Grades K–5 · Joliet PSD 86

    407 students

  • Edna Keith Elem School

    Elementary · Grades K–5 · Joliet PSD 86

    402 students

  • Woodland Elem School

    Elementary · Grades K–5 · Joliet PSD 86

    391 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 yield8.2%
Net yield (after ~40% expenses)4.9%
Annual rent$17,460

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$1,078
Loan principal$170,590
Down payment$42,647
Total interest paid$217,578

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 ratio1.10
Monthly cost to own$1,606
Monthly rent$1,455

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
48th percentile[1]
Rental yield
72nd percentile[2]
Property tax
51st percentile[3]

Frequently asked

How much is a home worth in ZIP code 60433?
The typical home in 60433 is worth $213,237, based on the Zillow Home Value Index.
Are home values rising in 60433?
Home values in 60433 are down 2.1% over the past year, and up 5.8% a year over five years.
What is the typical rent in 60433?
A typical home in 60433 rents for about $1,455 a month, a gross rental yield of 8.2%.
What is the property tax rate in 60433?
The effective property tax rate in 60433 is 2.0% — roughly $4,195 a year on a typical home.
Who lives in 60433?
ZIP code 60433 has a population of 16,382 and a median household income of $66,515.

#Comparable ZIPs

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

  • North Chicago, IL

    Typical home
    $214,686
    Gross yield
  • Chicago, IL

    Typical home
    $215,043
    Gross yield
    8.6%
  • Chicago, IL

    Typical home
    $215,777
    Gross yield
    9.1%
  • Wheeler CDP, IN

    Typical home
    $216,235
    Gross yield
  • Richton Park, IL

    Typical home
    $216,584
    Gross yield
    9.6%
  • Hometown, IL

    Typical home
    $209,271
    Gross yield

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