How much is a home worth in ZIP code 60453?

The typical home in 60453 is worth $286,616, based on the Zillow Home Value Index.

Are home values rising in 60453?

Home values in 60453 are up 6.1% over the past year, and up 5.5% a year over five years.

What is the typical rent in 60453?

A typical home in 60453 rents for about $1,762 a month, a gross rental yield of 7.4%.

What is the property tax rate in 60453?

The effective property tax rate in 60453 is 2.1% — roughly $6,115 a year on a typical home.

ZIP code 60453 has a population of 56,861 and a median household income of $83,911.

HousingHandbookReference data

…

U.S. ZIP Code · IL60453

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

Typical home value

$286,616^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +6.1%
5-year / yr: +5.5%
10-year / yr: +5.9%

Relative price

vs U.S.: ≈ U.S. median
vs metro: -14.9%
vs state: +49.9%

Price history

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

The typical home in 60453 is worth $286,616 — 14.9% below the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have risen 6.1%. Homes here rent for a typical $1,762 a month — a 7.4% 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: $1,762^[2]
Gross yield: 7.4%^[2]
Cap rate: 4.4%^[2]

#Property tax

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

Effective tax rate: 2.1%^[3]
Typical annual tax: $6,115^[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: 56,861^[3]
Median household income: $83,911^[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: 12
Elementary: 8
Middle: 2
High: 2

Oak Lawn Comm High School
High · Grades 9–12 · Oak Lawn CHSD 229
1,862 students
H L Richards High Sch(Campus)
High · Grades 9–12 · CHSD 218
1,695 students
Oak Lawn-Hometown Middle Sch
Middle · Grades 6–8 · Oak Lawn-Hometown SD 123
1,087 students
Simmons Middle School
Middle · Grades 6–8 · Ridgeland SD 122
733 students
Harnew Elem School
Elementary · Grades PK–5 · Ridgeland SD 122
520 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 yield7.4%

Net yield (after ~40% expenses)4.4%

Annual rent$21,142

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$1,449

Loan principal$229,293

Down payment$57,323

Total interest paid$292,450

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 ratio1.25

Monthly cost to own$2,197

Monthly rent$1,762

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: 39th percentile^[1]
Rental yield: 59th percentile^[2]
Property tax: 67th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 60453?: The typical home in 60453 is worth $286,616, based on the Zillow Home Value Index.
Are home values rising in 60453?: Home values in 60453 are up 6.1% over the past year, and up 5.5% a year over five years.
What is the typical rent in 60453?: A typical home in 60453 rents for about $1,762 a month, a gross rental yield of 7.4%.
What is the property tax rate in 60453?: The effective property tax rate in 60453 is 2.1% — roughly $6,115 a year on a typical home.
Who lives in 60453?: ZIP code 60453 has a population of 56,861 and a median household income of $83,911.

#Comparable ZIPs

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

60805 vs 60453 →
Evergreen Park, IL
Typical home
$286,093
Gross yield
9.5%
60110 vs 60453 →
Carpentersville, IL
Typical home
$287,166
Gross yield
9.3%
60416
Coal City, IL
Typical home
$289,163
Gross yield
—
60162
Hillside, IL
Typical home
$283,772
Gross yield
7.6%
60465
Palos Hills, IL
Typical home
$283,502
Gross yield
—
60556
Waterman, IL
Typical home
$290,008
Gross yield
—

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#Jump to section

U.S. ZIP Code · IL60453

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