HousingHandbookReference data

U.S. ZIP Code · IL60474

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

Typical home value

$193,862[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.7%
5-year / yr
+5.9%
10-year / yr

Relative price

vs U.S.
-31.8%
vs metro
-42.5%
vs state
+1.4%
ZIP 60474 location in IL
Location of ZIP 60474 in IL

Price history

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

The typical home in 60474 is worth $193,862 — 42.5% below the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have risen 2.7%. The effective property tax rate is 1.9%.

#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
1.9%[3]
Typical annual tax
$3,764[3]

#Climate risk

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

Overall risk
Relatively Low[4]
Riverine flood
Relatively Low
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively Low
Hurricane
Very Low
Tornado
Relatively Moderate
Earthquake
Very Low
Winter weather
Relatively Low

#Who lives here

Population
663[3]
Median household income
$85,500[3]

#Migration

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

Net migration
-1[5]
Moved in
1,580
Moved out
1,581

Schools

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

Public schools
1
Elementary
1
Middle
0
High
0
  • South Wilmington Grade School

    Elementary · Grades K–8 · South Wilmington CCSD 74

    86 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 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$980
Loan principal$155,090
Down payment$38,772
Total interest paid$197,808

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$1,455
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
50th percentile[1]
Rental yield
[2]
Property tax
49th percentile[3]

Frequently asked

How much is a home worth in ZIP code 60474?
The typical home in 60474 is worth $193,862, based on the Zillow Home Value Index.
Are home values rising in 60474?
Home values in 60474 are up 2.7% over the past year, and up 5.9% a year over five years.
What is the property tax rate in 60474?
The effective property tax rate in 60474 is 1.9% — roughly $3,764 a year on a typical home.
Who lives in 60474?
ZIP code 60474 has a population of 663 and a median household income of $85,500.

#Comparable ZIPs

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

  • Posen, IL

    Typical home
    $193,609
    Gross yield
  • University Park, IL

    Typical home
    $192,025
    Gross yield
    12.9%
  • Morocco, IN

    Typical home
    $191,903
    Gross yield
  • Lansing, IL

    Typical home
    $197,856
    Gross yield
    9.4%
  • Blue Island, IL

    Typical home
    $199,011
    Gross yield
    7.5%
  • Hammond, IN

    Typical home
    $187,480
    Gross yield
    9.3%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 60474 against any other ZIP — full side-by-side table.

Compare 60474

#Jump to section