HousingHandbookReference data

U.S. ZIP Code · IL60477

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

Typical home value

$302,582[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+4.1%
5-year / yr
+5.4%
10-year / yr
+5.2%

Relative price

vs U.S.
+6.5%
vs metro
-10.2%
vs state
+58.2%
ZIP 60477 location in IL
Location of ZIP 60477 in IL

Price history

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

The typical home in 60477 is worth $302,582 — 10.2% below the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have risen 4.1%. Homes here rent for a typical $1,816 a month — a 7.2% gross rental yield. The effective property tax rate is 2.3%.

#Rent & investment

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

Monthly rent
$1,816[2]
Gross yield
7.2%[2]
Cap rate
4.3%[2]

#Property tax

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

Effective tax rate
2.3%[3]
Typical annual tax
$6,906[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
35,976[3]
Median household income
$94,927[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
8
Elementary
5
Middle
2
High
1
  • Tinley Park High School

    High · Grades 9–12 · Bremen CHSD 228

    1,062 students

  • Central Middle School

    Middle · Grades 6–8 · CCSD 146

    754 students

  • Virgil I Grissom Middle School

    Middle · Grades 6–8 · Kirby SD 140

    578 students

  • John A Bannes Elem School

    Elementary · Grades PK–5 · Kirby SD 140

    440 students

  • Helen Keller Elem School

    Elementary · Grades PK–5 · Kirby SD 140

    405 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 yield7.2%
Net yield (after ~40% expenses)4.3%
Annual rent$21,795

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$1,530
Loan principal$242,065
Down payment$60,516
Total interest paid$308,741

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 ratio1.30
Monthly cost to own$2,357
Monthly rent$1,816

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
35th percentile[1]
Rental yield
54th percentile[2]
Property tax
82nd percentile[3]

Frequently asked

How much is a home worth in ZIP code 60477?
The typical home in 60477 is worth $302,582, based on the Zillow Home Value Index.
Are home values rising in 60477?
Home values in 60477 are up 4.1% over the past year, and up 5.4% a year over five years.
What is the typical rent in 60477?
A typical home in 60477 rents for about $1,816 a month, a gross rental yield of 7.2%.
What is the property tax rate in 60477?
The effective property tax rate in 60477 is 2.3% — roughly $6,906 a year on a typical home.
Who lives in 60477?
ZIP code 60477 has a population of 35,976 and a median household income of $94,927.

#Comparable ZIPs

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

  • Chicago, IL

    Typical home
    $302,608
    Gross yield
    7.2%
  • Island Lake, IL

    Typical home
    $302,644
    Gross yield
    7.4%
  • Palatine, IL

    Typical home
    $303,416
    Gross yield
    8.1%
  • Winthrop Harbor, IL

    Typical home
    $303,661
    Gross yield
  • Bridgeview, IL

    Typical home
    $304,266
    Gross yield
  • Northlake, IL

    Typical home
    $304,796
    Gross yield

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