How much is a home worth in ZIP code 60515?

The typical home in 60515 is worth $503,644, based on the Zillow Home Value Index.

Are home values rising in 60515?

Home values in 60515 are up 7.5% over the past year, and up 6.4% a year over five years.

What is the typical rent in 60515?

A typical home in 60515 rents for about $2,389 a month, a gross rental yield of 5.7%.

What is the property tax rate in 60515?

The effective property tax rate in 60515 is 1.5% — roughly $7,719 a year on a typical home.

ZIP code 60515 has a population of 29,762 and a median household income of $123,197.

HousingHandbookReference data

…

U.S. ZIP Code · IL60515

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

Typical home value

$503,644^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +7.5%
5-year / yr: +6.4%
10-year / yr: +4.2%

Relative price

vs U.S.: +77.3%
vs metro: +49.5%
vs state: +163.4%

Price history

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

The typical home in 60515 is worth $503,644 — 49.5% above the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have risen 7.5%. Homes here rent for a typical $2,389 a month — a 5.7% gross rental yield. The effective property tax rate is 1.5%.

#Rent & investment

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

Monthly rent: $2,389^[2]
Gross yield: 5.7%^[2]
Cap rate: 3.4%^[2]

#Property tax

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

Effective tax rate: 1.5%^[3]
Typical annual tax: $7,719^[3]

#Climate risk

FEMA National Risk Index ratings for DuPage 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: Very Low
Heat wave: Relatively Moderate
Hurricane: Very Low
Tornado: Very High
Earthquake: Relatively Moderate
Winter weather: Relatively High

#Who lives here

Population: 29,762^[3]
Median household income: $123,197^[3]

#Migration

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

Net migration: -3,705^[5]
Moved in: 24,803
Moved out: 28,508

Schools

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

Public schools: 8
Elementary: 6
Middle: 1
High: 1

Comm H S Dist 99 - North H S
High · Grades 9–12 · CHSD 99
2,104 students
Herrick Middle School
Middle · Grades 7–8 · Downers Grove GSD 58
626 students
Lester Elem School
Elementary · Grades PK–6 · Downers Grove GSD 58
546 students
Highland Elem School
Elementary · Grades PK–6 · Downers Grove GSD 58
366 students
Pierce Downer Elem School
Elementary · Grades PK–6 · Downers Grove GSD 58
342 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 yield5.7%

Net yield (after ~40% expenses)3.4%

Annual rent$28,668

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$2,547

Loan principal$402,915

Down payment$100,729

Total interest paid$513,896

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 ratio1.51

Monthly cost to own$3,609

Monthly rent$2,389

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: 63rd percentile^[1]
Rental yield: 24th percentile^[2]
Property tax: 25th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 60515?: The typical home in 60515 is worth $503,644, based on the Zillow Home Value Index.
Are home values rising in 60515?: Home values in 60515 are up 7.5% over the past year, and up 6.4% a year over five years.
What is the typical rent in 60515?: A typical home in 60515 rents for about $2,389 a month, a gross rental yield of 5.7%.
What is the property tax rate in 60515?: The effective property tax rate in 60515 is 1.5% — roughly $7,719 a year on a typical home.
Who lives in 60515?: ZIP code 60515 has a population of 29,762 and a median household income of $123,197.

#Comparable ZIPs

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

60304 vs 60515 →
Oak Park, IL
Typical home
$504,474
Gross yield
3.7%
60124 vs 60515 →
Elgin, IL
Typical home
$502,279
Gross yield
5.6%
60657
Chicago, IL
Typical home
$509,259
Gross yield
5.8%
60516
Downers Grove, IL
Typical home
$497,827
Gross yield
4.9%
60187
Wheaton, IL
Typical home
$497,476
Gross yield
4.9%
60423
Frankfort, IL
Typical home
$496,791
Gross yield
—

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#Jump to section

U.S. ZIP Code · IL60515

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