HousingHandbookReference data

U.S. ZIP Code · IL60615

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

Typical home value

$254,254[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.0%
5-year / yr
+1.1%
10-year / yr
+3.4%

Relative price

vs U.S.
-10.5%
vs metro
-24.5%
vs state
+33.0%
ZIP 60615 location in IL
Location of ZIP 60615 in IL

Price history

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

The typical home in 60615 is worth $254,254 — 24.5% below the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have risen 2.0%. Homes here rent for a typical $2,057 a month — a 9.7% 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
$2,057[2]
Gross yield
9.7%[2]
Cap rate
5.8%[2]

#Property tax

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

Effective tax rate
1.5%[3]
Typical annual tax
$3,917[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
42,975[3]
Median household income
$63,876[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
10
Elementary
6
Middle
0
High
4
  • Kenwood Academy High School

    High · Grades 7–12 · Chicago Public Schools Dist 299

    2,337 students

  • Walter Henri Dyett HS for Arts

    High · Grades 9–12 · Chicago Public Schools Dist 299

    535 students

  • Murray Elem Language Academy

    Elementary · Grades K–8 · Chicago Public Schools Dist 299

    458 students

  • Shoesmith Elem School

    Elementary · Grades K–6 · Chicago Public Schools Dist 299

    335 students

  • Bronzeville Academy Charter Sch

    Elementary · Grades K–8 · Bronzeville Academy Chtr School

    332 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 yield9.7%
Net yield (after ~40% expenses)5.8%
Annual rent$24,680

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$1,286
Loan principal$203,403
Down payment$50,851
Total interest paid$259,429

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 ratio0.89
Monthly cost to own$1,824
Monthly rent$2,057

Owning 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
7th percentile[1]
Rental yield
88th percentile[2]
Property tax
25th percentile[3]

Frequently asked

How much is a home worth in ZIP code 60615?
The typical home in 60615 is worth $254,254, based on the Zillow Home Value Index.
Are home values rising in 60615?
Home values in 60615 are up 2.0% over the past year, and up 1.1% a year over five years.
What is the typical rent in 60615?
A typical home in 60615 rents for about $2,057 a month, a gross rental yield of 9.7%.
What is the property tax rate in 60615?
The effective property tax rate in 60615 is 1.5% — roughly $3,917 a year on a typical home.
Who lives in 60615?
ZIP code 60615 has a population of 42,975 and a median household income of $63,876.

#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
    $254,659
    Gross yield
    8.3%
  • DeKalb, IL

    Typical home
    $257,616
    Gross yield
    5.7%
  • Maywood, IL

    Typical home
    $250,454
    Gross yield
    6.1%
  • Griffith, IN

    Typical home
    $249,933
    Gross yield
    6.3%
  • Homewood, IL

    Typical home
    $248,937
    Gross yield
    12.8%
  • Bellwood, IL

    Typical home
    $248,538
    Gross yield
    8.4%

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