HousingHandbookReference data

U.S. ZIP Code · IL60621

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

Typical home value

$123,228[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-2.6%
5-year / yr
+4.0%
10-year / yr
+9.8%

Relative price

vs U.S.
-56.6%
vs metro
-63.4%
vs state
-35.6%
ZIP 60621 location in IL
Location of ZIP 60621 in IL

Price history

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

The typical home in 60621 is worth $123,228 — 63.4% below the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have fallen 2.6%. Homes here rent for a typical $1,553 a month — a 15.1% gross rental yield. The effective property tax rate is 1.0%.

#Rent & investment

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

Monthly rent
$1,553[2]
Gross yield
15.1%[2]
Cap rate
9.1%[2]

#Property tax

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

Effective tax rate
1.0%[3]
Typical annual tax
$1,271[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
28,301[3]
Median household income
$31,905[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
16
Elementary
12
Middle
0
High
4
  • KIPP Chicago Chrtrs Bloom Campus

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

    914 students

  • Englewood STEM High School

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

    764 students

  • Noble St Chtr-Johnson Colg Prep

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

    477 students

  • Nicholson Tech Acad Elem Sch

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

    445 students

  • Stagg Elem School

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

    389 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 yield15.1%
Net yield (after ~40% expenses)9.1%
Annual rent$18,635

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$623
Loan principal$98,583
Down payment$24,646
Total interest paid$125,737

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 ratio0.54
Monthly cost to own$832
Monthly rent$1,553

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
16th percentile[1]
Rental yield
97th percentile[2]
Property tax
12th percentile[3]

Frequently asked

How much is a home worth in ZIP code 60621?
The typical home in 60621 is worth $123,228, based on the Zillow Home Value Index.
Are home values rising in 60621?
Home values in 60621 are down 2.6% over the past year, and up 4.0% a year over five years.
What is the typical rent in 60621?
A typical home in 60621 rents for about $1,553 a month, a gross rental yield of 15.1%.
What is the property tax rate in 60621?
The effective property tax rate in 60621 is 1.0% — roughly $1,271 a year on a typical home.
Who lives in 60621?
ZIP code 60621 has a population of 28,301 and a median household income of $31,905.

#Comparable ZIPs

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

  • Riverdale, IL

    Typical home
    $128,151
    Gross yield
    11.8%
  • East Chicago, IN

    Typical home
    $129,997
    Gross yield
    9.2%
  • Robbins, IL

    Typical home
    $115,141
    Gross yield
  • Gary, IN

    Typical home
    $111,379
    Gross yield
    14.5%
  • Chicago, IL

    Typical home
    $135,094
    Gross yield
    13.6%
  • Chicago, IL

    Typical home
    $139,272
    Gross yield
    12.0%

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