How much is a home worth in ZIP code 60624?

The typical home in 60624 is worth $215,777, based on the Zillow Home Value Index.

Are home values rising in 60624?

Home values in 60624 are up 6.2% over the past year, and up 0.9% a year over five years.

What is the typical rent in 60624?

A typical home in 60624 rents for about $1,641 a month, a gross rental yield of 9.1%.

What is the property tax rate in 60624?

The effective property tax rate in 60624 is 1.2% — roughly $2,575 a year on a typical home.

ZIP code 60624 has a population of 35,263 and a median household income of $34,030.

HousingHandbookReference data

…

U.S. ZIP Code · IL60624

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

Typical home value

$215,777^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +6.2%
5-year / yr: +0.9%
10-year / yr: +6.1%

Relative price

vs U.S.: -24.0%
vs metro: -36.0%
vs state: +12.8%

Price history

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

The typical home in 60624 is worth $215,777 — 36.0% below the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have risen 6.2%. Homes here rent for a typical $1,641 a month — a 9.1% gross rental yield. The effective property tax rate is 1.2%.

#Rent & investment

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

Monthly rent: $1,641^[2]
Gross yield: 9.1%^[2]
Cap rate: 5.5%^[2]

#Property tax

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

Effective tax rate: 1.2%^[3]
Typical annual tax: $2,575^[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: 35,263^[3]
Median household income: $34,030^[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: 19
Elementary: 13
Middle: 0
High: 6

Westinghouse High School
High · Grades 9–12 · Chicago Public Schools Dist 299
1,237 students
KIPP One Academy
Elementary · Grades K–8 · Chicago Public Schools Dist 299
1,025 students
LEARN Chtr - Butler
Elementary · Grades K–8 · Chicago Public Schools Dist 299
458 students
Noble St Chtr-DRW Trading Col
High · Grades 9–12 · Chicago Public Schools Dist 299
372 students
Polaris Elem Charter Academy
Elementary · Grades K–8 · Chicago Public Schools Dist 299
336 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 yield9.1%

Net yield (after ~40% expenses)5.5%

Annual rent$19,694

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$1,091

Loan principal$172,621

Down payment$43,155

Total interest paid$220,169

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 ratio0.90

Monthly cost to own$1,485

Monthly rent$1,641

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: 6th percentile^[1]
Rental yield: 82nd percentile^[2]
Property tax: 15th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 60624?: The typical home in 60624 is worth $215,777, based on the Zillow Home Value Index.
Are home values rising in 60624?: Home values in 60624 are up 6.2% over the past year, and up 0.9% a year over five years.
What is the typical rent in 60624?: A typical home in 60624 rents for about $1,641 a month, a gross rental yield of 9.1%.
What is the property tax rate in 60624?: The effective property tax rate in 60624 is 1.2% — roughly $2,575 a year on a typical home.
Who lives in 60624?: ZIP code 60624 has a population of 35,263 and a median household income of $34,030.

#Comparable ZIPs

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

46393 vs 60624 →
Wheeler CDP, IN
Typical home
$216,235
Gross yield
—
60623 vs 60624 →
Chicago, IL
Typical home
$215,043
Gross yield
8.6%
60471
Richton Park, IL
Typical home
$216,584
Gross yield
9.6%
60064
North Chicago, IL
Typical home
$214,686
Gross yield
—
60644
Chicago, IL
Typical home
$217,217
Gross yield
7.5%
60433
Joliet, IL
Typical home
$213,237
Gross yield
8.2%

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Pit ZIP 60624 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · IL60624

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