HousingHandbookReference data

U.S. ZIP Code · IL60641

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

Typical home value

$407,662[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+6.3%
5-year / yr
+4.4%
10-year / yr
+5.1%

Relative price

vs U.S.
+43.5%
vs metro
+21.0%
vs state
+113.2%
ZIP 60641 location in IL
Location of ZIP 60641 in IL

Price history

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

The typical home in 60641 is worth $407,662 — 21.0% above the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have risen 6.3%. Homes here rent for a typical $1,710 a month — a 5.0% 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
$1,710[2]
Gross yield
5.0%[2]
Cap rate
3.0%[2]

#Property tax

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

Effective tax rate
1.5%[3]
Typical annual tax
$6,053[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
68,894[3]
Median household income
$83,758[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
12
Elementary
7
Middle
0
High
5
  • Schurz High School

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

    1,344 students

  • Gray Elem School

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

    992 students

  • Intrinsic Charter High School

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

    947 students

  • Portage Park Elem School

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

    894 students

  • Falconer Elem School

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

    847 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 yield5.0%
Net yield (after ~40% expenses)3.0%
Annual rent$20,519

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$2,061
Loan principal$326,130
Down payment$81,532
Total interest paid$415,961

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 ratio1.70
Monthly cost to own$2,904
Monthly rent$1,710

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
19th percentile[1]
Rental yield
13th percentile[2]
Property tax
23rd percentile[3]

Frequently asked

How much is a home worth in ZIP code 60641?
The typical home in 60641 is worth $407,662, based on the Zillow Home Value Index.
Are home values rising in 60641?
Home values in 60641 are up 6.3% over the past year, and up 4.4% a year over five years.
What is the typical rent in 60641?
A typical home in 60641 rents for about $1,710 a month, a gross rental yield of 5.0%.
What is the property tax rate in 60641?
The effective property tax rate in 60641 is 1.5% — roughly $6,053 a year on a typical home.
Who lives in 60641?
ZIP code 60641 has a population of 68,894 and a median household income of $83,758.

#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
    $407,335
    Gross yield
    5.7%
  • Westmont, IL

    Typical home
    $406,877
    Gross yield
    5.6%
  • Virgil, IL

    Typical home
    $408,732
    Gross yield
  • Niles, IL

    Typical home
    $405,347
    Gross yield
    7.7%
  • Woodridge, IL

    Typical home
    $411,477
    Gross yield
    4.6%
  • West Dundee, IL

    Typical home
    $411,592
    Gross yield
    6.8%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 60641 against any other ZIP — full side-by-side table.

Compare 60641

#Jump to section