How much is a home worth in ZIP code 60653?

The typical home in 60653 is worth $321,821, based on the Zillow Home Value Index.

Are home values rising in 60653?

Home values in 60653 are down 0.2% over the past year, and down 0.4% a year over five years.

What is the typical rent in 60653?

A typical home in 60653 rents for about $1,980 a month, a gross rental yield of 7.4%.

What is the property tax rate in 60653?

The effective property tax rate in 60653 is 1.2% — roughly $3,962 a year on a typical home.

ZIP code 60653 has a population of 33,383 and a median household income of $40,666.

HousingHandbookReference data

…

U.S. ZIP Code · IL60653

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

Typical home value

$321,821^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -0.2%
5-year / yr: -0.4%
10-year / yr: +3.5%

Relative price

vs U.S.: +13.3%
vs metro: -4.5%
vs state: +68.3%

Price history

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

The typical home in 60653 is worth $321,821 — 4.5% below the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have fallen 0.2%. Homes here rent for a typical $1,980 a month — a 7.4% 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: $1,980^[2]
Gross yield: 7.4%^[2]
Cap rate: 4.4%^[2]

#Property tax

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

Effective tax rate: 1.2%^[3]
Typical annual tax: $3,962^[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: 33,383^[3]
Median household income: $40,666^[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: 13
Elementary: 8
Middle: 0
High: 5

King College Prep High School
High · Grades 9–12 · Chicago Public Schools Dist 299
721 students
Univ of Chicago Chtr-Donoghue
Elementary · Grades PK–5 · Chicago Public Schools Dist 299
499 students
Phillips Academy High School
High · Grades 9–12 · Chicago Public Schools Dist 299
494 students
Perspectives Chtr - IIT Campus
High · Grades 6–12 · Chicago Public Schools Dist 299
405 students
Ariel Elem Community Academy
Elementary · Grades PK–8 · Chicago Public Schools Dist 299
352 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 yield7.4%

Net yield (after ~40% expenses)4.4%

Annual rent$23,765

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$1,627

Loan principal$257,457

Down payment$64,364

Total interest paid$328,372

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 ratio1.12

Monthly cost to own$2,225

Monthly rent$1,980

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: 4th percentile^[1]
Rental yield: 59th percentile^[2]
Property tax: 16th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 60653?: The typical home in 60653 is worth $321,821, based on the Zillow Home Value Index.
Are home values rising in 60653?: Home values in 60653 are down 0.2% over the past year, and down 0.4% a year over five years.
What is the typical rent in 60653?: A typical home in 60653 rents for about $1,980 a month, a gross rental yield of 7.4%.
What is the property tax rate in 60653?: The effective property tax rate in 60653 is 1.2% — roughly $3,962 a year on a typical home.
Who lives in 60653?: ZIP code 60653 has a population of 33,383 and a median household income of $40,666.

#Comparable ZIPs

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

60139 vs 60653 →
Glendale Heights, IL
Typical home
$322,490
Gross yield
7.2%
60401 vs 60653 →
Beecher, IL
Typical home
$320,917
Gross yield
—
60548
Sandwich, IL
Typical home
$323,562
Gross yield
4.6%
60639
Chicago, IL
Typical home
$324,123
Gross yield
5.9%
60446
Romeoville, IL
Typical home
$319,386
Gross yield
7.9%
60051
Johnsburg, IL
Typical home
$324,512
Gross yield
8.8%

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

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Pit ZIP 60653 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · IL60653

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