How much is a home worth in ZIP code 60655?

The typical home in 60655 is worth $324,930, based on the Zillow Home Value Index.

Are home values rising in 60655?

Home values in 60655 are up 5.5% over the past year, and up 3.1% a year over five years.

What is the typical rent in 60655?

A typical home in 60655 rents for about $1,795 a month, a gross rental yield of 6.6%.

What is the property tax rate in 60655?

The effective property tax rate in 60655 is 1.5% — roughly $4,886 a year on a typical home.

ZIP code 60655 has a population of 28,434 and a median household income of $114,723.

HousingHandbookReference data

…

U.S. ZIP Code · IL60655

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

Typical home value

$324,930^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +5.5%
5-year / yr: +3.1%
10-year / yr: +3.9%

Relative price

vs U.S.: +14.4%
vs metro: -3.6%
vs state: +69.9%

Price history

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

The typical home in 60655 is worth $324,930 — 3.6% below the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have risen 5.5%. Homes here rent for a typical $1,795 a month — a 6.6% 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: $1,795^[2]
Gross yield: 6.6%^[2]
Cap rate: 4.0%^[2]

#Property tax

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

Effective tax rate: 1.5%^[3]
Typical annual tax: $4,886^[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: 28,434^[3]
Median household income: $114,723^[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: 5
Elementary: 3
Middle: 0
High: 1

Mount Greenwood Elem School
Elementary · Grades PK–8 · Chicago Public Schools Dist 299
1,157 students
Chicago HS for Agricult Sciences
High · Grades 9–12 · Chicago Public Schools Dist 299
832 students
Vick Early Childhood & Family Ctr
Prekindergarten · Grades PK · Chicago Public Schools Dist 299
408 students
Cassell Elem School
Elementary · Grades K–8 · Chicago Public Schools Dist 299
354 students
Keller Elem Gifted Magnet School
Elementary · Grades 1–8 · Chicago Public Schools Dist 299
221 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 yield6.6%

Net yield (after ~40% expenses)4.0%

Annual rent$21,540

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$1,643

Loan principal$259,944

Down payment$64,986

Total interest paid$331,545

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 ratio1.29

Monthly cost to own$2,320

Monthly rent$1,795

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: 11th percentile^[1]
Rental yield: 43rd percentile^[2]
Property tax: 24th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 60655?: The typical home in 60655 is worth $324,930, based on the Zillow Home Value Index.
Are home values rising in 60655?: Home values in 60655 are up 5.5% over the past year, and up 3.1% a year over five years.
What is the typical rent in 60655?: A typical home in 60655 rents for about $1,795 a month, a gross rental yield of 6.6%.
What is the property tax rate in 60655?: The effective property tax rate in 60655 is 1.5% — roughly $4,886 a year on a typical home.
Who lives in 60655?: ZIP code 60655 has a population of 28,434 and a median household income of $114,723.

#Comparable ZIPs

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

60552 vs 60655 →
Somonauk, IL
Typical home
$324,983
Gross yield
—
60016 vs 60655 →
Des Plaines, IL
Typical home
$324,529
Gross yield
7.6%
60051
Johnsburg, IL
Typical home
$324,512
Gross yield
8.8%
60639
Chicago, IL
Typical home
$324,123
Gross yield
5.9%
60107
Streamwood, IL
Typical home
$326,126
Gross yield
8.4%
60548
Sandwich, IL
Typical home
$323,562
Gross yield
4.6%

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#Jump to section

U.S. ZIP Code · IL60655

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