How much is a home worth in ZIP code 60657?

The typical home in 60657 is worth $509,259, based on the Zillow Home Value Index.

Are home values rising in 60657?

Home values in 60657 are up 8.9% over the past year, and up 3.9% a year over five years.

What is the typical rent in 60657?

A typical home in 60657 rents for about $2,444 a month, a gross rental yield of 5.8%.

What is the property tax rate in 60657?

The effective property tax rate in 60657 is 1.6% — roughly $8,390 a year on a typical home.

ZIP code 60657 has a population of 71,904 and a median household income of $110,939.

HousingHandbookReference data

…

U.S. ZIP Code · IL60657

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

Typical home value

$509,259^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +8.9%
5-year / yr: +3.9%
10-year / yr: +2.2%

Relative price

vs U.S.: +79.3%
vs metro: +51.1%
vs state: +166.3%

Price history

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

The typical home in 60657 is worth $509,259 — 51.1% above the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have risen 8.9%. Homes here rent for a typical $2,444 a month — a 5.8% gross rental yield. The effective property tax rate is 1.6%.

#Rent & investment

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

Monthly rent: $2,444^[2]
Gross yield: 5.8%^[2]
Cap rate: 3.5%^[2]

#Property tax

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

Effective tax rate: 1.6%^[3]
Typical annual tax: $8,390^[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: 71,904^[3]
Median household income: $110,939^[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: 6
Elementary: 6
Middle: 0
High: 0

Nettelhorst Elem School
Elementary · Grades PK–8 · Chicago Public Schools Dist 299
650 students
Hawthorne Elem Scholastic Academy
Elementary · Grades K–8 · Chicago Public Schools Dist 299
616 students
Burley Elem School
Elementary · Grades K–8 · Chicago Public Schools Dist 299
499 students
Hamilton Elem School
Elementary · Grades PK–8 · Chicago Public Schools Dist 299
485 students
Jahn Elem School
Elementary · Grades PK–8 · Chicago Public Schools Dist 299
314 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 yield5.8%

Net yield (after ~40% expenses)3.5%

Annual rent$29,326

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$2,575

Loan principal$407,407

Down payment$101,852

Total interest paid$519,626

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 ratio1.51

Monthly cost to own$3,700

Monthly rent$2,444

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: 14th percentile^[1]
Rental yield: 26th percentile^[2]
Property tax: 31st percentile^[3]

Frequently asked

How much is a home worth in ZIP code 60657?: The typical home in 60657 is worth $509,259, based on the Zillow Home Value Index.
Are home values rising in 60657?: Home values in 60657 are up 8.9% over the past year, and up 3.9% a year over five years.
What is the typical rent in 60657?: A typical home in 60657 rents for about $2,444 a month, a gross rental yield of 5.8%.
What is the property tax rate in 60657?: The effective property tax rate in 60657 is 1.6% — roughly $8,390 a year on a typical home.
Who lives in 60657?: ZIP code 60657 has a population of 71,904 and a median household income of $110,939.

#Comparable ZIPs

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

60527 vs 60657 →
Burr Ridge, IL
Typical home
$512,107
Gross yield
4.9%
60304 vs 60657 →
Oak Park, IL
Typical home
$504,474
Gross yield
3.7%
60515
Downers Grove, IL
Typical home
$503,644
Gross yield
5.7%
60124
Elgin, IL
Typical home
$502,279
Gross yield
5.6%
60491
Homer Glen, IL
Typical home
$517,023
Gross yield
—
60516
Downers Grove, IL
Typical home
$497,827
Gross yield
4.9%

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Pit ZIP 60657 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · IL60657

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