How much is a home worth in ZIP code 60707?

The typical home in 60707 is worth $342,677, based on the Zillow Home Value Index.

Are home values rising in 60707?

Home values in 60707 are up 1.9% over the past year, and up 3.5% a year over five years.

What is the typical rent in 60707?

A typical home in 60707 rents for about $1,687 a month, a gross rental yield of 5.9%.

What is the property tax rate in 60707?

The effective property tax rate in 60707 is 1.4% — roughly $4,894 a year on a typical home.

ZIP code 60707 has a population of 41,116 and a median household income of $84,799.

HousingHandbookReference data

…

U.S. ZIP Code · IL60707

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

Typical home value

$342,677^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.9%
5-year / yr: +3.5%
10-year / yr: +4.8%

Relative price

vs U.S.: +20.6%
vs metro: +1.7%
vs state: +79.2%

Price history

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

The typical home in 60707 is worth $342,677 — 1.7% above the Chicago-Naperville-Elgin, IL-IN median. Over the past year, values have risen 1.9%. Homes here rent for a typical $1,687 a month — a 5.9% gross rental yield. The effective property tax rate is 1.4%.

#Rent & investment

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

Monthly rent: $1,687^[2]
Gross yield: 5.9%^[2]
Cap rate: 3.5%^[2]

#Property tax

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

Effective tax rate: 1.4%^[3]
Typical annual tax: $4,894^[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: 41,116^[3]
Median household income: $84,799^[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: 4
Middle: 1
High: 1

Elmwood Park High School
High · Grades 9–12 · Elmwood Park CUSD 401
1,022 students
John Mills Elem School
Elementary · Grades PK–5 · Elmwood Park CUSD 401
692 students
Elm Middle School
Middle · Grades 6–8 · Elmwood Park CUSD 401
622 students
Elmwood Elem School
Elementary · Grades K–5 · Elmwood Park CUSD 401
541 students
Acero Chtr Roberto Clemente Elem
Elementary · Grades K–8 · Chicago Public Schools Dist 299
468 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 yield5.9%

Net yield (after ~40% expenses)3.5%

Annual rent$20,240

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$1,733

Loan principal$274,141

Down payment$68,535

Total interest paid$349,652

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 ratio1.44

Monthly cost to own$2,427

Monthly rent$1,687

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: 12th percentile^[1]
Rental yield: 30th percentile^[2]
Property tax: 21st percentile^[3]

Frequently asked

How much is a home worth in ZIP code 60707?: The typical home in 60707 is worth $342,677, based on the Zillow Home Value Index.
Are home values rising in 60707?: Home values in 60707 are up 1.9% over the past year, and up 3.5% a year over five years.
What is the typical rent in 60707?: A typical home in 60707 rents for about $1,687 a month, a gross rental yield of 5.9%.
What is the property tax rate in 60707?: The effective property tax rate in 60707 is 1.4% — roughly $4,894 a year on a typical home.
Who lives in 60707?: ZIP code 60707 has a population of 41,116 and a median household income of $84,799.

#Comparable ZIPs

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

60449 vs 60707 →
Monee, IL
Typical home
$342,461
Gross yield
—
60605 vs 60707 →
Chicago, IL
Typical home
$346,231
Gross yield
9.2%
46383
Valparaiso, IN
Typical home
$346,438
Gross yield
4.9%
60169
Hoffman Estates, IL
Typical home
$347,064
Gross yield
6.9%
60098
Woodstock, IL
Typical home
$337,944
Gross yield
5.5%
60106
Bensenville, IL
Typical home
$347,505
Gross yield
6.3%

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Pit ZIP 60707 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · IL60707

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