How much is a home worth in ZIP code 60914?

The typical home in 60914 is worth $298,449, based on the Zillow Home Value Index.

Are home values rising in 60914?

Home values in 60914 are up 5.1% over the past year, and up 6.9% a year over five years.

What is the typical rent in 60914?

A typical home in 60914 rents for about $1,470 a month, a gross rental yield of 5.9%.

What is the property tax rate in 60914?

The effective property tax rate in 60914 is 2.1% — roughly $6,387 a year on a typical home.

ZIP code 60914 has a population of 28,673 and a median household income of $86,223.

HousingHandbookReference data

…

U.S. ZIP Code · IL60914

Kankakee County · Kankakee, IL

Typical home value

$298,449^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +5.1%
5-year / yr: +6.9%
10-year / yr: +5.6%

Relative price

vs U.S.: +5.1%
vs metro: +18.9%
vs state: +56.1%

Price history

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

The typical home in 60914 is worth $298,449 — 18.9% above the Kankakee, IL median. Over the past year, values have risen 5.1%. Homes here rent for a typical $1,470 a month — a 5.9% gross rental yield. The effective property tax rate is 2.1%.

#Rent & investment

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

Monthly rent: $1,470^[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: 2.1%^[3]
Typical annual tax: $6,387^[3]

#Climate risk

FEMA National Risk Index ratings for Kankakee County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Relatively Low
Heat wave: Relatively Low
Hurricane: Very Low
Tornado: Relatively Moderate
Earthquake: Relatively Low
Winter weather: Relatively Low

#Who lives here

Population: 28,673^[3]
Median household income: $86,223^[3]

#Migration

Household moves in and out of Kankakee County over a year, from IRS tax-return data.

Net migration: -26^[5]
Moved in: 2,134
Moved out: 2,160

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 7
Elementary: 4
Middle: 2
High: 1

Liberty Intermediate School
Middle · Grades 4–6 · Bourbonnais SD 53
743 students
Bourbonnais Upper Grade Center
Middle · Grades 7–8 · Bourbonnais SD 53
488 students
Alan B Shepard Elem School
Elementary · Grades PK–3 · Bourbonnais SD 53
477 students
St George Elem School
Elementary · Grades PK–8 · St George CCSD 258
386 students
Noel Levasseur Elem School
Elementary · Grades PK–3 · Bourbonnais SD 53
340 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$17,643

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$1,509

Loan principal$238,759

Down payment$59,690

Total interest paid$304,524

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 ratio1.56

Monthly cost to own$2,290

Monthly rent$1,470

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: 75th percentile^[1]
Rental yield: 50th percentile^[2]
Property tax: 86th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 60914?: The typical home in 60914 is worth $298,449, based on the Zillow Home Value Index.
Are home values rising in 60914?: Home values in 60914 are up 5.1% over the past year, and up 6.9% a year over five years.
What is the typical rent in 60914?: A typical home in 60914 rents for about $1,470 a month, a gross rental yield of 5.9%.
What is the property tax rate in 60914?: The effective property tax rate in 60914 is 2.1% — roughly $6,387 a year on a typical home.
Who lives in 60914?: ZIP code 60914 has a population of 28,673 and a median household income of $86,223.

#Comparable ZIPs

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

60940 vs 60914 →
Grant Park, IL
Typical home
$291,792
Gross yield
—
60935 vs 60914 →
Essex, IL
Typical home
$289,191
Gross yield
—
60950
Manteno, IL
Typical home
$314,459
Gross yield
4.7%
60913
Bonfield, IL
Typical home
$317,205
Gross yield
—
60941
Herscher, IL
Typical home
$259,903
Gross yield
—
60917
Buckingham, IL
Typical home
$259,846
Gross yield
—

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

Compare ZIPs

Pit ZIP 60914 against any other ZIP — full side-by-side table.

Compare 60914 →

#Jump to section

U.S. ZIP Code · IL60914

Get more data on ZIPs like this

Get more data on ZIPs like this