Welcome to our 60611 real estate data hub, tailored for investors in Chicago, IL. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 60611 in Chicago, IL. Discover Section 8 housing opportunities and challenges to maximize your investment potential in COOK COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Chicago, IL real estate investing. Uncover the wealth of information available, and position yourself for success in the Chicago property market.
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Location Overview
- Zip Code: 60611
- City: Chicago
- State: IL
- Metro Area: Chicago-Naperville-Elgin, IL-IN-WI
- County Name: COOK COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $308,935
- Average Home Price (Single Family Homes): $437,314
- Average Monthly Rental Price (All Types): $2,444
- Price-to-Rent Ratio: 11
- Zillow Projected % appreciation from 4/2023-4/2024: -2.2%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $2,160
- Average 3 Bedroom Section 8 Rental Rates: $2,740
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 11.92
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 9.4
- Number of Units Offered in Section 8 in the County: 43099
- Number of Occupied Units in Section 8 in the County: 40727
- Percentage of Section 8 Units Occupied in the County: 94.5%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): Not Available
- Total % Appreciation since 2000 (Government Data): Not Available
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -0.58%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): -4.08%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 1.51%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): -3.99%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 13.32%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): -6.34%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 11.95%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 3.92%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 7.17%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 14.5%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 17.92%