Welcome to our 60612 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 60612 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: 60612
- 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): $301,820
- Average Home Price (Single Family Homes): $337,736
- Average Monthly Rental Price (All Types): $1,885
- Price-to-Rent Ratio: 13
- Zillow Projected % appreciation from 4/2023-4/2024: -3%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,540
- Average 3 Bedroom Section 8 Rental Rates: $1,950
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 16.33
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 12.9
- 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): 111.7
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 2.04%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): -3.91%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 9.33%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 17.8%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 117.26%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 3.03%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 46.13%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 3.1%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 8.32%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 14.63%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 27.46%