Chicago, IL 60615 - Real Estate Investment Insights & Performance Data

Welcome to our 60615 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 60615 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.

• Location Overview

  • Zip Code: 60615
  • City: Chicago
  • State: IL
  • Metro Area: Chicago-Naperville-Elgin, IL-IN-WI
  • County Name: COOK COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $234,391
  • Average Home Price (Single Family Homes): $347,287
  • Average Monthly Rental Price (All Types): $1,854
  • Price-to-Rent Ratio: 11
  • Zillow Projected % appreciation from 4/2023-4/2024: -3.1%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $1,630
  • Average 3 Bedroom Section 8 Rental Rates: $2,070
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 11.98
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 9.44
  • 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%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 220.19
  • Total % Appreciation since 2000 (Government Data): 100.89
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): 2.07%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): -5.33%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 21.19%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 32.53%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 113.43%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 27.52%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 77.66%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 2.93%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 4.17%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 14.43%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 26.37%