Real Estate Investing in Barrington, Illinois (60010)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 60010 (Barrington, IL)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Barrington, IL (60010)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 60010 Barrington
Not every below-median market is a bargain. Barrington's 60010 ZIP comes in at signals that favor experienced operators who can absorb the risk $733K pricing implies.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 60010 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Within IL, ZIP 60010 trails on several market indicators that neighboring Lake County submarkets outperform. The gap is real and sturdy enough to shape underwriting.
Resident income in 60010 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
New investors are better served looking at Barrington's stable or hybrid ZIPs before stepping into 60010. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Barrington:
Property Strategy for 60010
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $343,660 | $2,670 | 5.6% | +7.4% | $171,830 |
| 3BR | $504,288 | $3,440 | 4.9% | +6.6% | $168,096 |
| 4BR | $750,600 | $3,980 | 3.8% | +7.3% | $187,650 |
| 5BR | $1,067,983 | — | — | +8.4% | $213,597 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 60010 Compare?
| Metric | 60010 | Barrington | Illinois |
|---|---|---|---|
| Home Value | $732,992 | $732,992 | $279,761 |
| 5-Year CAGR | 6.2% | 6.2% | 6.6% |
| Avg Rent | $2,669 | $2,669 | - |
| Cap Rate | 2.8% | 2.8% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 60010 (Barrington, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $732,992 |
| Monthly Rent | $2,669 |
| Price-to-Rent | 22.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.8% |
| 5-Year IRR | 9.1% |
📈 Home Appreciation
| 1-Year | +9.3% ▲ |
| 3-Year CAGR | +6.1% ▲ |
| 5-Year CAGR | +6.2% ▲ |
| 10-Year CAGR | +4.0% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.8%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 60010
Population: 45,970
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 60010
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 2,443 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What are home prices like in Barrington, IL?
Expect median prices around $733K in Barrington, IL. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.
What is the typical renter like in Barrington, IL?
Expect a solid tenant pool in Barrington, IL. The rental market absorbs $2,669/mo rents without meaningful friction.
How much do tenants pay in Barrington, IL?
Average rent in Barrington, IL is approximately $2,669/mo per month. Against $733K home values that yields a reasonable rent-to-price ratio.
Which real estate strategy fits Barrington, IL?
Most investors in Barrington, IL run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Does house hacking work in Barrington, IL?
The house hack math a challenging in Barrington, IL. Owner-occupant buyers benefit from the $2,669/mo rents and $733K home values.
You know 60010 now. You don’t know where it ranks.
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How 60010 ranks in Chicago-Naperville-Elgin, IL-IN-WI
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