Real Estate Investing in Fox River Grove, Illinois (60021)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

McHenry County • Population: 5,108 • Data updated: September 2026

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Should you buy in 60021 (Fox River Grove, IL)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (80/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Fox River Grove, IL (60021)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $366,737
Avg Monthly Rent $2,100
1% Rule ✗ Does Not Meet
Median Income $116,626
% Renters 16.4%

Market Analysis: 60021 Fox River Grove

Not every below-median market is a bargain. Fox River Grove's 60021 ZIP reflects signals that favor experienced operators who can absorb the risk $367K pricing implies.

The investment case in 60021 is significant only for operators who understand what they are buying. A $367K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

ZIP 60021's metrics run below McHenry County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.

Resident income in 60021 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.

The 60021 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Fox River Grove:

B Good
Buy Confidence Score: 77/100
Affordability
20/25
Appreciation
25/25
Stability
9/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.1× the median income
Value Trend
Rising (+7.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,100/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 60021

Which property type performs best in this market?

Best for Cash Flow
3BR
7.3% cap rate
Best for Appreciation
2BR
+9.8% 5yr CAGR
Best Overall Value
4BR
$109,092/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $265,652 $2,670 7.2% +9.8% $132,826
3BR $339,449 $3,440 7.3% +9.1% $113,150
4BR $436,366 $3,980 6.6% +8.7% $109,092
5BR $552,306 +8.1% $110,461

Market Trends

Home Value History (with trend line)

$382K$338K$294K$249K$205K$160KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$2,116$2,070$2,023$1,977$1,930$1,884Oct 2025Mar 2026Jul 2026

📊 How Does 60021 Compare?

Metric 60021 Fox River Grove Illinois
Home Value $366,737 $366,737 $279,761
5-Year CAGR 7.3% 7.3% 6.6%
Avg Rent $2,100 $2,100 -
Cap Rate 4.5% 4.5% -
💡 Why Invest in 60021? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 60021 (Fox River Grove, IL). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.5%
Fair
5yr Growth
+7.3%
Strong

📊 Market Snapshot

Home Value $366,737
Monthly Rent $2,100
Price-to-Rent 14.6:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.9%
Cap Rate 4.5%
5-Year IRR 11.8%

📈 Home Appreciation

1-Year +7.2% ▲
3-Year CAGR +6.5% ▲
5-Year CAGR +7.3% ▲
10-Year CAGR +5.8% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.5%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.5%). 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.

Vacancy
6.3%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+7.3%
Growing
Eviction process: Fast Rent control: Favorable

Demographics in 60021

Population: 5,108

💰 Median Household Income
$116,626
This area
$116,626
State
$75,721
USA
$74,580
🏠 Renter Occupied
16.4%
This area
16.4%
State
22.2%
USA
34.0%
💼 Unemployment Rate
2.7%
This area
2.7%
State
-3.3%
USA
3.7%
🎓 College Educated
45.1%
This area
45.1%
State
16.4%
USA
33.7%
👤 Median Age
42.5 years
This area
42.5 years
State
32.6 years
USA
38.9 years
🏚️ Vacancy Rate
6.3%
This area
6.3%
State
11.6%
USA
10.5%
👥 Population by Ethnicity
White 86.6%
Other/Mixed 10.5%
Hispanic/Latino 9.5%
Asian 2.9%
👶 Under 18
21.6%
This area
21.6%
USA
22.0%
👴 65 and Over
12.9%
This area
12.9%
USA
17.3%
📊 Poverty Rate
0.0%
This area
0.0%
USA
11.5%

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 60021

A Avg School Grade
2 Schools
11.6:1 Avg Class Size
$18,551 Avg Per Pupil

Schools in This ZIP Code

A Very Good

Fox River Grove Middle School

📚 05 – 08 School
👥
185 Students
👨‍🏫
10.9:1 Class Size
💰
$18,551 Per Student
A Very Good

Algonquin Road Elem School

📚 Pre-K – 04 Elementary
👥
244 Students
👨‍🏫
12.2:1 Class Size
💰
$18,551 Per Student

Nearby Schools (5 more)

Schools in adjacent ZIP codes that may serve this area

A+ Excellent

Three Oaks School

📚 K – 05 Elementary
📍 1514 3 Oaks Rd, Cary
👥
439 Students
👨‍🏫
10.9:1 Class Size
💰
$17,133 Per Student
A+ Excellent

Cary Jr High School

📚 06 – 08 Middle
📍 2109 Crystal Lake Rd, Cary
👥
745 Students
👨‍🏫
12.2:1 Class Size
💰
$17,133 Per Student
A+ Excellent

Deer Path Elem School

📚 K – 05 Elementary
📍 2211 Crystal Lake Rd, Cary
👥
447 Students
👨‍🏫
13.3:1 Class Size
💰
$17,133 Per Student
A Very Good

Oak Knoll Early Childhood Center

📚 Pre-K – K Elementary
📍 409 1St St, Cary
👥
277 Students
👨‍🏫
12.8:1 Class Size
💰
$17,133 Per Student
A Very Good

Briargate Elem School

📚 01 – 05 Elementary
📍 100 S Wulff St, Cary
👥
425 Students
👨‍🏫
15.1:1 Class Size
💰
$17,133 Per Student
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

8 Nearby 6,244 Off-Campus Students
C
Cosmetology & Spa Academy
377 students · 5.4 mi
D
First Institute of Travel, Inc.
274 students · 6.5 mi
C
Ambria College of Nursing
195 students · 8.3 mi
C
McHenry County College
9,051 students · 8.9 mi
C
Judson University
1,058 students · 10.0 mi
C+
William Rainey Harper College
13,069 students · 10.8 mi
C
G Skin & Beauty Institute
494 students · 11.5 mi
C
University of Saint Mary of the Lake
203 students · 12.6 mi

Investor Insight: With 6,244 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What strategy should investors use in Fox River Grove, IL?

A careful cash-flow rentals with hands-on management strategy Fox River Grove, IL best. The market produces steady results for that approach at the $367K price point.

Is Fox River Grove, IL a good market for buy-and-hold investors?

Our data puts Fox River Grove, IL at 3.0/5 for investability. Home prices of $367K and rents around $2,100/mo create a solid backdrop for investor activity.

What are vacancy rates like in Fox River Grove, IL?

Vacancy in Fox River Grove, IL is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $2,100/mo.

Are eviction rules reasonable in Fox River Grove, IL?

Fox River Grove, IL falls under IL landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.

How much should I expect to pay for a home in Fox River Grove, IL?

Expect median prices around $367K in Fox River Grove, IL. The market has run at a 0.0% 5-year CAGR, so entry costs have been steady.

You know 60021 now. You don’t know where it ranks.

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How 60021 ranks in Chicago-Naperville-Elgin, IL-IN-WI

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Cash Flow → Appreciation → Affordable → 1% Rule →
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