Real Estate Investing in Golf, Illinois (60029)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 60029 (Golf, IL)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 54.0 — hard to cash-flow at these prices.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Golf, IL (60029)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 60029 Golf
The 60029 ZIP covers a section of Golf that demands careful diligence. Prices near $1.3M look accessible, but the work to make a deal cash flow is real.
Looking more closely, the numbers look inviting — $1.3M purchase price, 0.0% nominal cap — the work to hit that pro forma in 60029 is substantial and deserves full respect.
Statewide comparisons place 60029 among IL's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The demographic picture in 60029 includes headwinds that any investor should price in. Income distribution skews lower than Golf averages, and tenant stability requires active management.
Distressed ZIPs reward experience. healthy returns are possible in 60029, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Golf:
Market Trends
Home Value History (with trend line)
📊 How Does 60029 Compare?
| Metric | 60029 | Golf | Illinois |
|---|---|---|---|
| Home Value | $1,335,922 | $1,335,922 | $279,761 |
| 5-Year CAGR | 8.2% | 8.2% | 6.6% |
| Avg Rent | $2,061 | $2,061 | - |
| Cap Rate | 1.2% | 1.2% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 60029 (Golf, IL). Anonymous, moderated, never written by AI.
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Property managers serving Cook County
Manage rentals here? List your business →American Property Management of Illinois, Inc. (Associa) provides comprehensive HOA and condominium management services in Chicago and surrounding areas. summary from their website
Blackhawk Realty Management, LLC provides professional property management and real estate services for its multifamily apartment portfolio, founded in 2004. summary from their website
Buckingham Property Management, Inc. offers apartment rentals and management services. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $1,335,922 |
| Monthly Rent | $2,061 |
| Price-to-Rent | 54.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 1.9% |
| Cap Rate | 1.2% |
| 5-Year IRR | 9.4% |
📈 Home Appreciation
| 1-Year | +13.5% ▲ |
| 3-Year CAGR | +8.9% ▲ |
| 5-Year CAGR | +8.2% ▲ |
| 10-Year CAGR | +5.5% ▲ |
🏠 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 (1.2%). 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 60029
Population: 548
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 60029
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Avoca West Elem School
Clarence E Culver School
Fairview South Elementary School
Glen Grove Elem School
Hoffman Elem School
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 1,462 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Do landlords face vacancy issues in Golf, IL?
Rental vacancy in Golf, IL is elevated. Investors should budget normal turnover but not chronic empty units.
Is Golf, IL landlord-friendly?
IL ranks as a landlord-friendly state for landlord-tenant law. Golf generally follows the statewide framework, so landlords face reasonable operating rules.
How much is rent in Golf, IL?
Golf, IL rentals go for roughly $2,061/mo a month. That puts gross yield in solid territory relative to $1.3M acquisition costs.
How qualified is the tenant pool in Golf, IL?
The tenant pool in Golf, IL is solid, supported by local employment and population fundamentals. Rents of $2,061/mo are well-absorbed by the market.
Is Golf, IL a good market for buy-and-hold investors?
Our data puts Golf, IL at 3.0/5 for investability. Home prices of $1.3M and rents around $2,061/mo create a solid backdrop for investor activity.
You know 60029 now. You don’t know where it ranks.
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How 60029 ranks in Chicago-Naperville-Elgin, IL-IN-WI
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