Real Estate Investing in Lindenhurst, Illinois (60046)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 60046 (Lindenhurst, IL)? Our answer, based on the numbers below.
Strong fundamentals — affordable, appreciating, and stable. A confident pick for primary residence.
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 Lindenhurst, IL (60046)?
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Market Analysis: 60046 Lindenhurst
Investors eyeing 60046 need to respect the fundamentals at play. Home values of $364K come alongside slower price movement and elevated management overhead.
Put differently, the numbers look inviting — $364K purchase price, 0.0% nominal cap — the work to hit that pro forma in 60046 is substantial and deserves full respect.
Within IL, ZIP 60046 trails on several market indicators that neighboring Lake County submarkets outperform. The gap is real and impressive enough to shape underwriting.
A solid renter share of 18% in 60046 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
New investors are better served looking at Lindenhurst's stable or hybrid ZIPs before stepping into 60046. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Lindenhurst:
Property Strategy for 60046
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $239,069 | $2,040 | 6.1% | +10.4% | $119,535 |
| 3BR | $309,660 | $2,630 | 6.1% | +8.8% | $103,220 |
| 4BR | $423,880 | $3,040 | 5.2% | +8.9% | $105,970 |
| 5BR | $504,194 | — | — | +9.0% | $100,839 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 60046 Compare?
| Metric | 60046 | Lindenhurst | Illinois |
|---|---|---|---|
| Home Value | $364,283 | $364,283 | $279,761 |
| 5-Year CAGR | 7.2% | 7.2% | 6.6% |
| Avg Rent | $2,388 | $2,388 | - |
| Cap Rate | 5.1% | 5.1% | - |
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 60046 (Lindenhurst, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $364,283 |
| Monthly Rent | $2,388 |
| Price-to-Rent | 12.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.9% |
| Cap Rate | 5.1% |
| 5-Year IRR | 12.3% |
📈 Home Appreciation
| 1-Year | +9.2% ▲ |
| 3-Year CAGR | +6.7% ▲ |
| 5-Year CAGR | +7.2% ▲ |
| 10-Year CAGR | +6.0% ▲ |
🏠 Rent Trends
| 1-Year | +9.9% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.1%). 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 60046
Population: 34,708
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 60046
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 1,032 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What approach is best for Lindenhurst, IL real estate?
In Lindenhurst, IL the impressive play is typically careful cash-flow rentals with hands-on management. The combination of $364K prices and $2,388/mo rents suits that approach.
What kind of tenants rent in Lindenhurst, IL?
The tenant pool in Lindenhurst, IL is solid, supported by local employment and population fundamentals. Rents of $2,388/mo are well-absorbed by the market.
How strong is Lindenhurst, IL for real estate investors?
Yes - Lindenhurst, IL a 3.0/5 investability score. With $364K home prices against $2,388/mo monthly rent, the market delivers a reasonable entry point for new investors.
Is Lindenhurst, IL suited for a house hack?
Lindenhurst, IL is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $364K price point reasonable to enter.
How much do tenants pay in Lindenhurst, IL?
Rental rates in Lindenhurst, IL average $2,388/mo. Tenant demand and $364K home values make the yield look reasonable by investor standards.
You know 60046 now. You don’t know where it ranks.
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How 60046 ranks in Chicago-Naperville-Elgin, IL-IN-WI
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