Real Estate Investing in Winnetka, Illinois (60093)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 60093 (Winnetka, IL)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 9.1% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 65.5 — hard to cash-flow at these prices.
What’s happening in Winnetka, IL (60093)?
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Market Analysis: 60093 Winnetka
Investors eyeing 60093 need to respect the fundamentals at play. Home values of $1.6M come alongside slower price movement and elevated management overhead.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $1.6M asset, 60093 is the wrong submarket. If the plan prices in friction, the yield can still work.
Regionally, 60093 sits on the difficult end of the IL spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.
Resident income in 60093 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Strategically, 60093 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Winnetka:
Property Strategy for 60093
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $259,147 | $2,140 | 5.9% | +7.4% | $259,147 |
| 2BR | $459,524 | $2,410 | 3.8% | +6.4% | $229,762 |
| 3BR | $779,635 | $3,100 | 2.9% | +6.9% | $259,878 |
| 4BR | $1,311,887 | $3,590 | 2.0% | +8.7% | $327,972 |
| 5BR | $2,211,654 | — | — | +8.9% | $442,331 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 60093 Compare?
| Metric | 60093 | Winnetka | Illinois |
|---|---|---|---|
| Home Value | $1,579,037 | $1,579,037 | $279,761 |
| 5-Year CAGR | 9.1% | 9.1% | 6.6% |
| Avg Rent | $2,010 | $2,010 | - |
| Cap Rate | 1.0% | 1.0% | - |
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 60093 (Winnetka, 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 | $1,579,037 |
| Monthly Rent | $2,010 |
| Price-to-Rent | 65.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 1.5% |
| Cap Rate | 1.0% |
| 5-Year IRR | 10.1% |
📈 Home Appreciation
| 1-Year | +15.3% ▲ |
| 3-Year CAGR | +8.8% ▲ |
| 5-Year CAGR | +9.1% ▲ |
| 10-Year CAGR | +5.1% ▲ |
🏠 Rent Trends
| 1-Year | -9.2% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.0%). 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 60093
Population: 20,156
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 60093
Schools in This ZIP Code
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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
Frequently Asked Questions
What price range are homes in Winnetka, IL?
Winnetka, IL median home values land near $1.6M. That is reasonable territory for investors looking at $2,010/mo-per-month rentals.
What is the typical rental rate in Winnetka, IL?
Rental rates in Winnetka, IL average $2,010/mo. Tenant demand and $1.6M home values make the yield look reasonable by investor standards.
Does house hacking work in Winnetka, IL?
Winnetka, IL offers a tougher house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $2,010/mo rent level.
How strict are landlord regulations in Winnetka, IL?
The landlord environment in Winnetka, IL is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
What kind of tenants rent in Winnetka, IL?
Working renters make up the core of the Winnetka, IL tenant base. The pool is reasonable for investors targeting long-term holds.
You know 60093 now. You don’t know where it ranks.
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How 60093 ranks in Chicago-Naperville-Elgin, IL-IN-WI
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