Real Estate Investing in Bloomingdale, Illinois (60108)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 60108 (Bloomingdale, 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 Bloomingdale, IL (60108)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 60108 Bloomingdale
ZIP 60108 in Bloomingdale, IL carries a significant set of headwinds. Home values near $446K and rents of $2,481/mo sit inside a market where underwriting has to be tight.
Distressed markets are won on execution, not on spreadsheets. ZIP 60108 reports the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader IL picture, 60108 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The 60108 ZIP's population of 23,434 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reports the need for careful underwriting.
Strategically, 60108 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 Bloomingdale:
Property Strategy for 60108
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $194,123 | $1,800 | 6.7% | +8.7% | $194,123 |
| 2BR | $300,359 | $2,030 | 4.9% | +7.9% | $150,179 |
| 3BR | $413,973 | $2,610 | 4.5% | +7.6% | $137,991 |
| 4BR | $531,317 | $3,020 | 4.1% | +7.6% | $132,829 |
| 5BR | $749,469 | — | — | +8.7% | $149,894 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 60108 Compare?
| Metric | 60108 | Bloomingdale | Illinois |
|---|---|---|---|
| Home Value | $446,383 | $446,383 | $279,761 |
| 5-Year CAGR | 6.6% | 6.6% | 6.6% |
| Avg Rent | $2,481 | $2,481 | - |
| Cap Rate | 4.3% | 4.3% | - |
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 60108 (Bloomingdale, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $446,383 |
| Monthly Rent | $2,481 |
| Price-to-Rent | 15.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.7% |
| Cap Rate | 4.3% |
| 5-Year IRR | 10.9% |
📈 Home Appreciation
| 1-Year | +6.9% ▲ |
| 3-Year CAGR | +6.8% ▲ |
| 5-Year CAGR | +6.6% ▲ |
| 10-Year CAGR | +5.3% ▲ |
🏠 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 (4.3%). 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 60108
Population: 23,434
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 60108
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
G Stanley Hall Elem School
Marquardt Middle School
Reskin Elem School
Americana Elementary School
Glen Hill Elementary 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 6,268 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the average home sale price in Bloomingdale, IL?
Typical homes in Bloomingdale, IL go for around $446K. The 5-year CAGR of 0.0% consistent price movement.
What is the typical renter like in Bloomingdale, IL?
Bloomingdale, IL offers a consistent renter base at the $2,481/mo rent level. Tenant turnover is reasonable for well-managed properties.
Is Bloomingdale, IL a friendly market for rental owners?
Bloomingdale, IL falls under IL landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
How strong are rents in Bloomingdale, IL?
The typical rental in Bloomingdale, IL commands about $2,481/mo monthly. That rent profile steady cash flow against the $446K purchase basis.
Can I house hack in Bloomingdale, IL?
Bloomingdale, IL offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $2,481/mo rent level.
You know 60108 now. You don’t know where it ranks.
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How 60108 ranks in Chicago-Naperville-Elgin, IL-IN-WI
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