Real Estate Investing in Lombard, Illinois (60148)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 60148 (Lombard, 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 Lombard, IL (60148)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 60148 Lombard
Investors eyeing 60148 need to respect the fundamentals at play. Home values of $395K come alongside slower price movement and elevated management overhead.
From a cash-flow lens, the numbers look inviting — $395K purchase price, 0.0% nominal cap — the work to hit that pro forma in 60148 is substantial and deserves full respect.
Regionally, 60148 sits on the difficult end of the IL spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.
Put differently, 52,358 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
The 60148 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.
Here's what matters if you're considering buying a home in Lombard:
Property Strategy for 60148
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $165,715 | $1,940 | 8.4% | +8.1% | $165,715 |
| 2BR | $293,416 | $2,190 | 5.4% | +8.7% | $146,708 |
| 3BR | $388,892 | $2,820 | 5.2% | +6.9% | $129,631 |
| 4BR | $473,427 | $3,260 | 5.0% | +6.6% | $118,357 |
| 5BR | $583,419 | — | — | +7.2% | $116,684 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 60148 Compare?
| Metric | 60148 | Lombard | Illinois |
|---|---|---|---|
| Home Value | $395,394 | $395,394 | $279,761 |
| 5-Year CAGR | 5.4% | 5.4% | 6.6% |
| Avg Rent | $2,088 | $2,088 | - |
| Cap Rate | 4.1% | 4.1% | - |
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 60148 (Lombard, IL). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 60148 (Lombard, IL)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $395,394 |
| Monthly Rent | $2,088 |
| Price-to-Rent | 15.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.3% |
| Cap Rate | 4.1% |
| 5-Year IRR | 9.5% |
📈 Home Appreciation
| 1-Year | +8.5% ▲ |
| 3-Year CAGR | +6.7% ▲ |
| 5-Year CAGR | +5.4% ▲ |
| 10-Year CAGR | +5.1% ▲ |
🏠 Rent Trends
| 1-Year | +1.6% ▲ |
| 3-Year CAGR | +3.5% ▲ |
| 5-Year CAGR | +3.8% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.1%). 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 60148
Population: 52,358
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 60148
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 6,268 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Where do rents currently stand in Lombard, IL?
Lombard, IL rentals go for roughly $2,088/mo a month. That puts gross yield in solid territory relative to $395K acquisition costs.
What is the best play in Lombard, IL?
Investors usually favor careful cash-flow rentals with hands-on management in Lombard, IL. With home values at $395K and rents near $2,088/mo, other strategies can work but produce predictable rather than outsized returns.
Should investors consider Lombard, IL?
Our data puts Lombard, IL at 3.0/5 for investability. Home prices of $395K and rents around $2,088/mo create a solid backdrop for investor activity.
Does a duplex house hack pencil in Lombard, IL?
Lombard, IL is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $395K price point reasonable to enter.
What is the rental occupancy rate in Lombard, IL?
Lombard, IL carries elevated vacancy risk. Expect measured absorption at market rents of $2,088/mo.
You know 60148 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 60148 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 60148 ranks in Chicago-Naperville-Elgin, IL-IN-WI
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 60148 (Lombard)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 60148 (Lombard, IL).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.
