Real Estate Investing in Hillside, Illinois (60162)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 60162 (Hillside, 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 Hillside, IL (60162)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 60162 Hillside
The 60162 ZIP covers a section of Hillside that demands careful diligence. Prices near $298K look accessible, but the work to make a deal cash flow is real.
For an experienced owner, 60162 can be a worth a close look for hunting ground — but the discount at $298K reflects genuine risk that outside investors often underestimate.
Regionally, 60162 sits on the difficult end of the IL spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
Meanwhile, 8,133 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.
Experienced landlords with local relationships tend to find 60162 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Hillside:
Property Strategy for 60162
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $243,677 | $1,760 | 5.2% | +8.3% | $121,839 |
| 3BR | $279,189 | $2,270 | 5.9% | +6.7% | $93,063 |
| 4BR | $326,689 | $2,620 | 5.8% | +5.8% | $81,672 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 60162 Compare?
| Metric | 60162 | Hillside | Illinois |
|---|---|---|---|
| Home Value | $298,336 | $298,336 | $279,761 |
| 5-Year CAGR | 6.4% | 6.4% | 6.6% |
| Avg Rent | $1,800 | $1,800 | - |
| Cap Rate | 4.7% | 4.7% | - |
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 60162 (Hillside, 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 | $298,336 |
| Monthly Rent | $1,800 |
| Price-to-Rent | 13.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.2% |
| Cap Rate | 4.7% |
| 5-Year IRR | 11.1% |
📈 Home Appreciation
| 1-Year | +12.5% ▲ |
| 3-Year CAGR | +7.8% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +8.1% ▲ |
🏠 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 (4.7%). 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 60162
Population: 8,133
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 60162
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Churchville Middle School
Conrad Fischer Elem School
Jefferson Elem School
Jefferson Primary School
Lindop 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 2,713 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much do tenants pay in Hillside, IL?
Rent in Hillside, IL is around $1,800/mo. The resulting rent-to-value relationship with $298K pricing is reasonable for most investor models.
What is the average home sale price in Hillside, IL?
Expect median prices around $298K in Hillside, IL. The market has run at a 0.0% 5-year CAGR, so entry costs have been even-keeled.
How high is vacancy risk in Hillside, IL?
Vacancy risk in Hillside, IL is elevated. That supports steady cash flow for typical rental holds.
Is IL a landlord-friendly state?
Landlord-friendliness in Hillside, IL is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
What kind of market is Hillside, IL for investors?
Investors tracking Hillside, IL will find a 3.0/5 rating supported by $298K median home values and $1,800/mo rents. That profile suits long-term holders targeting predictable returns.
You know 60162 now. You don’t know where it ranks.
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How 60162 ranks in Chicago-Naperville-Elgin, IL-IN-WI
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