Real Estate Investing in Hoffman Estates, Illinois (60192)
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Should you buy in 60192 (Hoffman Estates, 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 Hoffman Estates, IL (60192)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 60192 Hoffman Estates
This part of Cook County is not an easy win. The 60192 ZIP clocks in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The 60192 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
ZIP 60192's metrics run below Cook County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
The 60192 ZIP's population of 16,662 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that sits at the need for careful underwriting.
The right play in 60192 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Hoffman Estates:
Property Strategy for 60192
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $361,563 | $2,670 | 5.3% | +6.3% | $180,782 |
| 3BR | $404,557 | $3,440 | 6.1% | +7.4% | $134,852 |
| 4BR | $538,476 | $3,980 | 5.3% | +7.5% | $134,619 |
| 5BR | $624,822 | — | — | +7.5% | $124,964 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 60192 Compare?
| Metric | 60192 | Hoffman Estates | Illinois |
|---|---|---|---|
| Home Value | $514,351 | $435,859 | $279,761 |
| 5-Year CAGR | 6.9% | 7.0% | 6.6% |
| Avg Rent | $2,717 | $2,366 | - |
| Cap Rate | 4.1% | 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 60192 (Hoffman Estates, 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 | $514,351 |
| Monthly Rent | $2,717 |
| Price-to-Rent | 15.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.3% |
| Cap Rate | 4.1% |
| 5-Year IRR | 11.0% |
📈 Home Appreciation
| 1-Year | +8.5% ▲ |
| 3-Year CAGR | +7.0% ▲ |
| 5-Year CAGR | +6.9% ▲ |
| 10-Year CAGR | +5.1% ▲ |
🏠 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 (4.1%). 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 60192
Population: 16,662
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 60192
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 4,404 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Does Hoffman Estates, IL make sense for an investment property?
Investors tracking Hoffman Estates, IL will find a 3.0/5 rating supported by $514K median home values and $2,717/mo rents. That profile suits long-term holders targeting reliable returns.
Is it easy to find good tenants in Hoffman Estates, IL?
Hoffman Estates, IL draws a consistent base of working renters. Demand at the $2,717/mo rent level is reasonable for standard single-family and small multi rentals.
Where do rents currently stand in Hoffman Estates, IL?
Hoffman Estates, IL rentals go for roughly $2,717/mo a month. That puts gross yield in solid territory relative to $514K acquisition costs.
Is house hacking profitable in Hoffman Estates, IL?
The house hack math a challenging in Hoffman Estates, IL. Owner-occupant buyers benefit from the $2,717/mo rents and $514K home values.
Do landlords face vacancy issues in Hoffman Estates, IL?
Hoffman Estates, IL sees elevated vacancy, which is reasonable relative to the broader IL rental market.
You know 60192 now. You don’t know where it ranks.
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How 60192 ranks in Chicago-Naperville-Elgin, IL-IN-WI
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