Real Estate Investing in Markham, Illinois (60428)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 60428 (Markham, 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 balanced market — moderate cash flow and moderate appreciation. A "steady" investor profile fits best.
- Elevated vacancy: 10.9% vacancy may signal weakening demand.
- Elevated poverty: 23.3% poverty rate — can affect rent collection.
- Higher unemployment: 8.7% unemployment — tenant risk signal.
What’s happening in Markham, IL (60428)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 60428 Markham
Markham's 60428 ZIP reads as a dependable submarket. Home values of $158K and rents of $2,500/mo have tracked regional norms inside Cook County with little deviation.
Stable does not mean boring — it means underwritable. ZIP 60428 shows consistent rent collection, moderate price movement, and a tenant base of 30% renters.
Compared with the rest of IL, ZIP 60428 tracks near the median on most investment metrics. That is the definition of a reliable market rather than a remarkable one.
The resident base in 60428 has held steady over the past decade. A population of 10,980, a renter share near 30%, and a household-income profile tracking the county median all suggest a an appealing option for demographic foundation.
The strategic fit for 60428 is core buy-and-hold. Put differently, the ZIP does not produce spectacular returns, it also does not produce spectacular mistakes — and that reliability has value.
Here's what matters if you're considering buying a home in Markham:
Property Strategy for 60428
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $144,697 | $2,690 | 13.4% | +8.6% | $48,232 |
| 4BR | $187,798 | $3,110 | 11.9% | +8.3% | $46,949 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 60428 Compare?
| Metric | 60428 | Markham | Illinois |
|---|---|---|---|
| Home Value | $158,450 | $158,450 | $279,761 |
| 5-Year CAGR | 5.6% | 5.6% | 6.6% |
| Avg Rent | $2,500 | $2,500 | - |
| Cap Rate | 12.3% | 12.3% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 60428 (Markham, 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 | $158,450 |
| Monthly Rent | $2,500 |
| Price-to-Rent | 5.3:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 18.9% |
| Cap Rate | 12.3% |
| 5-Year IRR | 17.9% |
📈 Home Appreciation
| 1-Year | +9.1% ▲ |
| 3-Year CAGR | +4.3% ▲ |
| 5-Year CAGR | +5.6% ▲ |
| 10-Year CAGR | +11.5% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (12.3%) exceeds the current 30-yr mortgage rate (6.8%). When borrowing costs less than a property yields, leverage can increase your cash-on-cash return above the cap rate.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 60428
Population: 10,980
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 60428
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Coolidge Middle School
Jesse C White Learning Academy
Taft School
Gordon School
Posen 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 668 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How do home values compare in Markham, IL?
Homes in Markham, IL typically sell near $158K. Prices have moved at a 0.0% 5-year CAGR, which predictable long-term demand.
How should investors approach Markham, IL?
Most investors in Markham, IL run a steady buy-and-hold investing strategy. It aligns with the 5.0/5 investability profile and the market fundamentals.
Is Markham, IL a good market for buy-and-hold investors?
Investors tracking Markham, IL will find a 5.0/5 rating supported by $158K median home values and $2,500/mo rents. That profile suits long-term holders targeting consistent returns.
Can owner-occupants cash flow in Markham, IL?
Markham, IL offers an attractive house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $2,500/mo rent level.
How much rent can I charge in Markham, IL?
Markham, IL rentals go for roughly $2,500/mo a month. That puts gross yield in solid territory relative to $158K acquisition costs.
You know 60428 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 60428 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 60428 ranks in Chicago-Naperville-Elgin, IL-IN-WI
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