Real Estate Investing in Hickory Hills, Illinois (60457)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 60457 (Hickory Hills, 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 Hickory Hills, IL (60457)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 60457 Hickory Hills
The 60457 ZIP covers a section of Hickory Hills that demands careful diligence. Prices near $346K look accessible, but the work to make a deal cash flow is real.
Distressed markets are won on execution, not on spreadsheets. ZIP 60457 reflects the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader IL picture, 60457 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A resilient renter share of 28% in 60457 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Distressed ZIPs reward experience. solid returns are possible in 60457, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Hickory Hills:
Property Strategy for 60457
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $215,353 | $1,360 | 4.5% | +8.7% | $107,677 |
| 3BR | $323,560 | $1,750 | 3.9% | +7.0% | $107,853 |
| 4BR | $389,708 | $2,030 | 3.8% | +6.2% | $97,427 |
| 5BR | $439,676 | — | — | +6.1% | $87,935 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 60457 Compare?
| Metric | 60457 | Hickory Hills | Illinois |
|---|---|---|---|
| Home Value | $345,844 | $345,844 | $279,761 |
| 5-Year CAGR | 5.9% | 5.9% | 6.6% |
| Avg Rent | $2,058 | $2,058 | - |
| Cap Rate | 4.6% | 4.6% | - |
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 60457 (Hickory Hills, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $345,844 |
| Monthly Rent | $2,058 |
| Price-to-Rent | 14.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.1% |
| Cap Rate | 4.6% |
| 5-Year IRR | 10.5% |
📈 Home Appreciation
| 1-Year | +10.6% ▲ |
| 3-Year CAGR | +6.3% ▲ |
| 5-Year CAGR | +5.9% ▲ |
| 10-Year CAGR | +6.1% ▲ |
🏠 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 (4.6%). 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 60457
Population: 14,674
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 60457
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Bridgeview Elem School
Geo T Wilkins Jr High School
George T Wilkins Elem School
Robina Lyle Elementary School
Frank A Brodnicki 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 3,681 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What price range are homes in Hickory Hills, IL?
Median home price in Hickory Hills, IL is near $346K, with a 5-year CAGR of 0.0%. Prices have been steady and supportive of buy-and-hold strategies.
Are renters plentiful in Hickory Hills, IL?
Hickory Hills, IL draws a stable base of working renters. Demand at the $2,058/mo rent level is reasonable for standard single-family and small multi rentals.
What is it like being a landlord in Hickory Hills, IL?
IL law landlord-friendly for landlords, and Hickory Hills inherits those rules. Investors should still review local ordinances for rental licensing.
What does house hacking look like in Hickory Hills, IL?
The a challenging house-hack environment in Hickory Hills, IL reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
Should investors worry about vacancy in Hickory Hills, IL?
Vacancy in Hickory Hills, IL is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $2,058/mo.
You know 60457 now. You don’t know where it ranks.
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How 60457 ranks in Chicago-Naperville-Elgin, IL-IN-WI
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