Real Estate Investing in Palos Hills, Illinois (60465)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 60465 (Palos 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.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Palos Hills, IL (60465)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 60465 Palos Hills
ZIP 60465 inside Cook County looks affordable on the surface — median value of $301K — but the discount exists for reasons that a careful buyer should understand before committing.
The 60465 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Regionally, 60465 sits on the difficult end of the IL spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.
The 60465 ZIP's population of 18,139 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that posts the need for careful underwriting.
Experienced landlords with local relationships tend to find 60465 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 Palos Hills:
Property Strategy for 60465
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $232,838 | $1,620 | 5.0% | +8.3% | $116,419 |
| 3BR | $333,276 | $2,090 | 4.5% | +7.3% | $111,092 |
| 4BR | $431,186 | $2,410 | 4.0% | +7.1% | $107,797 |
| 5BR | $509,375 | — | — | +7.3% | $101,875 |
Market Trends
Home Value History (with trend line)
📊 How Does 60465 Compare?
| Metric | 60465 | Palos Hills | Illinois |
|---|---|---|---|
| Home Value | $301,298 | $301,298 | $279,761 |
| 5-Year CAGR | 5.3% | 5.3% | 6.6% |
| Avg Rent | $1,458 | $1,458 | - |
| Cap Rate | 3.8% | 3.8% | - |
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 60465 (Palos Hills, 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 | $301,298 |
| Monthly Rent | $1,458 |
| Price-to-Rent | 17.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.8% |
| Cap Rate | 3.8% |
| 5-Year IRR | 9.1% |
📈 Home Appreciation
| 1-Year | +10.2% ▲ |
| 3-Year CAGR | +5.5% ▲ |
| 5-Year CAGR | +5.3% ▲ |
| 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 (3.8%). 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 60465
Population: 18,139
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 60465
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Worth Jr High School
Palos South Middle School
Palos West Elementary School
Willow Springs Elem School
Worth 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 2,485 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What are home prices like in Palos Hills, IL?
The median home value in Palos Hills, IL is roughly $301K. That puts it reasonable relative to the IL statewide average.
How does Palos Hills, IL rate as a rental market?
Palos Hills, IL rates 3.0/5 for investability. With median values at $301K and rents near $1,458/mo, the market offers reasonable fundamentals for rental investors.
Is Palos Hills, IL good for landlords?
Palos Hills, IL falls under IL landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
What approach is best for Palos Hills, IL real estate?
The best-fit strategy in Palos Hills, IL is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
How strong is tenant demand in Palos Hills, IL?
Palos Hills, IL draws a stable base of working renters. Demand at the $1,458/mo rent level is reasonable for standard single-family and small multi rentals.
You know 60465 now. You don’t know where it ranks.
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How 60465 ranks in Chicago-Naperville-Elgin, IL-IN-WI
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