Real Estate Investing in South Holland, Illinois (60473)
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Should you buy in 60473 (South Holland, IL)? Our answer, based on the numbers below.
Strong fundamentals — affordable, appreciating, and stable. A confident pick for primary residence.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- Higher unemployment: 8.6% unemployment — tenant risk signal.
What’s happening in South Holland, IL (60473)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 60473 South Holland
ZIP 60473 is one of those Cook County markets that does not swing much. $232K in median price, $2,995/mo in rent, and a 0.0% growth rate that stays near its long-run average.
Stable does not mean boring — it means underwritable. ZIP 60473 posts consistent rent collection, moderate price movement, and a tenant base of 17% renters.
ZIP 60473's relationship to the South Holland and Cook County medians is close enough that it can stand in for regional assumptions without much adjustment.
Demographically, 60473 is the definition of a steady submarket. From a cash-flow lens, growth has been modest, attrition has been low, and the mix of owners and renters has not shifted meaningfully.
The investor who does best in 60473 is the one who underwrote it honestly at the start — 0.0% yield, 0.0% growth, $2,995/mo rent — and then stuck to the plan.
Here's what matters if you're considering buying a home in South Holland:
Property Strategy for 60473
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $143,115 | $2,400 | 12.1% | +8.0% | $71,558 |
| 3BR | $211,800 | $3,090 | 10.5% | +7.6% | $70,600 |
| 4BR | $250,945 | $3,580 | 10.3% | +6.4% | $62,736 |
| 5BR | $284,547 | — | — | +6.2% | $56,909 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 60473 Compare?
| Metric | 60473 | South Holland | Illinois |
|---|---|---|---|
| Home Value | $231,620 | $231,620 | $279,761 |
| 5-Year CAGR | 4.4% | 4.4% | 6.6% |
| Avg Rent | $2,995 | $2,995 | - |
| Cap Rate | 10.1% | 10.1% | - |
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 60473 (South Holland, 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 | $231,620 |
| Monthly Rent | $2,995 |
| Price-to-Rent | 6.4:1 |
| 1% Rule | ✓ Passes |
💰 Return Metrics
| Gross Yield | 15.5% |
| Cap Rate | 10.1% |
| 5-Year IRR | 14.5% |
📈 Home Appreciation
| 1-Year | +4.6% ▲ |
| 3-Year CAGR | +3.7% ▲ |
| 5-Year CAGR | +4.4% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The estimated cap rate (10.1%) 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 60473
Population: 21,407
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 60473
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 937 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Should investors consider South Holland, IL?
Our data puts South Holland, IL at 5.0/5 for investability. Home prices of $232K and rents around $2,995/mo create a solid backdrop for investor activity.
How much rent can I charge in South Holland, IL?
The typical rental in South Holland, IL commands about $2,995/mo monthly. That rent profile predictable cash flow against the $232K purchase basis.
Can I house hack in South Holland, IL?
For house hackers, South Holland, IL is an attractive. The $2,995/mo rent on a unit helps defray the mortgage on a $232K property.
How should investors approach South Holland, IL?
The best-fit strategy in South Holland, IL is steady buy-and-hold investing. That approach the rent and price profile of the market.
How landlord-friendly is South Holland, IL?
South Holland, IL falls under IL landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
You know 60473 now. You don’t know where it ranks.
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How 60473 ranks in Chicago-Naperville-Elgin, IL-IN-WI
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