Real Estate Investing in Aurora, Illinois (60504)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 60504 (Aurora, 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 Aurora, IL (60504)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 60504 Aurora
The 60504 ZIP covers a section of Aurora that demands careful diligence. Prices near $358K look accessible, but the work to make a deal cash flow is real.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 60504 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Nearby ZIPs in Aurora have seen price recovery that 60504 has not matched. DuPage County data supports the view that the spread is structural rather than temporary.
The demographic picture in 60504 includes headwinds that any investor should price in. Income distribution skews lower than Aurora averages, and tenant stability requires active management.
trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Aurora:
Property Strategy for 60504
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $257,161 | $2,420 | 6.8% | +9.3% | $128,580 |
| 3BR | $342,118 | $3,120 | 6.6% | +8.2% | $114,039 |
| 4BR | $476,065 | $3,600 | 5.4% | +8.1% | $119,016 |
| 5BR | $561,596 | — | — | +8.4% | $112,319 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 60504 Compare?
| Metric | 60504 | Aurora | Illinois |
|---|---|---|---|
| Home Value | $357,587 | $356,373 | $279,761 |
| 5-Year CAGR | 6.6% | 7.1% | 6.6% |
| Avg Rent | $2,250 | $2,219 | - |
| Cap Rate | 4.9% | 4.9% | - |
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 60504 (Aurora, IL). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 60504 (Aurora, IL)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $357,587 |
| Monthly Rent | $2,250 |
| Price-to-Rent | 13.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.6% |
| Cap Rate | 4.9% |
| 5-Year IRR | 11.5% |
📈 Home Appreciation
| 1-Year | +5.1% ▲ |
| 3-Year CAGR | +5.9% ▲ |
| 5-Year CAGR | +6.6% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 Rent Trends
| 1-Year | +8.4% ▲ |
| 3-Year CAGR | +6.4% ▲ |
| 5-Year CAGR | +7.3% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.9%). 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 60504
Population: 38,861
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 60504
Schools in This ZIP Code
Nearby Schools (4 more)
Schools in adjacent ZIP codes that may serve this area
Bednarcik Junior High School
Homestead Elementary School
The Wheatlands Elementary School
Wolfs Crossing 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
Frequently Asked Questions
What kind of tenants rent in Aurora, IL?
Aurora, IL offers a measured renter base at the $2,250/mo rent level. Tenant turnover is reasonable for well-managed properties.
Is Aurora in IL worth investing in?
Investors tracking Aurora, IL will find a 3.0/5 rating supported by $358K median home values and $2,250/mo rents. That profile suits long-term holders targeting consistent returns.
What is the rental occupancy rate in Aurora, IL?
Aurora, IL vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
How do landlord-tenant laws work in Aurora, IL?
IL ranks as a landlord-friendly state for landlord-tenant law. Aurora generally follows the statewide framework, so landlords face reasonable operating rules.
How much should I expect to pay for a home in Aurora, IL?
Typical homes in Aurora, IL go for around $358K. The 5-year CAGR of 0.0% steady price movement.
You know 60504 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 60504 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 60504 ranks in Chicago-Naperville-Elgin, IL-IN-WI
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 60504 (Aurora)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 60504 (Aurora, IL).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.
