Real Estate Investing in Oak Brook, Illinois (60523)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 60523 (Oak Brook, IL)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 80.5 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Oak Brook, IL (60523)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 60523 Oak Brook
From an investor standpoint, ZIP 60523 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $1.0M median. It rewards specialists, not generalists.
In practical terms, the numbers look inviting — $1.0M purchase price, 0.0% nominal cap — the work to hit that pro forma in 60523 is substantial and deserves full respect.
Within IL, ZIP 60523 trails on several market indicators that neighboring DuPage County submarkets outperform. The gap is real and notable enough to shape underwriting.
Employment concentration in 60523 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The 60523 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Oak Brook:
Property Strategy for 60523
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $172,012 | $1,040 | 4.4% | +7.0% | $172,012 |
| 2BR | $475,653 | $1,170 | 1.8% | +4.5% | $237,826 |
| 3BR | $711,706 | $1,510 | 1.5% | +7.6% | $237,235 |
| 4BR | $1,112,533 | $1,740 | 1.1% | +7.9% | $278,133 |
| 5BR | $1,619,914 | — | — | +8.8% | $323,983 |
Market Trends
Home Value History (with trend line)
📊 How Does 60523 Compare?
| Metric | 60523 | Oak Brook | Illinois |
|---|---|---|---|
| Home Value | $1,017,215 | $1,017,215 | $279,761 |
| 5-Year CAGR | 6.8% | 6.8% | 6.6% |
| Avg Rent | $1,053 | $1,053 | - |
| Cap Rate | 0.8% | 0.8% | - |
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 60523 (Oak Brook, IL). Anonymous, moderated, never written by AI.
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Property managers serving DuPage County
Manage rentals here? List your business →Hillcrest Property Management is an HOA Management Company serving HOAs. summary from their website
Redbrick Property Management specializes in HOA, Condo, Townhouse, Community Management for large-scale, master-planned, gated, and senior communities in Lombard. summary from their website
ACM Community Management is part of RealManage. 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 | $1,017,215 |
| Monthly Rent | $1,053 |
| Price-to-Rent | 80.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 1.2% |
| Cap Rate | 0.8% |
| 5-Year IRR | 7.6% |
📈 Home Appreciation
| 1-Year | +10.1% ▲ |
| 3-Year CAGR | +8.3% ▲ |
| 5-Year CAGR | +6.8% ▲ |
| 10-Year CAGR | +4.2% ▲ |
🏠 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 (0.8%). 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 60523
Population: 10,012
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 60523
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Clarendon Hills Middle School
Madison Elem School
Monroe Elem School
Prospect Elem School
The Lane 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
How quickly do rentals get leased in Oak Brook, IL?
Rental vacancy in Oak Brook, IL is elevated. Investors should budget normal turnover but not chronic empty units.
What kind of tenants rent in Oak Brook, IL?
Oak Brook, IL draws a steady base of working renters. Demand at the $1,053/mo rent level is reasonable for standard single-family and small multi rentals.
Is Oak Brook, IL better for rentals, flips, or BRRRR?
Most investors in Oak Brook, IL run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Is Oak Brook, IL a good market for FHA house hackers?
House hacking in Oak Brook, IL is reasonable to execute. Prices around $1.0M and rents of $1,053/mo solid owner-occupant economics.
Are rents high in Oak Brook, IL?
Expect rents around $1,053/mo per month in Oak Brook, IL. With home values at $1.0M, the yield math works out to reasonable levels for rental investors.
You know 60523 now. You don’t know where it ranks.
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How 60523 ranks in Chicago-Naperville-Elgin, IL-IN-WI
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