Real Estate Investing in Chicago, Illinois (60652)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 60652 (Chicago, IL)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
No major risk flags on the data we track.
What’s happening in Chicago, IL (60652)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 60652 Chicago
ZIP 60652 in Chicago, IL carries a robust set of headwinds. Home values near $276K and rents of $2,353/mo sit inside a market where underwriting has to be tight.
The investment case in 60652 is durable only for operators who understand what they are buying. A $276K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Statewide comparisons place 60652 among IL's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Who lives in 60652 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Distressed ZIPs reward experience. substantial returns are possible in 60652, 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 Chicago:
Property Strategy for 60652
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $224,858 | $1,740 | 5.6% | +6.9% | $112,429 |
| 3BR | $262,402 | $2,240 | 6.1% | +6.1% | $87,467 |
| 4BR | $300,676 | $2,590 | 6.2% | +5.4% | $75,169 |
| 5BR | $331,100 | — | — | +5.0% | $66,220 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 60652 Compare?
| Metric | 60652 | Chicago | Illinois |
|---|---|---|---|
| Home Value | $276,489 | $345,093 | $279,761 |
| 5-Year CAGR | 4.1% | 2.6% | 6.6% |
| Avg Rent | $2,353 | $2,056 | - |
| Cap Rate | 6.6% | 5.1% | - |
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 60652 (Chicago, IL). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 60652 (Chicago, IL)?
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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 | $276,489 |
| Monthly Rent | $2,353 |
| Price-to-Rent | 9.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.2% |
| Cap Rate | 6.6% |
| 5-Year IRR | 10.7% |
📈 Home Appreciation
| 1-Year | +6.7% ▲ |
| 3-Year CAGR | +5.9% ▲ |
| 5-Year CAGR | +4.1% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.6%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 60652
Population: 41,431
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 60652
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 2,388 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Should investors worry about vacancy in Chicago, IL?
Rental vacancy in Chicago, IL is elevated. Investors should budget normal turnover but not chronic empty units.
Where do home prices stand in Chicago, IL?
In Chicago, IL the median home value sits at $276K. Against the broader IL market, that reads as reasonable for most investors.
What is the typical rental rate in Chicago, IL?
Rents in Chicago, IL run near $2,353/mo. Compared with median home prices of $276K that produces solid gross yields for typical rentals.
How should investors approach Chicago, IL?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Chicago, IL. The numbers - $276K homes against $2,353/mo rents - support that play.
Is Chicago, IL a good place for real estate investing?
Chicago, IL scores 3.0/5 for investability. Home values sit at $276K and rents near $2,353/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
You know 60652 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 60652 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 60652 ranks in Chicago-Naperville-Elgin, IL-IN-WI
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