Real Estate Investing in Ashkum, Illinois (60911)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 60911 (Ashkum, IL)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 15.9% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Ashkum, IL (60911)?
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Market Analysis: 60911 Ashkum
Not every below-median market is a bargain. Ashkum's 60911 ZIP clocks in at signals that favor experienced operators who can absorb the risk $220K pricing implies.
Stepping back, the numbers look inviting — $220K purchase price, 0.0% nominal cap — the work to hit that pro forma in 60911 is substantial and deserves full respect.
Statewide comparisons place 60911 among IL's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Demographically, 60911 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Strategy in 60911 is an operator game, not a passive one. On the rental side, entry prices of $220K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Ashkum:
Market Trends
Home Value History (with trend line)
📊 How Does 60911 Compare?
| Metric | 60911 | Ashkum | Illinois |
|---|---|---|---|
| Home Value | $220,350 | $220,350 | $279,761 |
| 5-Year CAGR | 4.9% | 4.9% | 6.6% |
| Avg Rent | $954 | $954 | - |
| Cap Rate | 3.4% | 3.4% | - |
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 60911 (Ashkum, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $220,350 |
| Monthly Rent | $954 |
| Price-to-Rent | 19.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +7.5% ▲ |
| 3-Year CAGR | +3.0% ▲ |
| 5-Year CAGR | +4.9% ▲ |
| 10-Year CAGR | +4.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). 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 60911
Population: 1,215
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 60911
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.
Frequently Asked Questions
How does Ashkum, IL stack up for property investment?
Ashkum, IL comes in at an investability rating of 3.0/5, with median home values near $220K and average rents around $954/mo. That combination puts it in the solid tier for investor interest.
How much is rent in Ashkum, IL?
Ashkum, IL rentals go for roughly $954/mo a month. That puts gross yield in solid territory relative to $220K acquisition costs.
What are vacancy rates like in Ashkum, IL?
Vacancy in Ashkum, IL is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $954/mo.
How do landlord-tenant laws work in Ashkum, IL?
IL law landlord-friendly for landlords, and Ashkum inherits those rules. Investors should still review local ordinances for rental licensing.
Is housing expensive in Ashkum, IL?
Ashkum, IL median home values land near $220K. That is reasonable territory for investors looking at $954/mo-per-month rentals.
You know 60911 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 60911 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.
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