Real Estate Investing in Chatsworth, Illinois (60921)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 60921 (Chatsworth, IL)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
- High vacancy: 15.4% 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 Chatsworth, IL (60921)?
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Market Analysis: 60921 Chatsworth
ZIP 60921 in Chatsworth, IL carries a significant set of headwinds. Home values near $120K and rents of $828/mo sit inside a market where underwriting has to be tight.
The investment case in 60921 is durable only for operators who understand what they are buying. A $120K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Regionally, 60921 sits on the difficult end of the IL spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.
Who lives in 60921 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. notable returns are possible in 60921, 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 Chatsworth:
Property Strategy for 60921
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $68,540 | $920 | 9.7% | — | $34,270 |
| 3BR | $107,832 | $1,140 | 7.6% | — | $35,944 |
| 4BR | $116,267 | $1,210 | 7.5% | — | $29,067 |
Market Trends
Home Value History (with trend line)
📊 How Does 60921 Compare?
| Metric | 60921 | Chatsworth | Pontiac, IL | Illinois |
|---|---|---|---|---|
| Home Value | $119,558 | $119,558 | N/A | $279,761 |
| 5-Year CAGR | 12.5% | 12.5% | N/A | 6.6% |
| Avg Rent | $828 | $828 | N/A | - |
| Cap Rate | 5.4% | 5.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 60921 (Chatsworth, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $119,558 |
| Monthly Rent | $828 |
| Price-to-Rent | 12.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.3% |
| Cap Rate | 5.4% |
| 5-Year IRR | 17.9% |
📈 Home Appreciation
| 1-Year | +25.2% ▲ |
| 3-Year CAGR | +18.5% ▲ |
| 5-Year CAGR | +12.5% ▲ |
| 10-Year CAGR | +7.4% ▲ |
🏠 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 (5.4%). 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 60921
Population: 1,394
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 60921
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 strong are rents in Chatsworth, IL?
Investors in Chatsworth, IL typically see rents near $828/mo per month against $120K home values - a solid setup for rental cash flow.
Are landlord laws favorable in Chatsworth, IL?
Chatsworth, IL operates under IL law, which is landlord-friendly overall for landlords. Expect predictable treatment in typical lease and eviction cases.
How do experienced investors play Chatsworth, IL?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Chatsworth, IL. The numbers - $120K homes against $828/mo rents - support that play.
What is the tenant pool like in Chatsworth, IL?
The tenant pool in Chatsworth, IL is solid, supported by local employment and population fundamentals. Rents of $828/mo are well-absorbed by the market.
Is Chatsworth, IL a good place for real estate investing?
Chatsworth, IL sits at an investability rating of 4.0/5, with median home values near $120K and average rents around $828/mo. That combination puts it in the impressive tier for investor interest.
You know 60921 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 60921 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 60921 ranks in Pontiac, IL
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