Real Estate Investing in Hopkins Park, Illinois (60958)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 60958 (Hopkins Park, IL)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 36.7% of homes vacant — above national norms.
ⓘ Read the numbers with care
- Volatile values — home values moved more than 35% in one year; the trend line deserves skepticism.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Hopkins Park, IL (60958)?
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Market Analysis: 60958 Hopkins Park
Not every below-median market is a bargain. Hopkins Park's 60958 ZIP registers signals that favor experienced operators who can absorb the risk $124K pricing implies.
The 60958 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
The gap between 60958 and stronger Hopkins Park ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Resident income in 60958 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The 60958 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 Hopkins Park:
Market Trends
Home Value History (with trend line)
📊 How Does 60958 Compare?
| Metric | 60958 | Hopkins Park | Kankakee, IL | Illinois |
|---|---|---|---|---|
| Home Value | $124,304 | $124,304 | N/A | $279,761 |
| 5-Year CAGR | N/A | N/A | N/A | 6.6% |
| Avg Rent | $1,017 | $1,017 | N/A | - |
| Cap Rate | 6.4% | 6.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 60958 (Hopkins Park, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $124,304 |
| Monthly Rent | $1,017 |
| Price-to-Rent | 10.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.8% |
| Cap Rate | 6.4% |
| 5-Year IRR | 14.3% |
📈 Home Appreciation
| 1-Year | +39.7% ▲ |
| 3-Year CAGR | +7.9% ▲ |
| 5-Year CAGR | N/A |
| 10-Year CAGR | N/A |
🏠 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 (6.4%). 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 60958
Population: 1,488
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 60958
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 605 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Where do rents currently stand in Hopkins Park, IL?
Rents in Hopkins Park, IL run near $1,017/mo. Compared with median home prices of $124K that produces solid gross yields for typical rentals.
Which investment style suits Hopkins Park, IL?
Hopkins Park, IL investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($124K prices, $1,017/mo rents) make it a reasonable choice.
Is Hopkins Park, IL a good market for buy-and-hold investors?
The 3.0/5 investability rating in Hopkins Park, IL reflects its $124K prices and $1,017/mo rents. Investors generally consider it a solid option within IL.
Does house hacking make sense in Hopkins Park, IL?
The house hack math a challenging in Hopkins Park, IL. Owner-occupant buyers benefit from the $1,017/mo rents and $124K home values.
How quickly do rentals get leased in Hopkins Park, IL?
Hopkins Park, IL vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
You know 60958 now. You don’t know where it ranks.
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