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Oak Brook village, IL

ZIP 60523 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 60523

Median Home Value
$733,300
Median Rent
$712
Affordability Snapshot
$202,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$4,711/mo PITI).

7%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

6.4x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

85.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 60523 in Oak Brook village, IL, a household would need roughly $202,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $4,711. That is about 77% above the local median household income ($114,418), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
79.8%+22% vs US avg
x
Vacancy Rate
8.7%-16% vs US avg
x
Broadband Access
87.6%+1% vs US avg
x
4+ Bedrooms
15.6%+5% vs US avg
x
Built Pre-1939
1.2%-90% vs US avg
x
Built Post-2014
0.6%-91% vs US avg
x
Rent Burden >30%
19.6%-61% vs US avg
x
Mortgage-Free
53.5%+40% vs US avg
x
$733,300
Home Value
$712
Rent
1977
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached61.2%
  • 1-unit attached13.6%
  • 2-9 units1.5%
  • 10+ units23.6%
  • Mobile home & other0.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$733,300
Median rent$712
Owner-occupied79.8%
Vacant8.7%
Price-to-income6.4x
Est. income to buy$202,000