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Chicago city, IL

ZIP 60611 — 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 60611

Median Home Value
$608,200
Median Rent
$2,314
Affordability Snapshot
$167,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,907/mo PITI).

22%
Rent-to-Income Ratio

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

4.9x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

21.9 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 60611 in Chicago city, IL, a household would need roughly $167,000 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 $3,907. That is about 34% above the local median household income ($124,621), 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

Vacancy rate 17% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
43.4%-34% vs US avg
x
Vacancy Rate
16.6%+61% vs US avg
x
Broadband Access
90.8%+4% vs US avg
x
4+ Bedrooms
0.4%-97% vs US avg
x
Built Pre-1939
0.7%-95% vs US avg
x
Built Post-2014
0.1%-99% vs US avg
x
Rent Burden >30%
23.3%-53% vs US avg
x
Mortgage-Free
49.3%+29% vs US avg
x
$608,200
Home Value
$2,314
Rent
1986
Year Built
2019
Moved In

Residents have lived here since ~2019 on average

Housing Structure

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

  • 1-unit detached1.0%
  • 1-unit attached0.6%
  • 2-9 units2.1%
  • 10+ units96.3%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$608,200
Median rent$2,314
Owner-occupied43.4%
Vacant16.6%
Price-to-income4.9x
Est. income to buy$167,000