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Chicago city, IL

ZIP 60612 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 60612

Median Home Value
$331,600
Median Rent
$1,116
Affordability Snapshot
$91,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,130/mo PITI).

22%
Rent-to-Income Ratio

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

5.5x
Home Price-to-Income Ratio

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

24.8 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 60612 in Chicago city, IL, a household would need roughly $91,000 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 $2,130. That is about 51% above the local median household income ($60,457), 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 11% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
30.8%-53% vs US avg
x
Vacancy Rate
10.9%+6% vs US avg
x
Broadband Access
84.2%-3% vs US avg
x
4+ Bedrooms
3.6%-76% vs US avg
x
Built Pre-1939
4.4%-66% vs US avg
x
Built Post-2014
0.9%-87% vs US avg
x
Rent Burden >30%
24.9%-50% vs US avg
x
Mortgage-Free
26.4%-31% vs US avg
x
$331,600
Home Value
$1,116
Rent
1973
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

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

  • 1-unit detached11.0%
  • 1-unit attached7.1%
  • 2-9 units58.0%
  • 10+ units23.5%
  • Mobile home & other0.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$331,600
Median rent$1,116
Owner-occupied30.8%
Vacant10.9%
Price-to-income5.5x
Est. income to buy$91,000