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Chicago city, IL

ZIP 60628 — Housing & Real Estate

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

Working ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 60628

Median Home Value
$158,500
Median Rent
$922
Affordability Snapshot
$44,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,018/mo PITI).

22%
Rent-to-Income Ratio

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

3.2x
Home Price-to-Income Ratio

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

14.3 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 60628 in Chicago city, IL, a household would need roughly $44,000 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 $1,018. That sits below the local median household income ($49,719), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 19% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
57.8%-12% vs US avg
x
Vacancy Rate
19.4%+88% vs US avg
x
Broadband Access
80.9%-7% vs US avg
x
4+ Bedrooms
5.2%-65% vs US avg
x
Built Pre-1939
14.7%+15% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
39.0%-22% vs US avg
x
Mortgage-Free
43.9%+15% vs US avg
x
$158,500
Home Value
$922
Rent
1949
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

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

  • 1-unit detached60.5%
  • 1-unit attached6.4%
  • 2-9 units26.7%
  • 10+ units6.0%
  • Mobile home & other0.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$158,500
Median rent$922
Owner-occupied57.8%
Vacant19.4%
Price-to-income3.2x
Est. income to buy$44,000