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Chicago city, IL

ZIP 60661 — 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 60661

Median Home Value
$397,700
Median Rent
$2,354
Affordability Snapshot
$109,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,555/mo PITI).

20%
Rent-to-Income Ratio

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

2.9x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

14.1 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 60661 in Chicago city, IL, a household would need roughly $109,000 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 $2,555. That sits below the local median household income ($138,831), 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

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
30.0%-54% vs US avg
x
Vacancy Rate
7.1%-31% vs US avg
x
Broadband Access
94.8%+9% vs US avg
x
4+ Bedrooms
0.2%-98% vs US avg
x
Built Pre-1939
1.0%-92% vs US avg
x
Built Post-2014
0.4%-94% vs US avg
x
Rent Burden >30%
13.6%-73% vs US avg
x
Mortgage-Free
14.9%-61% vs US avg
x
$397,700
Home Value
$2,354
Rent
2000
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 detached3.1%
  • 1-unit attached0.9%
  • 2-9 units0.9%
  • 10+ units95.1%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$397,700
Median rent$2,354
Owner-occupied30.0%
Vacant7.1%
Price-to-income2.9x
Est. income to buy$109,000