Zip 60612 (Chicago, IL) Housing

The housing median value in 60612 Chicago, IL is $296,600 which is lower than the US house median value of $338,100. The US house appreciation rate for the past year was 8.27%, whereas the appreciation rate in 60612 Chicago, IL during that same period was 6.13%. Despite the lower median value and appreciation rate compared to the national average, there is still high demand for housing in this area due to its proximity to downtown Chicago and many amenities.

The median home cost in Chicago (zip 60612) is $296,600. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Chicago (zip 60612) is up 10.1%.

Average Age of Homes

- The median age of Chicago (zip 60612) real estate is 72 years old

The Rental Market in Chicago (zip 60612)

- Renters make up 59.7% of the Chicago (zip 60612) population
- 3.8% of houses and apartments in Chicago (zip 60612), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Chicago, Illinois	United States
	16,206.0	139,647,020.0
	52	42
	$296,600	$338,100
	10.1%	16.6%
	33.4%	57.0%
	66.0%	101.1%
	$16.62	$10.98
	$4,971	$2,690
	27.8%	57.4%
	15.1%	11.2%
	57.2%	31.4%
Vacant Housing
	3.8%	1.9%
	1.1%	0.4%
	0.9%	0.7%
	0.8%	0.4%
	0.3%	3.6%
	8.2%	4.1%
Value of Owner-Occupied Housing
	1.9%	2.6%
	1.0%	2.4%
	0.0%	2.8%
	1.8%	3.9%
	0.8%	4.5%
	3.5%	11.3%
	8.7%	13.0%
	32.6%	20.1%
	15.4%	13.6%
	10.8%	8.3%
	14.8%	9.7%
	3.4%	3.9%
	4.3%	2.2%
	1.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	19.1%	13.6%
	19.1%	13.6%
	10.2%	13.6%
	7.6%	13.2%
	8.0%	14.8%
	10.2%	13.6%
	3.5%	10.0%
	4.0%	4.7%
	37.9%	12.2%

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