Median home value is about $269,000 — about 23% below the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $1,173 (about even with the U.S. median rent ($1,163)), and owner-occupancy near 26.6% (about 38.8 points below the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 60626 in Chicago, IL, a household would need roughly $74,000 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 $1,728. That is about 29% above the local median household income ($57,452), 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.