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Chicago city, IL

ZIP 60626 — Housing & Real Estate

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

Working ClassLarge CommunityLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 60626

Median Home Value
$269,000
Median Rent
$1,173
Affordability Snapshot
$74,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,728/mo PITI).

25%
Rent-to-Income Ratio

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

4.7x
Home Price-to-Income Ratio

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

19.1 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 60626 in Chicago city, 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.

Housing Tenure

Vacancy rate 10% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
26.6%-59% vs US avg
x
Vacancy Rate
10.1%-2% vs US avg
x
Broadband Access
89.5%+3% vs US avg
x
4+ Bedrooms
1.0%-93% vs US avg
x
Built Pre-1939
8.5%-33% vs US avg
x
Built Post-2014
0.3%-96% vs US avg
x
Rent Burden >30%
26.1%-48% vs US avg
x
Mortgage-Free
25.8%-32% vs US avg
x
$269,000
Home Value
$1,173
Rent
1942
Year Built
2017
Moved In

Residents have lived here since ~2017 on average

Housing Structure

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

  • 1-unit detached4.7%
  • 1-unit attached1.6%
  • 2-9 units36.5%
  • 10+ units56.5%
  • Mobile home & other0.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$269,000
Median rent$1,173
Owner-occupied26.6%
Vacant10.1%
Price-to-income4.7x
Est. income to buy$74,000