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Chicago city, IL

ZIP 60655 — Housing & Real Estate

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

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 60655

Median Home Value
$303,300
Median Rent
$1,329
Affordability Snapshot
$83,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,948/mo PITI).

14%
Rent-to-Income Ratio

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

2.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

19.0 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 60655 in Chicago city, IL, a household would need roughly $83,000 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 $1,948. That sits below the local median household income ($114,443), 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

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics

Historic housing stock (22% built before 1939)

Owner Occupied
83.4%+28% vs US avg
x
Vacancy Rate
4.1%-60% vs US avg
x
Broadband Access
92.6%+6% vs US avg
x
4+ Bedrooms
4.7%-69% vs US avg
x
Built Pre-1939
21.6%+68% vs US avg
x
Built Post-2014
0.1%-99% vs US avg
x
Rent Burden >30%
14.0%-72% vs US avg
x
Mortgage-Free
33.9%-11% vs US avg
x
$303,300
Home Value
$1,329
Rent
1954
Year Built
2006
Moved In

Residents have lived here since ~2006 on average

Housing Structure

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

  • 1-unit detached83.3%
  • 1-unit attached1.1%
  • 2-9 units7.9%
  • 10+ units7.2%
  • Mobile home & other0.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$303,300
Median rent$1,329
Owner-occupied83.4%
Vacant4.1%
Price-to-income2.7x
Est. income to buy$83,000