Chicago-Naperville-Elgin, IL-IN-WI · Illinois

Cook County

ZIP 60171

5.2M residents5,668 permits TTM$81,797 median HHI167 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$305,200

ACS 5-Year

Cap rate proxy

5.2%

FMR × 0.65 ÷ Home Value

Rent-to-income

20.3%

HUD FMR ÷ ACS HHI

Net migration

+1.42%

IRS SOI

Permits (TTM)

5,668

Census BPS

Climate risk

100.0

FEMA NRI (0–100)

ZIP 60171

Median home value

$295,845

Gross yield

6.4%

Cap rate

5.6%

Rent gap

13.1%

Affordability

P/I: 3.6R/I:

Section 8 detail

SAFMR: $1,590Rent: $1,381Gap: 15.1%
ZIP code breakdown167 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
60472$109,238$1,62017.8%15.2%14.8%
60429$169,161$1,82012.9%9.8%24.1%
60827$122,535$1,45014.2%12.1%14.5%
60478$197,939$2,24013.6%8.4%38.4%
60649$138,247$1,52013.2%12.1%8.6%

Ranked by composite score

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Demographics

Owner-occupied

57.5%

Census ACS

Vacancy rate

8.2%

Census ACS

Bachelor's degree +

41.9%

Census ACS

Rent burdened

45.1%

Census ACS (>30% income)

Median age

37.8

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026