Chicago-Naperville-Elgin, IL-IN-WI · Illinois
Will County
ZIP 60408
698,450 residents2,002 permits TTM$107,799 median HHI30 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$298,000
ACS 5-Year
Cap rate proxy
5.3%
FMR × 0.65 ÷ Home Value
Rent-to-income
15.7%
HUD FMR ÷ ACS HHI
Net migration
+2.16%
IRS SOI
Permits (TTM)
2,002
Census BPS
Climate risk
97.3
FEMA NRI (0–100)
ZIP 60408
Median home value
$298,000
Gross yield
6.1%
Buy Box score
0.8
Section 8 gap
6.9%
Affordability
P/I: 2.5R/I: —
Section 8 detail
SAFMR: $1,510Rent: $1,413Gap: 6.9%
ZIP code breakdown30 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 60586 | $298,000 | $2,600 | 10.5% | 1.0 | 84.0% |
| 60446 | $298,000 | $2,310 | 9.3% | 1.0 | 63.5% |
| 60431 | $298,000 | $1,880 | 7.6% | 1.0 | 33.1% |
| 60440 | $298,000 | $2,060 | 8.3% | 1.0 | 45.8% |
| 60490 | $298,000 | $2,670 | 10.8% | 0.9 | 89.0% |
| 60503 | $298,000 | $2,500 | 10.1% | 0.9 | 76.9% |
| 60441 | $298,000 | $1,880 | 7.6% | 0.9 | 33.1% |
| 60404 | $298,000 | $2,390 | 9.6% | 0.9 | 69.1% |
| 60544 | $298,000 | $2,330 | 9.4% | 0.9 | 64.9% |
| 60585 | $298,000 | $2,670 | 10.8% | 0.9 | 89.0% |
| 60484 | $298,000 | $1,840 | 7.4% | 0.9 | 30.2% |
| 60410 | $298,000 | $2,100 | 8.5% | 0.9 | 48.6% |
| 60436 | $298,000 | $1,660 | 6.7% | 0.9 | 17.5% |
| 60433 | $298,000 | $1,590 | 6.4% | 0.9 | 12.5% |
| 60432 | $298,000 | $1,560 | 6.3% | 0.9 | 10.4% |
| 60403 | $298,000 | $1,690 | 6.8% | 0.8 | 19.6% |
| 60435 | $298,000 | $1,630 | 6.6% | 0.8 | 15.4% |
| 60491 | $298,000 | $2,070 | 8.3% | 0.8 | 46.5% |
| 60417 | $298,000 | $1,570 | 6.3% | 0.8 | 11.1% |
| 60408 | $298,000 | $1,510 | 6.1% | 0.8 | 6.9% |
| 60448 | $298,000 | $1,850 | 7.4% | 0.8 | 30.9% |
| 60423 | $298,000 | $1,840 | 7.4% | 0.7 | 30.2% |
| 60449 | $298,000 | $1,500 | 6.0% | 0.7 | 6.2% |
| 60401 | $298,000 | $1,410 | 5.7% | 0.7 | -0.2% |
| 60481 | $298,000 | $1,290 | 5.2% | 0.7 | -8.7% |
| 60421 | $298,000 | $1,380 | 5.6% | 0.6 | -2.3% |
| 60451 | $298,000 | $1,630 | 6.6% | 0.6 | 15.4% |
| 60468 | $298,000 | $1,330 | 5.4% | 0.6 | -5.9% |
| 60564 | $298,000 | $2,670 | 10.8% | 0.6 | 89.0% |
| 60442 | $298,000 | $1,390 | 5.6% | 0.5 | -1.6% |
Sort by any column. Click a ZIP for detail.
Demographics
Owner-occupied
82.5%
Census ACS
Vacancy rate
4.5%
Census ACS
Bachelor's degree +
36.5%
Census ACS
Rent burdened
45.4%
Census ACS (>30% income)
Median age
38.9
Census ACS
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