Zip lookup · IL

60407
Braceville, Illinois.

Braceville, Grundy County, IL · Chicago-Naperville-Elgin, IL-IN-WI metro · population 1,812

What it costs per month · 60407 $1,175/mo

to buy the typical home at today's mortgage rate — +$639 (+119%) since Jan 2020.

What the home itself did
1 year
Up $9,954 +5%
$213,931$223,884 since Sep 2025
5 years
Up $57,481 +35%
$166,404$223,884 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 60407 $1,175 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 60407$1,175
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 12 years.

Typical home values in zip 60407 rose 4.7% over the past year — faster than the nation's +1.2%.

This zip spans 2 counties: Grundy County, IL 80% · Will County, IL 20%

Zillow also publishes an index for the city itself: Braceville, IL — measured over the city limits, which is a different area from this zip.

Typical home value $223,884 as of Sep 2026
+4.7%year on year

Typical home value — 60407

Mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 60407 $223,884 Chicago $355,650 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • 60407$223,884
  • Chicago$355,650
  • United States$366,157

Within 20 miles

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
3.5 60408 Braidwood 5,327 — $286,884
3.7 60474 South Wilmington 663 — $194,559
4.5 60416 Coal City 9,550 $1,350 $294,797
5.6 60424 Gardner 2,153 — $235,237
6.4 60935 Essex 1,259 — $289,970
7.3 60444 Mazon 1,901 — $273,636
8.0 60481 Wilmington 11,195 — $273,460
8.8 60961 Reddick 740 — $256,998
11.9 60913 Bonfield 1,683 — $317,969
12.8 60420 Dwight 4,682 — $211,131
13.1 60450 Morris 20,783 $1,574 $314,542
13.3 60917 Buckingham 449 — $267,038
13.3 60479 Verona 671 — $353,661
13.4 60410 Channahon 14,239 — $387,325
15.3 60421 Elwood 3,649 — $320,882
16.2 60941 Herscher 1,627 — $262,822
16.8 60919 Cabery 520 — $152,579
18.1 60447 Minooka 16,102 — $373,465
19.1 60934 Emington 243 — $212,127
19.1 61360 Seneca 3,610 — $231,795
19.3 60442 Manhattan 13,753 — $399,412
19.3 60436 Joliet 19,423 $2,098 $227,031
19.3 60404 Shorewood 20,385 — $416,478
19.8 60950 Manteno 11,964 $1,380 $320,702
20.0 60470 Ransom 358 — $206,353

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.