Zip lookup · IL

60606
Chicago, Illinois.

Chicago, Cook County, IL · Chicago-Naperville-Elgin, IL-IN-WI metro · population 3,840

What it costs per month · 60606 $1,755/mo

to buy the typical home at today's mortgage rate — +$527 (+43%) since Jan 2020.

What the home itself did
1 year
Up $15,641 +5%
$318,795$334,437 since Sep 2025
5 years
Down $705 -0%
$335,141$334,437 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 60606 $1,755 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 60606$1,755
  • United States$1,922

At the last five years' pace, prices here aren't rising.

Typical home values in zip 60606 rose 4.9% over the past year — faster than the nation's +1.2%.

Asking rents in zip 60606 rose 2.9% over the past year — faster than the nation's +2.7%.

Owning the typical home in zip 60606 runs $149/mo less than renting one. The gap peaked at $346 in Aug 2021.

That is $2,645 a month against $2,794 rent: a $1,755 mortgage payment, plus $532 property tax and $358 insurance & upkeep.

Owning vs renting — zip 60606

The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.

$1,000 $1,500 $2,000 $2,500 2018 2019 2020 2021 2022 2023 2024 2025 2026 Owning all in $2,645 Renting $2,794 Mortgage only $1,755
$1,000 $1,500 $2,000 $2,500 2018 2022 2026
  • Owning all in$2,645
  • Renting$2,794
  • Mortgage only$1,755

Property tax · $532/mo 1.91% of value a year — the ACS 2020-2024 median bill over the median home value for Cook County, IL

Insurance & upkeep · $358/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.

Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.

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

Asking rent $2,794 as of Sep 2026
+2.9%year on year
Typical home value $334,437 as of Sep 2026
+4.9%year on year

Asking rent — 60606

Against the Chicago-Naperville-Elgin, IL-IN-WI metro and the national benchmark.

$1,500 $2,000 $2,500 2018 2019 2020 2021 2022 2023 2024 2025 2026 60606 $2,794 Chicago $2,163 United States $1,932
$1,500 $2,000 $2,500 2018 2022 2026
  • 60606$2,794
  • Chicago$2,163
  • United States$1,932

Typical home value — 60606

Mid-tier homes, smoothed and seasonally adjusted.

$250,000 $300,000 $350,000 $400,000 2018 2020 2022 2024 2026 60606 $334,437 Chicago $355,650 United States $366,157
$250,000 $300,000 $350,000 $400,000 2018 2022 2026
  • 60606$334,437
  • Chicago$355,650
  • United States$366,157

Within 20 miles

Showing 30 of 143 zips in range — sorting picks from all 143.

10 mi 20 mi 50 mi
Miles Zip City Population Rent Home value
0.4 60661 Chicago 11,398 $2,607 $349,059
0.4 60602 Chicago 1,480 $2,438 $296,968
0.5 60604 Chicago 616 — $329,485
0.5 60603 Chicago 1,298 $2,382 $344,576
0.7 60654 Chicago 25,755 $2,879 $382,667
0.8 60601 Chicago 15,235 $3,042 $389,068
0.9 60607 Chicago 32,392 $2,975 $447,876
1.3 60611 Chicago 37,705 $2,956 $361,427
1.4 60605 Chicago 36,210 $2,756 $343,490
1.5 60610 Chicago 44,883 $2,905 $395,014
1.8 60642 Chicago 21,789 $2,712 $580,122
2.6 60616 Chicago 54,308 $1,857 $337,788
2.6 60612 Chicago 35,744 $2,328 $380,092
2.8 60622 Chicago 54,609 $2,534 $660,406
2.9 60608 Chicago 80,737 $1,914 $367,513
2.9 60614 Chicago 70,693 $2,869 $682,500
4.1 60657 Chicago 71,904 $2,480 $546,908
4.3 60647 Chicago 84,749 $2,335 $583,612
4.4 60624 Chicago 35,263 $1,662 $229,782
4.5 60653 Chicago 33,383 $2,272 $331,511
4.7 60623 Chicago 81,277 $1,581 $227,958
4.9 60609 Chicago 62,028 $1,642 $263,163
5.2 60613 Chicago 52,244 $2,257 $361,540
5.5 60651 Chicago 63,335 $1,751 $284,370
5.6 60618 Chicago 91,901 $2,240 $586,022
5.8 60615 Chicago 42,975 $1,855 $251,090
6.2 60644 Chicago 47,210 $1,312 $220,953
6.2 60632 Chicago 89,107 $1,551 $288,846
6.4 60640 Chicago 65,445 $1,983 $373,521
6.7 60639 Chicago 84,240 $1,740 $334,063

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