Zip lookup · IL

60607
Chicago, Illinois.

Chicago, Cook County, IL · Chicago-Naperville-Elgin, IL-IN-WI metro · population 32,392

What it costs per month · 60607 $2,351/mo

to buy the typical home at today's mortgage rate — +$561 (+31%) since Jan 2020.

What the home itself did
1 year
Up $22,416 +5%
$425,460$447,876 since Sep 2025
5 years
Down $27,661 -6%
$475,536$447,876 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 $2,500 2002 2006 2010 2014 2018 2022 2026 60607 $2,351 United States $1,922
$500 $1,000 $1,500 $2,000 $2,500 2002 2010 2018 2026
  • 60607$2,351
  • United States$1,922

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

Typical home values in zip 60607 rose 5.3% over the past year — faster than the nation's +1.2%.

Asking rents in zip 60607 rose 5.9% over the past year — faster than the nation's +2.7%.

Owning the typical home in zip 60607 runs $567/mo more than renting one. The gap peaked at $1,310 in Oct 2018.

That is $3,542 a month against $2,975 rent: a $2,351 mortgage payment, plus $712 property tax and $479 insurance & upkeep.

Owning vs renting — zip 60607

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.

$1,500 $2,000 $2,500 $3,000 $3,500 2018 2020 2022 2024 2026 Owning all in $3,542 Renting $2,975 Mortgage only $2,351
$1,500 $2,000 $2,500 $3,000 $3,500 2018 2022 2026
  • Owning all in$3,542
  • Renting$2,975
  • Mortgage only$2,351

Property tax · $712/mo 1.91% of value a year — the ACS 2020-2024 median bill over the median home value for Cook County, IL

Insurance & upkeep · $479/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 $2,975 as of Sep 2026
+5.9%year on year
Typical home value $447,876 as of Sep 2026
+5.3%year on year

Asking rent — 60607

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

$1,500 $2,000 $2,500 $3,000 2018 2020 2022 2024 2026 60607 $2,975 Chicago $2,163 United States $1,932
$1,500 $2,000 $2,500 $3,000 2018 2022 2026
  • 60607$2,975
  • Chicago$2,163
  • United States$1,932

Typical home value — 60607

Mid-tier homes, smoothed and seasonally adjusted.

$300,000 $400,000 $500,000 2018 2020 2022 2024 2026 60607 $447,876 Chicago $355,650 United States $366,157
$300,000 $400,000 $500,000 2018 2022 2026
  • 60607$447,876
  • Chicago$355,650
  • United States$366,157

Within 20 miles

Showing 30 of 146 zips in range — sorting picks from all 146.

10 mi 20 mi 50 mi
Miles Zip City Population Rent Home value
0.7 60661 Chicago 11,398 $2,607 $349,059
0.9 60606 Chicago 3,840 $2,794 $334,437
1.2 60604 Chicago 616 — $329,485
1.3 60602 Chicago 1,480 $2,438 $296,968
1.3 60603 Chicago 1,298 $2,382 $344,576
1.4 60654 Chicago 25,755 $2,879 $382,667
1.7 60601 Chicago 15,235 $3,042 $389,068
1.8 60605 Chicago 36,210 $2,756 $343,490
1.9 60612 Chicago 35,744 $2,328 $380,092
1.9 60642 Chicago 21,789 $2,712 $580,122
2.0 60608 Chicago 80,737 $1,914 $367,513
2.1 60610 Chicago 44,883 $2,905 $395,014
2.2 60611 Chicago 37,705 $2,956 $361,427
2.4 60616 Chicago 54,308 $1,857 $337,788
2.5 60622 Chicago 54,609 $2,534 $660,406
3.3 60614 Chicago 70,693 $2,869 $682,500
3.7 60624 Chicago 35,263 $1,662 $229,782
3.9 60623 Chicago 81,277 $1,581 $227,958
4.1 60647 Chicago 84,749 $2,335 $583,612
4.3 60609 Chicago 62,028 $1,642 $263,163
4.4 60653 Chicago 33,383 $2,272 $331,511
4.5 60657 Chicago 71,904 $2,480 $546,908
5.0 60651 Chicago 63,335 $1,751 $284,370
5.4 60632 Chicago 89,107 $1,551 $288,846
5.5 60644 Chicago 47,210 $1,312 $220,953
5.6 60615 Chicago 42,975 $1,855 $251,090
5.6 60613 Chicago 52,244 $2,257 $361,540
5.6 60618 Chicago 91,901 $2,240 $586,022
6.0 60804 Cicero 82,797 $1,330 $278,158
6.2 60639 Chicago 84,240 $1,740 $334,063

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