Zip lookup · IL

60649
Chicago, Illinois.

Chicago, Cook County, IL · Chicago-Naperville-Elgin, IL-IN-WI metro · population 48,056

What it costs per month · 60649 $751/mo

to buy the typical home at today's mortgage rate — +$273 (+57%) since Jan 2020.

What the home itself did
1 year
Down $5,930 -4%
$148,955$143,026 since Sep 2025
5 years
Down $20,898 -13%
$163,923$143,026 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 60649 $751 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 60649$751
  • United States$1,922

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

Typical home values in zip 60649 fell 4.0% over the past year — slower than the nation's +1.2%.

Asking rents in zip 60649 rose 3.3% over the past year — faster than the nation's +2.7%.

Owning the typical home in zip 60649 runs $150/mo less than renting one. The gap peaked at $226 in Oct 2022.

That is $1,131 a month against $1,281 rent: a $751 mortgage payment, plus $227 property tax and $153 insurance & upkeep.

Owning vs renting — zip 60649

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.

$500 $750 $1,000 $1,250 2018 2020 2022 2024 2026 Owning all in $1,131 Renting $1,281 Mortgage only $751
$500 $750 $1,000 $1,250 2018 2022 2026
  • Owning all in$1,131
  • Renting$1,281
  • Mortgage only$751

Property tax · $227/mo 1.91% of value a year — the ACS 2020-2024 median bill over the median home value for Cook County, IL

Insurance & upkeep · $153/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 $1,281 as of Sep 2026
+3.3%year on year
Typical home value $143,026 as of Sep 2026
-4.0%year on year

Asking rent — 60649

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

$1,000 $1,500 $2,000 2018 2020 2022 2024 2026 60649 $1,281 Chicago $2,163 United States $1,932
$1,000 $1,500 $2,000 2018 2022 2026
  • 60649$1,281
  • Chicago$2,163
  • United States$1,932

Typical home value — 60649

Mid-tier homes, smoothed and seasonally adjusted.

$100,000 $200,000 $300,000 2018 2020 2022 2024 2026 60649 $143,026 Chicago $355,650 United States $366,157
$100,000 $200,000 $300,000 2018 2022 2026
  • 60649$143,026
  • Chicago$355,650
  • United States$366,157

Within 20 miles

Showing 30 of 138 zips in range — sorting picks from all 138.

10 mi 20 mi 50 mi
Miles Zip City Population Rent Home value
2.4 60619 Chicago 59,503 $1,335 $175,199
2.6 60637 Chicago 52,721 $1,757 $244,855
3.2 60617 Chicago 74,790 $1,497 $180,176
3.6 60615 Chicago 42,975 $1,855 $251,090
4.1 60621 Chicago 28,301 $1,625 $128,484
4.7 60620 Chicago 64,871 $1,305 $182,454
4.8 60653 Chicago 33,383 $2,272 $331,511
5.4 60628 Chicago 60,431 $1,725 $147,955
5.6 60636 Chicago 32,198 $1,447 $142,506
6.0 60609 Chicago 62,028 $1,642 $263,163
6.4 46394 Whiting 11,894 $1,293 $205,737
6.5 60643 Chicago 45,942 $2,118 $237,116
6.6 60633 Chicago 12,474 $1,688 $194,020
6.8 60616 Chicago 54,308 $1,857 $337,788
7.6 60805 Evergreen Park 19,420 $1,744 $290,122
7.7 60629 Chicago 108,324 $1,404 $273,942
7.8 60652 Chicago 41,074 $2,553 $276,016
8.0 60605 Chicago 36,210 $2,756 $343,490
8.3 60827 Riverdale 24,713 $1,290 $134,840
8.3 60608 Chicago 80,737 $1,914 $367,513
8.5 60655 Chicago 28,434 $1,895 $335,294
8.5 60632 Chicago 89,107 $1,551 $288,846
8.7 46327 Hammond 10,597 $1,471 $156,164
8.8 60456 Hometown 4,215 — $212,494
8.9 60604 Chicago 616 — $329,485
9.0 60603 Chicago 1,298 $2,382 $344,576
9.2 60607 Chicago 32,392 $2,975 $447,876
9.2 60602 Chicago 1,480 $2,438 $296,968
9.2 60601 Chicago 15,235 $3,042 $389,068
9.3 60419 Dolton 20,825 $2,343 $156,778

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