Zip lookup · IL

60654
Chicago, Illinois.

Chicago, Cook County, IL · Chicago-Naperville-Elgin, IL-IN-WI metro · population 25,755

What it costs per month · 60654 $2,009/mo

to buy the typical home at today's mortgage rate — +$424 (+27%) since Jan 2020.

What the home itself did
1 year
Up $6,406 +2%
$376,261$382,667 since Sep 2025
5 years
Down $48,823 -11%
$431,490$382,667 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 60654 $2,009 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 60654$2,009
  • United States$1,922

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

Typical home values in zip 60654 rose 1.7% over the past year — faster than the nation's +1.2%.

Asking rents in zip 60654 rose 4.2% over the past year — faster than the nation's +2.7%.

Owning the typical home in zip 60654 runs $147/mo more than renting one. The gap peaked at $980 in May 2018.

That is $3,027 a month against $2,879 rent: a $2,009 mortgage payment, plus $608 property tax and $410 insurance & upkeep.

Owning vs renting — zip 60654

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 2018 2020 2022 2024 2026 Owning all in $3,027 Renting $2,879 Mortgage only $2,009
$1,500 $2,000 $2,500 $3,000 2018 2022 2026
  • Owning all in$3,027
  • Renting$2,879
  • Mortgage only$2,009

Property tax · $608/mo 1.91% of value a year — the ACS 2020-2024 median bill over the median home value for Cook County, IL

Insurance & upkeep · $410/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 $2,879 as of Sep 2026
+4.2%year on year
Typical home value $382,667 as of Sep 2026
+1.7%year on year

Asking rent — 60654

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 60654 $2,879 Chicago $2,163 United States $1,932
$1,500 $2,000 $2,500 $3,000 2018 2022 2026
  • 60654$2,879
  • Chicago$2,163
  • United States$1,932

Typical home value — 60654

Mid-tier homes, smoothed and seasonally adjusted.

$300,000 $400,000 $500,000 2018 2020 2022 2024 2026 60654 $382,667 Chicago $355,650 United States $366,157
$300,000 $400,000 $500,000 2018 2022 2026
  • 60654$382,667
  • Chicago$355,650
  • United States$366,157

Within 20 miles

Showing 30 of 140 zips in range — sorting picks from all 140.

10 mi 20 mi 50 mi
Miles Zip City Population Rent Home value
0.7 60606 Chicago 3,840 $2,794 $334,437
0.7 60661 Chicago 11,398 $2,607 $349,059
0.7 60602 Chicago 1,480 $2,438 $296,968
0.8 60610 Chicago 44,883 $2,905 $395,014
0.9 60601 Chicago 15,235 $3,042 $389,068
0.9 60611 Chicago 37,705 $2,956 $361,427
1.0 60603 Chicago 1,298 $2,382 $344,576
1.0 60604 Chicago 616 — $329,485
1.3 60642 Chicago 21,789 $2,712 $580,122
1.4 60607 Chicago 32,392 $2,975 $447,876
2.0 60605 Chicago 36,210 $2,756 $343,490
2.2 60614 Chicago 70,693 $2,869 $682,500
2.5 60622 Chicago 54,609 $2,534 $660,406
2.7 60612 Chicago 35,744 $2,328 $380,092
3.3 60616 Chicago 54,308 $1,857 $337,788
3.4 60657 Chicago 71,904 $2,480 $546,908
3.5 60608 Chicago 80,737 $1,914 $367,513
3.9 60647 Chicago 84,749 $2,335 $583,612
4.5 60613 Chicago 52,244 $2,257 $361,540
4.5 60624 Chicago 35,263 $1,662 $229,782
5.1 60618 Chicago 91,901 $2,240 $586,022
5.2 60623 Chicago 81,277 $1,581 $227,958
5.2 60653 Chicago 33,383 $2,272 $331,511
5.4 60651 Chicago 63,335 $1,751 $284,370
5.6 60609 Chicago 62,028 $1,642 $263,163
5.7 60640 Chicago 65,445 $1,983 $373,521
6.3 60644 Chicago 47,210 $1,312 $220,953
6.4 60639 Chicago 84,240 $1,740 $334,063
6.4 60615 Chicago 42,975 $1,855 $251,090
6.5 60625 Chicago 76,760 $1,969 $424,607

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