Zip lookup · IL

60040
Highwood, Illinois.

Highwood, Lake County, IL · Chicago-Naperville-Elgin, IL-IN-WI metro · population 5,301

What it costs per month · 60040 $2,616/mo

to buy the typical home at today's mortgage rate — +$1,501 (+135%) since Jan 2020.

What the home itself did
1 year
Up $50,669 +11%
$447,680$498,349 since Sep 2025
5 years
Up $151,485 +44%
$346,864$498,349 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 60040 $2,616 United States $1,922
$500 $1,000 $1,500 $2,000 $2,500 2002 2010 2018 2026
  • 60040$2,616
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 10 years.

Typical home values in zip 60040 rose 11.3% over the past year — faster than the nation's +1.2%.

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

Asking rent $2,418 as of Aug 2026
Typical home value $498,349 as of Sep 2026
+11.3%year on year

Asking rent — 60040

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

$2,000 $2,200 $2,400 2026 60040 $2,418 Chicago $2,168 United States $1,930
$2,000 $2,200 $2,400 2026
  • 60040$2,418
  • Chicago$2,168
  • United States$1,930

Typical home value — 60040

Mid-tier homes, smoothed and seasonally adjusted.

$300,000 $400,000 $500,000 2018 2020 2022 2024 2026 60040 $498,349 Chicago $355,650 United States $366,157
$300,000 $400,000 $500,000 2018 2022 2026
  • 60040$498,349
  • Chicago$355,650
  • United States$366,157

Within 20 miles

Showing 30 of 78 zips in range — sorting picks from all 78.

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
1.6 60035 Highland Park 30,398 $3,147 $801,693
3.7 60045 Lake Forest 21,074 $3,952 $1,231,162
4.0 60015 Deerfield 28,096 $2,812 $730,410
5.4 60022 Glencoe 8,352 — $1,662,728
5.7 60062 Northbrook 41,406 $2,687 $715,242
5.8 60069 Lincolnshire 8,502 $3,419 $700,091
6.0 60044 Lake Bluff 10,312 $2,058 $675,520
7.7 60093 Winnetka 19,867 $2,010 $1,592,940
7.7 60090 Wheeling 38,298 $2,028 $316,176
7.8 60061 Vernon Hills 27,974 $2,587 $457,024
8.0 60026 Glenview 14,069 $2,597 $816,592
8.0 60089 Buffalo Grove 42,872 $2,402 $444,313
8.5 60064 North Chicago 14,884 $1,822 $223,548
9.1 60025 Glenview 41,689 $2,746 $635,711
9.2 60048 Libertyville 29,124 $2,185 $628,092
9.2 60070 Prospect Heights 15,496 $1,712 $329,888
9.6 60043 Kenilworth 2,503 — $2,109,560
9.9 60091 Wilmette 27,333 $3,794 $1,007,052
10.3 60029 Golf 518 — $1,309,332
10.6 60085 Waukegan 72,341 $1,710 $239,587
10.7 60004 Arlington Heights 51,835 $2,098 $507,524
11.4 60016 Des Plaines 60,898 $2,079 $338,573
11.4 60053 Morton Grove 24,619 $2,532 $450,017
11.5 60056 Mount Prospect 55,818 $1,832 $449,936
11.9 60201 Evanston 43,744 $2,762 $579,006
11.9 60047 Lake Zurich 44,240 $3,191 $663,464
11.9 60203 Evanston 4,680 — $602,053
12.1 60074 Palatine 36,460 $1,945 $315,140
12.1 60077 Skokie 28,501 $2,430 $382,604
12.3 60714 Niles 30,305 $2,274 $416,269

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