Compare with
A cash-flow-lean market. Rents carry the return here rather than price growth.
What would change this read: price growth (median −2.7% YoY) outrunning rents would pull rent-to-price back under 0.8%/mo and weaken the cash-flow case. inventory, −16.7% YoY, is the number to watch.
The median listing price is down 2.7% YoY while the median home got up 5.1% bigger, so value per square foot is down 4.4%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
Not shown: 8 BR (no price per sq ft reported).
At the median, a $174K purchase rents for $1,550/mo: 0.89% of price per month against the 1% rule's 1.00%.
Not shown: 5 BR (sale only, no matching rent), 6 BR (sale only, no matching rent), 7 BR (sale only, no matching rent), 8 BR (sale only, no matching rent).
Sales here take about 89 days longer to go under contract than rentals (median across 2 property types).
Not shown: Apartment (rented here, not sold), Land (sold here, not rented), Multi-Family (sold here, not rented), Townhouse (rented here, not sold).
U.S. Census ACS characteristics for ZIP 60409 itself, not its parent county.
Renters hold 44.3% of this ZIP's 14,332 occupied households, on a median household income of $55K.
| Measure | ZIP 60409 | Cook County | Difference |
|---|---|---|---|
| Median Household Income | $55K | $83K | -$28K |
| Below Poverty Level | 23.4% | 13.5% | +9.9% |
| Median Age | 38.60 | 38.00 | +0.60 |
| Total Population | 35,100 | 5,182,090 | -- |
| Avg Household Size | 2.45 | 2.43 | +0.02 |
| Owner-Occupied | 55.7% | 57.7% | -2.0% |
| Worked From Home | 9.8% | 18.9% | -9.1% |
| Mean Commute | 34.40 | 31.50 | +2.90 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is down 0.1% to 5,182,090: residents under 18 are down 1.7% and those 65 and over are up 2.6%.
County median household income is $83K, 13.5% of residents are below the poverty level, 18.9% work from home.