Median home value in zip code 60042 (Island Lake, IL) is $293K, up 6.2% year over year. Part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area.
Full stress scores, AI analysis, and 12-month forecast: Chicago-Naperville-Elgin, IL-IN-WI metro →
Home Value$293,311
YoY Change
+6.2%
AFFORDABILITY6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.
Enter your income for 60042 (Island Lake).
$58,662 on $293,311
Stretch — 34.3% of income
Above 28% but manageable with cuts.
PITI$2,146
P/I34.3%
Afford$239K
Gap-$54K
P&I $1,483Tax $513Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Metro Analysis
60042 is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.
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