Median home value in zip code 60042 (Island Lake, IL) is $293,311, up 6.2% year over year. Part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area.

Home Value$293,311

YoY Change

+6.2%

Prices rising — worse for buyers.

Affordability

Enter your income for 60042 (Island Lake).

Income (annual)

Down Payment

$58,662 on $293,311

Example: $75,000 household income. Change it above to see your own.

Stretch34.3% of income

Above 28% but manageable with cuts.

PITI$2,146

P/I34.3%

Afford$239K

Gap-$54K

P&I $1,483Tax $513Ins $150

6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.

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.

View Chicago-Naperville-Elgin, IL-IN-WI analysis

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