Median home value in zip code 60053 (Morton Grove, IL) is $419K, up 6.8% 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$418,672

YoY Change

+6.8%

AFFORDABILITY

Enter your income for 60053 (Morton Grove).

Income (annual)

Down Payment

$83,734 on $418,672

Out of reach — 48% of income

Need $128,571/yr to afford.

PITI$3,000

P/I48%

Afford$244K

Gap-$174K

P&I $2,117Tax $733Ins $150

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

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

60053 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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