Median home value in zip code 60602 (Chicago, IL) is $246,239, down 11.8% year over year. Part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area.

Home Value$246,239

YoY Change

-11.8%

Prices falling — better for buyers.

Affordability

Enter your income for 60602 (Chicago).

Income (annual)

Down Payment

$49,248 on $246,239

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

Stretch29.2% of income

Above 28% but manageable with cuts.

PITI$1,826

P/I29.2%

Afford$236K

Gap-$10K

P&I $1,245Tax $431Ins $150

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

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

Metro Analysis

60602 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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