Interested in purchasing investment houses in the 60123 zip code in Elgin, IL?
The zip code 60123 is in Kane county with a latitude of -88.311310000000 and longitude of 42.040220000000, is in the state of Illinois. The average asking price of houses and condos is $139,648.00 and the average sale price was $118,037.00. this regions is classified as the Chicago metro area and consists of the following area codes: 224 and 847. The location in degrees is 42° 2' 24.792" N, 88° 18' 40.716" W. The county F.I.P.S. is 17089. This zip code contains two cities including Elgin, IL (93.82%), and South Elgin, IL (0.00%) The total land area is 13.8 square miles and the water area is 0.3 square miles. The elevation in this area is 748 - 853 feet. The zip code is on central standard time and observes daylight savings time.
The zip 60123 is in county number 089 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 49,481 in 2019 and 47,405 in 2010. Of this, the break down in 2019 was 46,427 urban and 3,053 rural. This further breaks down to 24,675 males (49.9%) and 24,805 females (50.1%). The median age of residents is 36.4 years. The population of the greater Chicago-Naperville-Joliet, IL-IN-WI area is 9,739,919. The population density (people per square mile) is 3,593. This zip code has a combined total of 18,084 houses and condos. There are 5,688 rented appartments. 33% of residents rent versus the 33% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $46,336 and the average salary is $41,345. The median household income of individuals is $66,287.00 and the average is $51,890.00. This zip code has a mean commute time to work of 27.7 minutes. The unemployment rate is 4.9%. Income earners by percent breakdown as 33.70% (Under $50,000), 40.20% ($50,000-$100,000), and 26.10% earn over $100,000. 10.8% of residents live below poverty line versus the 11.5% in the state that are below this line. The cost of living index is 100.8. The educational breakdown is 81.0% have a high school education or higher, 24.2% have a bachelor's degree or higher, and 8.4% have some kind of profesional degree.
This area has 16,157 households and the average size is 2.8 people. Individuals who are single and have never been married are 36.5%, 46.9% are now married, 1.7% are separated, 5.0% are widowed, and 9.8% are divorced. The average yearly contribution amount given by people to charity was $2,701 versus the state average of $4,525. The percent of residents who gave to charity was 29.1%.
The estimated median value of houses and condos is $192,289. The median monthly owner costs of mortgage holders was $1,607, where as the costs for those who don't have a mortgage are $691. The median number of rooms in houses and condos are 6.4 versus apartments which had a median number of 4.1.
The real estate tax percent rate is 2.7% which equated to an average real estate tax amount payment of $5,161. In comparision, the average real estate tax percent rate in the state is 2.2% which equated to an average real estate tax amount payment in the state of $4,527. The median housing property tax percent for residents with mortgages was 2.8% which amounted to an average tax amount of $5,360. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.5% which amounted to an average tax amount of $4,706. Reported taxable interest for persons was $997, dividends $4,071, capital gains +$3,030, and itemized deductions $20,001. The average earned income tax credit is $2,416. The percent of individuals that use a tax preparer is 57.7%. The total average income taxes paid by individuals was $8,680. Businesses reported an average profit of $8,602.
Lone Star Steakhouse
155 S Randall Rd, Elgin, IL 60123
Papa Saverio's Pizzeria
853 S Randall Rd, Elgin, IL 60123
White Cottage Pizzeria
280 S Randall Rd, Elgin, IL 60123
D Hangout Bar & Grill
550 S Mclean Blvd, Elgin, IL 60123
Big Skillet Restaurant & Pancake House
90 Tyler Creek Plz, Elgin, IL 60123
Alexander's Restaurant
1725 N State St, Elgin, IL 60123
Burnt Toast
2492 N Randall Rd, Elgin, IL 60123
Cafe Roma
2175 Point Blvd Ste 120, Elgin, IL 60123
The Walnut Speakeasy
214 Walnut Ave, Elgin, IL 60123
Santa Rosa Golf & Beach Club
4801 W County Highway 30A, Elgin, IL 60123
Juanita's Restaurant
308 S Mclean Blvd, Elgin, IL 60123
Hunan Garden Restaurant
312 S Mclean Blvd, Elgin, IL 60123
Carmina's Restaurant & Banquet
1055 N Randall Rd, Elgin, IL 60123
Bennigan's
495 Airport Rd, Elgin, IL 60123
Lina's Filipino Marketplace
10 Tyler Creek Plz, Elgin, IL 60123
Chan's Garden
788 S Mclean Blvd, Elgin, IL 60123
Little Panda Chinese Asian Restaurant
267 S Randall Rd, Elgin, IL 60123
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