Interested in purchasing investment houses in the 60601 zip code in Chicago, IL?
The zip code 60601 is in Cook county with a latitude of -87.621940000000 and longitude of 41.885260000000, is in the state of Illinois. The average asking price of houses and condos is $553,357.00 and the average sale price was $490,500.00. this regions is classified as the Chicago metro area and is in the 312 area code. The location in degrees is 41° 53' 6.936" N, 87° 37' 18.984" W. The county F.I.P.S. is 17031. The total land area is 0.4 square miles and the water area is 0.0 square miles. The elevation in this area is 581 - 581 feet. The zip code is on central standard time and observes daylight savings time.
The zip 60601 is in county number 031 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 15,247 in 2019 and 11,110 in 2010. This further breaks down to 7,103 males (46.6%) and 8,143 females (53.4%). The median age of residents is 34.0 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 39,456. This zip code has a combined total of 10,924 houses and condos. There are 6,040 rented appartments. 67% of residents rent versus the 67% 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 $253,581 and the average salary is $130,699. The median household income of individuals is $109,589.00 and the average is $298,180.00. This zip code has a mean commute time to work of 29.0 minutes. The unemployment rate is 3.8%. Income earners by percent breakdown as 20.40% (Under $50,000), 25.60% ($50,000-$100,000), and 54.00% earn over $100,000. 8.7% of residents live below poverty line versus the 11.5% in the state that are below this line. The cost of living index is 109.5. The educational breakdown is 102.5% have a high school education or higher, 89.6% have a bachelor's degree or higher, and 48.7% have some kind of profesional degree.
This area has 6,739 households and the average size is 1.6 people. Individuals who are single and have never been married are 47.5%, 41.9% are now married, 1.3% are separated, 4.0% are widowed, and 5.3% are divorced. The average yearly contribution amount given by people to charity was $90,543 versus the state average of $4,525. The percent of residents who gave to charity was 37.7%.
The estimated median value of houses and condos is $574,325. The median monthly owner costs of mortgage holders was $3,250, where as the costs for those who don't have a mortgage are $1,516. The median number of rooms in houses and condos are 3.9 versus apartments which had a median number of 2.8.
The real estate tax percent rate is 1.4% which equated to an average real estate tax amount payment of $8,316. 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 1.4% which amounted to an average tax amount of $7,645. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.5% which amounted to an average tax amount of $8,999. Reported taxable interest for persons was $7,769, dividends $40,513, capital gains +$161,231, and itemized deductions $117,293. The average earned income tax credit is $995. The percent of individuals that use a tax preparer is 52.2%. The total average income taxes paid by individuals was $28,761. Businesses reported an average profit of $38,466.
South Water Kitchen
225 N Wabash Ave, Chicago, IL 60601
Sidebar Grille
221 N La Salle St, Chicago, IL 60601
BLT Steak
151 W Adams St, Chicago, IL 60603 (0.7 miles away)
312 Chicago
136 N La Salle St, Chicago, IL 60602 (0.7 miles away)
Volare-Chicago
201 E Grand Ave, Chicago, IL 60611 (0.8 miles away)
Wildfire Chicago
159 W Erie St, Chicago, IL 60654 (1.1 miles away)
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
