Interested in purchasing investment houses in the 60605 zip code in Chicago, IL?
The zip code 60605 is in Cook county with a latitude of -87.619830000000 and longitude of 41.866840000000, is in the state of Illinois. The average asking price of houses and condos is $534,698.00 and the average sale price was $400,826.00. this regions is classified as the Chicago metro area and is in the 312 area code. The location in degrees is 41° 52' 0.624" N, 87° 37' 11.388" W. The county F.I.P.S. is 17031. The total land area is 1.2 square miles and the water area is 0.8 square miles. The elevation in this area is 584 - 584 feet. The zip code is on central standard time and observes daylight savings time.
The zip 60605 is in county number 031 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 29,376 in 2019 and 24,668 in 2010. This further breaks down to 13,271 males (45.2%) and 16,105 females (54.8%). 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 23,589. This zip code has a combined total of 16,958 houses and condos. There are 7,740 rented appartments. 51% of residents rent versus the 51% 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 $117,298 and the average salary is $103,524. The median household income of individuals is $64,706.00 and the average is $138,070.00. This zip code has a mean commute time to work of 29.4 minutes. The unemployment rate is 2.8%. Income earners by percent breakdown as 39.60% (Under $50,000), 28.40% ($50,000-$100,000), and 32.00% earn over $100,000. 8.2% of residents live below poverty line versus the 11.5% in the state that are below this line. The cost of living index is 106.4. The educational breakdown is 98.7% have a high school education or higher, 78.2% have a bachelor's degree or higher, and 42.1% have some kind of profesional degree.
This area has 12,703 households and the average size is 1.7 people. Individuals who are single and have never been married are 49.6%, 41.2% are now married, 1.9% are separated, 1.4% are widowed, and 6.0% are divorced. The average yearly contribution amount given by people to charity was $5,029 versus the state average of $4,525. The percent of residents who gave to charity was 41.0%.
The estimated median value of houses and condos is $441,083. The median monthly owner costs of mortgage holders was $2,525, where as the costs for those who don't have a mortgage are $1,288. The median number of rooms in houses and condos are 3.8 versus apartments which had a median number of 2.9.
The real estate tax percent rate is 1.3% which equated to an average real estate tax amount payment of $5,903. 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 1.3% which amounted to an average tax amount of $5,557. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.4% which amounted to an average tax amount of $7,353. Reported taxable interest for persons was $2,527, dividends $7,203, capital gains +$29,009, and itemized deductions $29,693. The average earned income tax credit is $960. The percent of individuals that use a tax preparer is 46.7%. The total average income taxes paid by individuals was $13,476. Businesses reported an average profit of $19,583.
BLT Steak
151 W Adams St, Chicago, IL 60603 (0.6 miles away)
312 Chicago
136 N La Salle St, Chicago, IL 60602 (0.8 miles away)
Greek Islands Restaurant
200 S Halsted St, Chicago, IL 60661 (1.1 miles away)
South Water Kitchen
225 N Wabash Ave, Chicago, IL 60601 (1.1 miles away)
Wildfire Chicago
159 W Erie St, Chicago, IL 60654 (1.5 miles away)
La Luce
1393 W Lake St, Chicago, IL 60607 (1.6 miles away)
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