Interested in purchasing investment houses in the 60607 zip code in Chicago, IL?
The zip code 60607 is in Cook county with a latitude of -87.651570000000 and longitude of 41.875000000000, is in the state of Illinois. The average asking price of houses and condos is $413,835.00 and the average sale price was $362,838.00. this regions is classified as the Chicago metro area and is in the 312 area code. The location in degrees is 41° 52' 30" N, 87° 39' 5.652" W. The county F.I.P.S. is 17031. The total land area is 2.3 square miles and the water area is 0.0 square miles. The elevation in this area is 587 - 591 feet. The zip code is on central standard time and observes daylight savings time.
The zip 60607 is in county number 031 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 29,612 in 2019 and 23,897 in 2010. This further breaks down to 14,886 males (50.3%) and 14,725 females (49.7%). The median age of residents is 30.5 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 12,763. This zip code has a combined total of 14,765 houses and condos. There are 7,524 rented appartments. 58% of residents rent versus the 58% 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 $114,063 and the average salary is $91,815. The median household income of individuals is $59,427.00 and the average is $156,280.00. This zip code has a mean commute time to work of 27.6 minutes. The unemployment rate is 5.5%. Income earners by percent breakdown as 44.50% (Under $50,000), 27.20% ($50,000-$100,000), and 28.30% earn over $100,000. 18.8% of residents live below poverty line versus the 11.5% in the state that are below this line. The cost of living index is 106.5. The educational breakdown is 98.7% have a high school education or higher, 80.7% have a bachelor's degree or higher, and 37.5% have some kind of profesional degree.
This area has 11,497 households and the average size is 2.0 people. Individuals who are single and have never been married are 60.7%, 30.2% are now married, 0.5% are separated, 2.0% are widowed, and 6.7% are divorced. The average yearly contribution amount given by people to charity was $3,595 versus the state average of $4,525. The percent of residents who gave to charity was 36.2%.
The estimated median value of houses and condos is $438,318. The median monthly owner costs of mortgage holders was $2,639, where as the costs for those who don't have a mortgage are $1,000. The median number of rooms in houses and condos are 4.1 versus apartments which had a median number of 3.2.
The real estate tax percent rate is 1.5% which equated to an average real estate tax amount payment of $6,565. 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 1.5% which amounted to an average tax amount of $6,586. 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 $6,507. Reported taxable interest for persons was $1,363, dividends $6,274, capital gains +$20,937, and itemized deductions $32,326. The average earned income tax credit is $1,731. The percent of individuals that use a tax preparer is 46.5%. The total average income taxes paid by individuals was $14,209. Businesses reported an average profit of $18,822.
La Luce
1393 W Lake St, Chicago, IL 60607
Leona's Restaurant
1419 W Taylor St, Chicago, IL 60607
Greek Islands Restaurant
200 S Halsted St, Chicago, IL 60661 (1 miles away)
312 Chicago
136 N La Salle St, Chicago, IL 60602 (1.5 miles away)
BLT Steak
151 W Adams St, Chicago, IL 60603 (1.6 miles away)
Ferrara Original Inc.
2210 W Taylor St, Chicago, IL 60612 (1.6 miles away)
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