Interested in purchasing investment houses in the 60608 zip code in Chicago, IL?
The zip code 60608 is in Cook county with a latitude of -87.671300000000 and longitude of 41.848760000000, is in the state of Illinois. The average asking price of houses and condos is $287,722.00 and the average sale price was $182,216.00. this regions is classified as the Chicago metro area and consists of the following area codes: 773 and 872. The location in degrees is 41° 50' 55.536" N, 87° 40' 16.68" W. The county F.I.P.S. is 17031. The total land area is 6.4 square miles and the water area is 0.2 square miles. The elevation in this area is 591 - 594 feet. The zip code is on central standard time and observes daylight savings time.
The zip 60608 is in county number 031 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 80,932 in 2019 and 82,739 in 2010. This further breaks down to 44,933 males (55.5%) and 35,996 females (44.5%). The median age of residents is 32.9 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 12,744. This zip code has a combined total of 29,133 houses and condos. There are 16,464 rented appartments. 63% of residents rent versus the 63% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $35,266 and the average salary is $34,641. The median household income of individuals is $33,821.00 and the average is $46,620.00. This zip code has a mean commute time to work of 32.2 minutes. The unemployment rate is 5.8%. Income earners by percent breakdown as 68.00% (Under $50,000), 23.10% ($50,000-$100,000), and 8.90% earn over $100,000. 17.6% of residents live below poverty line versus the 11.5% in the state that are below this line. The cost of living index is 104.3. The educational breakdown is 72.5% have a high school education or higher, 29.7% have a bachelor's degree or higher, and 10.5% have some kind of profesional degree.
This area has 25,196 households and the average size is 2.7 people. Individuals who are single and have never been married are 52.9%, 34.2% are now married, 3.0% are separated, 3.1% are widowed, and 6.8% are divorced. The average yearly contribution amount given by people to charity was $2,519 versus the state average of $4,525. The percent of residents who gave to charity was 10.2%.
The estimated median value of houses and condos is $293,465. The median monthly owner costs of mortgage holders was $1,885, where as the costs for those who don't have a mortgage are $666. The median number of rooms in houses and condos are 5.5 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 1.4% which equated to an average real estate tax amount payment of $4,217. 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 $4,358. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.3% which amounted to an average tax amount of $3,902. Reported taxable interest for persons was $767, dividends $2,367, capital gains +$3,558, and itemized deductions $20,447. The average earned income tax credit is $2,423. The percent of individuals that use a tax preparer is 59.0%. The total average income taxes paid by individuals was $7,383. Businesses reported an average profit of $8,941.
La Luce
1393 W Lake St, Chicago, IL 60607 (1.5 miles away)
Ferrara Original Inc.
2210 W Taylor St, Chicago, IL 60612 (2.2 miles away)
Greek Islands Restaurant
200 S Halsted St, Chicago, IL 60661 (2.5 miles away)
BLT Steak
151 W Adams St, Chicago, IL 60603 (2.9 miles away)
312 Chicago
136 N La Salle St, Chicago, IL 60602 (2.9 miles away)
Wildfire Chicago
159 W Erie St, Chicago, IL 60654 (3.3 miles away)
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