Interested in purchasing investment houses in the 60609 zip code in Chicago, IL?
The zip code 60609 is in Cook county with a latitude of -87.655650000000 and longitude of 41.812520000000, is in the state of Illinois. The average asking price of houses and condos is $127,971.00 and the average sale price was $117,726.00. 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° 48' 45.072" N, 87° 39' 20.34" W. The county F.I.P.S. is 17031. The total land area is 7.8 square miles and the water area is 0.0 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 60609 is in county number 031 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 61,603 in 2019 and 64,906 in 2010. This further breaks down to 30,478 males (49.5%) and 31,125 females (50.5%). The median age of residents is 32.6 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 7,941. This zip code has a combined total of 25,126 houses and condos. There are 13,230 rented appartments. 62% of residents rent versus the 62% 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 $31,641 and the average salary is $31,269. The median household income of individuals is $31,357.00 and the average is $40,710.00. This zip code has a mean commute time to work of 33.7 minutes. The unemployment rate is 12.7%. Income earners by percent breakdown as 68.70% (Under $50,000), 22.40% ($50,000-$100,000), and 8.90% earn over $100,000. 24.6% of residents live below poverty line versus the 11.5% in the state that are below this line. The cost of living index is 103.0. The educational breakdown is 75.4% have a high school education or higher, 15.0% have a bachelor's degree or higher, and 5.2% have some kind of profesional degree.
This area has 20,119 households and the average size is 2.9 people. Individuals who are single and have never been married are 48.1%, 35.0% are now married, 3.1% are separated, 6.3% are widowed, and 7.4% are divorced. The average yearly contribution amount given by people to charity was $2,591 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 $200,583. The median monthly owner costs of mortgage holders was $1,690, where as the costs for those who don't have a mortgage are $584. The median number of rooms in houses and condos are 5.7 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 1.5% which equated to an average real estate tax amount payment of $3,003. 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 $3,222. 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 $2,651. Reported taxable interest for persons was $506, dividends $2,390, capital gains +$3,204, and itemized deductions $19,561. The average earned income tax credit is $2,848. The percent of individuals that use a tax preparer is 59.4%. The total average income taxes paid by individuals was $6,865. Businesses reported an average profit of $8,876.
Italian Fiesta Pizzeria
1306 E 47th St, Chicago, IL 60653 (2.2 miles away)
Piccolo Mondo
1642 E 56th St Ste 1, Chicago, IL 60637 (3.2 miles away)
Lang Ice
3604 W 59th St, Chicago, IL 60629 (3.5 miles away)
La Luce
1393 W Lake St, Chicago, IL 60607 (4.3 miles away)
Greek Islands Restaurant
200 S Halsted St, Chicago, IL 60661 (5 miles away)
BLT Steak
151 W Adams St, Chicago, IL 60603 (5 miles away)
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