Interested in purchasing investment houses in the 60624 zip code in Chicago, IL?
The zip code 60624 is in Cook county with a latitude of -87.723350000000 and longitude of 41.880560000000, is in the state of Illinois. The average asking price of houses and condos is $108,110.00 and the average sale price was $43,355.00. 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° 52' 50.016" N, 87° 43' 24.06" W. The county F.I.P.S. is 17031. The total land area is 3.5 square miles and the water area is 0.0 square miles. The elevation in this area is 600 - 607 feet. The zip code is on central standard time and observes daylight savings time.
The zip 60624 is in county number 031 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 35,272 in 2019 and 38,105 in 2010. This further breaks down to 16,724 males (47.4%) and 18,548 females (52.6%). The median age of residents is 32.4 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 9,978. This zip code has a combined total of 15,874 houses and condos. There are 9,077 rented appartments. 75% of residents rent versus the 75% 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 $23,233 and the average salary is $23,394. The median household income of individuals is $28,695.00 and the average is $28,430.00. This zip code has a mean commute time to work of 37.5 minutes. The unemployment rate is 17.0%. Income earners by percent breakdown as 71.30% (Under $50,000), 21.10% ($50,000-$100,000), and 7.60% earn over $100,000. 38.8% of residents live below poverty line versus the 11.5% in the state that are below this line. The cost of living index is 107.5. The educational breakdown is 74.6% have a high school education or higher, 9.8% have a bachelor's degree or higher, and 3.4% have some kind of profesional degree.
This area has 12,701 households and the average size is 2.8 people. Individuals who are single and have never been married are 59.7%, 20.7% are now married, 3.9% are separated, 7.4% are widowed, and 8.4% are divorced. The average yearly contribution amount given by people to charity was $4,505 versus the state average of $4,525. The percent of residents who gave to charity was 8.5%.
The estimated median value of houses and condos is $195,054. The median monthly owner costs of mortgage holders was $1,510, where as the costs for those who don't have a mortgage are $720. The median number of rooms in houses and condos are 6.0 versus apartments which had a median number of 5.0.
The real estate tax percent rate is 1.5% which equated to an average real estate tax amount payment of $2,907. 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 $2,865. 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 $2,964. Reported taxable interest for persons was $316, dividends $990, and itemized deductions $16,931. The average earned income tax credit is $3,091. The percent of individuals that use a tax preparer is 48.7%. The total average income taxes paid by individuals was $4,621. Businesses reported an average profit of $7,600.
Ferrara Original Inc.
2210 W Taylor St, Chicago, IL 60612 (1.8 miles away)
Firehouse Steak & Lemonade
5646 W Roosevelt Rd, Chicago, IL 60644 (1.9 miles away)
La Luce
1393 W Lake St, Chicago, IL 60607 (3.4 miles away)
Trattoria 225
225 Harrison St, Oak Park, IL 60304 (3.4 miles away)
Steak'n Egger Inc
5831 W 26th St, Cicero, IL 60804 (3.5 miles away)
Poor Phil's Bar & Grill
139 S Marion St, Oak Park, IL 60302 (3.6 miles away)