Interested in purchasing investment houses in the 60637 zip code in Chicago, IL?
The zip code 60637 is in Cook county with a latitude of -87.603180000000 and longitude of 41.781430000000, is in the state of Illinois. The average asking price of houses and condos is $199,774.00 and the average sale price was $133,920.00. 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° 46' 53.148" N, 87° 36' 11.448" W. The county F.I.P.S. is 17031. The total land area is 4.5 square miles and the water area is 0.7 square miles. The elevation in this area is 581 - 587 feet. The zip code is on central standard time and observes daylight savings time.
The zip 60637 is in county number 031 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 47,815 in 2019 and 49,503 in 2010. This further breaks down to 20,891 males (43.7%) and 26,926 females (56.3%). The median age of residents is 30.9 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 10,608. This zip code has a combined total of 24,987 houses and condos. There are 14,780 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 $45,930 and the average salary is $38,063. The median household income of individuals is $30,244.00 and the average is $58,620.00. This zip code has a mean commute time to work of 34.8 minutes. The unemployment rate is 15.1%. Income earners by percent breakdown as 67.70% (Under $50,000), 21.00% ($50,000-$100,000), and 11.20% earn over $100,000. 31.9% 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 87.9% have a high school education or higher, 34.7% have a bachelor's degree or higher, and 20.6% have some kind of profesional degree.
This area has 19,546 households and the average size is 2.2 people. Individuals who are single and have never been married are 61.3%, 21.8% are now married, 2.7% are separated, 4.9% are widowed, and 9.3% are divorced. The average yearly contribution amount given by people to charity was $6,908 versus the state average of $4,525. The percent of residents who gave to charity was 15.8%.
The estimated median value of houses and condos is $218,164. The median monthly owner costs of mortgage holders was $1,806, where as the costs for those who don't have a mortgage are $751. The median number of rooms in houses and condos are 5.8 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 $3,308. 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 1.4% which amounted to an average tax amount of $3,080. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.8% which amounted to an average tax amount of $3,747. Reported taxable interest for persons was $1,555, dividends $12,590, capital gains +$25,077, and itemized deductions $26,353. The average earned income tax credit is $3,050. The percent of individuals that use a tax preparer is 46.4%. The total average income taxes paid by individuals was $9,874. Businesses reported an average profit of $11,952.
Piccolo Mondo
1642 E 56th St Ste 1, Chicago, IL 60637
Salonica Restaurant
1440 E 57th St, Chicago, IL 60637
Italian Fiesta Pizzeria
1919 E 71st St, Chicago, IL 60649 (2.2 miles away)
Italian Fiesta Pizzeria
1306 E 47th St, Chicago, IL 60653 (2.7 miles away)
L G Restaurant
10401 S Torrence Ave, Chicago, IL 60617 (4.6 miles away)
Lang Ice
3604 W 59th St, Chicago, IL 60629 (5.3 miles away)