Interested in purchasing investment houses in the 60640 zip code in Chicago, IL?
The zip code 60640 is in Cook county with a latitude of -87.663470000000 and longitude of 41.972360000000, is in the state of Illinois. The average asking price of houses and condos is $327,940.00 and the average sale price was $308,543.00. 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° 58' 20.496" N, 87° 39' 48.492" W. The county F.I.P.S. is 17031. The total land area is 2.4 square miles and the water area is 0.3 square miles. The elevation in this area is 591 - 604 feet. The zip code is on central standard time and observes daylight savings time.
The zip 60640 is in county number 031 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 70,119 in 2019 and 65,790 in 2010. This further breaks down to 36,457 males (52.0%) and 33,661 females (48.0%). The median age of residents is 37.2 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 29,118. This zip code has a combined total of 38,976 houses and condos. There are 24,346 rented appartments. 68% of residents rent versus the 68% 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 $58,348 and the average salary is $53,737. The median household income of individuals is $44,410.00 and the average is $77,750.00. This zip code has a mean commute time to work of 37.9 minutes. The unemployment rate is 3.6%. Income earners by percent breakdown as 55.10% (Under $50,000), 27.60% ($50,000-$100,000), and 17.40% earn over $100,000. 17.4% of residents live below poverty line versus the 11.5% in the state that are below this line. The cost of living index is 104.9. The educational breakdown is 91.5% have a high school education or higher, 59.3% have a bachelor's degree or higher, and 23.8% have some kind of profesional degree.
This area has 34,315 households and the average size is 1.9 people. Individuals who are single and have never been married are 51.0%, 34.4% are now married, 1.6% are separated, 3.8% are widowed, and 9.1% are divorced. The average yearly contribution amount given by people to charity was $2,994 versus the state average of $4,525. The percent of residents who gave to charity was 22.8%.
The estimated median value of houses and condos is $338,580. The median monthly owner costs of mortgage holders was $2,108, where as the costs for those who don't have a mortgage are $876. The median number of rooms in houses and condos are 5.0 versus apartments which had a median number of 3.6.
The real estate tax percent rate is 1.5% which equated to an average real estate tax amount payment of $4,971. 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 $5,090. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.2% which amounted to an average tax amount of $4,167. Reported taxable interest for persons was $1,186, dividends $5,352, capital gains +$14,370, and itemized deductions $22,775. The average earned income tax credit is $1,800. The percent of individuals that use a tax preparer is 46.9%. The total average income taxes paid by individuals was $9,419. Businesses reported an average profit of $12,233.
Drew's on Halsted
3201 N Halsted St, Chicago, IL 60657 (2.3 miles away)
Pete's Pizza
3737 N Western Ave, Chicago, IL 60618 (2.8 miles away)
Fish Keg
2233 W Howard, Chicago, IL 60645 (3 miles away)
Tarantino's
1112 W Armitage Ave, Chicago, IL 60614 (3.5 miles away)
Campagnola
815 Chicago Ave, Evanston, IL 60202 (4.2 miles away)
Red Lobster
3301 W Touhy Ave, Lincolnwood, IL 60712 (4.5 miles away)
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