Interested in purchasing investment houses in the 60649 zip code in Chicago, IL?
The zip code 60649 is in Cook county with a latitude of -87.570310000000 and longitude of 41.763030000000, is in the state of Illinois. The average asking price of houses and condos is $160,671.00 and the average sale price was $86,812.00. 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° 45' 46.908" N, 87° 34' 13.116" W. The county F.I.P.S. is 17031. The total land area is 2.9 square miles and the water area is 1.0 square miles. The elevation in this area is 581 - 581 feet. The zip code is on central standard time and observes daylight savings time.
The zip 60649 is in county number 031 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 47,141 in 2019 and 46,650 in 2010. This further breaks down to 20,256 males (43.0%) and 26,886 females (57.0%). The median age of residents is 37.7 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 16,098. This zip code has a combined total of 27,374 houses and condos. There are 17,030 rented appartments. 78% of residents rent versus the 78% 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 $33,469 and the average salary is $31,335. The median household income of individuals is $35,616.00 and the average is $38,150.00. This zip code has a mean commute time to work of 45.8 minutes. The unemployment rate is 13.5%. Income earners by percent breakdown as 65.40% (Under $50,000), 24.60% ($50,000-$100,000), and 10.00% earn over $100,000. 29.3% of residents live below poverty line versus the 11.5% in the state that are below this line. The cost of living index is 103.6. The educational breakdown is 90.4% have a high school education or higher, 26.3% have a bachelor's degree or higher, and 11.4% have some kind of profesional degree.
This area has 21,715 households and the average size is 2.1 people. Individuals who are single and have never been married are 56.5%, 20.5% are now married, 4.6% are separated, 5.9% are widowed, and 12.6% are divorced. The average yearly contribution amount given by people to charity was $4,908 versus the state average of $4,525. The percent of residents who gave to charity was 15.5%.
The estimated median value of houses and condos is $175,261. The median monthly owner costs of mortgage holders was $1,711, where as the costs for those who don't have a mortgage are $630. The median number of rooms in houses and condos are 5.8 versus apartments which had a median number of 4.1.
The real estate tax percent rate is 1.5% which equated to an average real estate tax amount payment of $2,579. 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 $2,913. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.7% which amounted to an average tax amount of $2,122. Reported taxable interest for persons was $557, dividends $1,960, capital gains +$2,158, and itemized deductions $19,492. The average earned income tax credit is $2,755. The percent of individuals that use a tax preparer is 50.8%. The total average income taxes paid by individuals was $5,488. Businesses reported an average profit of $6,691.
Italian Fiesta Pizzeria
1919 E 71st St, Chicago, IL 60649
Piccolo Mondo
1642 E 56th St Ste 1, Chicago, IL 60637 (2.2 miles away)
L G Restaurant
10401 S Torrence Ave, Chicago, IL 60617 (2.6 miles away)
Italian Fiesta Pizzeria
1306 E 47th St, Chicago, IL 60653 (4.5 miles away)
Tony's Original Philly Steaks & Wing's
1400 W 95th St, Chicago, IL 60643 (6.4 miles away)
Refinery
2235 New York Ave, Whiting, IN 46394 (6.8 miles away)