The story of this market
The typical home in ZIP 60614 sells for about $850,000, or $535 per square foot.
Prices are up +18% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $2,030 a month.
ZIP 60614 — Chicago
The 60614 housing market remains robust, characterized by high demand and significant year-over-year price appreciation. Strong buyer interest is driven by the neighborhood's premier location and lifestyle amenities, though inventory remains tight. Market conditions are currently favoring sellers, with properties moving at a steady pace.
This ZIP is ideal for affluent professionals, families seeking high-quality urban living, and investors looking for stable, high-demand assets. It appeals to those who prioritize walkability, access to lakefront amenities, and proximity to the city's employment core.
Median prices moved up 18.0% year over year.
Homes spend a median of 45 days on market with 3.2 months of supply — a fast-moving market.
25% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 8.4% — a stable, low-distress profile.
Built from 1,888 recorded sales in the last 24 months against HUD 3-bedroom fair market rents. The location premium is the part of the price that rent, income, education, employment, vacancy, price trend, hazard, lending and flood risk don't explain. It usually reflects amenities, schools and scarcity. It's area context and does not change this ZIP's home value estimates.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 60614, Cook County IL
Crime trends in the Lincoln Park area (60614) generally reflect urban patterns typical of Chicago's North Side, with property crime being more prevalent than violent crime. The area is widely considered one of the safer and more affluent neighborhoods in the city compared to regional averages.
The area is served by highly-rated Chicago Public Schools, including several top-tier elementary and magnet schools that contribute to the neighborhood's strong appeal for families.
The area is primarily an urban environment with standard municipal flood management; it is not subject to wildfire risk. Property insurance premiums in Chicago are influenced by regional weather patterns, including wind and hail exposure.
Economic momentum is driven by proximity to downtown Chicago, a robust retail and dining corridor, and the presence of DePaul University. Development is characterized by infill projects and the renovation of historic residential stock.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Illinois) — Property Tax Assessment (Fair Cash Value): Property is assessed at 33 1/3% of its fair cash value. The tax bill is calculated by multiplying the equalized assessed value (EAV) by the aggregate tax rate of the local taxing districts.
Residents benefit from excellent transit connectivity, including multiple CTA 'L' train lines (Brown, Purple, and Red) providing direct access to the Loop. Major arterial roads like Lincoln, Halsted, and Clark provide efficient north-south vehicular access.
The ZIP code features extensive green space, most notably Lincoln Park, which offers lakefront access, trails, a zoo, and conservatory. The area is also a premier destination for high-end shopping, dining, and cultural entertainment along the Armitage and Halsted corridors.
The rental market is highly competitive with low vacancy rates due to the area's desirability and proximity to DePaul University. Rent trajectories remain upward, supported by strong demand from young professionals and students.
The economy is anchored by education, healthcare, and professional services, with significant spillover from the nearby downtown Chicago business district. DePaul University is a primary local employer and economic driver.
The area is served by the CTA Brown, Purple, and Red lines, providing high-frequency transit to the Loop. The street grid is highly walkable and well-integrated into the city's broader transit network.
Development is heavily influenced by the ongoing Lincoln Yards project, which is transforming the nearby industrial corridor into a major mixed-use hub.
The Cook County Assessor's office manages property assessments, which are subject to state-mandated equalization factors to ensure uniformity across the county.
Parcels are subject to various taxing districts including the City of Chicago, Chicago Public Schools, and the Cook County Forest Preserve District.
Property insurance markets are stable, though premiums reflect the urban density and regional climate risks associated with the Great Lakes area.
Data retrieved from Census Reporter and data.census.gov for ZCTA 60614.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Navy Pier4.62.8 mi
- Museum of Illusions Chicago4.62.7 mi
- Dave & Buster's Rosemont4.312.3 mi
- Sloomoo Institute - Chicago4.51.6 mi
- Color Factory Chicago4.72.9 mi
- Navy Pier4.62.8 mi
- Wrigley Field4.82 mi
- United Center4.73.2 mi
- Soldier Field4.54.2 mi
- McCormick Place4.54.9 mi
- Navy Pier4.62.8 mi
- Wrigley Field4.82 mi
- Millennium Park4.82.8 mi
- Shedd Aquarium4.53.9 mi
- Willis Tower4.52.9 mi
- Navy Pier4.62.8 mi
- Shedd Aquarium4.53.9 mi
- The Art Institute of Chicago4.83 mi
- Field Museum4.74 mi
- Griffin Museum of Science and Industry4.79.5 mi
- Millennium Park4.82.8 mi
- Garfield Park Conservatory4.84.5 mi
- Maggie Daley Park4.72.9 mi
- Grant Park4.73.4 mi
- Lincoln Park Conservatory4.80.5 mi
- First Lady4.82.4 mi
- Montrose Harbor4.73 mi
- DuSable Harbor4.62.9 mi
- Belmont Harbor4.71.7 mi
- Rockwell on the River4.72.7 mi
- Puttery4.72.5 mi
- Douglass (Anna & Frederick) Park4.44.9 mi
- Sydney R. Marovitz Golf Course3.82.2 mi
- Indian Boundary Golf Course4.110.4 mi
- Evanston Golf Club4.79.6 mi
- Fashion Outlets of Chicago4.412.1 mi
- Water Tower Place4.51.9 mi
- Westfield Old Orchard4.511 mi
- Christkindlmarket Chicago4.22.6 mi
- Eataly4.32.1 mi
- Chicago O'Hare International Airport414.3 mi
- Chicago Midway International Airport410.8 mi
- Illinois Aviation Museum4.829.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A massive public park featuring the Lincoln Park Zoo, conservatory, and lakefront beaches.
A major private university that serves as a cultural and economic anchor for the neighborhood.
A world-renowned professional theatre company located in the heart of the neighborhood.
Deterministic aggregate of 1 researched property in this ZIP (latest reading each) — each property weighs one; per point, properties lacking the value are excluded. Property-level records (taxes, scores, permits) never roll individually.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).