The story of this market
The typical home in ZIP 60618 sells for about $538,300, or $324 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 38 days to sell. HUD's fair market rent for a two-bedroom is $1,611 a month.
ZIP 60618 — Chicago
The 60618 housing market remains resilient, characterized by steady demand and limited inventory. Prices have seen modest year-over-year growth, supported by the area's strong transit connectivity and ongoing neighborhood revitalization. While affordability remains a challenge for some, the market continues to attract a steady stream of buyers and renters.
This ZIP is ideal for young professionals and commuters who value transit access and urban amenities. It also attracts families looking for established neighborhoods with access to parks and a diverse, walkable community.
Median prices moved up 2.4% year over year.
Homes spend a median of 38 days on market with 2.8 months of supply — a fast-moving market.
18% 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 5.4% · poverty 8.7% — a stable, low-distress profile.
Built from 1,443 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 5.1%/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 6.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 60618, Cook County IL
Crime trends in 60618 are generally consistent with broader Chicago urban patterns, with property crime being more prevalent than violent crime. The area is often considered safer than many South and West Side neighborhoods but remains an urban environment with typical city-level safety considerations.
The area is served by Chicago Public Schools, with a mix of neighborhood schools and selective enrollment options. Performance varies significantly by specific school, with several highly-rated magnet and neighborhood schools located within or near the ZIP code.
The area is primarily an urban environment with low wildfire risk, though localized basement flooding during heavy rain events is a known concern in older Chicago neighborhoods. Property insurance premiums are influenced by regional urban risk factors and the age of housing stock.
Economic momentum is driven by the revitalization of the North Branch Industrial Corridor and ongoing residential infill development. Major employers in the broader Chicago area provide a diverse job base, while local infrastructure improvements focus on transit-oriented development.
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 access to the CTA Blue and Brown lines, providing direct transit to the Chicago Loop. Major arterial roads like Irving Park Road and the Kennedy Expressway facilitate commuting by car, though traffic congestion is common during peak hours.
The area features significant green space including Horner Park and the North Branch Trail system along the Chicago River. Residents have access to diverse shopping and dining districts along Lincoln, Belmont, and Irving Park corridors.
The rental market is highly active with a mix of vintage multi-unit buildings and newer transit-oriented developments. Vacancy pressure remains low due to high demand from young professionals and commuters, with rents showing a steady upward trajectory.
The economy is anchored by a mix of professional services, healthcare, and retail sectors within the broader Chicago metropolitan area. The area benefits from its proximity to major employment hubs in the Loop and the growing tech and creative sectors in nearby neighborhoods.
The area is well-served by the CTA Brown and Blue lines, providing robust public transit connectivity. Major highway access via the Kennedy Expressway (I-90/94) supports regional travel.
Development is focused on transit-oriented residential projects and the adaptive reuse of industrial properties. City planning emphasizes increasing density near major transit nodes.
Parcels are subject to levies from the City of Chicago, Cook County, Chicago Public Schools, and various special service areas (SSAs) for local improvements.
Property insurance market is stable but sensitive to urban risk factors and the age of the housing stock. Premiums are generally consistent with the broader Chicago market.
Data retrieved from data.census.gov ZCTA-level tables.
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 Pier4.66.5 mi
- Museum of Illusions Chicago4.66 mi
- Dave & Buster's Rosemont4.38.6 mi
- Sloomoo Institute - Chicago4.54.9 mi
- Activate Games4.914.4 mi
- Navy Pier4.66.5 mi
- Wrigley Field4.82.7 mi
- United Center4.74.9 mi
- Soldier Field4.57.5 mi
- McCormick Place4.58 mi
- Navy Pier4.66.5 mi
- Wrigley Field4.82.7 mi
- Millennium Park4.86.2 mi
- Shedd Aquarium4.57.3 mi
- Willis Tower4.55.9 mi
- Navy Pier4.66.5 mi
- Shedd Aquarium4.57.3 mi
- The Art Institute of Chicago4.86.4 mi
- Field Museum4.77.2 mi
- Griffin Museum of Science and Industry4.712.5 mi
- Millennium Park4.86.2 mi
- Garfield Park Conservatory4.84.2 mi
- Maggie Daley Park4.76.3 mi
- Grant Park4.76.7 mi
- Lincoln Park Conservatory4.84 mi
- First Lady4.85.9 mi
- Montrose Harbor4.73.7 mi
- DuSable Harbor4.66.5 mi
- Belmont Harbor4.73.6 mi
- Rockwell on the River4.71 mi
- Puttery4.75.2 mi
- White Pines Golf Club4.112.3 mi
- Golf Center Des Plaines4.312.1 mi
- The Glen Club4.511.7 mi
- Douglass (Anna & Frederick) Park4.45.8 mi
- Fashion Outlets of Chicago4.48.4 mi
- Westfield Old Orchard4.58.1 mi
- Water Tower Place4.55.5 mi
- Christkindlmarket Chicago4.25.9 mi
- Eataly4.35.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A large community park featuring sports fields, trails, and river access.
Extensive paved trail system for cycling and walking along the Chicago River.
Nearby historic district known for its unique shops, restaurants, and cultural events.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).