60623 — Chicago, IL Home Values
Typical home value $226,796 as of June 2026 · 322nd of 380 in Chicago-Naperville-Elgin, IL-IN-WI
Blue: typical home value (Zillow ZHVI) in ZIP code 60623, June 2021 to June 2026. This page shows observed data only; no forecast.
How 60623 compares in the Chicago-Naperville-Elgin, IL-IN-WI area
ZIP code 60623 (Chicago, IL) has a typical home value of $226,796 as of June 2026, ranking 322nd of 380 ZIP codes tracked in the Chicago-Naperville-Elgin, IL-IN-WI area, more expensive than about 16% of ZIP codes in the metro. Prices here have moved +0.5% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +16.4%, from $194,908 in June 2021 to $226,796 in June 2026. Against observed rent, the typical home here sells for 12× the annual rent ($1,577/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Chicago-Naperville-Elgin, IL-IN-WI forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Chicago.
Population and demographics
ZIP code 60623 has a population of 77,061, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 68.8% Hispanic or Latino, 26.2% Black or African American, 3.7% White, 0.6% Asian, 0.5% another race, and 0.3% two or more races.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Cardenas Elem School | 2345 S Millard Ave, Chicago, IL | 0.1 mi |
| Little Village Elem School | 2620 S Lawndale Ave, Chicago, IL | 0.3 mi |
| Crown Elem Comm Acd Fine Arts Ctr | 2128 S Saint Louis Ave, Chicago, IL | 0.5 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 60623?
$226,796 as of June 2026, the latest month Zillow has published observed data for.
Is 60623 an expensive ZIP code in the Chicago-Naperville-Elgin, IL-IN-WI area?
60623 ranks 322nd of 380 ZIP codes in the Chicago-Naperville-Elgin, IL-IN-WI area by typical home value, more expensive than about 16% of ZIP codes in the metro.
How much have home values in 60623 changed over the past year?
+0.5% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 60623?
The typical home price is 12× the observed annual rent in this ZIP code ($1,577/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 60623?
77,061, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 60623?
Cardenas Elem School (0.1 mi), Little Village Elem School (0.3 mi), Crown Elem Comm Acd Fine Arts Ctr (0.5 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 60623?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Chicago-Naperville-Elgin, IL-IN-WI forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.