60640 — Chicago, IL Home Values
Typical home value $373,400 as of June 2026 · 154th of 380 in Chicago-Naperville-Elgin, IL-IN-WI
Blue: typical home value (Zillow ZHVI) in ZIP code 60640, June 2021 to June 2026. This page shows observed data only; no forecast.
How 60640 compares in the Chicago-Naperville-Elgin, IL-IN-WI area
ZIP code 60640 (Chicago, IL) has a typical home value of $373,400 as of June 2026, ranking 154th of 380 ZIP codes tracked in the Chicago-Naperville-Elgin, IL-IN-WI area, more expensive than about 60% of ZIP codes in the metro. Prices here have moved +3.4% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +23.6%, from $302,050 in June 2021 to $373,400 in June 2026. Against observed rent, the typical home here sells for 15.2× the annual rent ($2,042/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 60640 has a population of 66,884, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 55.4% White, 17.3% Black or African American, 13.5% Hispanic or Latino, 9.3% Asian, 4.1% two or more races, 0.2% another race, and 0.1% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Goudy Technology Academy | 5120 N Winthrop Ave, Chicago, IL | 0.3 mi |
| McCutcheon Elem School | 4865 N Sheridan Rd, Chicago, IL | 0.4 mi |
| YCCS-Truman Middle College HS | 1145 W Wilson Ave, Chicago, IL | 0.6 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 60640?
$373,400 as of June 2026, the latest month Zillow has published observed data for.
Is 60640 an expensive ZIP code in the Chicago-Naperville-Elgin, IL-IN-WI area?
60640 ranks 154th of 380 ZIP codes in the Chicago-Naperville-Elgin, IL-IN-WI area by typical home value, more expensive than about 60% of ZIP codes in the metro.
How much have home values in 60640 changed over the past year?
+3.4% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 60640?
The typical home price is 15.2× the observed annual rent in this ZIP code ($2,042/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 60640?
66,884, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 60640?
Goudy Technology Academy (0.3 mi), McCutcheon Elem School (0.4 mi), YCCS-Truman Middle College HS (0.6 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 60640?
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.