SIALIMStatistical Intelligence for America's Local Investment Markets

60647Chicago, IL Home Values

Typical home value $586,895 as of June 2026 · 34th of 380 in Chicago-Naperville-Elgin, IL-IN-WI

Typical value — June 2026
$586,895
observed, not a forecast
Past 12 months
+7.4%
trailing year-over-year change
Past 5 years
+7.0%
June 2021 to June 2026
Rank in metro
34th
of 380 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 60647, June 2021 to June 2026. This page shows observed data only; no forecast.

How 60647 compares in the Chicago-Naperville-Elgin, IL-IN-WI area

ZIP code 60647 (Chicago, IL) has a typical home value of $586,895 as of June 2026, ranking 34th of 380 ZIP codes tracked in the Chicago-Naperville-Elgin, IL-IN-WI area, more expensive than about 91% of ZIP codes in the metro. Prices here have moved +7.4% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +7.0%, from $548,259 in June 2021 to $586,895 in June 2026. Against observed rent, the typical home here sells for 20.3× the annual rent ($2,412/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 60647 has a population of 85,589, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 48.8% White, 37.3% Hispanic or Latino, 5.7% Black or African American, 4.4% Asian, 3.6% two or more races, and 0.2% another race.

Nearby public schools

SchoolAddressDistance
Darwin Elem School3116 W Belden Ave, Chicago, IL0.2 mi
Chase Elem School2021 N Point St, Chicago, IL0.4 mi
Yates Elem School1839 N Richmond St, Chicago, IL0.4 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 60647?

$586,895 as of June 2026, the latest month Zillow has published observed data for.

Is 60647 an expensive ZIP code in the Chicago-Naperville-Elgin, IL-IN-WI area?

60647 ranks 34th of 380 ZIP codes in the Chicago-Naperville-Elgin, IL-IN-WI area by typical home value, more expensive than about 91% of ZIP codes in the metro.

How much have home values in 60647 changed over the past year?

+7.4% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 60647?

The typical home price is 20.3× the observed annual rent in this ZIP code ($2,412/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 60647?

85,589, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 60647?

Darwin Elem School (0.2 mi), Chase Elem School (0.4 mi), Yates Elem School (0.4 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 60647?

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.