Interested in purchasing investment houses in the 60617 zip code in Chicago, IL?
The zip code 60617 is in Cook county with a latitude of -87.554310000000 and longitude of 41.715910000000, is in the state of Illinois. The average asking price of houses and condos is $96,479.00 and the average sale price was $81,557.00. this regions is classified as the Chicago metro area and consists of the following area codes: 773 and 872. The location in degrees is 41° 42' 57.276" N, 87° 33' 15.516" W. The county F.I.P.S. is 17031. The total land area is 13.9 square miles and the water area is 1.5 square miles. The elevation in this area is 581 - 584 feet. The zip code is on central standard time and observes daylight savings time.
The zip 60617 is in county number 031 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 84,464 in 2019 and 84,155 in 2010. This further breaks down to 38,310 males (45.4%) and 46,155 females (54.6%). The median age of residents is 36.4 years. The population of the greater Chicago-Naperville-Joliet, IL-IN-WI area is 9,739,919. The population density (people per square mile) is 6,089. This zip code has a combined total of 35,058 houses and condos. There are 13,120 rented appartments. 45% of residents rent versus the 45% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $35,019 and the average salary is $33,029. The median household income of individuals is $43,572.00 and the average is $40,280.00. This zip code has a mean commute time to work of 42.8 minutes. The unemployment rate is 12.2%. Income earners by percent breakdown as 56.00% (Under $50,000), 30.80% ($50,000-$100,000), and 13.20% earn over $100,000. 21.7% of residents live below poverty line versus the 11.5% in the state that are below this line. The cost of living index is 100.9. The educational breakdown is 80.5% have a high school education or higher, 17.9% have a bachelor's degree or higher, and 6.0% have some kind of profesional degree.
This area has 28,894 households and the average size is 2.9 people. Individuals who are single and have never been married are 48.6%, 30.3% are now married, 3.4% are separated, 7.6% are widowed, and 10.2% are divorced. The average yearly contribution amount given by people to charity was $3,939 versus the state average of $4,525. The percent of residents who gave to charity was 19.1%.
The estimated median value of houses and condos is $147,617. The median monthly owner costs of mortgage holders was $1,384, where as the costs for those who don't have a mortgage are $538. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 5.1.
The real estate tax percent rate is 1.3% which equated to an average real estate tax amount payment of $1,959. In comparision, the average real estate tax percent rate in the state is 2.2% which equated to an average real estate tax amount payment in the state of $4,527. The median housing property tax percent for residents with mortgages was 1.3% which amounted to an average tax amount of $2,032. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.3% which amounted to an average tax amount of $1,868. Reported taxable interest for persons was $666, dividends $1,950, capital gains +$975, and itemized deductions $17,467. The average earned income tax credit is $2,794. The percent of individuals that use a tax preparer is 58.7%. The total average income taxes paid by individuals was $4,889. Businesses reported an average profit of $6,693.
L G Restaurant
10401 S Torrence Ave, Chicago, IL 60617
Italian Fiesta Pizzeria
1919 E 71st St, Chicago, IL 60649 (2.6 miles away)
Refinery
2235 New York Ave, Whiting, IN 46394 (4.3 miles away)
Piccolo Mondo
1642 E 56th St Ste 1, Chicago, IL 60637 (4.6 miles away)
Tony's Original Philly Steaks & Wing's
1400 W 95th St, Chicago, IL 60643 (5.8 miles away)
Shrimp House
13081 S Ashland Ave, Calumet Park, IL 60827 (6.5 miles away)