60048 ZIP Code


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Parcels & Properties within 60048 ZIP Code

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Property information is updated twice a year; tax and property classification information is updated after the second tax bill goes out (mid summer), and assessment information is updated when a triad is re-assessed (varies based on location).

More info about 60048 ZIP Code

ZIP Code

60048 is one of 1,379 ZIP code Places in our database. View all other ZIP code Places.

60048 Stats

The area of 60048 is 28.16 square miles.

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Surrounding Places Places that overlap or border 60048

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Housing market info for 60048

Submarket 8 63.6% of 60048

Suburban 1980-99 housing stock, high/middle income, suburban, aging

Submarket 8 is a suburban and low density submarket largely built after 1980. Primarily made up of owner-occupied homes where higher household incomes more than offset higher home prices and rents. Transportation costs are significantly higher than the regional average. Foreclosures have taken place in this submarket, but not nearly at the levels seen elsewhere. Vacancy rates are low. Like submarket 7 this submarket consists of mostly two to four person middle aged, middle- to-higher-income families with a moderate level of educational attainment and a steady decrease in the number of children per family. Population is growing in this submarket.

Submarket 6 32.8% of 60048

High cost suburban housing stock, low density, high income, aging

Submarket 6 is the most affluent submarket in the region. Despite high home prices and rents, housing cost burden is low due to high incomes. This submarket shares the trait of high transportation costs with other suburban submarkets. The housing stock can be characterized as mostly single-family homes with a mix of both older and newer housing. This largely owner-occupied submarket includes low levels of subsidized housing. Low foreclosure and vacancy levels and a high mortgage activity level have generated a strong housing market. The submarket is composed of mostly highly educated households, with a high share of 2 to 4 person households, moderate levels of children, and the highest increase in people age 60 and over.

Submarket 7 3.5% of 60048

High population growth, newest housing stock

Rapid population growth since 2000 defines this submarket. In fact, it is the fastest growing of all eight segments tracked in this study. Submarket 7 primarily consists of exurbs in McHenry, Kane, Kendall and Will Counties but also includes the downtown core of Chicago. The housing stock in the exurbs is primarily low density and has few rental units. Housing in Chicago’s downtown core is a mix of high rise owner-occupied and rental units. The shared traits of recent growth and expansion help to define this submarket, but there are big variations in data. High transportation costs in the fringe areas of the submarket contrast with the low transportation costs found in the core of Chicago. Despite strong market conditions before 2008, moderate levels of lending, foreclosure activity, and distressed sales are present in the exurbs. Overall, the submarket typically consists of middle to higher income households with children and a relatively high level of educational attainment.

What are submarkets?

There are eight submarkets, or clusters of similar housing issues and neighborhood characteristics scattered throughout Chicagoland. Submarkets are not contiguous. The "cluster" information is from the Regional Housing Solutions and is based on data from the American Community Survey, collected in 2009-2013, and is a collaboration among CMAP, Institute for Housing Studies, Metropolitan Mayors Caucus, and Metropolitan Planning Council.


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