Zip Code:

60115, Dekalb, IL

60115 is a Illinois Zip code within the city of Dekalb and the county of DeKalb County. Its population is roughly 45,268.

The Real Estate Market in the 60115 Zip Code of Dekalb, IL

The 60115 zip code of Dekalb, IL has a median home value of $146,000 and a median home equity value of $110,000. The average home in the 60115 zip code was built in 1984 and is approximately 2,500 square feet. The average price per square foot for homes in the 60115 zip code is $104.

There are a total of 1,848 homes in the 60115 zip code. Of these homes, 727 (46%) are owner-occupied and 1,521 (54%) are occupied by renters. The majority of homes in the 60115 zip code are single-family dwellings (79%), with only 11% consisting of duplexes or multi-unit structures. There is also a small number of apartments (3%) located within the boundaries of the 60115 zip code.

As you can see from the data above, there is an abundance of owner-occupied housing options available within the boundaries of the 60115 zip code. This indicates that homeownership rates within this area are high relative to other areas within Illinois. Additionally, given that most homes in this area were built between 1984 and 1988, it is likely that many homeowners have taken advantage of significant equity growth over time. Renters account for a greater share of housing units within the boundaries of this ZIP Code than they do across most parts of Illinois; however, given that many renters occupy properties that were originally purchased as their primary residence or have been living in these properties for an extended period of time it is likely that rents here have remained relatively stable over time compared to other areas throughout Illinois.

Price Index: Elgin, IL (MSAD)

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