West Chicago, IL—60185
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — West Chicago, IL
As of Oct '25, the median home price in West Chicago, IL is $373,000, with a year-over-year change of 4.9%. This indicates that home prices in West Chicago, IL are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $373,000 | 4.9% |
| Single Family | $383,000 | 5.2% |
| Condos | $231,000 | 3.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $283,000 | 6.0% |
3 Bed | $346,000 | 4.8% |
4 Bed | $512,000 | 4.5% |
| 5 Bed | $580,000 | 3.8% |
% of Housing Stock
Rental Trends — West Chicago, IL
As of July '25, Rentcast reports the average rent in West Chicago, IL is $1,930, with a year-over-year rent change of -23.4%. Per bedroom, the median rent as of July '25 in West Chicago, IL is 1-bedrooms: $1,420, 2-bedrooms: $1,780, 3-bedrooms: $3,200, 4-bedrooms: $3,710. The most common rental property sizes in West Chicago, IL are 2-bedroom and 1-bedroom, accounting for 46.0% and 22.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,450 | $1,930 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,380 | $1,420 |
| 2 Bed Rent | $1,660 | $1,780 |
| 3 Bed Rent | $3,200 | $3,200 |
| 4 Bed Rent | $3,400 | $3,710 |
% of Rental Stock
Property Listings — West Chicago, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in West Chicago, IL is 37. This is a increase of 9.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $411,000 | 1.0% |
Listing Count | 52 | 23.0% |
| Listings as % of Homes | 0.4% | 23.0% |
Days on Market | 37 | 9.0% |
Demographics — West Chicago, IL
As of the latest ACS Survey released in 2023, West Chicago, IL has a population of 33,700, which has decreased by -6.7% over the past 5 years. West Chicago, IL is a moderately popular place for families, as children make up 23.7% of the population. The area has a moderately educated workforce, with 32.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 33,700 | -6.7% |
% Under 18 | 23.7% | -12.2% |
% Seniors | 12.8% | 14.3% |
% WFH | 10.6% | 202.9% |
% w/ College Degree | 32.6% | 19.4% |
As of the latest ACS Survey released in 2023, West Chicago, IL is a predominantly white area, with 45.0% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in West Chicago, IL is hispanic, making up 41.3% of the population. Foreign-born residents account for 27.1% of the population in West Chicago, IL, and this percentage has decreased by 8.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 45.0% | -1.5% |
% Black | 2.8% | 40.0% |
% Hispanic | 41.3% | -9.0% |
% Asian | 8.4% | 25.4% |
% Foreign Born | 27.1% | -8.1% |
Mortgage and Risk — West Chicago, IL
According to HUD data as of 2023, there were 310 mortgage originations in West Chicago, IL, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in West Chicago, IL. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 310 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — West Chicago, IL
As of 2024, the percent of homes in West Chicago, IL under the Section 8 program is 9.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in West Chicago, IL, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 215 |
Total Units Section 8 | 215 |
% Rentals under Section 8 | 9.8% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $150 | $1,380 | $1,530 |
| 2 Bedroom | $70 | $1,660 | $1,730 |
| 3 Bedroom | -$980 | $3,200 | $2,220 |
| 4 Bedroom | -$790 | $3,400 | $2,610 |
Affordability — West Chicago, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $373,000 |
| Median Household Income | $105,000 |