Real Estate Investing in Zion, Illinois (60099)
Should you buy in 60099 (Zion, IL)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
No major risk flags on the data we track.
What’s happening in Zion, IL (60099)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 60099 Zion
ZIP 60099 inside Lake County looks affordable on the surface — median value of $268K — but the discount exists for reasons that a careful buyer should understand before committing.
Rent of $1,567/mo on a $268K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 60099 sits below the stated 0.0% once reality is priced in.
ZIP 60099's metrics run below Lake County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Demographically, 60099 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Experienced landlords with local relationships tend to find 60099 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Zion:
Property Strategy for 60099
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $186,749 | $1,490 | 5.7% | +10.0% | $93,375 |
| 3BR | $246,100 | $1,920 | 5.6% | +10.0% | $82,033 |
| 4BR | $286,468 | $2,220 | 5.6% | +9.9% | $71,617 |
| 5BR | $292,401 | — | — | +10.0% | $58,480 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 60099 Compare?
| Metric | 60099 | Zion | Illinois |
|---|---|---|---|
| Home Value | $268,240 | $268,240 | $279,761 |
| 5-Year CAGR | 9.2% | 9.2% | 6.6% |
| Avg Rent | $1,567 | $1,567 | - |
| Cap Rate | 4.6% | 4.6% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 60099 (Zion, IL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $268,240 |
| Monthly Rent | $1,567 |
| Price-to-Rent | 14.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.0% |
| Cap Rate | 4.6% |
| 5-Year IRR | 13.8% |
📈 Home Appreciation
| 1-Year | +10.9% ▲ |
| 3-Year CAGR | +9.6% ▲ |
| 5-Year CAGR | +9.2% ▲ |
| 10-Year CAGR | +8.6% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.5%) exceeds the estimated cap rate (4.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 60099
Population: 30,485
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 60099
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 5,734 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the smart move for investors in Zion, IL?
A careful cash-flow rentals with hands-on management strategy Zion, IL best. The market produces steady results for that approach at the $268K price point.
Are tenants stable in Zion, IL?
The tenant pool in Zion, IL is solid, supported by local employment and population fundamentals. Rents of $1,567/mo are well-absorbed by the market.
How high is vacancy risk in Zion, IL?
Zion, IL sees elevated vacancy, which is reasonable relative to the broader IL rental market.
Is Zion, IL a friendly market for rental owners?
Rental owners in Zion, IL deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
Is Zion, IL a good place for real estate investing?
The 3.0/5 investability rating in Zion, IL reflects its $268K prices and $1,567/mo rents. Investors generally consider it a solid option within IL.
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