RentYield Atlas

ZIP 60120 — Elgin, IL: rental yield & market data

Gross rental yield of 6.3% — ranked #180 of 279 Illinois ZIP codes. June 2026 data.

Gross rental yield
6.3%
Home value
$308,923
Market rent / mo
$1,622
Price-to-rent
15.9

Trend

Metric1-year change5-year change
Home value+3.4% +37.1%
Market rent+8.1%

Metro: Chicago-Naperville-Elgin, IL-IN-WI · County: Cook County · Annual rent: $19,464

Comparable ZIP codes in Illinois

Similar home values, sorted by yield — the cheapest way to see if 60120 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
60602ChicagoIL$303,129$2,55610.12%9.9-7.7%
60301Oak ParkIL$307,403$2,4629.61%10.4+6.4%
60477Tinley ParkIL$312,856$2,2008.44%11.9+5.3%
60452Oak ForestIL$305,530$2,0247.95%12.6+5.6%
60195Hoffman EstatesIL$305,846$1,9117.50%13.3+2.0%
60660ChicagoIL$305,744$1,8597.30%13.7+6.7%
62629ChathamIL$308,199$1,7136.67%15.0+6.8%
60914BourbonnaisIL$303,056$1,5115.98%16.7+5.8%

Top rental yields in all of Illinois →

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