Skip to content

60120 — Elgin / Bartlett market data

Cook County · 6 census tracts (3 with complete price, rent, and tax data) · data as of 2026-06-09

Planted Money aggregates public Cook/Lake County property and tax records, Zillow research data, and HUD rent benchmarks into a live investor screen for Cook and Lake County, Illinois. This page is the ZIP-level summary for 60120, built fresh from the same tract data the map and API serve — not a separate, hand-written guide. Browse 60120 on the interactive map for individual addresses, or connect an AI assistant via MCP to run a full underwrite on a specific property.

Metric Value Source
Median home value $297,500 Zillow ZHVI, all residential types, 2026-04-30
Modeled market rent (2BR-equivalent) $1,590/mo Planted Money rent model — HUD SAFMR + Zillow ZORI blend (rent model)
Indicative gross yield 6.4% rent ÷ home value, annualized
Effective property tax 2.88% Cook County Clerk effective rate, Cook 2023 rates

These are ZIP-level medians across this ZIP’s qualifying tracts — not a valuation of any specific address. Planted Money’s comp-based valuation model covers SFH and 2–4 unit properties only (never condos); an address-level number can differ from the ZIP median above. See data coverage and valuation methodology.

Segment Sale-to-list Days on market Sold above list 1-yr price change
Single-family (SFH) 99.1% 58 days 35.4% +0.5%
2–4 unit 98.8% 82 days 0.0% +42.1%

Redfin market statistics, latest quarter, ZIP-level (both property-type rows inherit the same ZIP figures where Redfin does not break them out further).

Strongest signals here (county-relative percentiles)

Section titled “Strongest signals here (county-relative percentiles)”

Ranked among all 1,492 Cook + Lake tracts (50th percentile = county median). Full definitions: data dictionary.

  • Halo frontier — 81st percentile county-wide. How much pricier the neighboring tracts are, by loan size — a price-adjacency read.
  • Section 8 arbitrage — 72nd percentile county-wide. HUD FY2026 voucher ceiling (Small Area FMR, 2BR) vs. modeled market rent. (SAFMR 2BR $1,600 vs. modeled rent $1,590 — a positive gap of about $0/mo)
  • Job growth — 69th percentile county-wide. Workplace jobs located in-tract, 2019→2022 (Census LEHD/LODES).

Flip lean by our screen — flip tracts read a median 40th percentile vs. BRRRR’s 22nd percentile county-wide.

This is a location screen, not a property score — the tracts underneath a ZIP vary, and no individual address is scored on this page. How flip score works · How BRRRR score works · Underwriting.

Hanover Township (North triad) moved assessed values +22.7% at its most recent triennial reassessment (2025); next reassessment 2028. Reassessment shock changes the tax bill, not the effective rate above — model the post-reassessment bill, not the seller’s. Underwriting covers how the suggested-offer math treats taxes.

Field Vintage
Tract build 2026-06-09
Zillow ZHVI / ZORI 2026-04-30
Cook property tax rates Cook 2023 rates
HMDA (capital flow, income, FHA) 2022 vs 2024
HUD SAFMR SAFMR FY2026

These are ZIP-level, area medians — not a valuation of any specific property. Automated valuations are not appraisals; this page doesn’t attempt a property-level estimate at all, only aggregated public-record and Zillow-research context for 60120 as a whole. Per-segment error rates for the underlying valuation model: accuracy. For an address, use the map app or the MCP tools.

Data: attributions · Methodology: how the numbers work · Coverage gaps: data coverage · All Chicago markets