60042 Home Values & Market Trends

There are 48 homes currently listed for 60042. 60042 real estate market trends show that home prices range from $174,900 to $799,900, and the median sales price in the 60042 zip code is $342,328. The total number of properties sold within the past twelve months is 64. In 60042, 4 properties are in foreclosure, 0 are bank owned properties,and 0 are headed for auction.

Housing Market Summary for 60042

Sep 2025September 2026Change
Median Listing Price$294.9K$304.9K3.41%
Median Sold Price$300.7K$340.6K13.27%
Homes For Sale6452-18.75%
Homes Sold7229-59.72%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 60042

The median list price of a home in Island Lake, is $342,328. A total of 48 properties are for sale, and the percentage of properties for sale in the zip code is 48.00%. The total count of 60042 properties is 85.

Foreclosure
There is 1 cities within 60042; within this cities, the median estimated home value for homes in foreclosure ranges from $382,994 in island lake to the lowest value of $288,593 in island lake. Foreclosure homes account for 4.00% of properties in 60042 with island lake containing 4 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 4.71% of all residential properties in 60042 with island lake containing 4 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60042; of that cities, the estimated home value for pre-foreclosure homes ranges from $382,994 in island lake to the lowest home value of $288,593 in island lake.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 60042 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 60042. There is 1 cities within 60042; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 60042. Auction homes and other auction properties account for 0% of all properties in 60042. There is 1 cities within 60042; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 56.47% of residential properties in 60042 with island lake containing 48 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60042; homes for sale in that cities, have a range of median values from $587,966 in island lake to the lowest value of $140,207 in island lake.
    Sold Homes
    The median value for recently sold homes ranges from $681,940 in island lake to the lowest price of $183,259 in island lake. There is 1 cities within 60042. island lake has 29 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 34.12% of properties in 60042.

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      Guide for 60042

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.

      Recently Listed Homes 60042

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