The story of this market
The typical home in ZIP 60112 sells for about $266,364, or $145 per square foot.
Prices are down 1.3% from a year ago, which gives buyers more room to negotiate. Homes take about 47 days to sell. HUD's fair market rent for a two-bedroom is $1,552 a month.
ZIP 60112
The 60112 housing market is currently stable, characterized by a median sale price of approximately $266,364 and a moderate supply of inventory. While year-over-year prices have seen a slight decline, the area remains an attractive, affordable option for commuters compared to the broader Chicago metro region. Data for specific metrics like crime and hazard insurance were not determinable at the ZIP level.
This ZIP is well-suited for family buyers and commuters looking for more affordable, newer-construction housing options compared to the closer-in Chicago suburbs.
Median prices moved down 1.3% year over year.
Homes spend a median of 47 days on market with 3.1 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 8.1% · poverty 6.9% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 60112, DeKalb County, IL
The area is served by the DeKalb Community Unit School District 428, which generally maintains a moderate performance profile within the regional context.
Cortland is a small residential community experiencing modest growth, primarily driven by new construction developments like Richland Trails that cater to commuters seeking suburban housing.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Illinois) — Property Tax Assessment (Fair Cash Value): Property is assessed at 33 1/3% of its fair cash value. The tax bill is calculated by multiplying the equalized assessed value (EAV) by the aggregate tax rate of the local taxing districts.
Residents primarily commute via I-88 toward the Chicago metropolitan area, with a mean commute time of approximately 25.6 minutes.
The area features local community parks and green spaces, with proximity to larger recreational amenities and shopping districts in the neighboring city of DeKalb.
The rental market is characterized by a low vacancy rate of 1.84% and a median gross rent of $1,552, reflecting steady demand for housing in this suburban enclave.
The local economy is largely residential, with residents commuting to major employers in DeKalb, such as Northern Illinois University, and the broader Chicago metro area.
The area is primarily served by highway access via I-88, with limited public transit options available within the immediate ZIP code.
Development is focused on residential expansion, particularly new construction projects on the outskirts of the existing town footprint.
Parcels are subject to DeKalb County property taxes and are served by DeKalb Community Unit School District 428.
Data retrieved from US Census Bureau and SimpleMaps ZCTA profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
A major residential development area featuring new construction homes.
Local green space serving the immediate residential population.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.