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Estimate your true cost of homeownership in ZIP Code 60657 with localized property taxes, insurance, and utility data.
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Used with your down payment to fetch a live, scenario-specific rate.
Loan balance and total interest paid over 30 years.
Based on the local median home value, estimated real estate property taxes in CHICAGO are around $8,737 per year.
The median home value in CHICAGO is currently estimated at $663,044.
For a median priced home, homeowners insurance in CHICAGO averages around $1,427 annually.
True homeownership costs go beyond principal and interest. In CHICAGO, a typical homeowner with a median-priced home of $663,044 can expect to pay roughly $8,737/yr in property taxes, $1,427/yr for homeowners insurance, and $1,960/yr in energy utilities. That adds approximately $1,010 per month in ongoing costs on top of your mortgage payment. Use our calculator above to model your exact all-in monthly cost.