Investor-grade market analytics for Chicago-Naperville-Elgin, Illinois. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.
$359,888
+4.5% year-over-year
7.6%
gross annual
-5.9%
base case (Zillow ZHVF)
-5.9% year-over-year
Migration: Top 99% nationally
In-migrants avg $88,518 AGI vs out-migrants $120,144
Opportunity Zone Market
87 ZIP codes in Chicago-Naperville-Elgin are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →
Chicago-Naperville-Elgin, IL-IN-WI shows steady growth at 4.5% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability remains favorable with a price-to-income ratio of 4.05x, below the national average of 4.8x. Net negative migration (-15,904 returns/year) is reducing housing demand pressure. Climate risk is moderate (49/100) with manageable exposure. Rental yield of 7.59% is strong, making this market attractive for buy-and-hold investors.
12-month projection (Zillow ZHVF model)
Chicago-Naperville-Elgin, IL-IN-WI's primary climate exposure is tornadoes (66/100). The composite climate risk score of 49/100 (Moderate) indicates overall risk with manageable exposure that should be factored into investment analysis. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.