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Housing market/Illinois/ZIP 60044

ACS 2023 · FY2027 SAFMR

ZIP 60044 Lake Bluff, Illinois

Chicago-Joliet-Naperville, IL HUD Metro FMR Area · Illinois. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
10,289
Households
4,284
Median HH income
$127,546
Renter share
31.1%
Median gross rent
$1,672
Vacancy
6.9%
Pop. change
+2.9%
2BR SAFMR
$2,280
SAFMR / rent
1.364×
2–49 unit stock
977
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 60044 · IL — sent to you.

ZIP 60044 · IL

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ACS rent vs 2BR SAFMR

ZIP 60044 — Lake Bluff, IL HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,672
2BR SAFMR$2,280
90% floor$2,052
110% ceiling$2,508

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 60044

  • 1-unit detached3,02365.7%
  • 1-unit attached3217.0%
  • 2–4 units3327.2%
  • 5–49 units64514.0%
  • 50+ units2695.8%
  • Mobile90.2%
TypeUnitsShare
1-unit detached3,02365.7%
1-unit attached3217.0%
2 units (duplex)2305.0%
3–4 units1022.2%
5–9 units1723.7%
10–19 units3186.9%
20–49 units1553.4%
50+ units2695.8%
Mobile90.2%

2–4 unit share 7.2% · 5–49 unit share 14.0% · combined 2–49 21.2%.

Units by bedrooms

Studio
18
1BR
626
2BR
921
3BR
1,231
4BR
1,332
5+
471

Rent burden

Rent ≥30% of income48.2%
Rent ≥50% of income26.2%
  • ACS median gross rent $1,672 (all bedrooms, occupied rentals).
  • Median contract rent $1,570.
  • Renters paying ≥30% of income 48.2%; ≥50% 26.2%.
  • FY2027 2BR SAFMR $2,280 (1.364× ACS median gross rent).

Population

10,289 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +2.9%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 898 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 60044 31.1% of occupied households are renters; vacancy is 6.9%; ACS median gross rent is $1,672; population increased +2.9% between the 2018 and 2023 ACS vintages; the housing stock includes 332 units in 2–4-unit structures and 645 units in 5–49-unit structures; FY2027 2BR SAFMR is $2,280 versus ACS median gross rent of $1,672. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Illinois research

ZIP 60044 is a Census / HUD profile for Chicago-Joliet-Naperville, IL. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 60044 — Lake Bluff, IL HUD Section 8 Payment Standards / SAFMR·Illinois ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
60002Chicago-Joliet-Naperville, IL HUD Metro FMR Area19.3%$1,176$1,65060004Chicago-Joliet-Naperville, IL HUD Metro FMR Area22.7%$1,703$2,47060005Chicago-Joliet-Naperville, IL HUD Metro FMR Area36.6%$1,621$2,20060006Chicago-Joliet-Naperville, IL HUD Metro FMR Area——$1,98060007Chicago-Joliet-Naperville, IL HUD Metro FMR Area26.0%$1,574$2,21060008Chicago-Joliet-Naperville, IL HUD Metro FMR Area27.5%$1,561$2,16060009Chicago-Joliet-Naperville, IL HUD Metro FMR Area——$1,98060010Chicago-Joliet-Naperville, IL HUD Metro FMR Area11.9%$2,459$3,02060011Chicago-Joliet-Naperville, IL HUD Metro FMR Area——$2,02060012Chicago-Joliet-Naperville, IL HUD Metro FMR Area5.4%$2,162$2,19060013Chicago-Joliet-Naperville, IL HUD Metro FMR Area11.6%$1,489$2,12060014Chicago-Joliet-Naperville, IL HUD Metro FMR Area19.4%$1,429$1,990

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Illinois research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 60044?

ZIP 60044 (Chicago-Joliet-Naperville, IL HUD Metro FMR Area) has 10,289 residents, 4,284 households, a renter share of 31.1%, median household income of $127,546, and ACS 2023 median gross rent of $1,672. Vacancy is 6.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 60044?

ACS counts 230 units in 2-unit buildings, 102 in 3–4 unit buildings, 172 in 5–9, 318 in 10–19, and 155 in 20–49. Combined 2–49 unit stock is 977 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 60044?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,280. See the full schedule and 90–110% payment-standard band on the ZIP 60044 — Lake Bluff, IL HUD Section 8 Payment Standards / SAFMR.

Does this Illinois ZIP profile include Georgia listings?

No. ZIP 60044 is Census / HUD research for Chicago-Joliet-Naperville, IL HUD Metro FMR Area. Jeff Crowe CRE does not list Illinois property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.