Housing market/Illinois/ZIP 60586

ACS 2023 · FY2027 SAFMR

ZIP 60586 Kendall County, Illinois

Kendall County, 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
48,006
Households
14,421
Median HH income
$122,963
Renter share
7.4%
Median gross rent
$2,159
Vacancy
0.8%
Pop. change
+0.7%
2BR SAFMR
$2,950
SAFMR / rent
1.366×
2–49 unit stock
302
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 60586 · IL — sent to you.

ZIP 60586 · IL

ACS median rent$2,159
2BR SAFMR$2,950
90% floor$2,655
110% ceiling$3,245

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

Housing stock

ACS 2023 units-in-structure · ZCTA 60586

  • 1-unit detached12,41985.5%
  • 1-unit attached1,74512.0%
  • 2–4 units2551.8%
  • 5–49 units470.3%
  • Mobile560.4%
TypeUnitsShare
1-unit detached12,41985.4%
1-unit attached1,74512.0%
2 units (duplex)00.0%
3–4 units2551.8%
5–9 units320.2%
10–19 units150.1%
20–49 units00.0%
50+ units00.0%
Mobile560.4%

2–4 unit share 1.8% · 5–49 unit share 0.3% · combined 2–49 2.1%.

Units by bedrooms

Studio
13
1BR
31
2BR
1,557
3BR
6,044
4BR
5,893
5+
998

Rent burden

Rent ≥30% of income35.7%
Rent ≥50% of income13.1%
  • ACS median gross rent $2,159 (all bedrooms, occupied rentals).
  • Median contract rent $1,810.
  • Renters paying ≥30% of income 35.7%; ≥50% 13.1%.
  • FY2027 2BR SAFMR $2,950 (1.366× ACS median gross rent).

Population

48,006 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +0.7%.

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 173 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 60586 7.4% of occupied households are renters; vacancy is 0.8%; ACS median gross rent is $2,159; population increased +0.7% between the 2018 and 2023 ACS vintages; the housing stock includes 255 units in 2–4-unit structures and 47 units in 5–49-unit structures; FY2027 2BR SAFMR is $2,950 versus ACS median gross rent of $2,159. 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 60586 is a Census / HUD profile for Kendall County, IL. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

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 60586?

ZIP 60586 (Kendall County, IL HUD Metro FMR Area) has 48,006 residents, 14,421 households, a renter share of 7.4%, median household income of $122,963, and ACS 2023 median gross rent of $2,159. Vacancy is 0.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 60586?

ACS counts 0 units in 2-unit buildings, 255 in 3–4 unit buildings, 32 in 5–9, 15 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 302 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 60586?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,950. See the full schedule and 90–110% payment-standard band on the ZIP 60586 — Kendall County, IL HUD Section 8 Payment Standards / SAFMR.

Does this Illinois ZIP profile include Georgia listings?

No. ZIP 60586 is Census / HUD research for Kendall County, 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.