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Housing market/Illinois/ZIP 60014

ACS 2023 · FY2027 SAFMR

ZIP 60014 Crystal Lake, 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
48,383
Households
17,662
Median HH income
$104,657
Renter share
19.4%
Median gross rent
$1,429
Vacancy
2.6%
Pop. change
-0.1%
2BR SAFMR
$1,990
SAFMR / rent
1.393×
2–49 unit stock
2,796
LIHTC proj / units
1 / 60
HUD assisted MF
2 / 185

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 60014 · IL — sent to you.

ZIP 60014 · IL

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ACS rent vs 2BR SAFMR

ZIP 60014 — Crystal Lake, IL HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,429
2BR SAFMR$1,990
90% floor$1,791
110% ceiling$2,189

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

Housing stock

ACS 2023 units-in-structure · ZCTA 60014

  • 1-unit detached13,01971.8%
  • 1-unit attached1,7879.9%
  • 2–4 units8214.5%
  • 5–49 units1,97510.9%
  • 50+ units2261.2%
  • Mobile2971.6%
TypeUnitsShare
1-unit detached13,01971.8%
1-unit attached1,7879.9%
2 units (duplex)2561.4%
3–4 units5653.1%
5–9 units1,5638.6%
10–19 units2501.4%
20–49 units1620.9%
50+ units2261.2%
Mobile2971.6%

2–4 unit share 4.5% · 5–49 unit share 10.9% · combined 2–49 15.4%.

Units by bedrooms

Studio
157
1BR
822
2BR
4,039
3BR
5,873
4BR
6,115
5+
1,129

Rent burden

Rent ≥30% of income46.7%
Rent ≥50% of income25.4%
  • ACS median gross rent $1,429 (all bedrooms, occupied rentals).
  • Median contract rent $1,277.
  • Renters paying ≥30% of income 46.7%; ≥50% 25.4%.
  • FY2027 2BR SAFMR $1,990 (1.393× ACS median gross rent).

Population

48,383 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -0.1%.

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

Assisted inventory

  • LIHTC: 1 projects, 60 units.
  • HUD project-based assisted MF: 2 properties, 185 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 452 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 60014 19.4% of occupied households are renters; vacancy is 2.6%; ACS median gross rent is $1,429; population changed -0.1% between the 2018 and 2023 ACS vintages; the housing stock includes 821 units in 2–4-unit structures and 1,975 units in 5–49-unit structures; 1 LIHTC projects totaling 60 units; FY2027 2BR SAFMR is $1,990 versus ACS median gross rent of $1,429. 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 60014 is a Census / HUD profile for Chicago-Joliet-Naperville, IL. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 60014 — Crystal Lake, 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$2,12060015Chicago-Joliet-Naperville, IL HUD Metro FMR Area15.1%$2,284$3,020

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 60014?

ZIP 60014 (Chicago-Joliet-Naperville, IL HUD Metro FMR Area) has 48,383 residents, 17,662 households, a renter share of 19.4%, median household income of $104,657, and ACS 2023 median gross rent of $1,429. Vacancy is 2.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 60014?

ACS counts 256 units in 2-unit buildings, 565 in 3–4 unit buildings, 1,563 in 5–9, 250 in 10–19, and 162 in 20–49. Combined 2–49 unit stock is 2,796 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 60014?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,990. See the full schedule and 90–110% payment-standard band on the ZIP 60014 — Crystal Lake, IL HUD Section 8 Payment Standards / SAFMR.

Does this Illinois ZIP profile include Georgia listings?

No. ZIP 60014 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.