1031 Exchange Northbrook, Illinois

Illinois Opportunity Zones

Surrounding submarket Area

Northbrook, Illinois is a part of the Glenview/Evanston Submarket submarket area, and contains zip codes 60062 and 60065.

Northbrook Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Northbrook, IL submarket area was $1,560, which is 31.87% higher than 2014 average rent. This represents a compounded annual growth rate of 5.69%. 2019 vacancy in Northbrook, IL was 6.30%.

The total population of the city of Northbrook, IL has decreased 0.01% since 2010. As of 2018, the population was 33,167. The median household income of the Northbrook was $123,457, which is 104.76% higher than the national average.

  • submarket area Glenview / Evanston Submarket
  • avg rent $1,560
  • rent growth 31.87%
  • vacancy 6.30%
  • median income $123,457
  • population (2018) 33,167
  • population growth -0.01%
  • vs. nat'l avg 104.76%
  • zip codes 60062 60065

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