HomeInsuranceQts

Home Insurance in Schiller Park, Illinois

Homes in Schiller Park carry a median value of $275,000 - 15% lower than the Cook County median.

Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Schiller Park was built around 1962. About 44% of homes were built before 1960, about 5 points below Cook County's 49%.

In Schiller Park, the housing stock is 50% single-family homes and 37% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.

In Schiller Park, about 57% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

The vacancy rate is 4%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 59% of occupied homes in Schiller Park are owner-occupied.

In Schiller Park, 90% of homes are primarily heated with natural gas.

Cook County had 11,554 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is winter weather (Very High). See the full Cook County home insurance overview for all FEMA hazard ratings and flood coverage details.

The statewide average premium for a standard HO-3 homeowners policy in Illinois is $1,480 per year, according to the NAIC homeowners insurance report (2023 data).

Key figures

Median home value$275,000
Median year built1962
Owner-occupied share59%
Share of owner-occupied homes with a mortgage57%
Top county hazardWinter Weather (Very High)
Active NFIP policies in Cook County11,554
Home insurance premium$1,480 - statewide average (NAIC, 2023 data)
Key home insurance figures for Schiller Park, IL

Nearby towns

Sources

Data last updated: 2026-09-29