Census tract 1701, Cook County, IL: 2027 Opportunity Zone

Yes. Census tract 1701 in Cook County, Illinois (GEOID 17031170100, QOZ ID N17031170100-27) is on Treasury's final list of Opportunity Zones, designated from January 1, 2027 through December 31, 2036.

Population

2,085

Median family income

$88,889

Poverty rate

27.9%

Unemployment

1.4%

Median home value

$263,600

American Community Survey 2020 to 2024 5-year estimates (U.S. Census Bureau).

Why it qualified

Treasury's data shows it qualified on a poverty rate of at least 20% (poverty 27.9%, income at 78% of the area median). See how a tract qualifies.

Its poverty rate ranks 35 of 84 among the designated tracts in Cook County.

Was it a 2018 zone?

None of this tract's land was in a 2018 Opportunity Zone, so it is new to the program on January 1, 2027.

What applies here

A gain invested in a Qualified Opportunity Fund after December 31, 2026 is deferred for up to five years. Held five years, basis rises by 10%. Held at least ten years, the investor can elect to exclude appreciation, measured no later than year 30. See the OZ 2.0 rules.

Other designated tracts in Cook County

• Tract 17031010201
• Tract 17031010501
• Tract 17031010503
• Tract 17031080400
• Tract 17031191302
• Tract 17031200200
• Tract 17031230600
• Tract 17031251100
• Tract 17031251300
• Tract 17031271500
• Tract 17031280400
• Tract 17031292400

See all Cook County Opportunity Zones, open the tract map, or check an exact address with the lookup. Tract lines follow the 2020 census. Source: CDFI Fund designated tract list.