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This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

1 Bridle Ln Bannockburn, IL 60015

0 Beds 3 Baths 4,375 sqft Built 1987
Last updated:  Jan 23, 2020

INVESTimate

$937,791

$900K - $976K

Price Est.

$5,544

$5.0K - $6.1K

Rent Est.

$950,545  ( +1.36%)   1 YR EST. FORECAST
  
  
  

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1 Bridle Ln PROPERTY INFO

FACTS
  • Built In 1987
  • Price/Sqft : $214.35
CONSTRUCTION
  • Beds : 0
  • Floor Size : 4,375 sqft
  • Baths : 3 Full

1 Bridle Ln SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BANNOCKBURN ELEMENTARY SCHOOL Primary Regular 168 18 9
BANNOCKBURN ELEMENTARY SCHOOL Middle Regular 168 18 9
DEERFIELD HIGH SCHOOL High Regular 1,645 111 10

BANNOCKBURN ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 168
  • # of teachers: 18
9
GreatSchools Rating

BANNOCKBURN ELEMENTARY SCHOOL

  • Education Level: Middle
  • # of students: 168
  • # of teachers: 18
9
GreatSchools Rating

DEERFIELD HIGH SCHOOL

  • Education Level: High
  • # of students: 1,645
  • # of teachers: 111
10
GreatSchools Rating
 

Financial Details

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Neighborhood

Bannockburn

  • 1,708

    POPULATION
  • 352

    HOUSEHOLDS
  • 84.0%

    WHITE COLLAR

Neighborhood : Bannockburn

HOUSEHOLDS
352
POPULATION

1,708

32.1%Renters
67.9%Home Owners
LABOR FORCE

 

84.0%White Collar
16.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $5,544 per month.

MY RENT : $5,544 MEDIAN RENT : $5,709

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $5,544 would therefore be considered affordable for annual household incomes greater than $221,760 (12 months x 3.333 x $5,544).

Rent % Affordability
Above $500 90.9%
Above $700 86.9%
Above $1,100 75.9%
Above $1,500 68.3%
Above $1,900 59.5%
HOUSEHOLD INCOME RANGE

Approximately 21 of households in this neighborhood have a total annual income of $221,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $5,544 per month.

MINIMUM INCOME RANGE : $221,760

Income % Distribution
<$20K 9.1%
$20K-$35K 7.6%
$35K-$60K 15.0%
$60K-$100K 14.4%
>=$100K 53.8%
COMMUTE TIME DISTRIBUTION

38% of the working population has a commute time of 15 to 44 minutes, 49% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.0%
5-9 mins 25.4%
10-14 mins 15.9%
15-19 mins 8.5%
20-29 mins 19.2%
30-44 mins 10.1%
45-59 mins 6.8%
>60 mins 6.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $5,544 per month.

MY RENT : $5,544 MEDIAN RENT : $5,709

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $5,544 would therefore be considered affordable for annual household incomes greater than $221,760 (12 months x 3.333 x $5,544).

Rent % Affordability
Above $500 90.9%
Above $700 86.9%
Above $1,100 75.9%
Above $1,500 68.3%
Above $1,900 59.5%
HOUSEHOLD INCOME RANGE

Approximately 21 of households in this neighborhood have a total annual income of $221,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $5,544 per month.

MINIMUM INCOME RANGE : $221,760

Income % Distribution
<$20K 9.1%
$20K-$35K 7.6%
$35K-$60K 15.0%
$60K-$100K 14.4%
>=$100K 53.8%
COMMUTE TIME DISTRIBUTION

38% of the working population has a commute time of 15 to 44 minutes, 49% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.0%
5-9 mins 25.4%
10-14 mins 15.9%
15-19 mins 8.5%
20-29 mins 19.2%
30-44 mins 10.1%
45-59 mins 6.8%
>60 mins 6.0%

Bannockburn Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.4%
Educational Services 24.3%
Health Care & Social Assistance 8.1%
Manufacturing 7.0%
Professional & Scientific Tech Services 10.9%
Retail & Wholesale Trader 11.8%
Other 28.5%
AGE DISTRIBUTION

38% of the population is between the ages of 25 and 64, 53% is 24 or younger and 9% is 65 or older.

Age % Distribution
<15 12.5%
15-19 21.0%
20-24 19.4%
25-44 20.7%
45-65 17.0%
66+ 9.5%
OCCUPATION

Occupation % Distribution
Computer Engineering 4.2%
Healthcare 9.5%
Management, Business, & Financial 37.0%
Production & Transportation 4.8%
Sales & Office 31.2%
Social 3.4%
Other 9.8%
HIGHEST EDUCATION LEVEL

42% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 5.6%
High School 6.6%
Masters Degree 20.9%
Professional 12.0%
Some College 12.9%
Other 42.0%

1 Bridle Ln Comps

Sorry, we do not have sufficient data available.

1 Bridle Ln, Bannockburn, IL 60015 is a single family home of 4,375 sqft. HomeUnion INVESTimateĀ® for 1 Bridle Ln includes a Price Estimate of $937,791 and a Rent Estimate of $5,544. This single family home has 0 bedrooms,3 bathrooms, and was built in 1987. This property has an estimated 15 year annualized Yield of 7.09% and Total Return of 8.79%. The estimated 1 year forecast in home value for 1 Bridle Ln is 1.36%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , LAKE County , or the 60015 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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