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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

1000 E County Road 1320n Sullivan, IL 61951

3 Beds 2 Baths 1,716 sqft Built 1974
Last updated:  Dec 26, 2019

INVESTimate

$127,016

$116K - $138K

Price Est.

$1,381

$1.2K - $1.6K

Rent Est.

$119,890  ( -5.61%)   1 YR EST. FORECAST
  
  
  

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1000 E County Road 1320n PROPERTY INFO

FACTS
  • Built In 1974
  • Price/Sqft : $74.02
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,716 sqft
  • Baths : 2 Full

1000 E County Road 1320n SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
MATTOON HIGH SCHOOL High Regular 991 61 5

MATTOON HIGH SCHOOL

  • Education Level: High
  • # of students: 991
  • # of teachers: 61
5
GreatSchools Rating
 

Financial Details

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Neighborhood

SULLIVAN

  • 7,798

    POPULATION
  • 3,250

    HOUSEHOLDS
  • 55.1%

    WHITE COLLAR

Neighborhood : SULLIVAN

HOUSEHOLDS
3,250
POPULATION

7,798

27.3%Renters
72.7%Home Owners
LABOR FORCE

 

55.1%White Collar
44.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 20% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,381 per month.

MY RENT : $1,381 MEDIAN RENT : $1,049

Rent % Distribution LEVEL
$500-699 0.4%
$700-899 27.8%
$900-999 14.3%
$1,000-1,499 49.3%
>=$1,500 8.2%
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 $1,381 would therefore be considered affordable for annual household incomes greater than $55,240 (12 months x 3.333 x $1,381).

Rent % Affordability
Above $500 83.5%
Above $700 71.5%
Above $1,100 54.9%
Above $1,500 44.5%
Above $1,900 32.3%
HOUSEHOLD INCOME RANGE

Approximately 1,498 of households in this neighborhood have a total annual income of $55,240 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,381 per month.

MINIMUM INCOME RANGE : $55,240

Income % Distribution
<$20K 16.5%
$20K-$35K 18.4%
$35K-$60K 20.6%
$60K-$100K 24.8%
>=$100K 19.7%
COMMUTE TIME DISTRIBUTION

46% of the working population has a commute time of 15 to 44 minutes, 45% has a commute time of 14 minutes or less and 9% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.8%
5-9 mins 25.8%
10-14 mins 10.4%
15-19 mins 11.8%
20-29 mins 13.8%
30-44 mins 20.2%
45-59 mins 4.3%
>60 mins 5.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 20% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,381 per month.

MY RENT : $1,381 MEDIAN RENT : $1,049

Rent % Distribution
$500-699 0.4%
$700-899 27.8%
$900-999 14.3%
$1,000-1,499 49.3%
>=$1,500 8.2%
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 $1,381 would therefore be considered affordable for annual household incomes greater than $55,240 (12 months x 3.333 x $1,381).

Rent % Affordability
Above $500 83.5%
Above $700 71.5%
Above $1,100 54.9%
Above $1,500 44.5%
Above $1,900 32.3%
HOUSEHOLD INCOME RANGE

Approximately 1,498 of households in this neighborhood have a total annual income of $55,240 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,381 per month.

MINIMUM INCOME RANGE : $55,240

Income % Distribution
<$20K 16.5%
$20K-$35K 18.4%
$35K-$60K 20.6%
$60K-$100K 24.8%
>=$100K 19.7%
COMMUTE TIME DISTRIBUTION

46% of the working population has a commute time of 15 to 44 minutes, 45% has a commute time of 14 minutes or less and 9% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.8%
5-9 mins 25.8%
10-14 mins 10.4%
15-19 mins 11.8%
20-29 mins 13.8%
30-44 mins 20.2%
45-59 mins 4.3%
>60 mins 5.1%

SULLIVAN Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 4.4%
Construction 6.7%
Educational Services 5.8%
Health Care & Social Assistance 14.4%
Manufacturing 24.5%
Retail & Wholesale Trader 16.4%
Other 27.8%
AGE DISTRIBUTION

48% of the population is between the ages of 25 and 64, 32% is 24 or younger and 20% is 65 or older.

Age % Distribution
<15 18.7%
15-19 6.4%
20-24 6.4%
25-44 22.5%
45-65 25.6%
66+ 20.3%
OCCUPATION

Occupation % Distribution
Computer Engineering 5.0%
Healthcare 6.3%
Management, Business, & Financial 17.4%
Natural Resources Maintenance 8.4%
Production & Transportation 27.6%
Sales & Office 19.5%
Other 15.7%
HIGHEST EDUCATION LEVEL

17% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.6%
High School 31.7%
Masters Degree 5.8%
Some College 23.7%
Some High School 13.6%
Other 15.6%

1000 E County Road 1320n Comps

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1000 E County Road 1320n, Sullivan, IL 61951 is a single family home of 1,716 sqft. HomeUnion INVESTimateĀ® for 1000 E County Road 1320n includes a Price Estimate of $127,016 and a Rent Estimate of $1,381. This single family home has 3 bedrooms,2 bathrooms, and was built in 1974. This property has an estimated 15 year annualized Yield of 13.05% and Total Return of 12.10%. The estimated 1 year forecast in home value for 1000 E County Road 1320n is -5.61%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , COLES County , or the 61951 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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Nearest zipcodes within 2 miles

  1. 61931
  2. 61938
  3. 61920