Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

1019 N Fairfield Rd Round Lake Beach, IL 60073

0 Beds 1 Baths 1,096 sqft Built 1973
Last updated:  Jan 23, 2020

INVESTimate

$81,007

$78.9K - $83.1K

Price Est.

$938

885 - 991

Rent Est.

$90,226  ( +11.38%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,795 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 4211 Brookhead Trail Houston, TX
    • 3 beds 2 baths ∙ 1,713 Sqft ∙ Built 1980 ∙ 1units 3 beds 2 baths ∙ 1,713 Sqft ∙ Built 1980 ∙ 1units
    AVAILABLE
    • 14.02% GROSS YIELD
    • $7,950 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $119,000
    • $37,285
    • $1,390
  • 533 NARROW BROOK DRIVE Indianapolis, IN
    • 4 beds 3 baths ∙ 1,602 Sqft ∙ Built 2007 ∙ 1units 4 beds 3 baths ∙ 1,602 Sqft ∙ Built 2007 ∙ 1units
    AVAILABLE
    • 13.93% GROSS YIELD
    • $8,115 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $102,500
    • $32,912
    • $1,190

1019 N Fairfield Rd PROPERTY INFO

FACTS
  • Built In 1973
  • Price/Sqft : $73.91
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,096 sqft
  • Baths : 1 Full

1019 N Fairfield Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
RAYMOND ELLIS ELEMENTARY SCHOOL Primary Regular 735 37 2
ROUND LAKE MIDDLE SCHOOL Middle Regular 969 55 3
ROUND LAKE HIGH SCHOOL High Regular 1,927 115 3

RAYMOND ELLIS ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 735
  • # of teachers: 37
2
GreatSchools Rating

ROUND LAKE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 969
  • # of teachers: 55
3
GreatSchools Rating

ROUND LAKE HIGH SCHOOL

  • Education Level: High
  • # of students: 1,927
  • # of teachers: 115
3
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

Round Lake Beach-Hillwood

  • 2,831

    POPULATION
  • 798

    HOUSEHOLDS
  • 42.3%

    WHITE COLLAR

Neighborhood : Round Lake Beach-Hillwood

HOUSEHOLDS
798
POPULATION

2,831

28.1%Renters
71.9%Home Owners
LABOR FORCE

 

42.3%White Collar
57.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 83% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $938 per month.

MY RENT : $938 MEDIAN RENT : $1,172

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 5.8%
$900-999 28.6%
$1,000-1,499 59.9%
>=$1,500 5.8%
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 $938 would therefore be considered affordable for annual household incomes greater than $37,520 (12 months x 3.333 x $938).

Rent % Affordability
Above $500 79.3%
Above $700 75.1%
Above $1,100 52.7%
Above $1,500 30.7%
Above $1,900 17.2%
HOUSEHOLD INCOME RANGE

Approximately 338 of households in this neighborhood have a total annual income of $37,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $938 per month.

MINIMUM INCOME RANGE : $37,520

Income % Distribution
<$20K 20.7%
$20K-$35K 17.7%
$35K-$60K 31.0%
$60K-$100K 24.3%
>=$100K 6.4%
COMMUTE TIME DISTRIBUTION

64% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.8%
5-9 mins 8.9%
10-14 mins 5.9%
15-19 mins 4.0%
20-29 mins 32.7%
30-44 mins 27.8%
45-59 mins 9.9%
>60 mins 10.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 83% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $938 per month.

MY RENT : $938 MEDIAN RENT : $1,172

Rent % Distribution
$500-699 0.0%
$700-899 5.8%
$900-999 28.6%
$1,000-1,499 59.9%
>=$1,500 5.8%
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 $938 would therefore be considered affordable for annual household incomes greater than $37,520 (12 months x 3.333 x $938).

Rent % Affordability
Above $500 79.3%
Above $700 75.1%
Above $1,100 52.7%
Above $1,500 30.7%
Above $1,900 17.2%
HOUSEHOLD INCOME RANGE

Approximately 338 of households in this neighborhood have a total annual income of $37,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $938 per month.

MINIMUM INCOME RANGE : $37,520

Income % Distribution
<$20K 20.7%
$20K-$35K 17.7%
$35K-$60K 31.0%
$60K-$100K 24.3%
>=$100K 6.4%
COMMUTE TIME DISTRIBUTION

64% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.8%
5-9 mins 8.9%
10-14 mins 5.9%
15-19 mins 4.0%
20-29 mins 32.7%
30-44 mins 27.8%
45-59 mins 9.9%
>60 mins 10.2%

Round Lake Beach-Hillwood Demographics

INDUSTRY

Industry % Distribution
Administrative Support 21.1%
Arts & Entertainment 11.7%
Construction 6.0%
Educational Services 6.8%
Manufacturing 18.8%
Retail & Wholesale Trader 17.0%
Other 18.7%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 39% is 24 or younger and 8% is 65 or older.

Age % Distribution
<15 22.0%
15-19 10.2%
20-24 6.4%
25-44 31.4%
45-65 21.8%
66+ 8.2%
OCCUPATION

Occupation % Distribution
Clean 11.8%
Education 5.8%
Management, Business, & Financial 6.2%
Natural Resources Maintenance 13.2%
Production & Transportation 25.1%
Sales & Office 22.2%
Other 15.7%
HIGHEST EDUCATION LEVEL

7% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 3.9%
High School 34.0%
Masters Degree 3.3%
Some College 13.9%
Some High School 40.5%
Other 4.4%

1019 N Fairfield Rd Comps

Sorry, we do not have sufficient data available.

1019 N Fairfield Rd, Round Lake Beach, IL 60073 is a single family home of 1,096 sqft. HomeUnion INVESTimateĀ® for 1019 N Fairfield Rd includes a Price Estimate of $81,007 and a Rent Estimate of $938. This single family home has 0 bedrooms,1 bathrooms, and was built in 1973. This property has an estimated 15 year annualized Yield of 13.90% and Total Return of 30.67%. The estimated 1 year forecast in home value for 1019 N Fairfield Rd is 11.38%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , LAKE County , or the 60073 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Nearest zipcodes within 2 miles

  1. 60041
  2. 60046