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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

11718 S Romine Rd Canton, IL 61520

3 Beds 1 Baths 1,684 sqft Built 1966
Last updated:  Dec 26, 2019

INVESTimate

$73,573

$68.2K - $79.0K

Price Est.

$1,052

899 - $1.2K

Rent Est.

$73,573  ( 0%)   1 YR EST. FORECAST
  
  
  

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11718 S Romine Rd PROPERTY INFO

FACTS
  • Built In 1966
  • Price/Sqft : $43.69
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,684 sqft
  • Baths : 1 Full

11718 S Romine Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
ILLINI BLUFFS ELEMENTARY SCHOOL Primary Regular 450 21 7
ILLINI BLUFFS MIDDLE SCHOOL Middle Regular 221 10 8
ILLINI BLUFFS HIGH SCHOOL High Regular 277 21 7

ILLINI BLUFFS ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 450
  • # of teachers: 21
7
GreatSchools Rating

ILLINI BLUFFS MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 221
  • # of teachers: 10
8
GreatSchools Rating

ILLINI BLUFFS HIGH SCHOOL

  • Education Level: High
  • # of students: 277
  • # of teachers: 21
7
GreatSchools Rating
 

Financial Details

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Neighborhood

CANTON

  • 17,384

    POPULATION
  • 6,550

    HOUSEHOLDS
  • 54.8%

    WHITE COLLAR

Neighborhood : CANTON

HOUSEHOLDS
6,550
POPULATION

17,384

29.6%Renters
70.4%Home Owners
LABOR FORCE

 

54.8%White Collar
45.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 1% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,052 per month.

MY RENT : $1,052 MEDIAN RENT : $766

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 98.9%
$900-999 0.5%
$1,000-1,499 0.6%
>=$1,500 0.0%
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 $1,052 would therefore be considered affordable for annual household incomes greater than $42,080 (12 months x 3.333 x $1,052).

Rent % Affordability
Above $500 80.8%
Above $700 69.7%
Above $1,100 51.6%
Above $1,500 37.2%
Above $1,900 27.1%
HOUSEHOLD INCOME RANGE

Approximately 2,901 of households in this neighborhood have a total annual income of $42,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,052 per month.

MINIMUM INCOME RANGE : $42,080

Income % Distribution
<$20K 19.2%
$20K-$35K 19.9%
$35K-$60K 23.8%
$60K-$100K 23.4%
>=$100K 13.8%
COMMUTE TIME DISTRIBUTION

26% of the working population has a commute time of 15 to 44 minutes, 54% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 13.6%
5-9 mins 24.8%
10-14 mins 16.1%
15-19 mins 5.4%
20-29 mins 7.9%
30-44 mins 13.0%
45-59 mins 15.4%
>60 mins 3.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 1% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,052 per month.

MY RENT : $1,052 MEDIAN RENT : $766

Rent % Distribution
$500-699 0.0%
$700-899 98.9%
$900-999 0.5%
$1,000-1,499 0.6%
>=$1,500 0.0%
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 $1,052 would therefore be considered affordable for annual household incomes greater than $42,080 (12 months x 3.333 x $1,052).

Rent % Affordability
Above $500 80.8%
Above $700 69.7%
Above $1,100 51.6%
Above $1,500 37.2%
Above $1,900 27.1%
HOUSEHOLD INCOME RANGE

Approximately 2,901 of households in this neighborhood have a total annual income of $42,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,052 per month.

MINIMUM INCOME RANGE : $42,080

Income % Distribution
<$20K 19.2%
$20K-$35K 19.9%
$35K-$60K 23.8%
$60K-$100K 23.4%
>=$100K 13.8%
COMMUTE TIME DISTRIBUTION

26% of the working population has a commute time of 15 to 44 minutes, 54% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 13.6%
5-9 mins 24.8%
10-14 mins 16.1%
15-19 mins 5.4%
20-29 mins 7.9%
30-44 mins 13.0%
45-59 mins 15.4%
>60 mins 3.8%

CANTON Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.1%
Construction 6.3%
Educational Services 10.9%
Health Care & Social Assistance 20.2%
Manufacturing 11.8%
Retail & Wholesale Trader 14.5%
Other 28.2%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 27% is 24 or younger and 19% is 65 or older.

Age % Distribution
<15 14.6%
15-19 5.0%
20-24 7.2%
25-44 28.1%
45-65 26.5%
66+ 18.6%
OCCUPATION

Occupation % Distribution
Construction 7.4%
Healthcare 7.9%
Management, Business, & Financial 11.3%
Natural Resources Maintenance 11.1%
Production & Transportation 17.5%
Sales & Office 20.6%
Other 24.2%
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 10.6%
High School 29.4%
Masters Degree 4.7%
Some College 28.1%
Some High School 14.2%
Other 13.0%

11718 S Romine Rd Comps

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11718 S Romine Rd, Canton, IL 61520 is a single family home of 1,684 sqft. HomeUnion INVESTimateĀ® for 11718 S Romine Rd includes a Price Estimate of $73,573 and a Rent Estimate of $1,052. This single family home has 3 bedrooms,1 bathrooms, and was built in 1966. This property has an estimated 15 year annualized Yield of 17.16% and Total Return of 17.99%. The estimated 1 year forecast in home value for 11718 S Romine Rd is 0%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , PEORIA County , or the 61520 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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Nearest zipcodes within 2 miles

  1. 61533