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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

1291 N Red Oak Cir 1 Round Lake Beach, IL 60073

0 Beds 2 Baths 974 sqft Built 2002
Last updated:  Jan 23, 2020

INVESTimate

$103,759

$101K - $106K

Price Est.

$1,017

959 - $1.1K

Rent Est.

$108,822  ( +4.88%)   1 YR EST. FORECAST
  
  
  

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1291 N Red Oak Cir 1 PROPERTY INFO

FACTS
  • Built In 2002
  • Price/Sqft : $106.53
CONSTRUCTION
  • Beds : 0
  • Floor Size : 974 sqft
  • Baths : 2 Full

1291 N Red Oak Cir 1 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
INDIAN HILL ELEMENTARY SCHOOL Primary Regular 586 28 2
ROUND LAKE MIDDLE SCHOOL Middle Regular 969 55 3
ROUND LAKE HIGH SCHOOL High Regular 1,927 115 3

INDIAN HILL ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 586
  • # of teachers: 28
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

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Neighborhood

Fairfield Village

  • 853

    POPULATION
  • 461

    HOUSEHOLDS
  • 47.6%

    WHITE COLLAR

Neighborhood : Fairfield Village

HOUSEHOLDS
461
POPULATION

853

19.4%Renters
80.6%Home Owners
LABOR FORCE

 

47.6%White Collar
52.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 66% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,017 per month.

MY RENT : $1,017 MEDIAN RENT : $1,055

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 12.0%
$900-999 19.8%
$1,000-1,499 68.2%
>=$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 $1,017 would therefore be considered affordable for annual household incomes greater than $40,680 (12 months x 3.333 x $1,017).

Rent % Affordability
Above $500 83.0%
Above $700 75.7%
Above $1,100 47.1%
Above $1,500 32.4%
Above $1,900 22.2%
HOUSEHOLD INCOME RANGE

Approximately 197 of households in this neighborhood have a total annual income of $40,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,017 per month.

MINIMUM INCOME RANGE : $40,680

Income % Distribution
<$20K 17.0%
$20K-$35K 18.3%
$35K-$60K 32.4%
$60K-$100K 20.9%
>=$100K 11.5%
COMMUTE TIME DISTRIBUTION

61% of the working population has a commute time of 15 to 44 minutes, 11% has a commute time of 14 minutes or less and 28% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.0%
5-9 mins 3.2%
10-14 mins 5.6%
15-19 mins 10.5%
20-29 mins 15.3%
30-44 mins 35.2%
45-59 mins 12.7%
>60 mins 15.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 66% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,017 per month.

MY RENT : $1,017 MEDIAN RENT : $1,055

Rent % Distribution
$500-699 0.0%
$700-899 12.0%
$900-999 19.8%
$1,000-1,499 68.2%
>=$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 $1,017 would therefore be considered affordable for annual household incomes greater than $40,680 (12 months x 3.333 x $1,017).

Rent % Affordability
Above $500 83.0%
Above $700 75.7%
Above $1,100 47.1%
Above $1,500 32.4%
Above $1,900 22.2%
HOUSEHOLD INCOME RANGE

Approximately 197 of households in this neighborhood have a total annual income of $40,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,017 per month.

MINIMUM INCOME RANGE : $40,680

Income % Distribution
<$20K 17.0%
$20K-$35K 18.3%
$35K-$60K 32.4%
$60K-$100K 20.9%
>=$100K 11.5%
COMMUTE TIME DISTRIBUTION

61% of the working population has a commute time of 15 to 44 minutes, 11% has a commute time of 14 minutes or less and 28% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.0%
5-9 mins 3.2%
10-14 mins 5.6%
15-19 mins 10.5%
20-29 mins 15.3%
30-44 mins 35.2%
45-59 mins 12.7%
>60 mins 15.5%

Fairfield Village Demographics

INDUSTRY

Industry % Distribution
Administrative Support 10.9%
Arts & Entertainment 10.2%
Educational Services 6.2%
Financial Industries 4.5%
Manufacturing 27.9%
Retail & Wholesale Trader 19.6%
Other 20.9%
AGE DISTRIBUTION

58% of the population is between the ages of 25 and 64, 34% is 24 or younger and 8% is 65 or older.

Age % Distribution
<15 19.1%
15-19 5.9%
20-24 9.1%
25-44 33.5%
45-65 24.6%
66+ 7.7%
OCCUPATION

Occupation % Distribution
Clean 7.2%
Computer Engineering 4.4%
Management, Business, & Financial 7.5%
Natural Resources Maintenance 8.7%
Production & Transportation 26.8%
Sales & Office 37.7%
Other 7.8%
HIGHEST EDUCATION LEVEL

10% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.1%
High School 37.9%
Masters Degree 2.2%
Some College 24.7%
Some High School 16.2%
Other 11.9%

1291 N Red Oak Cir 1 Comps

Sorry, we do not have sufficient data available.

1291 N Red Oak Cir 1, Round Lake Beach, IL 60073 is a single family home of 974 sqft. HomeUnion INVESTimateĀ® for 1291 N Red Oak Cir 1 includes a Price Estimate of $103,759 and a Rent Estimate of $1,017. This single family home has 0 bedrooms,2 bathrooms, and was built in 2002. This property has an estimated 15 year annualized Yield of 11.76% and Total Return of 18.76%. The estimated 1 year forecast in home value for 1291 N Red Oak Cir 1 is 4.88%.

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

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