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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

1321 Idlewild Dr Round Lake Beach, IL 60073

0 Beds 1 Baths 1,708 sqft Built 1971
Last updated:  Jan 23, 2020

INVESTimate

$117,211

$115K - $119K

Price Est.

$1,448

$1.4K - $1.5K

Rent Est.

$122,931  ( +4.88%)   1 YR EST. FORECAST
  
  
  

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1321 Idlewild Dr PROPERTY INFO

FACTS
  • Built In 1971
  • Price/Sqft : $68.62
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,708 sqft
  • Baths : 1 Full

1321 Idlewild Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
RAYMOND ELLIS ELEMENTARY SCHOOL Primary Regular 735 37 2
JOHN T. MAGEE MIDDLE SCHOOL Middle Regular 717 41 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

JOHN T. MAGEE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 717
  • # of teachers: 41
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

Round Lake Beach-Sunset

  • 2,476

    POPULATION
  • 669

    HOUSEHOLDS
  • 31.7%

    WHITE COLLAR

Neighborhood : Round Lake Beach-Sunset

HOUSEHOLDS
669
POPULATION

2,476

24.0%Renters
76.0%Home Owners
LABOR FORCE

 

31.7%White Collar
68.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 11% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,448 per month.

MY RENT : $1,448 MEDIAN RENT : $1,160

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 7.7%
$900-999 27.8%
$1,000-1,499 60.1%
>=$1,500 4.4%
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 $1,448 would therefore be considered affordable for annual household incomes greater than $57,920 (12 months x 3.333 x $1,448).

Rent % Affordability
Above $500 84.2%
Above $700 73.2%
Above $1,100 51.9%
Above $1,500 35.6%
Above $1,900 21.3%
HOUSEHOLD INCOME RANGE

Approximately 245 of households in this neighborhood have a total annual income of $57,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,448 per month.

MINIMUM INCOME RANGE : $57,920

Income % Distribution
<$20K 15.8%
$20K-$35K 24.6%
$35K-$60K 24.0%
$60K-$100K 25.5%
>=$100K 10.1%
COMMUTE TIME DISTRIBUTION

53% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 32% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.8%
5-9 mins 2.3%
10-14 mins 11.6%
15-19 mins 5.7%
20-29 mins 13.2%
30-44 mins 34.6%
45-59 mins 14.6%
>60 mins 17.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 11% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,448 per month.

MY RENT : $1,448 MEDIAN RENT : $1,160

Rent % Distribution
$500-699 0.0%
$700-899 7.7%
$900-999 27.8%
$1,000-1,499 60.1%
>=$1,500 4.4%
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 $1,448 would therefore be considered affordable for annual household incomes greater than $57,920 (12 months x 3.333 x $1,448).

Rent % Affordability
Above $500 84.2%
Above $700 73.2%
Above $1,100 51.9%
Above $1,500 35.6%
Above $1,900 21.3%
HOUSEHOLD INCOME RANGE

Approximately 245 of households in this neighborhood have a total annual income of $57,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,448 per month.

MINIMUM INCOME RANGE : $57,920

Income % Distribution
<$20K 15.8%
$20K-$35K 24.6%
$35K-$60K 24.0%
$60K-$100K 25.5%
>=$100K 10.1%
COMMUTE TIME DISTRIBUTION

53% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 32% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.8%
5-9 mins 2.3%
10-14 mins 11.6%
15-19 mins 5.7%
20-29 mins 13.2%
30-44 mins 34.6%
45-59 mins 14.6%
>60 mins 17.1%

Round Lake Beach-Sunset Demographics

INDUSTRY

Industry % Distribution
Administrative Support 14.8%
Arts & Entertainment 6.0%
Construction 6.5%
Health Care & Social Assistance 10.5%
Manufacturing 25.3%
Retail & Wholesale Trader 15.3%
Other 21.6%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 45% is 24 or younger and 7% is 65 or older.

Age % Distribution
<15 25.6%
15-19 11.3%
20-24 7.7%
25-44 29.3%
45-65 19.2%
66+ 6.9%
OCCUPATION

Occupation % Distribution
Adesm 5.3%
Clean 8.4%
Healthcare 8.0%
Natural Resources Maintenance 17.6%
Production & Transportation 30.2%
Sales & Office 21.5%
Other 8.9%
HIGHEST EDUCATION LEVEL

4% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 2.8%
High School 33.6%
Masters Degree 1.0%
Some College 23.6%
Some High School 35.0%
Other 4.0%

1321 Idlewild Dr Comps

Sorry, we do not have sufficient data available.

1321 Idlewild Dr, Round Lake Beach, IL 60073 is a single family home of 1,708 sqft. HomeUnion INVESTimateĀ® for 1321 Idlewild Dr includes a Price Estimate of $117,211 and a Rent Estimate of $1,448. This single family home has 0 bedrooms,1 bathrooms, and was built in 1971. This property has an estimated 15 year annualized Yield of 14.82% and Total Return of 23.61%. The estimated 1 year forecast in home value for 1321 Idlewild Dr 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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