OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
1360 Aitken Dr PROPERTY INFO
FACTS
- Built In 1964
- Price/Sqft : $192.38
CONSTRUCTION
- Beds : 0
- Floor Size : 4,214 sqft
- Baths : 2 Full 1 Half
1360 Aitken Dr SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
Bannockburn Park
Neighborhood : Bannockburn Park
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $4,273 per month.
MY RENT : $4,273 MEDIAN RENT : $4,180
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 $4,273 would therefore be considered affordable for annual household incomes greater than $170,920 (12 months x 3.333 x $4,273).
HOUSEHOLD INCOME RANGE
Approximately 8 of households in this neighborhood have a total annual income of $170,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $4,273 per month.
MINIMUM INCOME RANGE : $170,920
COMMUTE TIME DISTRIBUTION
38% of the working population has a commute time of 15 to 44 minutes, 49% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.
Bannockburn Park Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 9.5% |
Educational Services | 25.7% |
Health Care & Social Assistance | 8.1% |
Manufacturing | 6.8% |
Professional & Scientific Tech Services | 10.8% |
Retail & Wholesale Trader | 12.2% |
Other | 27.0% |
AGE DISTRIBUTION
37% of the population is between the ages of 25 and 64, 54% is 24 or younger and 9% is 65 or older.
Age | % Distribution |
---|---|
<15 | 12.4% |
15-19 | 21.3% |
20-24 | 20.1% |
25-44 | 20.7% |
45-65 | 16.6% |
66+ | 8.9% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 2.8% |
Healthcare | 11.1% |
Management, Business, & Financial | 38.9% |
Production & Transportation | 5.6% |
Sales & Office | 33.3% |
Social | 2.8% |
Other | 5.6% |
HIGHEST EDUCATION LEVEL
42% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 5.5% |
High School | 6.4% |
Masters Degree | 21.1% |
Professional | 12.8% |
Some College | 12.8% |
Other | 41.3% |
1360 Aitken Dr Comps
1360 Aitken Dr, Bannockburn, IL 60015 is a single family home of 4,214 sqft. HomeUnion INVESTimateĀ® for 1360 Aitken Dr includes a Price Estimate of $810,697 and a Rent Estimate of $4,273. This single family home has 0 bedrooms,3 bathrooms, and was built in 1964. This property has an estimated 15 year annualized Yield of 6.32% and Total Return of 9.82%. The estimated 1 year forecast in home value for 1360 Aitken Dr is 1.36%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , LAKE County , or the 60015 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2