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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

1517 Woodridge Dr Round Lake Beach, IL 60073

3 Beds 2 Baths 950 sqft Built 1975
Last updated:  Jan 23, 2020

INVESTimate

$149,938

$146K - $154K

Price Est.

$1,230

$1.2K - $1.3K

Rent Est.

$157,255  ( +4.88%)   1 YR EST. FORECAST
  
  
  

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1517 Woodridge Dr PROPERTY INFO

FACTS
  • Built In 1975
  • Price/Sqft : $157.83
CONSTRUCTION
  • Beds : 3
  • Floor Size : 950 sqft
  • Baths : 1 Full 1 Half

1517 Woodridge Dr 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

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Neighborhood

Round Lake Beach-Greenview

  • 1,061

    POPULATION
  • 270

    HOUSEHOLDS
  • 48.0%

    WHITE COLLAR

Neighborhood : Round Lake Beach-Greenview

HOUSEHOLDS
270
POPULATION

1,061

20.9%Renters
79.1%Home Owners
LABOR FORCE

 

48.0%White Collar
52.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 35% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,230 per month.

MY RENT : $1,230 MEDIAN RENT : $1,158

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 11.2%
$900-999 27.7%
$1,000-1,499 57.6%
>=$1,500 3.4%
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 $1,230 would therefore be considered affordable for annual household incomes greater than $49,200 (12 months x 3.333 x $1,230).

Rent % Affordability
Above $500 90.0%
Above $700 84.8%
Above $1,100 61.8%
Above $1,500 39.3%
Above $1,900 29.3%
HOUSEHOLD INCOME RANGE

Approximately 122 of households in this neighborhood have a total annual income of $49,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,230 per month.

MINIMUM INCOME RANGE : $49,200

Income % Distribution
<$20K 10.0%
$20K-$35K 18.1%
$35K-$60K 32.6%
$60K-$100K 27.4%
>=$100K 11.9%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 17% 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 0.0%
5-9 mins 16.7%
10-14 mins 0.0%
15-19 mins 7.1%
20-29 mins 25.5%
30-44 mins 30.7%
45-59 mins 7.4%
>60 mins 12.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 35% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,230 per month.

MY RENT : $1,230 MEDIAN RENT : $1,158

Rent % Distribution
$500-699 0.0%
$700-899 11.2%
$900-999 27.7%
$1,000-1,499 57.6%
>=$1,500 3.4%
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 $1,230 would therefore be considered affordable for annual household incomes greater than $49,200 (12 months x 3.333 x $1,230).

Rent % Affordability
Above $500 90.0%
Above $700 84.8%
Above $1,100 61.8%
Above $1,500 39.3%
Above $1,900 29.3%
HOUSEHOLD INCOME RANGE

Approximately 122 of households in this neighborhood have a total annual income of $49,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,230 per month.

MINIMUM INCOME RANGE : $49,200

Income % Distribution
<$20K 10.0%
$20K-$35K 18.1%
$35K-$60K 32.6%
$60K-$100K 27.4%
>=$100K 11.9%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 17% 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 0.0%
5-9 mins 16.7%
10-14 mins 0.0%
15-19 mins 7.1%
20-29 mins 25.5%
30-44 mins 30.7%
45-59 mins 7.4%
>60 mins 12.6%

Round Lake Beach-Greenview Demographics

INDUSTRY

Industry % Distribution
Administrative Support 23.9%
Arts & Entertainment 11.7%
Educational Services 6.8%
Health Care & Social Assistance 6.2%
Manufacturing 21.5%
Retail & Wholesale Trader 20.1%
Other 9.7%
AGE DISTRIBUTION

58% of the population is between the ages of 25 and 64, 36% is 24 or younger and 6% is 65 or older.

Age % Distribution
<15 20.1%
15-19 9.4%
20-24 6.6%
25-44 32.2%
45-65 25.4%
66+ 6.3%
OCCUPATION

Occupation % Distribution
Clean 8.6%
Education 4.9%
Healthcare 5.2%
Management, Business, & Financial 8.2%
Production & Transportation 35.4%
Sales & Office 22.8%
Other 14.9%
HIGHEST EDUCATION LEVEL

8% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 6.1%
High School 35.5%
Masters Degree 2.3%
Some College 18.4%
Some High School 33.4%
Other 4.3%

1517 Woodridge Dr Comps

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1517 Woodridge Dr, Round Lake Beach, IL 60073 is a single family home of 950 sqft. HomeUnion INVESTimateĀ® for 1517 Woodridge Dr includes a Price Estimate of $149,938 and a Rent Estimate of $1,230. This single family home has 3 bedrooms,2 bathrooms, and was built in 1975. This property has an estimated 15 year annualized Yield of 9.84% and Total Return of 15.95%. The estimated 1 year forecast in home value for 1517 Woodridge 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

Nearest zipcodes within 2 miles

  1. 60041
  2. 60046