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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

15855 W Marie Ave Prairie View, IL 60069

0 Beds 4 Baths 3,030 sqft Built 2016
Last updated:  Jan 23, 2020

INVESTimate

$394,587

$377K - $412K

Price Est.

$2,520

$2.3K - $2.7K

Rent Est.

$389,260  ( -1.35%)   1 YR EST. FORECAST
  
  
  

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15855 W Marie Ave PROPERTY INFO

FACTS
  • Built In 2016
  • Price/Sqft : $130.23
CONSTRUCTION
  • Beds : 0
  • Floor Size : 3,030 sqft
  • Baths : 4 Full

15855 W Marie Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
MERIDIAN MIDDLE SCHOOL Primary Regular 451 33 10
MERIDIAN MIDDLE SCHOOL Middle Regular 451 33 10
ADLAI E. STEVENSON HIGH SCHOOL High Regular 4,031 250 10

MERIDIAN MIDDLE SCHOOL

  • Education Level: Primary
  • # of students: 451
  • # of teachers: 33
10
GreatSchools Rating

MERIDIAN MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 451
  • # of teachers: 33
10
GreatSchools Rating

ADLAI E. STEVENSON HIGH SCHOOL

  • Education Level: High
  • # of students: 4,031
  • # of teachers: 250
10
GreatSchools Rating
 

Financial Details

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Neighborhood

Horatio Gardens

  • 1,113

    POPULATION
  • 335

    HOUSEHOLDS
  • 79.5%

    WHITE COLLAR

Neighborhood : Horatio Gardens

HOUSEHOLDS
335
POPULATION

1,113

12.7%Renters
87.3%Home Owners
LABOR FORCE

 

79.5%White Collar
20.5%Blue Collar
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 $2,520 per month.

MY RENT : $2,520 MEDIAN RENT : $1,864

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $2,520 would therefore be considered affordable for annual household incomes greater than $100,800 (12 months x 3.333 x $2,520).

Rent % Affordability
Above $500 97.3%
Above $700 95.3%
Above $1,100 87.0%
Above $1,500 76.0%
Above $1,900 67.5%
HOUSEHOLD INCOME RANGE

Approximately 118 of households in this neighborhood have a total annual income of $100,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,520 per month.

MINIMUM INCOME RANGE : $100,800

Income % Distribution
<$20K 2.7%
$20K-$35K 4.8%
$35K-$60K 16.5%
$60K-$100K 16.5%
>=$100K 59.5%
COMMUTE TIME DISTRIBUTION

72% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 7.7%
10-14 mins 12.9%
15-19 mins 9.8%
20-29 mins 29.7%
30-44 mins 32.0%
45-59 mins 5.8%
>60 mins 2.1%
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 $2,520 per month.

MY RENT : $2,520 MEDIAN RENT : $1,864

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $2,520 would therefore be considered affordable for annual household incomes greater than $100,800 (12 months x 3.333 x $2,520).

Rent % Affordability
Above $500 97.3%
Above $700 95.3%
Above $1,100 87.0%
Above $1,500 76.0%
Above $1,900 67.5%
HOUSEHOLD INCOME RANGE

Approximately 118 of households in this neighborhood have a total annual income of $100,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,520 per month.

MINIMUM INCOME RANGE : $100,800

Income % Distribution
<$20K 2.7%
$20K-$35K 4.8%
$35K-$60K 16.5%
$60K-$100K 16.5%
>=$100K 59.5%
COMMUTE TIME DISTRIBUTION

72% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 7.7%
10-14 mins 12.9%
15-19 mins 9.8%
20-29 mins 29.7%
30-44 mins 32.0%
45-59 mins 5.8%
>60 mins 2.1%

Horatio Gardens Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 6.9%
Educational Services 6.7%
Health Care & Social Assistance 12.4%
Manufacturing 11.3%
Professional & Scientific Tech Services 11.8%
Retail & Wholesale Trader 21.1%
Other 29.8%
AGE DISTRIBUTION

57% of the population is between the ages of 25 and 64, 34% is 24 or younger and 9% is 65 or older.

Age % Distribution
<15 19.5%
15-19 6.4%
20-24 8.4%
25-44 26.3%
45-65 30.5%
66+ 9.0%
OCCUPATION

Occupation % Distribution
Computer Engineering 13.2%
Healthcare 7.1%
Management, Business, & Financial 33.1%
Natural Resources Maintenance 6.6%
Production & Transportation 8.5%
Sales & Office 23.3%
Other 8.1%
HIGHEST EDUCATION LEVEL

31% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 6.0%
High School 14.7%
Masters Degree 22.8%
Some College 14.3%
Some High School 2.8%
Other 39.3%

15855 W Marie Ave Comps

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15855 W Marie Ave, Prairie View, IL 60069 is a single family home of 3,030 sqft. HomeUnion INVESTimateĀ® for 15855 W Marie Ave includes a Price Estimate of $394,587 and a Rent Estimate of $2,520. This single family home has 0 bedrooms,4 bathrooms, and was built in 2016. This property has an estimated 15 year annualized Yield of 7.66% and Total Return of 11.82%. The estimated 1 year forecast in home value for 15855 W Marie Ave is -1.35%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , LAKE County , or the 60069 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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