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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

1750 Half Day Rd Bannockburn, IL 60015

0 Beds 4 Baths 5,029 sqft Built 1963
Last updated:  Jan 23, 2020

INVESTimate

$868,871

$830K - $907K

Price Est.

$4,448

$4.0K - $4.9K

Rent Est.

$880,688  ( +1.36%)   1 YR EST. FORECAST
  
  
  

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1750 Half Day Rd PROPERTY INFO

FACTS
  • Built In 1963
  • Price/Sqft : $172.77
CONSTRUCTION
  • Beds : 0
  • Floor Size : 5,029 sqft
  • Baths : 3 Full 1 Half

1750 Half Day Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BANNOCKBURN ELEMENTARY SCHOOL Primary Regular 168 18 9
BANNOCKBURN ELEMENTARY SCHOOL Middle Regular 168 18 9
DEERFIELD HIGH SCHOOL High Regular 1,645 111 10

BANNOCKBURN ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 168
  • # of teachers: 18
9
GreatSchools Rating

BANNOCKBURN ELEMENTARY SCHOOL

  • Education Level: Middle
  • # of students: 168
  • # of teachers: 18
9
GreatSchools Rating

DEERFIELD HIGH SCHOOL

  • Education Level: High
  • # of students: 1,645
  • # of teachers: 111
10
GreatSchools Rating
 

Financial Details

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Neighborhood

Bannockburn

  • 1,708

    POPULATION
  • 352

    HOUSEHOLDS
  • 84.0%

    WHITE COLLAR

Neighborhood : Bannockburn

HOUSEHOLDS
352
POPULATION

1,708

32.1%Renters
67.9%Home Owners
LABOR FORCE

 

84.0%White Collar
16.0%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 $4,448 per month.

MY RENT : $4,448 MEDIAN RENT : $5,709

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 $4,448 would therefore be considered affordable for annual household incomes greater than $177,920 (12 months x 3.333 x $4,448).

Rent % Affordability
Above $500 90.9%
Above $700 86.9%
Above $1,100 75.9%
Above $1,500 68.3%
Above $1,900 59.5%
HOUSEHOLD INCOME RANGE

Approximately 55 of households in this neighborhood have a total annual income of $177,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $4,448 per month.

MINIMUM INCOME RANGE : $177,920

Income % Distribution
<$20K 9.1%
$20K-$35K 7.6%
$35K-$60K 15.0%
$60K-$100K 14.4%
>=$100K 53.8%
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.

Time (mins) % Distribution
<5 mins 8.0%
5-9 mins 25.4%
10-14 mins 15.9%
15-19 mins 8.5%
20-29 mins 19.2%
30-44 mins 10.1%
45-59 mins 6.8%
>60 mins 6.0%
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 $4,448 per month.

MY RENT : $4,448 MEDIAN RENT : $5,709

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 $4,448 would therefore be considered affordable for annual household incomes greater than $177,920 (12 months x 3.333 x $4,448).

Rent % Affordability
Above $500 90.9%
Above $700 86.9%
Above $1,100 75.9%
Above $1,500 68.3%
Above $1,900 59.5%
HOUSEHOLD INCOME RANGE

Approximately 55 of households in this neighborhood have a total annual income of $177,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $4,448 per month.

MINIMUM INCOME RANGE : $177,920

Income % Distribution
<$20K 9.1%
$20K-$35K 7.6%
$35K-$60K 15.0%
$60K-$100K 14.4%
>=$100K 53.8%
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.

Time (mins) % Distribution
<5 mins 8.0%
5-9 mins 25.4%
10-14 mins 15.9%
15-19 mins 8.5%
20-29 mins 19.2%
30-44 mins 10.1%
45-59 mins 6.8%
>60 mins 6.0%

Bannockburn Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.4%
Educational Services 24.3%
Health Care & Social Assistance 8.1%
Manufacturing 7.0%
Professional & Scientific Tech Services 10.9%
Retail & Wholesale Trader 11.8%
Other 28.5%
AGE DISTRIBUTION

38% of the population is between the ages of 25 and 64, 53% is 24 or younger and 9% is 65 or older.

Age % Distribution
<15 12.5%
15-19 21.0%
20-24 19.4%
25-44 20.7%
45-65 17.0%
66+ 9.5%
OCCUPATION

Occupation % Distribution
Computer Engineering 4.2%
Healthcare 9.5%
Management, Business, & Financial 37.0%
Production & Transportation 4.8%
Sales & Office 31.2%
Social 3.4%
Other 9.8%
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 5.6%
High School 6.6%
Masters Degree 20.9%
Professional 12.0%
Some College 12.9%
Other 42.0%

1750 Half Day Rd Comps

Sorry, we do not have sufficient data available.

1750 Half Day Rd, Bannockburn, IL 60015 is a single family home of 5,029 sqft. HomeUnion INVESTimateĀ® for 1750 Half Day Rd includes a Price Estimate of $868,871 and a Rent Estimate of $4,448. This single family home has 0 bedrooms,4 bathrooms, and was built in 1963. This property has an estimated 15 year annualized Yield of 6.14% and Total Return of 11.10%. The estimated 1 year forecast in home value for 1750 Half Day Rd 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

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