Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

1841 Hilltop Ln Bannockburn, IL 60015

0 Beds 3 Baths 3,174 sqft Built 1971
Last updated:  Jan 23, 2020

INVESTimate

$896,067

$860K - $932K

Price Est.

$3,407

$3.1K - $3.8K

Rent Est.

$908,254  ( +1.36%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL PARKWAY #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 ∙ 1units 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 ∙ 1units
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,795 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 12448 ROYAL LAKE DRIVE Conroe, TX
    • 3 beds 2 baths ∙ 1,300 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,300 Sqft ∙ Built 1993
    AVAILABLE
    • 13.18% GROSS YIELD
    • $7,391 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $111,995
    • $35,429
    • $1,230
  • 3003 POE DRIVE Montgomery, TX
    • 4 beds 3 baths ∙ 2,577 Sqft ∙ Built 1980 4 beds 3 baths ∙ 2,577 Sqft ∙ Built 1980
    AVAILABLE
    • 13.15% GROSS YIELD
    • $16,135 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $230,000
    • $66,700
    • $2,520

1841 Hilltop Ln PROPERTY INFO

FACTS
  • Built In 1971
  • Price/Sqft : $282.31
CONSTRUCTION
  • Beds : 0
  • Floor Size : 3,174 sqft
  • Baths : 2 Full 1 Half

1841 Hilltop Ln SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
DEERFIELD HIGH SCHOOL High Regular 1,645 111 10

DEERFIELD HIGH SCHOOL

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

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

High Terrace

  • 170

    POPULATION
  • 47

    HOUSEHOLDS
  • 83.5%

    WHITE COLLAR

Neighborhood : High Terrace

HOUSEHOLDS
47
POPULATION

170

34.0%Renters
66.0%Home Owners
LABOR FORCE

 

83.5%White Collar
16.5%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 $3,407 per month.

MY RENT : $3,407 MEDIAN RENT : $4,081

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 $3,407 would therefore be considered affordable for annual household incomes greater than $136,280 (12 months x 3.333 x $3,407).

Rent % Affordability
Above $500 93.6%
Above $700 89.4%
Above $1,100 75.3%
Above $1,500 68.1%
Above $1,900 59.3%
HOUSEHOLD INCOME RANGE

Approximately 11 of households in this neighborhood have a total annual income of $136,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,407 per month.

MINIMUM INCOME RANGE : $136,280

Income % Distribution
<$20K 6.4%
$20K-$35K 8.5%
$35K-$60K 17.0%
$60K-$100K 14.9%
>=$100K 53.2%
COMMUTE TIME DISTRIBUTION

38% of the working population has a commute time of 15 to 44 minutes, 50% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.8%
5-9 mins 26.6%
10-14 mins 15.6%
15-19 mins 7.8%
20-29 mins 20.3%
30-44 mins 9.4%
45-59 mins 6.2%
>60 mins 6.2%
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 $3,407 per month.

MY RENT : $3,407 MEDIAN RENT : $4,081

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 $3,407 would therefore be considered affordable for annual household incomes greater than $136,280 (12 months x 3.333 x $3,407).

Rent % Affordability
Above $500 93.6%
Above $700 89.4%
Above $1,100 75.3%
Above $1,500 68.1%
Above $1,900 59.3%
HOUSEHOLD INCOME RANGE

Approximately 11 of households in this neighborhood have a total annual income of $136,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,407 per month.

MINIMUM INCOME RANGE : $136,280

Income % Distribution
<$20K 6.4%
$20K-$35K 8.5%
$35K-$60K 17.0%
$60K-$100K 14.9%
>=$100K 53.2%
COMMUTE TIME DISTRIBUTION

38% of the working population has a commute time of 15 to 44 minutes, 50% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.8%
5-9 mins 26.6%
10-14 mins 15.6%
15-19 mins 7.8%
20-29 mins 20.3%
30-44 mins 9.4%
45-59 mins 6.2%
>60 mins 6.2%

High Terrace Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.3%
Educational Services 25.3%
Health Care & Social Assistance 8.0%
Manufacturing 6.7%
Professional & Scientific Tech Services 10.7%
Retail & Wholesale Trader 12.0%
Other 28.0%
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 21.8%
20-24 20.0%
25-44 20.6%
45-65 16.5%
66+ 8.8%
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 5.7%
High School 6.6%
Masters Degree 20.8%
Professional 12.3%
Some College 13.2%
Other 41.5%

1841 Hilltop Ln Comps

Sorry, we do not have sufficient data available.

1841 Hilltop Ln, Bannockburn, IL 60015 is a single family home of 3,174 sqft. HomeUnion INVESTimateĀ® for 1841 Hilltop Ln includes a Price Estimate of $896,067 and a Rent Estimate of $3,407. This single family home has 0 bedrooms,3 bathrooms, and was built in 1971. This property has an estimated 15 year annualized Yield of 4.56% and Total Return of 3.73%. The estimated 1 year forecast in home value for 1841 Hilltop Ln 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

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Nearest zipcodes within 2 miles

  1. 60045
  2. 60069
  3. 60035