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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

18683 W Heather Ct Grayslake, IL 60030

0 Beds 3 Baths 1,836 sqft Built 1990
Last updated:  Jan 23, 2020

INVESTimate

$259,001

$250K - $268K

Price Est.

$2,011

$1.8K - $2.2K

Rent Est.

$274,904  ( +6.14%)   1 YR EST. FORECAST
  
  
  

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18683 W Heather Ct PROPERTY INFO

FACTS
  • Built In 1990
  • Price/Sqft : $141.07
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,836 sqft
  • Baths : 2 Full 1 Half

18683 W Heather Ct SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
WOODLAND ELEMENTARY EAST SCHOOL Primary Regular 2,034 143 6
WOODLAND MIDDLE SCHOOL Middle Regular 2,336 148 6
WARREN TOWNSHIP HIGH SCHOOL High Regular 4,442 251 8

WOODLAND ELEMENTARY EAST SCHOOL

  • Education Level: Primary
  • # of students: 2,034
  • # of teachers: 143
6
GreatSchools Rating

WOODLAND MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 2,336
  • # of teachers: 148
6
GreatSchools Rating

WARREN TOWNSHIP HIGH SCHOOL

  • Education Level: High
  • # of students: 4,442
  • # of teachers: 251
8
GreatSchools Rating
 

Financial Details

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Neighborhood

Tangueray Meadows

  • 1,601

    POPULATION
  • 509

    HOUSEHOLDS
  • 86.3%

    WHITE COLLAR

Neighborhood : Tangueray Meadows

HOUSEHOLDS
509
POPULATION

1,601

5.6%Renters
94.4%Home Owners
LABOR FORCE

 

86.3%White Collar
13.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 76% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,011 per month.

MY RENT : $2,011 MEDIAN RENT : $2,276

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 24.0%
>=$1,500 76.0%
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 $2,011 would therefore be considered affordable for annual household incomes greater than $80,440 (12 months x 3.333 x $2,011).

Rent % Affordability
Above $500 98.6%
Above $700 96.1%
Above $1,100 94.0%
Above $1,500 89.3%
Above $1,900 87.6%
HOUSEHOLD INCOME RANGE

Approximately 394 of households in this neighborhood have a total annual income of $80,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,011 per month.

MINIMUM INCOME RANGE : $80,440

Income % Distribution
<$20K 1.4%
$20K-$35K 2.6%
$35K-$60K 6.7%
$60K-$100K 14.4%
>=$100K 75.0%
COMMUTE TIME DISTRIBUTION

69% of the working population has a commute time of 15 to 44 minutes, 9% has a commute time of 14 minutes or less and 23% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.9%
5-9 mins 1.1%
10-14 mins 6.7%
15-19 mins 6.4%
20-29 mins 33.7%
30-44 mins 28.5%
45-59 mins 13.1%
>60 mins 9.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 76% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,011 per month.

MY RENT : $2,011 MEDIAN RENT : $2,276

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 24.0%
>=$1,500 76.0%
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 $2,011 would therefore be considered affordable for annual household incomes greater than $80,440 (12 months x 3.333 x $2,011).

Rent % Affordability
Above $500 98.6%
Above $700 96.1%
Above $1,100 94.0%
Above $1,500 89.3%
Above $1,900 87.6%
HOUSEHOLD INCOME RANGE

Approximately 394 of households in this neighborhood have a total annual income of $80,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,011 per month.

MINIMUM INCOME RANGE : $80,440

Income % Distribution
<$20K 1.4%
$20K-$35K 2.6%
$35K-$60K 6.7%
$60K-$100K 14.4%
>=$100K 75.0%
COMMUTE TIME DISTRIBUTION

69% of the working population has a commute time of 15 to 44 minutes, 9% has a commute time of 14 minutes or less and 23% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.9%
5-9 mins 1.1%
10-14 mins 6.7%
15-19 mins 6.4%
20-29 mins 33.7%
30-44 mins 28.5%
45-59 mins 13.1%
>60 mins 9.6%

Tangueray Meadows Demographics

INDUSTRY

Industry % Distribution
Educational Services 10.1%
Financial Industries 5.4%
Health Care & Social Assistance 13.9%
Manufacturing 17.4%
Professional & Scientific Tech Services 11.5%
Retail & Wholesale Trader 20.0%
Other 21.6%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 34% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 24.0%
15-19 2.4%
20-24 7.2%
25-44 15.4%
45-65 37.0%
66+ 14.1%
OCCUPATION

Occupation % Distribution
Computer Engineering 8.0%
Construction 7.0%
Healthcare 4.9%
Management, Business, & Financial 52.5%
Production & Transportation 6.5%
Sales & Office 14.5%
Other 6.6%
HIGHEST EDUCATION LEVEL

34% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 6.3%
Doctorate 6.1%
High School 8.8%
Masters Degree 19.9%
Some College 21.0%
Other 37.9%

18683 W Heather Ct Comps

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18683 W Heather Ct, Grayslake, IL 60030 is a single family home of 1,836 sqft. HomeUnion INVESTimateĀ® for 18683 W Heather Ct includes a Price Estimate of $259,001 and a Rent Estimate of $2,011. This single family home has 0 bedrooms,3 bathrooms, and was built in 1990. This property has an estimated 15 year annualized Yield of 9.32% and Total Return of 22.22%. The estimated 1 year forecast in home value for 18683 W Heather Ct is 6.14%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , LAKE County , or the 60030 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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