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

1925 Half Day Rd Bannockburn, IL 60015

0 Beds 5 Baths 8,318 sqft Built 1992
Last updated:  Jan 23, 2020

INVESTimate

$1,348,825

$1.29M - $1.41M

Price Est.

$5,676

$5.1K - $6.3K

Rent Est.

$1,367,169  ( +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
  • 1092 Rebel Forest DRIVE Atlanta, GA
    • 3 beds 1 baths ∙ 960 Sqft ∙ Built 1990 3 beds 1 baths ∙ 960 Sqft ∙ Built 1990
    AVAILABLE
    • 14.18% GROSS YIELD
    • $10,195 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $110,000
    • $62,150
    • $1,300
  • 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

1925 Half Day Rd PROPERTY INFO

FACTS
  • Built In 1992
  • Price/Sqft : $162.16
CONSTRUCTION
  • Beds : 0
  • Floor Size : 8,318 sqft
  • Baths : 4 Full 1 Half

1925 Half Day Rd 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

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 $5,676 per month.

MY RENT : $5,676 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 $5,676 would therefore be considered affordable for annual household incomes greater than $227,040 (12 months x 3.333 x $5,676).

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 17 of households in this neighborhood have a total annual income of $227,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $5,676 per month.

MINIMUM INCOME RANGE : $227,040

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 $5,676 per month.

MY RENT : $5,676 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 $5,676 would therefore be considered affordable for annual household incomes greater than $227,040 (12 months x 3.333 x $5,676).

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 17 of households in this neighborhood have a total annual income of $227,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $5,676 per month.

MINIMUM INCOME RANGE : $227,040

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%

1925 Half Day Rd Comps

Sorry, we do not have sufficient data available.

1925 Half Day Rd, Bannockburn, IL 60015 is a single family home of 8,318 sqft. HomeUnion INVESTimateĀ® for 1925 Half Day Rd includes a Price Estimate of $1,348,825 and a Rent Estimate of $5,676. This single family home has 0 bedrooms,5 bathrooms, and was built in 1992. This property has an estimated 15 year annualized Yield of 5.05% and Total Return of 9.90%. The estimated 1 year forecast in home value for 1925 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

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Nearest zipcodes within 2 miles

  1. 60045
  2. 60069
  3. 60035