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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

2020 Fairfax Rd Saint Charles, IL 60174

4 Beds 3 Baths 2,120 sqft Built 1987
Last updated:  Nov 28, 2019

INVESTimate

$350,553

$316K - $385K

Price Est.

$2,115

$2.0K - $2.3K

Rent Est.

$358,405  ( +2.24%)   1 YR EST. FORECAST
  
  
  

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2020 Fairfax Rd PROPERTY INFO

FACTS
  • Built In 1987
  • Price/Sqft : $165.36
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,120 sqft
  • Baths : 2 Full 1 Half

2020 Fairfax Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
MUNHALL ELEMENTARY SCHOOL Primary Regular 493 27 8
WREDLING MIDDLE SCHOOL Middle Regular 1,271 81 9
ST. CHARLES EAST HIGH SCHOOL High Regular 2,335 155 10

MUNHALL ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 493
  • # of teachers: 27
8
GreatSchools Rating

WREDLING MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,271
  • # of teachers: 81
9
GreatSchools Rating

ST. CHARLES EAST HIGH SCHOOL

  • Education Level: High
  • # of students: 2,335
  • # of teachers: 155
10
GreatSchools Rating
 

Financial Details

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Neighborhood

SAINT CHARLES

  • 32,592

    POPULATION
  • 12,790

    HOUSEHOLDS
  • 75.8%

    WHITE COLLAR

Neighborhood : SAINT CHARLES

HOUSEHOLDS
12,790
POPULATION

32,592

28.3%Renters
71.7%Home Owners
LABOR FORCE

 

75.8%White Collar
24.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 93% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,115 per month.

MY RENT : $2,115 MEDIAN RENT : $1,711

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 7.2%
>=$1,500 92.7%
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 $2,115 would therefore be considered affordable for annual household incomes greater than $84,600 (12 months x 3.333 x $2,115).

Rent % Affordability
Above $500 91.6%
Above $700 86.7%
Above $1,100 75.1%
Above $1,500 63.7%
Above $1,900 55.2%
HOUSEHOLD INCOME RANGE

Approximately 5,926 of households in this neighborhood have a total annual income of $84,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,115 per month.

MINIMUM INCOME RANGE : $84,600

Income % Distribution
<$20K 8.4%
$20K-$35K 9.8%
$35K-$60K 18.1%
$60K-$100K 20.6%
>=$100K 43.2%
COMMUTE TIME DISTRIBUTION

49% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 25% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.7%
5-9 mins 11.3%
10-14 mins 12.4%
15-19 mins 14.2%
20-29 mins 15.2%
30-44 mins 19.3%
45-59 mins 10.3%
>60 mins 14.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 93% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,115 per month.

MY RENT : $2,115 MEDIAN RENT : $1,711

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 7.2%
>=$1,500 92.7%
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 $2,115 would therefore be considered affordable for annual household incomes greater than $84,600 (12 months x 3.333 x $2,115).

Rent % Affordability
Above $500 91.6%
Above $700 86.7%
Above $1,100 75.1%
Above $1,500 63.7%
Above $1,900 55.2%
HOUSEHOLD INCOME RANGE

Approximately 5,926 of households in this neighborhood have a total annual income of $84,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,115 per month.

MINIMUM INCOME RANGE : $84,600

Income % Distribution
<$20K 8.4%
$20K-$35K 9.8%
$35K-$60K 18.1%
$60K-$100K 20.6%
>=$100K 43.2%
COMMUTE TIME DISTRIBUTION

49% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 25% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.7%
5-9 mins 11.3%
10-14 mins 12.4%
15-19 mins 14.2%
20-29 mins 15.2%
30-44 mins 19.3%
45-59 mins 10.3%
>60 mins 14.6%

SAINT CHARLES Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.6%
Educational Services 10.1%
Health Care & Social Assistance 10.7%
Manufacturing 16.2%
Professional & Scientific Tech Services 9.2%
Retail & Wholesale Trader 13.6%
Other 31.6%
AGE DISTRIBUTION

54% of the population is between the ages of 25 and 64, 30% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 17.4%
15-19 6.8%
20-24 5.5%
25-44 22.6%
45-65 31.0%
66+ 16.7%
OCCUPATION

Occupation % Distribution
Computer Engineering 8.5%
Healthcare 5.7%
Management, Business, & Financial 26.3%
Natural Resources Maintenance 6.1%
Production & Transportation 10.2%
Sales & Office 25.5%
Other 17.6%
HIGHEST EDUCATION LEVEL

23% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 6.8%
High School 19.8%
Masters Degree 12.6%
Some College 22.4%
Some High School 7.0%
Other 31.4%

2020 Fairfax Rd Comps

Sorry, we do not have sufficient data available.

2020 Fairfax Rd, Saint Charles, IL 60174 is a single family home of 2,120 sqft. HomeUnion INVESTimateĀ® for 2020 Fairfax Rd includes a Price Estimate of $350,553 and a Rent Estimate of $2,115. This single family home has 4 bedrooms,3 bathrooms, and was built in 1987. This property has an estimated 15 year annualized Yield of 7.24% and Total Return of 11.39%. The estimated 1 year forecast in home value for 2020 Fairfax Rd is 2.24%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , KANE County , or the 60174 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 60184
  2. 60185
  3. 60175
  4. 60134