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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

2022 Westview Ln Round Lake Beach, IL 60073

0 Beds 3 Baths 1,486 sqft Built 1988
Last updated:  Jan 23, 2020

INVESTimate

$120,772

$118K - $124K

Price Est.

$1,386

$1.3K - $1.5K

Rent Est.

$126,666  ( +4.88%)   1 YR EST. FORECAST
  
  
  

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2022 Westview Ln PROPERTY INFO

FACTS
  • Built In 1988
  • Price/Sqft : $81.27
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,486 sqft
  • Baths : 2 Full 1 Half

2022 Westview Ln SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
INDIAN HILL ELEMENTARY SCHOOL Primary Regular 586 28 2
ROUND LAKE MIDDLE SCHOOL Middle Regular 969 55 3
ROUND LAKE HIGH SCHOOL High Regular 1,927 115 3

INDIAN HILL ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 586
  • # of teachers: 28
2
GreatSchools Rating

ROUND LAKE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 969
  • # of teachers: 55
3
GreatSchools Rating

ROUND LAKE HIGH SCHOOL

  • Education Level: High
  • # of students: 1,927
  • # of teachers: 115
3
GreatSchools Rating
 

Financial Details

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Neighborhood

Countryside Hills

  • 613

    POPULATION
  • 223

    HOUSEHOLDS
  • 49.8%

    WHITE COLLAR

Neighborhood : Countryside Hills

HOUSEHOLDS
223
POPULATION

613

44.1%Renters
55.9%Home Owners
LABOR FORCE

 

49.8%White Collar
50.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 6% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,386 per month.

MY RENT : $1,386 MEDIAN RENT : $990

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 73.3%
$1,000-1,499 26.7%
>=$1,500 0.0%
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 $1,386 would therefore be considered affordable for annual household incomes greater than $55,440 (12 months x 3.333 x $1,386).

Rent % Affordability
Above $500 77.1%
Above $700 64.2%
Above $1,100 47.8%
Above $1,500 38.1%
Above $1,900 29.3%
HOUSEHOLD INCOME RANGE

Approximately 89 of households in this neighborhood have a total annual income of $55,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,386 per month.

MINIMUM INCOME RANGE : $55,440

Income % Distribution
<$20K 22.9%
$20K-$35K 15.2%
$35K-$60K 23.8%
$60K-$100K 17.0%
>=$100K 21.1%
COMMUTE TIME DISTRIBUTION

53% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 27% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.0%
5-9 mins 4.9%
10-14 mins 12.2%
15-19 mins 6.8%
20-29 mins 14.1%
30-44 mins 32.3%
45-59 mins 16.0%
>60 mins 10.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 6% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,386 per month.

MY RENT : $1,386 MEDIAN RENT : $990

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 73.3%
$1,000-1,499 26.7%
>=$1,500 0.0%
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 $1,386 would therefore be considered affordable for annual household incomes greater than $55,440 (12 months x 3.333 x $1,386).

Rent % Affordability
Above $500 77.1%
Above $700 64.2%
Above $1,100 47.8%
Above $1,500 38.1%
Above $1,900 29.3%
HOUSEHOLD INCOME RANGE

Approximately 89 of households in this neighborhood have a total annual income of $55,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,386 per month.

MINIMUM INCOME RANGE : $55,440

Income % Distribution
<$20K 22.9%
$20K-$35K 15.2%
$35K-$60K 23.8%
$60K-$100K 17.0%
>=$100K 21.1%
COMMUTE TIME DISTRIBUTION

53% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 27% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.0%
5-9 mins 4.9%
10-14 mins 12.2%
15-19 mins 6.8%
20-29 mins 14.1%
30-44 mins 32.3%
45-59 mins 16.0%
>60 mins 10.6%

Countryside Hills Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 15.5%
Construction 11.5%
Educational Services 4.7%
Health Care & Social Assistance 8.8%
Manufacturing 20.3%
Retail & Wholesale Trader 19.3%
Other 19.9%
AGE DISTRIBUTION

57% of the population is between the ages of 25 and 64, 38% is 24 or younger and 6% is 65 or older.

Age % Distribution
<15 23.3%
15-19 6.4%
20-24 7.8%
25-44 31.8%
45-65 24.8%
66+ 5.9%
OCCUPATION

Occupation % Distribution
Clean 7.1%
Healthcare 12.2%
Management, Business, & Financial 11.2%
Natural Resources Maintenance 6.1%
Production & Transportation 23.4%
Sales & Office 20.3%
Other 19.8%
HIGHEST EDUCATION LEVEL

8% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.3%
High School 36.3%
Masters Degree 1.0%
Some College 25.8%
Some High School 18.0%
Other 11.5%

2022 Westview Ln Comps

Sorry, we do not have sufficient data available.

2022 Westview Ln, Round Lake Beach, IL 60073 is a single family home of 1,486 sqft. HomeUnion INVESTimateĀ® for 2022 Westview Ln includes a Price Estimate of $120,772 and a Rent Estimate of $1,386. This single family home has 0 bedrooms,3 bathrooms, and was built in 1988. This property has an estimated 15 year annualized Yield of 13.77% and Total Return of 25.22%. The estimated 1 year forecast in home value for 2022 Westview Ln is 4.88%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , LAKE County , or the 60073 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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