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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

20328 N Weiland Rd Prairie View, IL 60069

0 Beds 1 Baths 1,204 sqft Built 1954
Last updated:  Jan 23, 2020

INVESTimate

$313,996

$304K - $324K

Price Est.

$1,644

$1.3K - $2.0K

Rent Est.

$324,766  ( +3.43%)   1 YR EST. FORECAST
  
  
  

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20328 N Weiland Rd PROPERTY INFO

FACTS
  • Built In 1954
  • Price/Sqft : $260.79
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,204 sqft
  • Baths : 1 Full

20328 N Weiland Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
MERIDIAN MIDDLE SCHOOL Primary Regular 451 33 10
MERIDIAN MIDDLE SCHOOL Middle Regular 451 33 10
ADLAI E. STEVENSON HIGH SCHOOL High Regular 4,031 250 10

MERIDIAN MIDDLE SCHOOL

  • Education Level: Primary
  • # of students: 451
  • # of teachers: 33
10
GreatSchools Rating

MERIDIAN MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 451
  • # of teachers: 33
10
GreatSchools Rating

ADLAI E. STEVENSON HIGH SCHOOL

  • Education Level: High
  • # of students: 4,031
  • # of teachers: 250
10
GreatSchools Rating
 

Financial Details

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Neighborhood

LINCOLNSHIRE

  • 8,072

    POPULATION
  • 3,219

    HOUSEHOLDS
  • 89.2%

    WHITE COLLAR

Neighborhood : LINCOLNSHIRE

HOUSEHOLDS
3,219
POPULATION

8,072

18.9%Renters
81.1%Home Owners
LABOR FORCE

 

89.2%White Collar
10.8%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 $1,644 per month.

MY RENT : $1,644 MEDIAN RENT : $2,902

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 $1,644 would therefore be considered affordable for annual household incomes greater than $65,760 (12 months x 3.333 x $1,644).

Rent % Affordability
Above $500 91.9%
Above $700 88.6%
Above $1,100 81.2%
Above $1,500 76.0%
Above $1,900 67.5%
HOUSEHOLD INCOME RANGE

Approximately 2,051 of households in this neighborhood have a total annual income of $65,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,644 per month.

MINIMUM INCOME RANGE : $65,760

Income % Distribution
<$20K 8.1%
$20K-$35K 6.4%
$35K-$60K 9.5%
$60K-$100K 18.7%
>=$100K 57.3%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 22% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.5%
5-9 mins 6.2%
10-14 mins 12.2%
15-19 mins 16.8%
20-29 mins 19.6%
30-44 mins 22.6%
45-59 mins 8.9%
>60 mins 13.2%
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 $1,644 per month.

MY RENT : $1,644 MEDIAN RENT : $2,902

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 $1,644 would therefore be considered affordable for annual household incomes greater than $65,760 (12 months x 3.333 x $1,644).

Rent % Affordability
Above $500 91.9%
Above $700 88.6%
Above $1,100 81.2%
Above $1,500 76.0%
Above $1,900 67.5%
HOUSEHOLD INCOME RANGE

Approximately 2,051 of households in this neighborhood have a total annual income of $65,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,644 per month.

MINIMUM INCOME RANGE : $65,760

Income % Distribution
<$20K 8.1%
$20K-$35K 6.4%
$35K-$60K 9.5%
$60K-$100K 18.7%
>=$100K 57.3%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 22% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.5%
5-9 mins 6.2%
10-14 mins 12.2%
15-19 mins 16.8%
20-29 mins 19.6%
30-44 mins 22.6%
45-59 mins 8.9%
>60 mins 13.2%

LINCOLNSHIRE Demographics

INDUSTRY

Industry % Distribution
Educational Services 7.9%
Financial Industries 11.0%
Health Care & Social Assistance 10.1%
Manufacturing 15.5%
Professional & Scientific Tech Services 14.2%
Retail & Wholesale Trader 17.2%
Other 24.2%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 30% is 24 or younger and 24% is 65 or older.

Age % Distribution
<15 18.2%
15-19 6.6%
20-24 5.4%
25-44 16.2%
45-65 29.9%
66+ 23.8%
OCCUPATION

Occupation % Distribution
Computer Engineering 13.3%
Construction 2.5%
Healthcare 6.7%
Management, Business, & Financial 37.8%
Production & Transportation 3.8%
Sales & Office 25.0%
Other 10.9%
HIGHEST EDUCATION LEVEL

38% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 4.1%
High School 9.7%
Masters Degree 25.2%
Professional 6.1%
Some College 13.6%
Other 41.2%

20328 N Weiland Rd Comps

Sorry, we do not have sufficient data available.

20328 N Weiland Rd, Prairie View, IL 60069 is a single family home of 1,204 sqft. HomeUnion INVESTimateĀ® for 20328 N Weiland Rd includes a Price Estimate of $313,996 and a Rent Estimate of $1,644. This single family home has 0 bedrooms,1 bathrooms, and was built in 1954. This property has an estimated 15 year annualized Yield of 6.28% and Total Return of 10.37%. The estimated 1 year forecast in home value for 20328 N Weiland Rd is 3.43%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , LAKE County , or the 60069 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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