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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

205 N Sparta St Wataga, IL 61488

0 Beds 0 Baths 759 sqft Built 1890
Last updated:  Jan 23, 2020

INVESTimate

$45,116

$41.7K - $48.5K

Price Est.

$749

640 - 858

Rent Est.

$45,224  ( +0.24%)   1 YR EST. FORECAST
  
  
  

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205 N Sparta St PROPERTY INFO

FACTS
  • Built In 1890
  • Price/Sqft : $59.44
CONSTRUCTION
  • Beds : 0
  • Floor Size : 759 sqft
  • Baths : 0 Full

205 N Sparta St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
R O W V A CENTRAL ELEMENTARY SCHOOL Primary Regular 192 13 9
R O W V A CENTRAL ELEMENTARY SCHOOL Middle Regular 192 13 9
R O W V A HIGH SCHOOL High Regular 232 19 10

R O W V A CENTRAL ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 192
  • # of teachers: 13
9
GreatSchools Rating

R O W V A CENTRAL ELEMENTARY SCHOOL

  • Education Level: Middle
  • # of students: 192
  • # of teachers: 13
9
GreatSchools Rating

R O W V A HIGH SCHOOL

  • Education Level: High
  • # of students: 232
  • # of teachers: 19
10
GreatSchools Rating
 

Financial Details

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Neighborhood

WATAGA

  • 972

    POPULATION
  • 447

    HOUSEHOLDS
  • 54.0%

    WHITE COLLAR

Neighborhood : WATAGA

HOUSEHOLDS
447
POPULATION

972

18.0%Renters
82.0%Home Owners
LABOR FORCE

 

54.0%White Collar
46.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 81% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $749 per month.

MY RENT : $749 MEDIAN RENT : $829

Rent % Distribution LEVEL
$500-699 0.2%
$700-899 77.0%
$900-999 13.6%
$1,000-1,499 9.2%
>=$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 $749 would therefore be considered affordable for annual household incomes greater than $29,960 (12 months x 3.333 x $749).

Rent % Affordability
Above $500 81.1%
Above $700 73.2%
Above $1,100 54.4%
Above $1,500 37.4%
Above $1,900 25.5%
HOUSEHOLD INCOME RANGE

Approximately 914 of households in this neighborhood have a total annual income of $29,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $749 per month.

MINIMUM INCOME RANGE : $29,960

Income % Distribution
<$20K 18.9%
$20K-$35K 15.3%
$35K-$60K 28.4%
$60K-$100K 25.7%
>=$100K 11.7%
COMMUTE TIME DISTRIBUTION

52% of the working population has a commute time of 15 to 44 minutes, 31% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.8%
5-9 mins 8.6%
10-14 mins 21.6%
15-19 mins 30.6%
20-29 mins 14.5%
30-44 mins 6.9%
45-59 mins 12.2%
>60 mins 4.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 81% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $749 per month.

MY RENT : $749 MEDIAN RENT : $829

Rent % Distribution
$500-699 0.2%
$700-899 77.0%
$900-999 13.6%
$1,000-1,499 9.2%
>=$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 $749 would therefore be considered affordable for annual household incomes greater than $29,960 (12 months x 3.333 x $749).

Rent % Affordability
Above $500 81.1%
Above $700 73.2%
Above $1,100 54.4%
Above $1,500 37.4%
Above $1,900 25.5%
HOUSEHOLD INCOME RANGE

Approximately 914 of households in this neighborhood have a total annual income of $29,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $749 per month.

MINIMUM INCOME RANGE : $29,960

Income % Distribution
<$20K 18.9%
$20K-$35K 15.3%
$35K-$60K 28.4%
$60K-$100K 25.7%
>=$100K 11.7%
COMMUTE TIME DISTRIBUTION

52% of the working population has a commute time of 15 to 44 minutes, 31% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.8%
5-9 mins 8.6%
10-14 mins 21.6%
15-19 mins 30.6%
20-29 mins 14.5%
30-44 mins 6.9%
45-59 mins 12.2%
>60 mins 4.8%

WATAGA Demographics

INDUSTRY

Industry % Distribution
Construction 7.8%
Health Care & Social Assistance 17.1%
Manufacturing 11.7%
Public Administration 5.6%
Retail & Wholesale Trader 25.1%
Transportation 14.8%
Other 17.9%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 25% is 24 or younger and 20% is 65 or older.

Age % Distribution
<15 15.4%
15-19 4.3%
20-24 5.7%
25-44 18.6%
45-65 36.2%
66+ 19.8%
OCCUPATION

Occupation % Distribution
Healthcare 9.1%
Management, Business, & Financial 12.7%
Natural Resources Maintenance 14.5%
Production & Transportation 20.4%
Protect 5.3%
Sales & Office 27.7%
Other 10.3%
HIGHEST EDUCATION LEVEL

14% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 12.5%
High School 42.7%
Masters Degree 1.8%
Some College 25.9%
Some High School 6.6%
Other 10.5%

205 N Sparta St Comps

Sorry, we do not have sufficient data available.

205 N Sparta St, Wataga, IL 61488 is a single family home of 759 sqft. HomeUnion INVESTimateĀ® for 205 N Sparta St includes a Price Estimate of $45,116 and a Rent Estimate of $749. This single family home has 0 bedrooms,0 bathrooms, and was built in 1890. This property has an estimated 15 year annualized Yield of 19.92% and Total Return of 25.06%. The estimated 1 year forecast in home value for 205 N Sparta St is 0.24%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , KNOX County , or the 61488 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 61401