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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

2075 Wheeler Rd Kirkland, IL 60146

3 Beds 2 Baths 2,000 sqft Built 2005
Last updated:  Dec 26, 2019

INVESTimate

$330,061

$296K - $364K

Price Est.

$1,648

$1.5K - $1.8K

Rent Est.

$343,924  ( +4.2%)   1 YR EST. FORECAST
  
  
  

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2075 Wheeler Rd PROPERTY INFO

FACTS
  • Built In 2005
  • Price/Sqft : $165.03
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,000 sqft
  • Baths : 1 Full 1 Half

2075 Wheeler Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
HIAWATHA ELEMENTARY SCHOOL Primary Regular 439 17 6
HIAWATHA ELEMENTARY SCHOOL Middle Regular 439 17 6
HIAWATHA HIGH SCHOOL High Regular 162 19 7

HIAWATHA ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 439
  • # of teachers: 17
6
GreatSchools Rating

HIAWATHA ELEMENTARY SCHOOL

  • Education Level: Middle
  • # of students: 439
  • # of teachers: 17
6
GreatSchools Rating

HIAWATHA HIGH SCHOOL

  • Education Level: High
  • # of students: 162
  • # of teachers: 19
7
GreatSchools Rating
 

Financial Details

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Neighborhood

KIRKLAND

  • 2,540

    POPULATION
  • 945

    HOUSEHOLDS
  • 45.8%

    WHITE COLLAR

Neighborhood : KIRKLAND

HOUSEHOLDS
945
POPULATION

2,540

25.0%Renters
75.0%Home Owners
LABOR FORCE

 

45.8%White Collar
54.2%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 $1,648 per month.

MY RENT : $1,648 MEDIAN RENT : $1,148

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 1.0%
$1,000-1,499 93.0%
>=$1,500 6.1%
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 $1,648 would therefore be considered affordable for annual household incomes greater than $65,920 (12 months x 3.333 x $1,648).

Rent % Affordability
Above $500 91.0%
Above $700 77.9%
Above $1,100 66.1%
Above $1,500 54.0%
Above $1,900 39.4%
HOUSEHOLD INCOME RANGE

Approximately 353 of households in this neighborhood have a total annual income of $65,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,648 per month.

MINIMUM INCOME RANGE : $65,920

Income % Distribution
<$20K 9.0%
$20K-$35K 19.3%
$35K-$60K 17.7%
$60K-$100K 25.2%
>=$100K 28.8%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 29% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.0%
5-9 mins 6.8%
10-14 mins 4.5%
15-19 mins 6.6%
20-29 mins 28.3%
30-44 mins 20.6%
45-59 mins 11.4%
>60 mins 17.9%
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 $1,648 per month.

MY RENT : $1,648 MEDIAN RENT : $1,148

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 1.0%
$1,000-1,499 93.0%
>=$1,500 6.1%
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 $1,648 would therefore be considered affordable for annual household incomes greater than $65,920 (12 months x 3.333 x $1,648).

Rent % Affordability
Above $500 91.0%
Above $700 77.9%
Above $1,100 66.1%
Above $1,500 54.0%
Above $1,900 39.4%
HOUSEHOLD INCOME RANGE

Approximately 353 of households in this neighborhood have a total annual income of $65,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,648 per month.

MINIMUM INCOME RANGE : $65,920

Income % Distribution
<$20K 9.0%
$20K-$35K 19.3%
$35K-$60K 17.7%
$60K-$100K 25.2%
>=$100K 28.8%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 29% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.0%
5-9 mins 6.8%
10-14 mins 4.5%
15-19 mins 6.6%
20-29 mins 28.3%
30-44 mins 20.6%
45-59 mins 11.4%
>60 mins 17.9%

KIRKLAND Demographics

INDUSTRY

Industry % Distribution
Construction 8.5%
Educational Services 9.7%
Health Care & Social Assistance 9.8%
Manufacturing 17.1%
Retail & Wholesale Trader 15.4%
Transportation 8.9%
Other 30.6%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 37% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 20.4%
15-19 7.9%
20-24 8.8%
25-44 22.0%
45-65 27.0%
66+ 13.9%
OCCUPATION

Occupation % Distribution
Construction 4.6%
Healthcare 6.5%
Management, Business, & Financial 16.0%
Natural Resources Maintenance 16.7%
Production & Transportation 24.4%
Sales & Office 17.3%
Other 14.5%
HIGHEST EDUCATION LEVEL

17% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.7%
High School 34.7%
Masters Degree 5.7%
Some College 27.4%
Some High School 8.1%
Other 13.4%

2075 Wheeler Rd Comps

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2075 Wheeler Rd, Kirkland, IL 60146 is a single family home of 2,000 sqft. HomeUnion INVESTimateĀ® for 2075 Wheeler Rd includes a Price Estimate of $330,061 and a Rent Estimate of $1,648. This single family home has 3 bedrooms,2 bathrooms, and was built in 2005. This property has an estimated 15 year annualized Yield of 5.99% and Total Return of 5.97%. The estimated 1 year forecast in home value for 2075 Wheeler Rd is 4.2%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , DEKALB County , or the 60146 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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