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2160 Stirling Rd PROPERTY INFO
FACTS
- Built In 1957
- Price/Sqft : $296.59
CONSTRUCTION
- Beds : 0
- Floor Size : 2,766 sqft
- Baths : 1 Full 1 Half
2160 Stirling Rd SCHOOLS
Financial Details
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Bannockburn Woods
Neighborhood : Bannockburn Woods
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 $3,000 per month.
MY RENT : $3,000 MEDIAN RENT : $4,643
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 $3,000 would therefore be considered affordable for annual household incomes greater than $120,000 (12 months x 3.333 x $3,000).
HOUSEHOLD INCOME RANGE
Approximately 13 of households in this neighborhood have a total annual income of $120,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,000 per month.
MINIMUM INCOME RANGE : $120,000
COMMUTE TIME DISTRIBUTION
37% of the working population has a commute time of 15 to 44 minutes, 49% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.
Bannockburn Woods Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 9.3% |
| Educational Services | 25.3% |
| Health Care & Social Assistance | 8.0% |
| Manufacturing | 6.7% |
| Professional & Scientific Tech Services | 10.7% |
| Retail & Wholesale Trader | 12.0% |
| Other | 28.0% |
AGE DISTRIBUTION
37% of the population is between the ages of 25 and 64, 54% is 24 or younger and 9% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 12.4% |
| 15-19 | 21.8% |
| 20-24 | 20.0% |
| 25-44 | 20.6% |
| 45-65 | 16.5% |
| 66+ | 8.8% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Construction | 2.8% |
| Healthcare | 11.1% |
| Management, Business, & Financial | 38.9% |
| Production & Transportation | 5.6% |
| Sales & Office | 33.3% |
| Social | 2.8% |
| Other | 5.6% |
HIGHEST EDUCATION LEVEL
42% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 5.6% |
| High School | 6.5% |
| Masters Degree | 21.3% |
| Professional | 12.0% |
| Some College | 13.0% |
| Other | 41.7% |
2160 Stirling Rd Comps
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2160 Stirling Rd, Bannockburn, IL 60015 is a single family home of 2,766 sqft. HomeUnion INVESTimateĀ® for 2160 Stirling Rd includes a Price Estimate of $820,379 and a Rent Estimate of $3,000. This single family home has 0 bedrooms,2 bathrooms, and was built in 1957. This property has an estimated 15 year annualized Yield of 4.39% and Total Return of 5.04%. The estimated 1 year forecast in home value for 2160 Stirling Rd is 1.36%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , LAKE County , or the 60015 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
