Financial Details2221 Dickey Ave PROPERTY INFO
FACTS
- Built In 2000
- Price/Sqft : $78.42
CONSTRUCTION
- Beds : 4
- Floor Size : 1,111 sqft
- Baths : 2 Full
PROPERTY DESCRIPTION
2221 Dickey Ave, North Chicago, IL 60064 is a single family home of 1,111 sqft. HomeUnion estimate for 2221 Dickey Ave includes a Price Estimate of $87,125 and a Rent Estimate of $1,329. This single family home has 4 bedrooms, 2 bathrooms, and was built in 2000. This property has an estimated 15 year annualized Yield of 18.30% and Total Return of 33.60%. The estimated 1 year forecast in home value for 2221 Dickey Ave is 7.63%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
2221 Dickey Ave SCHOOLS
Financial Details
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NORTH CHICAGO
Neighborhood : NORTH CHICAGO
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 33% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,329 per month.
MY RENT : $1,329 MEDIAN RENT : $1,297
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 $1,329 would therefore be considered affordable for annual household incomes greater than $53,160 (12 months x 3.333 x $1,329).
HOUSEHOLD INCOME RANGE
Approximately 1,727 of households in this neighborhood have a total annual income of $53,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,329 per month.
MINIMUM INCOME RANGE : $53,160
COMMUTE TIME DISTRIBUTION
57% of the working population has a commute time of 15 to 44 minutes, 31% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.
NORTH CHICAGO Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Administrative Support | 11.3% |
| Arts & Entertainment | 14.3% |
| Construction | 5.7% |
| Health Care & Social Assistance | 12.5% |
| Manufacturing | 16.1% |
| Retail & Wholesale Trader | 15.4% |
| Other | 24.8% |
AGE DISTRIBUTION
47% of the population is between the ages of 25 and 64, 43% is 24 or younger and 10% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 24.4% |
| 15-19 | 8.9% |
| 20-24 | 9.6% |
| 25-44 | 25.1% |
| 45-65 | 22.4% |
| 66+ | 9.6% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Clean | 11.3% |
| Education | 7.1% |
| Management, Business, & Financial | 8.5% |
| Natural Resources Maintenance | 5.9% |
| Production & Transportation | 24.4% |
| Sales & Office | 23.1% |
| Other | 19.7% |
HIGHEST EDUCATION LEVEL
7% 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 | 32.1% |
| Masters Degree | 2.2% |
| Some College | 22.5% |
| Some High School | 30.4% |
| Other | 8.7% |
2221 Dickey Ave Comps
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