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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

2245 N Quaker Hollow Ln Round Lake Beach, IL 60073

0 Beds 2 Baths 1,546 sqft Built 1998
Last updated:  Jan 23, 2020

INVESTimate

$197,951

$195K - $201K

Price Est.

$1,549

$1.5K - $1.6K

Rent Est.

$211,174  ( +6.68%)   1 YR EST. FORECAST
  
  
  

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2245 N Quaker Hollow Ln PROPERTY INFO

FACTS
  • Built In 1998
  • Price/Sqft : $128.04
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,546 sqft
  • Baths : 1 Full 1 Half

2245 N Quaker Hollow Ln SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
INDIAN HILL ELEMENTARY SCHOOL Primary Regular 586 28 2
ROUND LAKE MIDDLE SCHOOL Middle Regular 969 55 3
ROUND LAKE HIGH SCHOOL High Regular 1,927 115 3

INDIAN HILL ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 586
  • # of teachers: 28
2
GreatSchools Rating

ROUND LAKE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 969
  • # of teachers: 55
3
GreatSchools Rating

ROUND LAKE HIGH SCHOOL

  • Education Level: High
  • # of students: 1,927
  • # of teachers: 115
3
GreatSchools Rating
 

Financial Details

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Neighborhood

Silver Oaks

  • 1,844

    POPULATION
  • 563

    HOUSEHOLDS
  • 66.1%

    WHITE COLLAR

Neighborhood : Silver Oaks

HOUSEHOLDS
563
POPULATION

1,844

8.4%Renters
91.6%Home Owners
LABOR FORCE

 

66.1%White Collar
33.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 84% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,549 per month.

MY RENT : $1,549 MEDIAN RENT : $1,658

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 16.3%
>=$1,500 83.7%
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 $1,549 would therefore be considered affordable for annual household incomes greater than $61,960 (12 months x 3.333 x $1,549).

Rent % Affordability
Above $500 95.0%
Above $700 94.6%
Above $1,100 89.9%
Above $1,500 79.6%
Above $1,900 63.2%
HOUSEHOLD INCOME RANGE

Approximately 314 of households in this neighborhood have a total annual income of $61,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,549 per month.

MINIMUM INCOME RANGE : $61,960

Income % Distribution
<$20K 5.0%
$20K-$35K 1.8%
$35K-$60K 13.7%
$60K-$100K 38.5%
>=$100K 41.0%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 33% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.6%
5-9 mins 6.8%
10-14 mins 4.3%
15-19 mins 7.0%
20-29 mins 19.3%
30-44 mins 28.4%
45-59 mins 19.7%
>60 mins 13.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 84% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,549 per month.

MY RENT : $1,549 MEDIAN RENT : $1,658

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 16.3%
>=$1,500 83.7%
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 $1,549 would therefore be considered affordable for annual household incomes greater than $61,960 (12 months x 3.333 x $1,549).

Rent % Affordability
Above $500 95.0%
Above $700 94.6%
Above $1,100 89.9%
Above $1,500 79.6%
Above $1,900 63.2%
HOUSEHOLD INCOME RANGE

Approximately 314 of households in this neighborhood have a total annual income of $61,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,549 per month.

MINIMUM INCOME RANGE : $61,960

Income % Distribution
<$20K 5.0%
$20K-$35K 1.8%
$35K-$60K 13.7%
$60K-$100K 38.5%
>=$100K 41.0%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 33% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.6%
5-9 mins 6.8%
10-14 mins 4.3%
15-19 mins 7.0%
20-29 mins 19.3%
30-44 mins 28.4%
45-59 mins 19.7%
>60 mins 13.0%

Silver Oaks Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 13.4%
Educational Services 10.3%
Health Care & Social Assistance 10.7%
Information 5.5%
Manufacturing 16.2%
Retail & Wholesale Trader 11.8%
Other 32.2%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 38% is 24 or younger and 6% is 65 or older.

Age % Distribution
<15 22.1%
15-19 10.6%
20-24 5.7%
25-44 30.3%
45-65 24.9%
66+ 6.5%
OCCUPATION

Occupation % Distribution
Computer Engineering 9.9%
Healthcare 7.4%
Management, Business, & Financial 24.3%
Natural Resources Maintenance 9.4%
Production & Transportation 9.3%
Sales & Office 23.7%
Other 16.0%
HIGHEST EDUCATION LEVEL

21% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.7%
High School 28.9%
Masters Degree 8.1%
Some College 18.4%
Some High School 7.1%
Other 27.8%

2245 N Quaker Hollow Ln Comps

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2245 N Quaker Hollow Ln, Round Lake Beach, IL 60073 is a single family home of 1,546 sqft. HomeUnion INVESTimateĀ® for 2245 N Quaker Hollow Ln includes a Price Estimate of $197,951 and a Rent Estimate of $1,549. This single family home has 0 bedrooms,2 bathrooms, and was built in 1998. This property has an estimated 15 year annualized Yield of 9.39% and Total Return of 17.88%. The estimated 1 year forecast in home value for 2245 N Quaker Hollow Ln is 6.68%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , LAKE County , or the 60073 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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