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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

2275 Aurora Dr 21 Pingree Grove, IL 60140

2 Beds 2 Baths 1,142 sqft Built 2007
Last updated:  Nov 28, 2019

INVESTimate

$140,337

$132K - $148K

Price Est.

$1,372

$1.3K - $1.5K

Rent Est.

$149,908  ( +6.82%)   1 YR EST. FORECAST
  
  
  

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2275 Aurora Dr 21 PROPERTY INFO

FACTS
  • Built In 2007
  • Price/Sqft : $122.89
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,142 sqft
  • Baths : 2 Full

2275 Aurora Dr 21 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
GARY D. WRIGHT ELEMENTARY SCHOOL Primary Regular 521 23 6
HAMPSHIRE MIDDLE SCHOOL Middle Regular 737 38 7
HAMPSHIRE HIGH SCHOOL High Regular 1,132 53 7

GARY D. WRIGHT ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 521
  • # of teachers: 23
6
GreatSchools Rating

HAMPSHIRE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 737
  • # of teachers: 38
7
GreatSchools Rating

HAMPSHIRE HIGH SCHOOL

  • Education Level: High
  • # of students: 1,132
  • # of teachers: 53
7
GreatSchools Rating
 

Financial Details

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Neighborhood

HAMPSHIRE

  • 14,399

    POPULATION
  • 4,956

    HOUSEHOLDS
  • 62.8%

    WHITE COLLAR

Neighborhood : HAMPSHIRE

HOUSEHOLDS
4,956
POPULATION

14,399

10.2%Renters
89.8%Home Owners
LABOR FORCE

 

62.8%White Collar
37.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 89% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,372 per month.

MY RENT : $1,372 MEDIAN RENT : $1,597

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 14.4%
>=$1,500 85.6%
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 $1,372 would therefore be considered affordable for annual household incomes greater than $54,880 (12 months x 3.333 x $1,372).

Rent % Affordability
Above $500 92.7%
Above $700 88.5%
Above $1,100 81.7%
Above $1,500 70.9%
Above $1,900 60.2%
HOUSEHOLD INCOME RANGE

Approximately 3,567 of households in this neighborhood have a total annual income of $54,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,372 per month.

MINIMUM INCOME RANGE : $54,880

Income % Distribution
<$20K 7.3%
$20K-$35K 8.7%
$35K-$60K 13.1%
$60K-$100K 27.4%
>=$100K 43.5%
COMMUTE TIME DISTRIBUTION

54% of the working population has a commute time of 15 to 44 minutes, 14% has a commute time of 14 minutes or less and 32% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.4%
5-9 mins 8.7%
10-14 mins 4.2%
15-19 mins 10.6%
20-29 mins 20.7%
30-44 mins 22.8%
45-59 mins 15.6%
>60 mins 16.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 89% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,372 per month.

MY RENT : $1,372 MEDIAN RENT : $1,597

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 14.4%
>=$1,500 85.6%
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 $1,372 would therefore be considered affordable for annual household incomes greater than $54,880 (12 months x 3.333 x $1,372).

Rent % Affordability
Above $500 92.7%
Above $700 88.5%
Above $1,100 81.7%
Above $1,500 70.9%
Above $1,900 60.2%
HOUSEHOLD INCOME RANGE

Approximately 3,567 of households in this neighborhood have a total annual income of $54,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,372 per month.

MINIMUM INCOME RANGE : $54,880

Income % Distribution
<$20K 7.3%
$20K-$35K 8.7%
$35K-$60K 13.1%
$60K-$100K 27.4%
>=$100K 43.5%
COMMUTE TIME DISTRIBUTION

54% of the working population has a commute time of 15 to 44 minutes, 14% has a commute time of 14 minutes or less and 32% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.4%
5-9 mins 8.7%
10-14 mins 4.2%
15-19 mins 10.6%
20-29 mins 20.7%
30-44 mins 22.8%
45-59 mins 15.6%
>60 mins 16.0%

HAMPSHIRE Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.6%
Construction 8.9%
Educational Services 8.4%
Health Care & Social Assistance 13.3%
Manufacturing 20.3%
Retail & Wholesale Trader 12.9%
Other 26.6%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 35% is 24 or younger and 12% is 65 or older.

Age % Distribution
<15 23.7%
15-19 6.3%
20-24 5.3%
25-44 22.6%
45-65 30.1%
66+ 12.1%
OCCUPATION

Occupation % Distribution
Computer Engineering 8.3%
Healthcare 10.3%
Management, Business, & Financial 16.5%
Natural Resources Maintenance 11.1%
Production & Transportation 14.1%
Sales & Office 18.6%
Other 21.1%
HIGHEST EDUCATION LEVEL

24% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.9%
High School 19.0%
Masters Degree 13.1%
Some College 26.6%
Some High School 6.7%
Other 25.7%

2275 Aurora Dr 21 Comps

Sorry, we do not have sufficient data available.

2275 Aurora Dr 21, Pingree Grove, IL 60140 is a single family home of 1,142 sqft. HomeUnion INVESTimateĀ® for 2275 Aurora Dr 21 includes a Price Estimate of $140,337 and a Rent Estimate of $1,372. This single family home has 2 bedrooms,2 bathrooms, and was built in 2007. This property has an estimated 15 year annualized Yield of 11.73% and Total Return of 27.37%. The estimated 1 year forecast in home value for 2275 Aurora Dr 21 is 6.82%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , KANE County , or the 60140 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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