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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

23184 N Richards Ct Prairie View, IL 60069

0 Beds 2 Baths 1,911 sqft Built 1957
Last updated:  Jan 23, 2020

INVESTimate

$333,505

$319K - $348K

Price Est.

$2,530

$2.4K - $2.7K

Rent Est.

$344,944  ( +3.43%)   1 YR EST. FORECAST
  
  
  

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23184 N Richards Ct PROPERTY INFO

FACTS
  • Built In 1957
  • Price/Sqft : $174.52
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,911 sqft
  • Baths : 2 Full

23184 N Richards Ct SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
DANIEL WRIGHT JR HIGH SCHOOL Primary Regular 796 61 10
DANIEL WRIGHT JR HIGH SCHOOL Middle Regular 796 61 10
ADLAI E. STEVENSON HIGH SCHOOL High Regular 4,031 250 10

DANIEL WRIGHT JR HIGH SCHOOL

  • Education Level: Primary
  • # of students: 796
  • # of teachers: 61
10
GreatSchools Rating

DANIEL WRIGHT JR HIGH SCHOOL

  • Education Level: Middle
  • # of students: 796
  • # of teachers: 61
10
GreatSchools Rating

ADLAI E. STEVENSON HIGH SCHOOL

  • Education Level: High
  • # of students: 4,031
  • # of teachers: 250
10
GreatSchools Rating
 

Financial Details

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Neighborhood

Krisview Acres

  • 345

    POPULATION
  • 142

    HOUSEHOLDS
  • 90.7%

    WHITE COLLAR

Neighborhood : Krisview Acres

HOUSEHOLDS
142
POPULATION

345

25.0%Renters
75.0%Home Owners
LABOR FORCE

 

90.7%White Collar
9.3%Blue Collar
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 $2,530 per month.

MY RENT : $2,530 MEDIAN RENT : $1,859

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $2,530 would therefore be considered affordable for annual household incomes greater than $101,200 (12 months x 3.333 x $2,530).

Rent % Affordability
Above $500 97.9%
Above $700 96.4%
Above $1,100 84.3%
Above $1,500 79.9%
Above $1,900 69.6%
HOUSEHOLD INCOME RANGE

Approximately 49 of households in this neighborhood have a total annual income of $101,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,530 per month.

MINIMUM INCOME RANGE : $101,200

Income % Distribution
<$20K 2.1%
$20K-$35K 5.6%
$35K-$60K 12.5%
$60K-$100K 22.2%
>=$100K 57.6%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.6%
5-9 mins 7.4%
10-14 mins 16.3%
15-19 mins 16.3%
20-29 mins 17.4%
30-44 mins 25.3%
45-59 mins 5.3%
>60 mins 10.5%
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 $2,530 per month.

MY RENT : $2,530 MEDIAN RENT : $1,859

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $2,530 would therefore be considered affordable for annual household incomes greater than $101,200 (12 months x 3.333 x $2,530).

Rent % Affordability
Above $500 97.9%
Above $700 96.4%
Above $1,100 84.3%
Above $1,500 79.9%
Above $1,900 69.6%
HOUSEHOLD INCOME RANGE

Approximately 49 of households in this neighborhood have a total annual income of $101,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,530 per month.

MINIMUM INCOME RANGE : $101,200

Income % Distribution
<$20K 2.1%
$20K-$35K 5.6%
$35K-$60K 12.5%
$60K-$100K 22.2%
>=$100K 57.6%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.6%
5-9 mins 7.4%
10-14 mins 16.3%
15-19 mins 16.3%
20-29 mins 17.4%
30-44 mins 25.3%
45-59 mins 5.3%
>60 mins 10.5%

Krisview Acres Demographics

INDUSTRY

Industry % Distribution
Educational Services 8.2%
Financial Industries 17.4%
Health Care & Social Assistance 8.7%
Manufacturing 16.8%
Professional & Scientific Tech Services 12.0%
Retail & Wholesale Trader 15.2%
Other 21.7%
AGE DISTRIBUTION

56% of the population is between the ages of 25 and 64, 34% is 24 or younger and 10% is 65 or older.

Age % Distribution
<15 21.7%
15-19 9.3%
20-24 3.5%
25-44 25.5%
45-65 30.1%
66+ 9.9%
OCCUPATION

Occupation % Distribution
Computer Engineering 17.4%
Construction 4.3%
Healthcare 6.5%
Management, Business, & Financial 36.2%
Production & Transportation 5.1%
Sales & Office 23.2%
Other 7.2%
HIGHEST EDUCATION LEVEL

36% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 3.6%
High School 12.1%
Masters Degree 27.9%
Some College 7.7%
Some High School 3.6%
Other 44.9%

23184 N Richards Ct Comps

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23184 N Richards Ct, Prairie View, IL 60069 is a single family home of 1,911 sqft. HomeUnion INVESTimateĀ® for 23184 N Richards Ct includes a Price Estimate of $333,505 and a Rent Estimate of $2,530. This single family home has 0 bedrooms,2 bathrooms, and was built in 1957. This property has an estimated 15 year annualized Yield of 9.10% and Total Return of 19.69%. The estimated 1 year forecast in home value for 23184 N Richards Ct is 3.43%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , LAKE County , or the 60069 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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