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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

2335 Woodoak Dr Round Lake Beach, IL 60073

0 Beds 3 Baths 1,560 sqft Built 1994
Last updated:  Jan 23, 2020

INVESTimate

$175,135

$171K - $180K

Price Est.

$1,610

$1.5K - $1.7K

Rent Est.

$183,682  ( +4.88%)   1 YR EST. FORECAST
  
  
  

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2335 Woodoak Dr PROPERTY INFO

FACTS
  • Built In 1994
  • Price/Sqft : $112.27
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,560 sqft
  • Baths : 2 Full 1 Half

2335 Woodoak Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
FREDERICK SCHOOL Primary Regular 749 46 7
FREDERICK SCHOOL Middle Regular 749 46 7
GRAYSLAKE NORTH HIGH SCHOOL High Regular 1,556 107 9

FREDERICK SCHOOL

  • Education Level: Primary
  • # of students: 749
  • # of teachers: 46
7
GreatSchools Rating

FREDERICK SCHOOL

  • Education Level: Middle
  • # of students: 749
  • # of teachers: 46
7
GreatSchools Rating

GRAYSLAKE NORTH HIGH SCHOOL

  • Education Level: High
  • # of students: 1,556
  • # of teachers: 107
9
GreatSchools Rating
 

Financial Details

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Neighborhood

Foxchase

  • 862

    POPULATION
  • 245

    HOUSEHOLDS
  • 64.7%

    WHITE COLLAR

Neighborhood : Foxchase

HOUSEHOLDS
245
POPULATION

862

2.5%Renters
97.5%Home Owners
LABOR FORCE

 

64.7%White Collar
35.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 69% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,610 per month.

MY RENT : $1,610 MEDIAN RENT : $1,570

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 30.8%
>=$1,500 69.2%
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 $1,610 would therefore be considered affordable for annual household incomes greater than $64,400 (12 months x 3.333 x $1,610).

Rent % Affordability
Above $500 88.6%
Above $700 86.3%
Above $1,100 83.9%
Above $1,500 80.1%
Above $1,900 58.2%
HOUSEHOLD INCOME RANGE

Approximately 118 of households in this neighborhood have a total annual income of $64,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,610 per month.

MINIMUM INCOME RANGE : $64,400

Income % Distribution
<$20K 11.4%
$20K-$35K 4.1%
$35K-$60K 4.5%
$60K-$100K 50.0%
>=$100K 30.1%
COMMUTE TIME DISTRIBUTION

58% of the working population has a commute time of 15 to 44 minutes, 10% 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 2.9%
5-9 mins 1.7%
10-14 mins 5.8%
15-19 mins 14.7%
20-29 mins 9.4%
30-44 mins 33.9%
45-59 mins 13.9%
>60 mins 17.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 69% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,610 per month.

MY RENT : $1,610 MEDIAN RENT : $1,570

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 30.8%
>=$1,500 69.2%
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 $1,610 would therefore be considered affordable for annual household incomes greater than $64,400 (12 months x 3.333 x $1,610).

Rent % Affordability
Above $500 88.6%
Above $700 86.3%
Above $1,100 83.9%
Above $1,500 80.1%
Above $1,900 58.2%
HOUSEHOLD INCOME RANGE

Approximately 118 of households in this neighborhood have a total annual income of $64,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,610 per month.

MINIMUM INCOME RANGE : $64,400

Income % Distribution
<$20K 11.4%
$20K-$35K 4.1%
$35K-$60K 4.5%
$60K-$100K 50.0%
>=$100K 30.1%
COMMUTE TIME DISTRIBUTION

58% of the working population has a commute time of 15 to 44 minutes, 10% 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 2.9%
5-9 mins 1.7%
10-14 mins 5.8%
15-19 mins 14.7%
20-29 mins 9.4%
30-44 mins 33.9%
45-59 mins 13.9%
>60 mins 17.8%

Foxchase Demographics

INDUSTRY

Industry % Distribution
Construction 7.1%
Financial Industries 6.4%
Health Care & Social Assistance 17.1%
Manufacturing 11.5%
Professional & Scientific Tech Services 6.9%
Retail & Wholesale Trader 18.0%
Other 33.0%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 43% is 24 or younger and 6% is 65 or older.

Age % Distribution
<15 22.4%
15-19 10.1%
20-24 10.9%
25-44 25.4%
45-65 25.3%
66+ 5.9%
OCCUPATION

Occupation % Distribution
Construction 7.5%
Healthcare 7.2%
Management, Business, & Financial 13.0%
Natural Resources Maintenance 13.0%
Production & Transportation 14.8%
Sales & Office 33.1%
Other 11.4%
HIGHEST EDUCATION LEVEL

17% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.0%
High School 32.8%
Masters Degree 8.6%
Some College 32.6%
Some High School 7.4%
Other 10.7%

2335 Woodoak Dr Comps

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2335 Woodoak Dr, Round Lake Beach, IL 60073 is a single family home of 1,560 sqft. HomeUnion INVESTimateĀ® for 2335 Woodoak Dr includes a Price Estimate of $175,135 and a Rent Estimate of $1,610. This single family home has 0 bedrooms,3 bathrooms, and was built in 1994. This property has an estimated 15 year annualized Yield of 11.03% and Total Return of 14.64%. The estimated 1 year forecast in home value for 2335 Woodoak Dr is 4.88%.

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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