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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

240 E Grove St Capron, IL 61012

3 Beds 1 Baths 1,476 sqft Built 1956
Last updated:  Jan 23, 2020

INVESTimate

$59,272

$55.5K - $63.0K

Price Est.

$1,174

$1.1K - $1.2K

Rent Est.

$62,301  ( +5.11%)   1 YR EST. FORECAST
  
  
  

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240 E Grove St PROPERTY INFO

FACTS
  • Built In 1956
  • Price/Sqft : $40.16
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,476 sqft
  • Baths : 1 Full

240 E Grove St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
NORTH BOONE UPPER ELEMENTARY SCHOOL Primary Regular 275 14 7
NORTH BOONE UPPER ELEMENTARY SCHOOL Middle Regular 275 14 7
NORTH BOONE HIGH SCHOOL High Regular 525 35 4

NORTH BOONE UPPER ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 275
  • # of teachers: 14
7
GreatSchools Rating

NORTH BOONE UPPER ELEMENTARY SCHOOL

  • Education Level: Middle
  • # of students: 275
  • # of teachers: 14
7
GreatSchools Rating

NORTH BOONE HIGH SCHOOL

  • Education Level: High
  • # of students: 525
  • # of teachers: 35
4
GreatSchools Rating
 

Financial Details

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Neighborhood

CAPRON

  • 2,469

    POPULATION
  • 791

    HOUSEHOLDS
  • 33.1%

    WHITE COLLAR

Neighborhood : CAPRON

HOUSEHOLDS
791
POPULATION

2,469

23.4%Renters
76.6%Home Owners
LABOR FORCE

 

33.1%White Collar
66.8%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 $1,174 per month.

MY RENT : $1,174 MEDIAN RENT : $1,220

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 90.4%
>=$1,500 9.6%
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 $1,174 would therefore be considered affordable for annual household incomes greater than $46,960 (12 months x 3.333 x $1,174).

Rent % Affordability
Above $500 90.2%
Above $700 85.5%
Above $1,100 68.6%
Above $1,500 52.8%
Above $1,900 32.2%
HOUSEHOLD INCOME RANGE

Approximately 469 of households in this neighborhood have a total annual income of $46,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,174 per month.

MINIMUM INCOME RANGE : $46,960

Income % Distribution
<$20K 9.8%
$20K-$35K 9.2%
$35K-$60K 28.2%
$60K-$100K 36.4%
>=$100K 16.5%
COMMUTE TIME DISTRIBUTION

49% of the working population has a commute time of 15 to 44 minutes, 33% has a commute time of 14 minutes or less and 18% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.6%
5-9 mins 14.3%
10-14 mins 13.6%
15-19 mins 8.3%
20-29 mins 17.6%
30-44 mins 22.9%
45-59 mins 8.5%
>60 mins 9.3%
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 $1,174 per month.

MY RENT : $1,174 MEDIAN RENT : $1,220

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 90.4%
>=$1,500 9.6%
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 $1,174 would therefore be considered affordable for annual household incomes greater than $46,960 (12 months x 3.333 x $1,174).

Rent % Affordability
Above $500 90.2%
Above $700 85.5%
Above $1,100 68.6%
Above $1,500 52.8%
Above $1,900 32.2%
HOUSEHOLD INCOME RANGE

Approximately 469 of households in this neighborhood have a total annual income of $46,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,174 per month.

MINIMUM INCOME RANGE : $46,960

Income % Distribution
<$20K 9.8%
$20K-$35K 9.2%
$35K-$60K 28.2%
$60K-$100K 36.4%
>=$100K 16.5%
COMMUTE TIME DISTRIBUTION

49% of the working population has a commute time of 15 to 44 minutes, 33% has a commute time of 14 minutes or less and 18% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.6%
5-9 mins 14.3%
10-14 mins 13.6%
15-19 mins 8.3%
20-29 mins 17.6%
30-44 mins 22.9%
45-59 mins 8.5%
>60 mins 9.3%

CAPRON Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.5%
Construction 9.9%
Health Care & Social Assistance 6.5%
Manufacturing 34.1%
Retail & Wholesale Trader 9.2%
Transportation 5.3%
Other 26.5%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 39% is 24 or younger and 9% is 65 or older.

Age % Distribution
<15 23.9%
15-19 8.1%
20-24 7.3%
25-44 26.2%
45-65 25.7%
66+ 8.7%
OCCUPATION

Occupation % Distribution
Healthcare 3.3%
Management, Business, & Financial 8.4%
Natural Resources Maintenance 16.8%
Production & Transportation 41.8%
Protect 3.0%
Sales & Office 18.4%
Other 8.3%
HIGHEST EDUCATION LEVEL

9% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 5.7%
High School 35.7%
Masters Degree 2.8%
Some College 23.5%
Some High School 22.5%
Other 9.9%

240 E Grove St Comps

Sorry, we do not have sufficient data available.

240 E Grove St, Capron, IL 61012 is a single family home of 1,476 sqft. HomeUnion INVESTimateĀ® for 240 E Grove St includes a Price Estimate of $59,272 and a Rent Estimate of $1,174. This single family home has 3 bedrooms,1 bathrooms, and was built in 1956. This property has an estimated 15 year annualized Yield of 23.77% and Total Return of 32.50%. The estimated 1 year forecast in home value for 240 E Grove St is 5.11%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , BOONE County , or the 61012 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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