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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

302 S Church St Sigel, IL 62462

3 Beds 3 Baths 1,590 sqft Built 1994
Last updated:  Dec 26, 2019

INVESTimate

$167,340

$154K - $181K

Price Est.

$1,530

$1.3K - $1.8K

Rent Est.

$169,097  ( +1.05%)   1 YR EST. FORECAST
  
  
  

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302 S Church St PROPERTY INFO

FACTS
  • Built In 1994
  • Price/Sqft : $105.25
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,590 sqft
  • Baths : 3 Full

302 S Church St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
NEOGA ELEMENTARY SCHOOL Primary Regular 254 17 7
NEOGA JUNIOR HIGH SCHOOL Middle Regular 145 12 7

NEOGA ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 254
  • # of teachers: 17
7
GreatSchools Rating

NEOGA JUNIOR HIGH SCHOOL

  • Education Level: Middle
  • # of students: 145
  • # of teachers: 12
7
GreatSchools Rating
 

Financial Details

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Neighborhood

SIGEL

  • 1,194

    POPULATION
  • 412

    HOUSEHOLDS
  • 44.9%

    WHITE COLLAR

Neighborhood : SIGEL

HOUSEHOLDS
412
POPULATION

1,194

18.8%Renters
81.2%Home Owners
LABOR FORCE

 

44.9%White Collar
55.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 4% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,530 per month.

MY RENT : $1,530 MEDIAN RENT : $1,059

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 5.8%
$900-999 33.2%
$1,000-1,499 56.5%
>=$1,500 4.5%
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 $1,530 would therefore be considered affordable for annual household incomes greater than $61,200 (12 months x 3.333 x $1,530).

Rent % Affordability
Above $500 82.1%
Above $700 72.5%
Above $1,100 56.2%
Above $1,500 44.7%
Above $1,900 32.6%
HOUSEHOLD INCOME RANGE

Approximately 127 of households in this neighborhood have a total annual income of $61,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,530 per month.

MINIMUM INCOME RANGE : $61,200

Income % Distribution
<$20K 17.9%
$20K-$35K 17.6%
$35K-$60K 19.8%
$60K-$100K 22.7%
>=$100K 22.0%
COMMUTE TIME DISTRIBUTION

76% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 3% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.3%
5-9 mins 4.5%
10-14 mins 8.8%
15-19 mins 18.1%
20-29 mins 39.5%
30-44 mins 18.6%
45-59 mins 1.4%
>60 mins 1.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 4% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,530 per month.

MY RENT : $1,530 MEDIAN RENT : $1,059

Rent % Distribution
$500-699 0.0%
$700-899 5.8%
$900-999 33.2%
$1,000-1,499 56.5%
>=$1,500 4.5%
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 $1,530 would therefore be considered affordable for annual household incomes greater than $61,200 (12 months x 3.333 x $1,530).

Rent % Affordability
Above $500 82.1%
Above $700 72.5%
Above $1,100 56.2%
Above $1,500 44.7%
Above $1,900 32.6%
HOUSEHOLD INCOME RANGE

Approximately 127 of households in this neighborhood have a total annual income of $61,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,530 per month.

MINIMUM INCOME RANGE : $61,200

Income % Distribution
<$20K 17.9%
$20K-$35K 17.6%
$35K-$60K 19.8%
$60K-$100K 22.7%
>=$100K 22.0%
COMMUTE TIME DISTRIBUTION

76% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 3% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.3%
5-9 mins 4.5%
10-14 mins 8.8%
15-19 mins 18.1%
20-29 mins 39.5%
30-44 mins 18.6%
45-59 mins 1.4%
>60 mins 1.8%

SIGEL Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 10.7%
Construction 15.1%
Health Care & Social Assistance 12.8%
Manufacturing 8.0%
Retail & Wholesale Trader 13.8%
Transportation 13.5%
Other 26.1%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 35% is 24 or younger and 13% is 65 or older.

Age % Distribution
<15 25.3%
15-19 3.9%
20-24 6.3%
25-44 27.9%
45-65 23.4%
66+ 13.3%
OCCUPATION

Occupation % Distribution
Clean 6.5%
Healthcare 9.6%
Management, Business, & Financial 13.3%
Natural Resources Maintenance 22.8%
Production & Transportation 21.2%
Sales & Office 16.8%
Other 9.8%
HIGHEST EDUCATION LEVEL

11% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.6%
High School 48.4%
Masters Degree 1.3%
Some College 24.1%
Some High School 5.3%
Other 11.2%

302 S Church St Comps

Sorry, we do not have sufficient data available.

302 S Church St, Sigel, IL 62462 is a single family home of 1,590 sqft. HomeUnion INVESTimateĀ® for 302 S Church St includes a Price Estimate of $167,340 and a Rent Estimate of $1,530. This single family home has 3 bedrooms,3 bathrooms, and was built in 1994. This property has an estimated 15 year annualized Yield of 10.97% and Total Return of 20.05%. The estimated 1 year forecast in home value for 302 S Church St is 1.05%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , SHELBY County , or the 62462 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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