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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

3024 22nd Pl North Chicago, IL 60064

0 Beds 3 Baths 1,204 sqft Built 1995
Last updated:  Jan 23, 2020

INVESTimate

$108,066

$105K - $112K

Price Est.

$1,440

$1.3K - $1.6K

Rent Est.

$116,311  ( +7.63%)   1 YR EST. FORECAST
  
  
  

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3024 22nd Pl PROPERTY INFO

FACTS
  • Built In 1995
  • Price/Sqft : $89.76
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,204 sqft
  • Baths : 2 Full 1 Half

3024 22nd Pl SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
NORTH CHICAGO COMMUNITY HIGH SCHOOL High Regular 770 55 1

NORTH CHICAGO COMMUNITY HIGH SCHOOL

  • Education Level: High
  • # of students: 770
  • # of teachers: 55
1
GreatSchools Rating
 

Financial Details

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Neighborhood

North Shore Manor

  • 68

    POPULATION
  • 15

    HOUSEHOLDS
  • 31.6%

    WHITE COLLAR

Neighborhood : North Shore Manor

HOUSEHOLDS
15
POPULATION

68

18.8%Renters
81.2%Home Owners
LABOR FORCE

 

31.6%White Collar
68.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 15% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,440 per month.

MY RENT : $1,440 MEDIAN RENT : $1,430

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 96.8%
>=$1,500 3.2%
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 $1,440 would therefore be considered affordable for annual household incomes greater than $57,600 (12 months x 3.333 x $1,440).

Rent % Affordability
Above $500 92.3%
Above $700 92.3%
Above $1,100 72.3%
Above $1,500 69.2%
Above $1,900 37.8%
HOUSEHOLD INCOME RANGE

Approximately 9 of households in this neighborhood have a total annual income of $57,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,440 per month.

MINIMUM INCOME RANGE : $57,600

Income % Distribution
<$20K 7.7%
$20K-$35K 0.0%
$35K-$60K 23.1%
$60K-$100K 46.2%
>=$100K 23.1%
COMMUTE TIME DISTRIBUTION

54% of the working population has a commute time of 15 to 44 minutes, 39% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.6%
5-9 mins 17.9%
10-14 mins 17.9%
15-19 mins 17.9%
20-29 mins 14.3%
30-44 mins 21.4%
45-59 mins 3.6%
>60 mins 3.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 15% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,440 per month.

MY RENT : $1,440 MEDIAN RENT : $1,430

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 96.8%
>=$1,500 3.2%
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 $1,440 would therefore be considered affordable for annual household incomes greater than $57,600 (12 months x 3.333 x $1,440).

Rent % Affordability
Above $500 92.3%
Above $700 92.3%
Above $1,100 72.3%
Above $1,500 69.2%
Above $1,900 37.8%
HOUSEHOLD INCOME RANGE

Approximately 9 of households in this neighborhood have a total annual income of $57,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,440 per month.

MINIMUM INCOME RANGE : $57,600

Income % Distribution
<$20K 7.7%
$20K-$35K 0.0%
$35K-$60K 23.1%
$60K-$100K 46.2%
>=$100K 23.1%
COMMUTE TIME DISTRIBUTION

54% of the working population has a commute time of 15 to 44 minutes, 39% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.6%
5-9 mins 17.9%
10-14 mins 17.9%
15-19 mins 17.9%
20-29 mins 14.3%
30-44 mins 21.4%
45-59 mins 3.6%
>60 mins 3.6%

North Shore Manor Demographics

INDUSTRY

Industry % Distribution
Administrative Support 13.3%
Educational Services 10.0%
Health Care & Social Assistance 10.0%
Manufacturing 10.0%
Public Administration 10.0%
Retail & Wholesale Trader 13.3%
Other 33.3%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 44% is 24 or younger and 10% is 65 or older.

Age % Distribution
<15 23.5%
15-19 8.8%
20-24 11.8%
25-44 19.1%
45-65 26.5%
66+ 10.3%
OCCUPATION

Occupation % Distribution
Clean 14.3%
Management, Business, & Financial 14.3%
PCare 14.3%
Production & Transportation 19.0%
Protect 9.5%
Sales & Office 9.5%
Other 19.0%
HIGHEST EDUCATION LEVEL

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

Education Level % Distribution
Doctorate 2.6%
High School 31.6%
Masters Degree 5.3%
Some College 18.4%
Some High School 28.9%
Other 13.2%

3024 22nd Pl Comps

Sorry, we do not have sufficient data available.

3024 22nd Pl, North Chicago, IL 60064 is a single family home of 1,204 sqft. HomeUnion INVESTimateĀ® for 3024 22nd Pl includes a Price Estimate of $108,066 and a Rent Estimate of $1,440. This single family home has 0 bedrooms,3 bathrooms, and was built in 1995. This property has an estimated 15 year annualized Yield of 15.99% and Total Return of 30.78%. The estimated 1 year forecast in home value for 3024 22nd Pl is 7.63%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , LAKE County , or the 60064 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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