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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

305 Grand Ridge Rd St Charles, IL 60175

2 Beds 3 Baths 2,400 sqft Built 2000
Last updated:  Nov 28, 2019

INVESTimate

$219,487

$207K - $232K

Price Est.

$2,402

$2.2K - $2.6K

Rent Est.

$226,159  ( +3.04%)   1 YR EST. FORECAST
  
  
  

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305 Grand Ridge Rd PROPERTY INFO

FACTS
  • Built In 2000
  • Price/Sqft : $91.45
CONSTRUCTION
  • Beds : 2
  • Floor Size : 2,400 sqft
  • Baths : 2 Full 1 Half

305 Grand Ridge Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
RICHMOND INTERMEDIATE SCHOOL Primary Regular 446 30 6
WREDLING MIDDLE SCHOOL Middle Regular 1,271 81 9
ST. CHARLES EAST HIGH SCHOOL High Regular 2,335 155 10

RICHMOND INTERMEDIATE SCHOOL

  • Education Level: Primary
  • # of students: 446
  • # of teachers: 30
6
GreatSchools Rating

WREDLING MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,271
  • # of teachers: 81
9
GreatSchools Rating

ST. CHARLES EAST HIGH SCHOOL

  • Education Level: High
  • # of students: 2,335
  • # of teachers: 155
10
GreatSchools Rating
 

Financial Details

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Neighborhood

SAINT CHARLES

  • 26,698

    POPULATION
  • 8,437

    HOUSEHOLDS
  • 82.4%

    WHITE COLLAR

Neighborhood : SAINT CHARLES

HOUSEHOLDS
8,437
POPULATION

26,698

9.1%Renters
90.9%Home Owners
LABOR FORCE

 

82.4%White Collar
17.6%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 $2,402 per month.

MY RENT : $2,402 MEDIAN RENT : $1,854

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 $2,402 would therefore be considered affordable for annual household incomes greater than $96,080 (12 months x 3.333 x $2,402).

Rent % Affordability
Above $500 95.2%
Above $700 93.4%
Above $1,100 87.3%
Above $1,500 78.7%
Above $1,900 72.3%
HOUSEHOLD INCOME RANGE

Approximately 5,244 of households in this neighborhood have a total annual income of $96,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,402 per month.

MINIMUM INCOME RANGE : $96,080

Income % Distribution
<$20K 4.8%
$20K-$35K 3.7%
$35K-$60K 12.8%
$60K-$100K 17.2%
>=$100K 61.5%
COMMUTE TIME DISTRIBUTION

45% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 33% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.8%
5-9 mins 8.3%
10-14 mins 11.9%
15-19 mins 11.5%
20-29 mins 14.7%
30-44 mins 18.7%
45-59 mins 12.5%
>60 mins 20.5%
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 $2,402 per month.

MY RENT : $2,402 MEDIAN RENT : $1,854

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 $2,402 would therefore be considered affordable for annual household incomes greater than $96,080 (12 months x 3.333 x $2,402).

Rent % Affordability
Above $500 95.2%
Above $700 93.4%
Above $1,100 87.3%
Above $1,500 78.7%
Above $1,900 72.3%
HOUSEHOLD INCOME RANGE

Approximately 5,244 of households in this neighborhood have a total annual income of $96,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,402 per month.

MINIMUM INCOME RANGE : $96,080

Income % Distribution
<$20K 4.8%
$20K-$35K 3.7%
$35K-$60K 12.8%
$60K-$100K 17.2%
>=$100K 61.5%
COMMUTE TIME DISTRIBUTION

45% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 33% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.8%
5-9 mins 8.3%
10-14 mins 11.9%
15-19 mins 11.5%
20-29 mins 14.7%
30-44 mins 18.7%
45-59 mins 12.5%
>60 mins 20.5%

SAINT CHARLES Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.7%
Educational Services 9.9%
Health Care & Social Assistance 10.3%
Manufacturing 13.7%
Professional & Scientific Tech Services 11.1%
Retail & Wholesale Trader 15.8%
Other 30.6%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 35% is 24 or younger and 12% is 65 or older.

Age % Distribution
<15 20.6%
15-19 9.1%
20-24 5.5%
25-44 21.8%
45-65 31.2%
66+ 11.8%
OCCUPATION

Occupation % Distribution
Computer Engineering 7.8%
Healthcare 8.1%
Management, Business, & Financial 32.1%
Natural Resources Maintenance 5.9%
Production & Transportation 5.8%
Sales & Office 26.3%
Other 14.1%
HIGHEST EDUCATION LEVEL

27% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.4%
High School 16.0%
Masters Degree 15.5%
Some College 19.3%
Some High School 4.5%
Other 37.3%

305 Grand Ridge Rd Comps

Sorry, we do not have sufficient data available.

305 Grand Ridge Rd, St Charles, IL 60175 is a single family home of 2,400 sqft. HomeUnion INVESTimateĀ® for 305 Grand Ridge Rd includes a Price Estimate of $219,487 and a Rent Estimate of $2,402. This single family home has 2 bedrooms,3 bathrooms, and was built in 2000. This property has an estimated 15 year annualized Yield of 13.13% and Total Return of 26.83%. The estimated 1 year forecast in home value for 305 Grand Ridge Rd is 3.04%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , KANE County , or the 60175 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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  1. 60174
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