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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

3112 15th St North Chicago, IL 60064

0 Beds 2 Baths 1,452 sqft Built 1993
Last updated:  Jan 23, 2020

INVESTimate

$151,648

$144K - $159K

Price Est.

$1,393

$1.2K - $1.5K

Rent Est.

$163,219  ( +7.63%)   1 YR EST. FORECAST
  
  
  

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3112 15th St PROPERTY INFO

FACTS
  • Built In 1993
  • Price/Sqft : $104.44
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,452 sqft
  • Baths : 2 Full

3112 15th St 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 Park

  • 297

    POPULATION
  • 63

    HOUSEHOLDS
  • 46.8%

    WHITE COLLAR

Neighborhood : North Shore Park

HOUSEHOLDS
63
POPULATION

297

73.8%Renters
26.2%Home Owners
LABOR FORCE

 

46.8%White Collar
53.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 23% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,393 per month.

MY RENT : $1,393 MEDIAN RENT : $1,403

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.9%
$1,000-1,499 97.4%
>=$1,500 1.8%
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 $1,393 would therefore be considered affordable for annual household incomes greater than $55,720 (12 months x 3.333 x $1,393).

Rent % Affordability
Above $500 59.4%
Above $700 45.3%
Above $1,100 36.6%
Above $1,500 17.2%
Above $1,900 13.8%
HOUSEHOLD INCOME RANGE

Approximately 12 of households in this neighborhood have a total annual income of $55,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,393 per month.

MINIMUM INCOME RANGE : $55,720

Income % Distribution
<$20K 40.6%
$20K-$35K 18.8%
$35K-$60K 23.4%
$60K-$100K 9.4%
>=$100K 7.8%
COMMUTE TIME DISTRIBUTION

66% of the working population has a commute time of 15 to 44 minutes, 29% has a commute time of 14 minutes or less and 5% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.5%
5-9 mins 12.6%
10-14 mins 11.7%
15-19 mins 17.1%
20-29 mins 20.7%
30-44 mins 27.9%
45-59 mins 2.7%
>60 mins 2.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 23% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,393 per month.

MY RENT : $1,393 MEDIAN RENT : $1,403

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.9%
$1,000-1,499 97.4%
>=$1,500 1.8%
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 $1,393 would therefore be considered affordable for annual household incomes greater than $55,720 (12 months x 3.333 x $1,393).

Rent % Affordability
Above $500 59.4%
Above $700 45.3%
Above $1,100 36.6%
Above $1,500 17.2%
Above $1,900 13.8%
HOUSEHOLD INCOME RANGE

Approximately 12 of households in this neighborhood have a total annual income of $55,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,393 per month.

MINIMUM INCOME RANGE : $55,720

Income % Distribution
<$20K 40.6%
$20K-$35K 18.8%
$35K-$60K 23.4%
$60K-$100K 9.4%
>=$100K 7.8%
COMMUTE TIME DISTRIBUTION

66% of the working population has a commute time of 15 to 44 minutes, 29% has a commute time of 14 minutes or less and 5% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.5%
5-9 mins 12.6%
10-14 mins 11.7%
15-19 mins 17.1%
20-29 mins 20.7%
30-44 mins 27.9%
45-59 mins 2.7%
>60 mins 2.7%

North Shore Park Demographics

INDUSTRY

Industry % Distribution
Administrative Support 7.7%
Arts & Entertainment 16.3%
Health Care & Social Assistance 17.3%
Manufacturing 11.5%
Retail & Wholesale Trader 17.3%
Transportation 8.7%
Other 21.2%
AGE DISTRIBUTION

40% of the population is between the ages of 25 and 64, 54% is 24 or younger and 5% is 65 or older.

Age % Distribution
<15 37.7%
15-19 7.7%
20-24 8.8%
25-44 25.3%
45-65 15.2%
66+ 5.4%
OCCUPATION

Occupation % Distribution
Education 12.5%
Healthcare 7.8%
Management, Business, & Financial 17.2%
Natural Resources Maintenance 9.4%
Production & Transportation 18.8%
Sales & Office 23.4%
Other 10.9%
HIGHEST EDUCATION LEVEL

7% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 4.0%
High School 19.3%
Masters Degree 2.7%
Some College 28.0%
Some High School 36.0%
Other 10.0%

3112 15th St Comps

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3112 15th St, North Chicago, IL 60064 is a single family home of 1,452 sqft. HomeUnion INVESTimateĀ® for 3112 15th St includes a Price Estimate of $151,648 and a Rent Estimate of $1,393. This single family home has 0 bedrooms,2 bathrooms, and was built in 1993. This property has an estimated 15 year annualized Yield of 11.02% and Total Return of 19.88%. The estimated 1 year forecast in home value for 3112 15th St 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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