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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

319 Beachview Dr Round Lake Beach, IL 60073

5 Beds 2 Baths 1,080 sqft Built 1998
Last updated:  Jan 23, 2020

INVESTimate

$107,479

$106K - $109K

Price Est.

$1,453

$1.4K - $1.5K

Rent Est.

$112,724  ( +4.88%)   1 YR EST. FORECAST
  
  
  

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319 Beachview Dr PROPERTY INFO

FACTS
  • Built In 1998
  • Price/Sqft : $99.52
CONSTRUCTION
  • Beds : 5
  • Floor Size : 1,080 sqft
  • Baths : 2 Full

319 Beachview Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
ROUND LAKE VILLAGE ELEMENTARY SCHOOL Primary Regular 473 22 3
JOHN T. MAGEE MIDDLE SCHOOL Middle Regular 717 41 3
ROUND LAKE HIGH SCHOOL High Regular 1,927 115 3

ROUND LAKE VILLAGE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 473
  • # of teachers: 22
3
GreatSchools Rating

JOHN T. MAGEE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 717
  • # of teachers: 41
3
GreatSchools Rating

ROUND LAKE HIGH SCHOOL

  • Education Level: High
  • # of students: 1,927
  • # of teachers: 115
3
GreatSchools Rating
 

Financial Details

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Neighborhood

Round Lake Beach Channel

  • 1,426

    POPULATION
  • 344

    HOUSEHOLDS
  • 31.9%

    WHITE COLLAR

Neighborhood : Round Lake Beach Channel

HOUSEHOLDS
344
POPULATION

1,426

35.0%Renters
65.0%Home Owners
LABOR FORCE

 

31.9%White Collar
68.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 11% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,453 per month.

MY RENT : $1,453 MEDIAN RENT : $1,158

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 11.0%
$900-999 21.2%
$1,000-1,499 63.0%
>=$1,500 4.8%
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 $1,453 would therefore be considered affordable for annual household incomes greater than $58,120 (12 months x 3.333 x $1,453).

Rent % Affordability
Above $500 93.9%
Above $700 85.2%
Above $1,100 64.6%
Above $1,500 42.9%
Above $1,900 28.2%
HOUSEHOLD INCOME RANGE

Approximately 151 of households in this neighborhood have a total annual income of $58,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,453 per month.

MINIMUM INCOME RANGE : $58,120

Income % Distribution
<$20K 6.1%
$20K-$35K 19.1%
$35K-$60K 31.9%
$60K-$100K 26.4%
>=$100K 16.5%
COMMUTE TIME DISTRIBUTION

53% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 27% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.7%
5-9 mins 4.5%
10-14 mins 13.9%
15-19 mins 11.9%
20-29 mins 25.6%
30-44 mins 15.9%
45-59 mins 19.4%
>60 mins 7.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 11% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,453 per month.

MY RENT : $1,453 MEDIAN RENT : $1,158

Rent % Distribution
$500-699 0.0%
$700-899 11.0%
$900-999 21.2%
$1,000-1,499 63.0%
>=$1,500 4.8%
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 $1,453 would therefore be considered affordable for annual household incomes greater than $58,120 (12 months x 3.333 x $1,453).

Rent % Affordability
Above $500 93.9%
Above $700 85.2%
Above $1,100 64.6%
Above $1,500 42.9%
Above $1,900 28.2%
HOUSEHOLD INCOME RANGE

Approximately 151 of households in this neighborhood have a total annual income of $58,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,453 per month.

MINIMUM INCOME RANGE : $58,120

Income % Distribution
<$20K 6.1%
$20K-$35K 19.1%
$35K-$60K 31.9%
$60K-$100K 26.4%
>=$100K 16.5%
COMMUTE TIME DISTRIBUTION

53% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 27% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.7%
5-9 mins 4.5%
10-14 mins 13.9%
15-19 mins 11.9%
20-29 mins 25.6%
30-44 mins 15.9%
45-59 mins 19.4%
>60 mins 7.1%

Round Lake Beach Channel Demographics

INDUSTRY

Industry % Distribution
Administrative Support 6.7%
Arts & Entertainment 18.1%
Construction 12.5%
Educational Services 6.5%
Manufacturing 20.8%
Retail & Wholesale Trader 17.8%
Other 17.5%
AGE DISTRIBUTION

48% of the population is between the ages of 25 and 64, 47% is 24 or younger and 6% is 65 or older.

Age % Distribution
<15 30.9%
15-19 7.2%
20-24 8.7%
25-44 29.6%
45-65 18.2%
66+ 5.5%
OCCUPATION

Occupation % Distribution
Clean 5.3%
Education 10.6%
Management, Business, & Financial 8.5%
Natural Resources Maintenance 6.3%
Production & Transportation 34.5%
Sales & Office 20.1%
Other 14.8%
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 7.4%
High School 38.4%
Masters Degree 3.2%
Some College 13.0%
Some High School 35.5%
Other 2.5%

319 Beachview Dr Comps

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319 Beachview Dr, Round Lake Beach, IL 60073 is a single family home of 1,080 sqft. HomeUnion INVESTimateĀ® for 319 Beachview Dr includes a Price Estimate of $107,479 and a Rent Estimate of $1,453. This single family home has 5 bedrooms,2 bathrooms, and was built in 1998. This property has an estimated 15 year annualized Yield of 16.22% and Total Return of 29.70%. The estimated 1 year forecast in home value for 319 Beachview Dr is 4.88%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , LAKE County , or the 60073 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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