Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

3207 Arbor Ln Prairie Grove, IL 60012

4 Beds 0 Baths 5,087 sqft Built 2003
Last updated:  Nov 28, 2019

INVESTimate

$500,766

$491K - $511K

Price Est.

$3,281

$3.1K - $3.5K

Rent Est.

$512,083  ( +2.26%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1808 ASHBOROUGH WAY SE Marietta, GA
    • 2 beds 2 baths ∙ 1,252 Sqft ∙ Built 1973 ∙ 1units 2 beds 2 baths ∙ 1,252 Sqft ∙ Built 1973 ∙ 1units
    AVAILABLE fmls
    • 15.60% GROSS YIELD
    • $5,557 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $100,000
    • $32,250
    • $1,300
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,563 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 1339 HOLBECH LANE Channelview, TX
    • 3 beds 2 baths ∙ 1,538 Sqft ∙ Built 1980 ∙ 1units 3 beds 2 baths ∙ 1,538 Sqft ∙ Built 1980 ∙ 1units
    AVAILABLE
    • 14.73% GROSS YIELD
    • $7,387 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $110,000
    • $34,900
    • $1,350

3207 Arbor Ln PROPERTY INFO

FACTS
  • Built In 2003
  • Price/Sqft : $98.44
CONSTRUCTION
  • Beds : 4
  • Floor Size : 5,087 sqft
  • Baths : 0 Full

3207 Arbor Ln SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
PRAIRIE GROVE ELEMENTARY SCHOOL Primary Regular 545 40 8
PRAIRIE GROVE JUNIOR HIGH SCHOOL Middle Regular 363 24 9
PRAIRIE RIDGE HIGH SCHOOL High Regular 1,646 90 9

PRAIRIE GROVE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 545
  • # of teachers: 40
8
GreatSchools Rating

PRAIRIE GROVE JUNIOR HIGH SCHOOL

  • Education Level: Middle
  • # of students: 363
  • # of teachers: 24
9
GreatSchools Rating

PRAIRIE RIDGE HIGH SCHOOL

  • Education Level: High
  • # of students: 1,646
  • # of teachers: 90
9
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

Timberhill

  • 193

    POPULATION
  • 62

    HOUSEHOLDS
  • 71.5%

    WHITE COLLAR

Neighborhood : Timberhill

HOUSEHOLDS
62
POPULATION

193

26.7%Renters
73.3%Home Owners
LABOR FORCE

 

71.5%White Collar
28.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 96% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,281 per month.

MY RENT : $3,281 MEDIAN RENT : $3,248

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 3.9%
>=$1,500 96.1%
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 $3,281 would therefore be considered affordable for annual household incomes greater than $131,240 (12 months x 3.333 x $3,281).

Rent % Affordability
Above $500 85.0%
Above $700 79.7%
Above $1,100 73.3%
Above $1,500 61.7%
Above $1,900 52.9%
HOUSEHOLD INCOME RANGE

Approximately 12 of households in this neighborhood have a total annual income of $131,240 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,281 per month.

MINIMUM INCOME RANGE : $131,240

Income % Distribution
<$20K 15.0%
$20K-$35K 8.3%
$35K-$60K 15.0%
$60K-$100K 18.3%
>=$100K 43.3%
COMMUTE TIME DISTRIBUTION

36% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 42% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 3.8%
10-14 mins 17.9%
15-19 mins 7.7%
20-29 mins 12.8%
30-44 mins 15.4%
45-59 mins 16.7%
>60 mins 25.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 96% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,281 per month.

MY RENT : $3,281 MEDIAN RENT : $3,248

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 3.9%
>=$1,500 96.1%
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 $3,281 would therefore be considered affordable for annual household incomes greater than $131,240 (12 months x 3.333 x $3,281).

Rent % Affordability
Above $500 85.0%
Above $700 79.7%
Above $1,100 73.3%
Above $1,500 61.7%
Above $1,900 52.9%
HOUSEHOLD INCOME RANGE

Approximately 12 of households in this neighborhood have a total annual income of $131,240 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,281 per month.

MINIMUM INCOME RANGE : $131,240

Income % Distribution
<$20K 15.0%
$20K-$35K 8.3%
$35K-$60K 15.0%
$60K-$100K 18.3%
>=$100K 43.3%
COMMUTE TIME DISTRIBUTION

36% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 42% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 3.8%
10-14 mins 17.9%
15-19 mins 7.7%
20-29 mins 12.8%
30-44 mins 15.4%
45-59 mins 16.7%
>60 mins 25.6%

Timberhill Demographics

INDUSTRY

Industry % Distribution
Construction 9.9%
Financial Industries 8.8%
Health Care & Social Assistance 11.0%
Manufacturing 14.3%
Professional & Scientific Tech Services 8.8%
Retail & Wholesale Trader 13.2%
Other 34.1%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 28% is 24 or younger and 20% is 65 or older.

Age % Distribution
<15 14.5%
15-19 8.3%
20-24 5.2%
25-44 17.6%
45-65 34.2%
66+ 20.2%
OCCUPATION

Occupation % Distribution
Computer Engineering 5.0%
Management, Business, & Financial 33.3%
Natural Resources Maintenance 11.7%
Production & Transportation 10.0%
Protect 3.3%
Sales & Office 25.0%
Other 11.7%
HIGHEST EDUCATION LEVEL

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

Education Level % Distribution
Associates Degree 7.1%
High School 20.5%
Masters Degree 11.8%
Professional 3.9%
Some College 28.3%
Other 28.3%

3207 Arbor Ln Comps

Sorry, we do not have sufficient data available.

3207 Arbor Ln, Prairie Grove, IL 60012 is a single family home of 5,087 sqft. HomeUnion INVESTimateĀ® for 3207 Arbor Ln includes a Price Estimate of $500,766 and a Rent Estimate of $3,281. This single family home has 4 bedrooms,0 bathrooms, and was built in 2003. This property has an estimated 15 year annualized Yield of 7.86% and Total Return of 12.91%. The estimated 1 year forecast in home value for 3207 Arbor Ln is 2.26%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , MCHENRY County , or the 60012 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Nearest zipcodes within 2 miles

  1. 60014
  2. 60013
  3. 60050
  4. 60051
  5. 60042