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33695 N Lake Shore Dr PROPERTY INFO
FACTS
- Built In 1975
- Price/Sqft : $136.44
CONSTRUCTION
- Beds : 3
- Floor Size : 1,483 sqft
- Baths : 2 Full
33695 N Lake Shore Dr SCHOOLS
Financial Details
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Allen Farm
Neighborhood : Allen Farm
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 36% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,636 per month.
MY RENT : $1,636 MEDIAN RENT : $1,324
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 $1,636 would therefore be considered affordable for annual household incomes greater than $65,440 (12 months x 3.333 x $1,636).
HOUSEHOLD INCOME RANGE
Approximately 23 of households in this neighborhood have a total annual income of $65,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,636 per month.
MINIMUM INCOME RANGE : $65,440
COMMUTE TIME DISTRIBUTION
61% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.
Allen Farm Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Administrative Support | 7.7% |
Arts & Entertainment | 14.3% |
Construction | 15.4% |
Health Care & Social Assistance | 8.8% |
Manufacturing | 14.3% |
Retail & Wholesale Trader | 13.2% |
Other | 26.4% |
AGE DISTRIBUTION
56% of the population is between the ages of 25 and 64, 36% is 24 or younger and 8% is 65 or older.
Age | % Distribution |
---|---|
<15 | 19.0% |
15-19 | 7.1% |
20-24 | 10.3% |
25-44 | 21.7% |
45-65 | 34.2% |
66+ | 7.6% |
OCCUPATION
Occupation | % Distribution |
---|---|
Clean | 7.7% |
Healthcare | 7.7% |
Management, Business, & Financial | 15.4% |
Natural Resources Maintenance | 13.8% |
Production & Transportation | 12.3% |
Sales & Office | 21.5% |
Other | 21.5% |
HIGHEST EDUCATION LEVEL
17% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 8.0% |
High School | 35.7% |
Masters Degree | 6.2% |
Some College | 25.9% |
Some High School | 10.7% |
Other | 13.4% |
33695 N Lake Shore Dr Comps
33695 N Lake Shore Dr, Grayslake, IL 60030 is a single family home of 1,483 sqft. HomeUnion INVESTimateĀ® for 33695 N Lake Shore Dr includes a Price Estimate of $202,342 and a Rent Estimate of $1,636. This single family home has 3 bedrooms,2 bathrooms, and was built in 1975. This property has an estimated 15 year annualized Yield of 9.70% and Total Return of 19.22%. The estimated 1 year forecast in home value for 33695 N Lake Shore Dr is 3.67%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , LAKE County , or the 60030 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2