INVESTimate
$62,915
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33970 N Glen Dr PROPERTY INFO
FACTS
- Built In 1940
- Price/Sqft : $183.73
CONSTRUCTION
- Beds : 0
- Floor Size : 1,056 sqft
- Baths : 1 Full
33970 N Glen Dr SCHOOLS
Financial Details
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Deckers Gages Lake
Neighborhood : Deckers Gages Lake
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 78% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,163 per month.
MY RENT : $1,163 MEDIAN RENT : $1,350
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 $1,163 would therefore be considered affordable for annual household incomes greater than $46,520 (12 months x 3.333 x $1,163).
HOUSEHOLD INCOME RANGE
Approximately 57 of households in this neighborhood have a total annual income of $46,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,163 per month.
MINIMUM INCOME RANGE : $46,520
COMMUTE TIME DISTRIBUTION
62% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.
Deckers Gages Lake Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Administrative Support | 7.4% |
Arts & Entertainment | 13.9% |
Construction | 15.6% |
Health Care & Social Assistance | 8.2% |
Manufacturing | 13.9% |
Retail & Wholesale Trader | 13.9% |
Other | 27.0% |
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 | 18.8% |
15-19 | 6.8% |
20-24 | 10.4% |
25-44 | 21.6% |
45-65 | 34.8% |
66+ | 7.6% |
OCCUPATION
Occupation | % Distribution |
---|---|
Clean | 8.0% |
Healthcare | 8.0% |
Management, Business, & Financial | 16.1% |
Natural Resources Maintenance | 13.8% |
Production & Transportation | 11.5% |
Sales & Office | 23.0% |
Other | 19.5% |
HIGHEST EDUCATION LEVEL
18% 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 | 34.9% |
Masters Degree | 6.3% |
Some College | 25.7% |
Some High School | 10.9% |
Other | 14.3% |
33970 N Glen Dr Comps
33970 N Glen Dr, Grayslake, IL 60030 is a single family home of 1,056 sqft. HomeUnion INVESTimateĀ® for 33970 N Glen Dr includes a Price Estimate of $194,019 and a Rent Estimate of $1,163. This single family home has 0 bedrooms,1 bathrooms, and was built in 1940. This property has an estimated 15 year annualized Yield of 7.19% and Total Return of 13.13%. The estimated 1 year forecast in home value for 33970 N Glen 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