INVESTimate
$52,476
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401 N Harrison St PROPERTY INFO
FACTS
- Built In 1895
- Price/Sqft : $74.92
CONSTRUCTION
- Beds : 0
- Floor Size : 2,064 sqft
- Baths : 0 Full
401 N Harrison St SCHOOLS
Financial Details
See Financial Details
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PHILO
Neighborhood : PHILO
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 44% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,172 per month.
MY RENT : $1,172 MEDIAN RENT : $1,030
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 $1,172 would therefore be considered affordable for annual household incomes greater than $46,880 (12 months x 3.333 x $1,172).
HOUSEHOLD INCOME RANGE
Approximately 464 of households in this neighborhood have a total annual income of $46,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,172 per month.
MINIMUM INCOME RANGE : $46,880
COMMUTE TIME DISTRIBUTION
80% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 4% has a commute time of 45 minutes or longer.
PHILO Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Educational Services | 17.4% |
Financial Industries | 9.6% |
Health Care & Social Assistance | 10.8% |
Manufacturing | 7.2% |
Retail & Wholesale Trader | 16.1% |
Transportation | 5.7% |
Other | 33.3% |
AGE DISTRIBUTION
53% of the population is between the ages of 25 and 64, 33% is 24 or younger and 14% is 65 or older.
Age | % Distribution |
---|---|
<15 | 21.8% |
15-19 | 7.4% |
20-24 | 3.8% |
25-44 | 23.1% |
45-65 | 29.7% |
66+ | 14.2% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 6.7% |
Healthcare | 8.3% |
Management, Business, & Financial | 22.1% |
Natural Resources Maintenance | 8.7% |
Production & Transportation | 11.9% |
Sales & Office | 25.5% |
Other | 16.8% |
HIGHEST EDUCATION LEVEL
21% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 12.3% |
High School | 27.4% |
Masters Degree | 7.1% |
Some College | 26.5% |
Some High School | 2.5% |
Other | 24.1% |
401 N Harrison St Comps
401 N Harrison St, Philo, IL 61864 is a single family home of 2,064 sqft. HomeUnion INVESTimateĀ® for 401 N Harrison St includes a Price Estimate of $154,625 and a Rent Estimate of $1,172. This single family home has 0 bedrooms,0 bathrooms, and was built in 1895. This property has an estimated 15 year annualized Yield of 9.10% and Total Return of 16.52%. The estimated 1 year forecast in home value for 401 N Harrison St is 3.31%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , CHAMPAIGN County , or the 61864 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2