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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

618 King Ct East Dundee, IL 60118

2 Beds 2 Baths 1,600 sqft Built 1996
Last updated:  Nov 28, 2019

INVESTimate

$181,934

$169K - $195K

Price Est.

$1,663

$1.5K - $1.9K

Rent Est.

$188,666  ( +3.7%)   1 YR EST. FORECAST
  
  
  

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618 King Ct PROPERTY INFO

FACTS
  • Built In 1996
  • Price/Sqft : $113.71
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,600 sqft
  • Baths : 2 Full

618 King Ct SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
PARKVIEW ELEMENTARY SCHOOL Primary Regular 529 25 3
CARPENTERSVILLE MIDDLE SCHOOL Middle Regular 708 47 3
DUNDEE-CROWN HIGH SCHOOL High Regular 2,512 125 3

PARKVIEW ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 529
  • # of teachers: 25
3
GreatSchools Rating

CARPENTERSVILLE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 708
  • # of teachers: 47
3
GreatSchools Rating

DUNDEE-CROWN HIGH SCHOOL

  • Education Level: High
  • # of students: 2,512
  • # of teachers: 125
3
GreatSchools Rating
 

Financial Details

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Neighborhood

DUNDEE

  • 14,278

    POPULATION
  • 5,609

    HOUSEHOLDS
  • 71.5%

    WHITE COLLAR

Neighborhood : DUNDEE

HOUSEHOLDS
5,609
POPULATION

14,278

24.8%Renters
75.2%Home Owners
LABOR FORCE

 

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

Approximately 98% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,663 per month.

MY RENT : $1,663 MEDIAN RENT : $1,710

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 1.5%
>=$1,500 98.5%
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 $1,663 would therefore be considered affordable for annual household incomes greater than $66,520 (12 months x 3.333 x $1,663).

Rent % Affordability
Above $500 91.8%
Above $700 86.3%
Above $1,100 75.3%
Above $1,500 64.1%
Above $1,900 54.6%
HOUSEHOLD INCOME RANGE

Approximately 2,724 of households in this neighborhood have a total annual income of $66,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,663 per month.

MINIMUM INCOME RANGE : $66,520

Income % Distribution
<$20K 8.2%
$20K-$35K 10.4%
$35K-$60K 17.3%
$60K-$100K 23.3%
>=$100K 40.8%
COMMUTE TIME DISTRIBUTION

53% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 25% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.0%
5-9 mins 9.2%
10-14 mins 10.5%
15-19 mins 14.4%
20-29 mins 17.1%
30-44 mins 21.5%
45-59 mins 12.5%
>60 mins 12.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 98% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,663 per month.

MY RENT : $1,663 MEDIAN RENT : $1,710

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 1.5%
>=$1,500 98.5%
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 $1,663 would therefore be considered affordable for annual household incomes greater than $66,520 (12 months x 3.333 x $1,663).

Rent % Affordability
Above $500 91.8%
Above $700 86.3%
Above $1,100 75.3%
Above $1,500 64.1%
Above $1,900 54.6%
HOUSEHOLD INCOME RANGE

Approximately 2,724 of households in this neighborhood have a total annual income of $66,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,663 per month.

MINIMUM INCOME RANGE : $66,520

Income % Distribution
<$20K 8.2%
$20K-$35K 10.4%
$35K-$60K 17.3%
$60K-$100K 23.3%
>=$100K 40.8%
COMMUTE TIME DISTRIBUTION

53% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 25% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.0%
5-9 mins 9.2%
10-14 mins 10.5%
15-19 mins 14.4%
20-29 mins 17.1%
30-44 mins 21.5%
45-59 mins 12.5%
>60 mins 12.9%

DUNDEE Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 10.5%
Educational Services 7.4%
Financial Industries 7.6%
Manufacturing 16.4%
Professional & Scientific Tech Services 8.3%
Retail & Wholesale Trader 16.6%
Other 33.1%
AGE DISTRIBUTION

56% of the population is between the ages of 25 and 64, 28% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 17.2%
15-19 5.4%
20-24 5.6%
25-44 22.9%
45-65 32.6%
66+ 16.3%
OCCUPATION

Occupation % Distribution
Computer Engineering 9.6%
Construction 4.9%
Management, Business, & Financial 24.7%
Natural Resources Maintenance 8.6%
Production & Transportation 9.9%
Sales & Office 27.3%
Other 15.2%
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 8.4%
High School 22.9%
Masters Degree 10.5%
Some College 23.2%
Some High School 4.9%
Other 30.1%

618 King Ct Comps

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618 King Ct, East Dundee, IL 60118 is a single family home of 1,600 sqft. HomeUnion INVESTimateĀ® for 618 King Ct includes a Price Estimate of $181,934 and a Rent Estimate of $1,663. This single family home has 2 bedrooms,2 bathrooms, and was built in 1996. This property has an estimated 15 year annualized Yield of 10.97% and Total Return of 21.05%. The estimated 1 year forecast in home value for 618 King Ct is 3.7%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , KANE County , or the 60118 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Browse other real estate investments on King Ct

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Nearest zipcodes within 2 miles

  1. 60110
  2. 60010
  3. 60411