INVESTimate
$73,274
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900 James St PROPERTY INFO
FACTS
- Built In 1982
- Price/Sqft : $139.09
CONSTRUCTION
- Beds : 3
- Floor Size : 1,676 sqft
- Baths : 2 Full 1 Half
900 James St SCHOOLS
Financial Details
See Financial Details
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SOUTH ELGIN
Neighborhood : SOUTH ELGIN
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 $1,632 per month.
MY RENT : $1,632 MEDIAN RENT : $1,683
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 $1,632 would therefore be considered affordable for annual household incomes greater than $65,280 (12 months x 3.333 x $1,632).
HOUSEHOLD INCOME RANGE
Approximately 4,137 of households in this neighborhood have a total annual income of $65,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,632 per month.
MINIMUM INCOME RANGE : $65,280
COMMUTE TIME DISTRIBUTION
53% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 27% has a commute time of 45 minutes or longer.
SOUTH ELGIN Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 6.7% |
Construction | 7.0% |
Educational Services | 8.6% |
Health Care & Social Assistance | 12.6% |
Manufacturing | 17.6% |
Retail & Wholesale Trader | 14.4% |
Other | 33.1% |
AGE DISTRIBUTION
55% of the population is between the ages of 25 and 64, 36% is 24 or younger and 9% is 65 or older.
Age | % Distribution |
---|---|
<15 | 23.0% |
15-19 | 7.6% |
20-24 | 5.5% |
25-44 | 24.6% |
45-65 | 30.0% |
66+ | 9.3% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 7.1% |
Healthcare | 6.3% |
Management, Business, & Financial | 23.5% |
Natural Resources Maintenance | 7.6% |
Production & Transportation | 12.5% |
Sales & Office | 26.2% |
Other | 16.8% |
HIGHEST EDUCATION LEVEL
20% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 9.0% |
High School | 24.9% |
Masters Degree | 9.2% |
Some College | 22.0% |
Some High School | 8.4% |
Other | 26.5% |
900 James St Comps
900 James St, South Elgin, IL 60177 is a single family home of 1,676 sqft. HomeUnion INVESTimateĀ® for 900 James St includes a Price Estimate of $233,109 and a Rent Estimate of $1,632. This single family home has 3 bedrooms,3 bathrooms, and was built in 1982. This property has an estimated 15 year annualized Yield of 8.40% and Total Return of 12.90%. The estimated 1 year forecast in home value for 900 James St is 1.52%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , KANE County , or the 60177 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2