1. < Gilmore Lake Rd

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This page contains information about each property aggregated from public data sources, 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.

9064 Gilmore Lake Rd Columbia, IL 62236

0 Beds 0 Baths 2,020 sqft Built 1985
Last updated:  Jan 23, 2020

INVESTimate

$212,799

$205K - $221K

Price Est.

$1,291

$1.0K - $1.5K

Rent Est.

$67,892

Investment Est.

$219,779  ( +3.28%)   1 YR EST. FORECAST

9064 Gilmore Lake Rd PROPERTY INFO

FACTS
  • Built In 1985
  • Price/Sqft : $105.35
CONSTRUCTION
  • Beds : 0
  • Floor Size : 2,020 sqft
  • Baths : 0 Full
PROPERTY DESCRIPTION
9064 Gilmore Lake Rd, Columbia, IL 62236 is a single family home of 2,020 sqft. HomeUnion estimate for 9064 Gilmore Lake Rd includes a Price Estimate of $212,799 and a Rent Estimate of $1,291. This single family home has 0 bedrooms, 0 bathrooms, and was built in 1985. This property has an estimated 15 year annualized Yield of 7.28% and Total Return of 14.88%. The estimated 1 year forecast in home value for 9064 Gilmore Lake Rd is 3.28%.

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9064 Gilmore Lake Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
GARDNER ELEMENTARY SCHOOL Primary Regular 429 22 8
WATERLOO JUNIOR HIGH SCHOOL Middle Regular 630 42 9
WATERLOO HIGH SCHOOL High Regular 866 54 8

GARDNER ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 429
  • # of teachers: 22
8
GreatSchools Rating

WATERLOO JUNIOR HIGH SCHOOL

  • Education Level: Middle
  • # of students: 630
  • # of teachers: 42
9
GreatSchools Rating

WATERLOO HIGH SCHOOL

  • Education Level: High
  • # of students: 866
  • # of teachers: 54
8
GreatSchools Rating
 

Financial Details

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Neighborhood

COLUMBIA

  • 13,427

    POPULATION

  • 5,212

    HOUSEHOLDS

  • 72.8%

    WHITE COLLAR

Neighborhood : COLUMBIA

HOUSEHOLDS
5,212
POPULATION

13,427

18.2%Renters
81.8%Home Owners
LABOR FORCE

 

72.8%White Collar
27.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 34% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,291 per month.

MY RENT : $1,291 MEDIAN RENT : $1,185

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 8.6%
$900-999 12.2%
$1,000-1,499 77.3%
>=$1,500 1.9%
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 $1,291 would therefore be considered affordable for annual household incomes greater than $51,640 (12 months x 3.333 x $1,291).

Rent % Affordability
Above $500 91.3%
Above $700 85.4%
Above $1,100 72.6%
Above $1,500 62.3%
Above $1,900 53.3%
HOUSEHOLD INCOME RANGE

Approximately 3,366 of households in this neighborhood have a total annual income of $51,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,291 per month.

MINIMUM INCOME RANGE : $51,640

Income % Distribution
<$20K 8.7%
$20K-$35K 12.6%
$35K-$60K 16.3%
$60K-$100K 20.4%
>=$100K 41.9%
COMMUTE TIME DISTRIBUTION

62% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 15% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.9%
5-9 mins 8.4%
10-14 mins 9.5%
15-19 mins 11.7%
20-29 mins 20.7%
30-44 mins 29.5%
45-59 mins 11.6%
>60 mins 3.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 34% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,291 per month.

MY RENT : $1,291 MEDIAN RENT : $1,185

Rent % Distribution
$500-699 0.0%
$700-899 8.6%
$900-999 12.2%
$1,000-1,499 77.3%
>=$1,500 1.9%
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 $1,291 would therefore be considered affordable for annual household incomes greater than $51,640 (12 months x 3.333 x $1,291).

Rent % Affordability
Above $500 91.3%
Above $700 85.4%
Above $1,100 72.6%
Above $1,500 62.3%
Above $1,900 53.3%
HOUSEHOLD INCOME RANGE

Approximately 3,366 of households in this neighborhood have a total annual income of $51,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,291 per month.

MINIMUM INCOME RANGE : $51,640

Income % Distribution
<$20K 8.7%
$20K-$35K 12.6%
$35K-$60K 16.3%
$60K-$100K 20.4%
>=$100K 41.9%
COMMUTE TIME DISTRIBUTION

62% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 15% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.9%
5-9 mins 8.4%
10-14 mins 9.5%
15-19 mins 11.7%
20-29 mins 20.7%
30-44 mins 29.5%
45-59 mins 11.6%
>60 mins 3.7%
COLUMBIA Demographics
INDUSTRY

           

Industry % Distribution
Arts & Entertainment 7.8%
Educational Services 8.2%
Financial Industries 8.2%
Health Care & Social Assistance 15.5%
Manufacturing 11.7%
Retail & Wholesale Trader 13.5%
Other 35.2%
OCCUPATION

           

Occupation % Distribution
Computer Engineering 7.7%
Healthcare 7.9%
Management, Business, & Financial 24.2%
Natural Resources Maintenance 8.1%
Production & Transportation 9.6%
Sales & Office 23.9%
Other 18.5%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 33% is 24 or younger and 22% is 65 or older.

Age % Distribution
<15 18.8%
15-19 6.4%
20-24 3.8%
25-44 25.2%
45-65 29.6%
66+ 16.3%
HIGHEST EDUCATION LEVEL

12% of adults 25 and older have an education level of a bachelorâ??s degree or higher.

Education Level % Distribution
Associates Degree 8.0%
High School 27.4%
Masters Degree 9.4%
Some College 22.9%
Some High School 4.8%
Other 27.5%

COLUMBIA Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 7.8%
Educational Services 8.2%
Financial Industries 8.2%
Health Care & Social Assistance 15.5%
Manufacturing 11.7%
Retail & Wholesale Trader 13.5%
Other 35.2%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 29% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 18.8%
15-19 6.4%
20-24 3.8%
25-44 25.2%
45-65 29.6%
66+ 16.3%
OCCUPATION

Occupation % Distribution
Computer Engineering 7.7%
Healthcare 7.9%
Management, Business, & Financial 24.2%
Natural Resources Maintenance 8.1%
Production & Transportation 9.6%
Sales & Office 23.9%
Other 18.5%
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 8.0%
High School 27.4%
Masters Degree 9.4%
Some College 22.9%
Some High School 4.8%
Other 27.5%

9064 Gilmore Lake Rd Comps

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Looking for real estate investment properties in this area? You can browse additional properties and view investment data in IL , SAINT CLAIR County , or the 62236 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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Nearest zipcodes within 2 miles

  1. 62260
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