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Gillespie, IL Real Estate


According to census data in the year 2000 there were 1,536 housing units in Gillespie. This represents a 1.6% decline from 1,561 in 1990.

Of those housing units, 1,529 were located in either urbanized areas or urban clusters, and 7 were located in what is classified as a rural area.

Homeownership rate in Gillespie is about 76.4%. Gillespie's vacancy rate, including seasonal lodging, is about 6.5%. Average household size is 2.33 people.

The majority of houses, apartments or condos in Gillespie were built after 1944.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom6.10%
Two Bedrooms42.50%
Three Bedrooms42.70%
Four Bedrooms8.70%
Five Bedrooms or more0%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size2.26
Median year structure was built1939
Median Value of occupied units$55,700
Median Price asked for vacant units$47,800

Rented Homes, Apartments and Condos

Average Household Size2.56
Median year structure was built1957
Median Monthly Rent asked for vacant units$405

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.60%
Home Equity Loan5.20%
Simple Mortgage43.40%
Debt Free48.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.3%