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Bay View Gardens, IL Real Estate


According to census data in the year 2000 there were 144 housing units in Bay View Gardens. This represents a 5.3% decline from 152 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 144 were located in what is classified as a rural area.

Homeownership rate in Bay View Gardens is about 74.1%. Bay View Gardens's vacancy rate, including seasonal lodging, is about 3.5%. Average household size is 2.6 people.

The majority of houses, apartments or condos in Bay View Gardens were built after 1960.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom8.30%
Two Bedrooms38.90%
Three Bedrooms41.70%
Four Bedrooms7.60%
Five Bedrooms or more3.50%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.7
Median year structure was built1959
Median Value of occupied units$70,400
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1962
Median Monthly Rent asked for vacant units$475

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.10%
Home Equity Loan12.20%
Simple Mortgage41.80%
Debt Free38.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.5%