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Chenoa, IL Real Estate


According to census data in the year 2000 there were 772 housing units in Chenoa. This represents a 8.4% growth from 712 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 772 were located in what is classified as a rural area.

Homeownership rate in Chenoa is about 81.8%. Chenoa's vacancy rate, including seasonal lodging, is about 7.4%. Average household size is 2.59 people.

The majority of houses, apartments or condos in Chenoa were built after 1954.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom5.80%
Two Bedrooms29.70%
Three Bedrooms46.10%
Four Bedrooms14.10%
Five Bedrooms or more4.30%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.76
Median year structure was built1954
Median Value of occupied units$74,800
Median Price asked for vacant units$57,700

Rented Homes, Apartments and Condos

Average Household Size1.87
Median year structure was built1952
Median Monthly Rent asked for vacant units$300

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage8.10%
Home Equity Loan3.60%
Simple Mortgage49.80%
Debt Free38.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16%