Chester, IL Real Estate
According to census data in the year 2000 there were 2,195 housing units in Chester.
This represents a 2.3% decline from 2,247 in 1990.
Of those housing units, 2,104 were located in either urbanized areas or urban clusters, and 91 were located in what is classified as a rural area.
Homeownership rate in Chester is about 74.6%.
Chester's vacancy rate, including seasonal lodging, is about 8.8%.
Average household size is 2.33 people.
The majority of houses, apartments or condos in Chester were built after 1953.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 8.40% |
| Two Bedrooms | 36.90% |
| Three Bedrooms | 36.60% |
| Four Bedrooms | 13.60% |
| Five Bedrooms or more | 3.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.45 |
| Median year structure was built | 1949 |
| Median Value of occupied units | $60,900 |
| Median Price asked for vacant units | $73,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2 |
| Median year structure was built | 1962 |
| Median Monthly Rent asked for vacant units | $268 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.50% |
| Home Equity Loan | 4.60% |
| Simple Mortgage | 40.50% |
| Debt Free | 46.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.4% |
