Forest Park, IL Real Estate

According to census data in the year 2000 there were 7,981 housing units in Forest Park. This represents a 2.1% growth from 7,817 in 1990.

Of those housing units, 7,981 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Forest Park is about 44.8%. Forest Park's vacancy rate, including seasonal lodging, is about 4.4%. Average household size is 2.03 people.

The majority of houses, apartments or condos in Forest Park were built after 1952.


Housing Size

Housing Units by Size
Studio Type5.20%
One Bedroom33.60%
Two Bedrooms38.30%
Three Bedrooms16.70%
Four Bedrooms4.60%
Five Bedrooms or more1.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.29
Median year structure was built1940
Median Value of occupied units$138,300
Median Price asked for vacant units$139,100

Rented Homes, Apartments and Condos

Average Household Size1.81
Median year structure was built1957
Median Monthly Rent asked for vacant units$622

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage9.40%
Home Equity Loan6%
Simple Mortgage56.60%
Debt Free27.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20%