Grant Park, IL Real Estate

According to census data in the year 2000 there were 523 housing units in Grant Park. This represents a 32.4% growth from 395 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 523 were located in what is classified as a rural area.

Homeownership rate in Grant Park is about 72.5%. Grant Park's vacancy rate, including seasonal lodging, is about 4%. Average household size is 2.75 people.

The majority of houses, apartments or condos in Grant Park were built after 1963.


Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom6.30%
Two Bedrooms33.10%
Three Bedrooms42.10%
Four Bedrooms16.30%
Five Bedrooms or more1.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.8
Median year structure was built1962
Median Value of occupied units$124,900
Median Price asked for vacant units$131,300

Rented Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1965
Median Monthly Rent asked for vacant units$425

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.80%
Home Equity Loan11.10%
Simple Mortgage48.70%
Debt Free33.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.6%