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.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 6.30% |
| Two Bedrooms | 33.10% |
| Three Bedrooms | 42.10% |
| Four Bedrooms | 16.30% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.8 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $124,900 |
| Median Price asked for vacant units | $131,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.63 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.80% |
| Home Equity Loan | 11.10% |
| Simple Mortgage | 48.70% |
| Debt Free | 33.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.6% |
