Lakewood Shores, IL Real Estate
According to census data in the year 2000 there were 558 housing units in Lakewood Shores.
This represents a 1.8% growth from 548 in 1990.
Of those housing units, 558 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lakewood Shores is about 89.5%.
Lakewood Shores's vacancy rate, including seasonal lodging, is about 9.9%.
Average household size is 3.05 people.
The majority of houses, apartments or condos in Lakewood Shores were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 3.90% |
| Two Bedrooms | 26.50% |
| Three Bedrooms | 51.10% |
| Four Bedrooms | 16.10% |
| Five Bedrooms or more | 2.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.98 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $107,100 |
| Median Price asked for vacant units | $80,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.66 |
| Median year structure was built | 1958 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 15.80% |
| Home Equity Loan | 9.90% |
| Simple Mortgage | 48.20% |
| Debt Free | 26% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.6% |
