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Lily Lake, IL Real Estate


According to census data in the year 2000 there were 266 housing units in Lily Lake.

Of those housing units, 247 were located in either urbanized areas or urban clusters, and 19 were located in what is classified as a rural area.

Homeownership rate in Lily Lake is about 92.3%. Lily Lake's vacancy rate, including seasonal lodging, is about 2.3%. Average household size is 3.21 people.

The majority of houses, apartments or condos in Lily Lake were built after 1978.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0.80%
Two Bedrooms8.60%
Three Bedrooms48.90%
Four Bedrooms38%
Five Bedrooms or more3.80%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size3.35
Median year structure was built1978
Median Value of occupied units$195,800
Median Price asked for vacant units$162,500

Rented Homes, Apartments and Condos

Average Household Size1.5
Median year structure was built1991

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.80%
Home Equity Loan15%
Simple Mortgage64.50%
Debt Free13.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs22.6%