New Grand Chain, IL Real Estate
According to census data in the year 2000 there were 115 housing units in New Grand Chain.
This represents a 0.9% decline from 116 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 115 were located in what is classified as a rural area.
Homeownership rate in New Grand Chain is about 76.8%.
New Grand Chain's vacancy rate, including seasonal lodging, is about 17.4%.
Average household size is 2.4 people.
The majority of houses, apartments or condos in New Grand Chain were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.80% |
| Two Bedrooms | 38.30% |
| Three Bedrooms | 33% |
| Four Bedrooms | 17.40% |
| Five Bedrooms or more | 3.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $43,100 |
| Median Price asked for vacant units | $22,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.05 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $300 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 61.70% |
| Debt Free | 38.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.8% |
