North Chicago, IL Real Estate
According to census data in the year 2000 there were 8,355 housing units in North Chicago.
This represents a 5.4% growth from 7,925 in 1990.
Of those housing units, 8,355 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in North Chicago is about 36%.
North Chicago's vacancy rate, including seasonal lodging, is about 8.2%.
Average household size is 3.09 people.
The majority of houses, apartments or condos in North Chicago were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.70% |
| One Bedroom | 19.60% |
| Two Bedrooms | 32.20% |
| Three Bedrooms | 31.30% |
| Four Bedrooms | 13.30% |
| Five Bedrooms or more | 2% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.18 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $100,400 |
| Median Price asked for vacant units | $99,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.04 |
| Median year structure was built | 1967 |
| Median Monthly Rent asked for vacant units | $592 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 9% |
| Home Equity Loan | 9.30% |
| Simple Mortgage | 56.40% |
| Debt Free | 24.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 24.8% |
