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River Grove, IL Real Estate


According to census data in the year 2000 there were 4,484 housing units in River Grove. This represents a 1.2% growth from 4,433 in 1990.

Of those housing units, 4,484 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in River Grove is about 58.6%. River Grove's vacancy rate, including seasonal lodging, is about 2.3%. Average household size is 2.41 people.

The majority of houses, apartments or condos in River Grove were built after 1959.

Statistics

Housing Size

Housing Units by Size
Studio Type1.70%
One Bedroom19.60%
Two Bedrooms41.80%
Three Bedrooms29.90%
Four Bedrooms5.60%
Five Bedrooms or more1.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1955
Median Value of occupied units$149,800
Median Price asked for vacant units$76,900

Rented Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1964
Median Monthly Rent asked for vacant units$648

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.20%
Home Equity Loan6.70%
Simple Mortgage50.70%
Debt Free35.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs21.1%