University Park, IL Real Estate

According to census data in the year 2000 there were 2,348 housing units in University Park. This represents a 5.4% growth from 2,227 in 1990.

Of those housing units, 2,115 were located in either urbanized areas or urban clusters, and 233 were located in what is classified as a rural area.

Homeownership rate in University Park is about 58.5%. University Park's vacancy rate, including seasonal lodging, is about 6%. Average household size is 2.99 people.

The majority of houses, apartments or condos in University Park were built after 1974.


Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom12.20%
Two Bedrooms20.40%
Three Bedrooms48.30%
Four Bedrooms15.30%
Five Bedrooms or more2.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.36
Median year structure was built1974
Median Value of occupied units$94,000
Median Price asked for vacant units$97,800

Rented Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1973
Median Monthly Rent asked for vacant units$589

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1%
Second Mortgage13.50%
Home Equity Loan5.20%
Simple Mortgage69.70%
Debt Free10.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20.1%