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Washington Park, IL Real Estate


According to census data in the year 2000 there were 2,007 housing units in Washington Park. This represents a 22.7% decline from 2,597 in 1990.

Of those housing units, 2,007 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Washington Park is about 57%. Washington Park's vacancy rate, including seasonal lodging, is about 15.7%. Average household size is 3.15 people.

The majority of houses, apartments or condos in Washington Park were built after 1957.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom12.20%
Two Bedrooms42.50%
Three Bedrooms36.20%
Four Bedrooms5.30%
Five Bedrooms or more3.90%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size3.21
Median year structure was built1952
Median Value of occupied units$33,700
Median Price asked for vacant units$9,999

Rented Homes, Apartments and Condos

Average Household Size3.09
Median year structure was built1962
Median Monthly Rent asked for vacant units$354

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.50%
Home Equity Loan8.10%
Simple Mortgage39.70%
Debt Free46.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs22.1%