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 Type | 0% |
| One Bedroom | 12.20% |
| Two Bedrooms | 42.50% |
| Three Bedrooms | 36.20% |
| Four Bedrooms | 5.30% |
| Five Bedrooms or more | 3.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.21 |
| Median year structure was built | 1952 |
| Median Value of occupied units | $33,700 |
| Median Price asked for vacant units | $9,999 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.09 |
| Median year structure was built | 1962 |
| Median Monthly Rent asked for vacant units | $354 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.50% |
| Home Equity Loan | 8.10% |
| Simple Mortgage | 39.70% |
| Debt Free | 46.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.1% |
