Grandwood Park, IL Real Estate
According to census data in the year 2000 there were 1,606 housing units in Grandwood Park.
This represents a 80.2% growth from 891 in 1990.
Of those housing units, 1,606 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Grandwood Park is about 86.1%.
Grandwood Park's vacancy rate, including seasonal lodging, is about 2.1%.
Average household size is 2.85 people.
The majority of houses, apartments or condos in Grandwood Park were built after 1990.
|Housing Units by Size|
|Five Bedrooms or more||5.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.93|
|Median year structure was built||1991|
|Median Value of occupied units||$165,500|
|Median Price asked for vacant units||$275,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.39|
|Median year structure was built||1977|
|Median Monthly Rent asked for vacant units||$1,125|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||17.40%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||22.9%|