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River Forest, IL Real Estate


According to census data in the year 2000 there were 4,232 housing units in River Forest. This represents a 0.8% growth from 4,197 in 1990.

Of those housing units, 4,232 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 Forest is about 86.9%. River Forest's vacancy rate, including seasonal lodging, is about 3.3%. Average household size is 2.61 people.

The majority of houses, apartments or condos in River Forest were built after 1941.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom8.30%
Two Bedrooms25.10%
Three Bedrooms32.70%
Four Bedrooms24.40%
Five Bedrooms or more9.50%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.72
Median year structure was built1939
Median Value of occupied units$386,600
Median Price asked for vacant units$168,800

Rented Homes, Apartments and Condos

Average Household Size1.92
Median year structure was built1951
Median Monthly Rent asked for vacant units$1,125

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.70%
Home Equity Loan16.70%
Simple Mortgage50.70%
Debt Free27%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.5%