Addison, IL Real Estate

According to census data in the year 2000 there were 11,725 housing units in Addison. This represents a 6.3% growth from 11,025 in 1990.

Of those housing units, 11,725 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Addison is about 68.3%. Addison's vacancy rate, including seasonal lodging, is about 1.1%. Average household size is 3.06 people.

The majority of houses, apartments or condos in Addison were built after 1971.


Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom17.50%
Two Bedrooms22.60%
Three Bedrooms40.40%
Four Bedrooms15%
Five Bedrooms or more2.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.11
Median year structure was built1971
Median Value of occupied units$173,200
Median Price asked for vacant units$125,700

Rented Homes, Apartments and Condos

Average Household Size2.95
Median year structure was built1971
Median Monthly Rent asked for vacant units$642

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.60%
Second Mortgage7.60%
Home Equity Loan11.30%
Simple Mortgage50%
Debt Free30.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs21.5%