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Blue Island, IL Real Estate


According to census data in the year 2000 there were 8,692 housing units in Blue Island. This represents a 1.1% growth from 8,600 in 1990.

Of those housing units, 8,692 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Blue Island is about 54.4%. Blue Island's vacancy rate, including seasonal lodging, is about 5.7%. Average household size is 2.84 people.

The majority of houses, apartments or condos in Blue Island were built after 1954.

Statistics

Housing Size

Housing Units by Size
Studio Type3.60%
One Bedroom19.10%
Two Bedrooms38.90%
Three Bedrooms26.20%
Four Bedrooms9.40%
Five Bedrooms or more2.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.23
Median year structure was built1944
Median Value of occupied units$99,400
Median Price asked for vacant units$91,100

Rented Homes, Apartments and Condos

Average Household Size2.38
Median year structure was built1961
Median Monthly Rent asked for vacant units$498

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage7.30%
Home Equity Loan4.40%
Simple Mortgage52.60%
Debt Free35.50%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20.1%