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Chatham, IL Real Estate


According to census data in the year 2000 there were 3,162 housing units in Chatham. This represents a 50.1% growth from 2,107 in 1990.

Of those housing units, 3,094 were located in either urbanized areas or urban clusters, and 68 were located in what is classified as a rural area.

Homeownership rate in Chatham is about 86%. Chatham's vacancy rate, including seasonal lodging, is about 2.9%. Average household size is 2.77 people.

The majority of houses, apartments or condos in Chatham were built after 1979.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom2.10%
Two Bedrooms20.20%
Three Bedrooms54.50%
Four Bedrooms20.70%
Five Bedrooms or more2.50%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.88
Median year structure was built1979
Median Value of occupied units$110,300
Median Price asked for vacant units$112,500

Rented Homes, Apartments and Condos

Average Household Size2.07
Median year structure was built1977
Median Monthly Rent asked for vacant units$525

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5%
Home Equity Loan10.70%
Simple Mortgage66.60%
Debt Free17.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.5%