Elk Grove Village, IL Real Estate

According to census data in the year 2000 there were 13,457 housing units in Elk Grove Village. This represents a 8.4% growth from 12,416 in 1990.

Of those housing units, 13,457 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Elk Grove Village is about 76.6%. Elk Grove Village's vacancy rate, including seasonal lodging, is about 1.7%. Average household size is 2.61 people.

The majority of houses, apartments or condos in Elk Grove Village were built after 1973.


Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom12.30%
Two Bedrooms23.20%
Three Bedrooms38.50%
Four Bedrooms21.40%
Five Bedrooms or more3.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.79
Median year structure was built1973
Median Value of occupied units$189,400
Median Price asked for vacant units$208,300

Rented Homes, Apartments and Condos

Average Household Size2.03
Median year structure was built1974
Median Monthly Rent asked for vacant units$742

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage5.80%
Home Equity Loan12.40%
Simple Mortgage58.70%
Debt Free22.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.8%