Glencoe, IL Real Estate

According to census data in the year 2000 there were 3,224 housing units in Glencoe. This represents a 2.1% growth from 3,159 in 1990.

Of those housing units, 3,224 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Glencoe is about 92.1%. Glencoe's vacancy rate, including seasonal lodging, is about 4.3%. Average household size is 2.86 people.

The majority of houses, apartments or condos in Glencoe were built after 1951.


Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom2.30%
Two Bedrooms9.90%
Three Bedrooms26.70%
Four Bedrooms32.90%
Five Bedrooms or more27.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.88
Median year structure was built1951
Median Value of occupied units$667,000
Median Price asked for vacant units$773,400

Rented Homes, Apartments and Condos

Average Household Size2.64
Median year structure was built1939
Median Monthly Rent asked for vacant units$893

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage3.70%
Home Equity Loan9.90%
Simple Mortgage52.30%
Debt Free33.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.1%