Lake Catherine, IL Real Estate
According to census data in the year 2000 there were 719 housing units in Lake Catherine.
This represents a 2.8% decline from 740 in 1990.
Of those housing units, 719 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lake Catherine is about 81.6%.
Lake Catherine's vacancy rate, including seasonal lodging, is about 24.5%.
Average household size is 2.65 people.
The majority of houses, apartments or condos in Lake Catherine were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 7.10% |
| Two Bedrooms | 30.60% |
| Three Bedrooms | 46% |
| Four Bedrooms | 11% |
| Five Bedrooms or more | 4% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.81 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $139,500 |
| Median Price asked for vacant units | $262,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.97 |
| Median year structure was built | 1957 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.60% |
| Home Equity Loan | 11.80% |
| Simple Mortgage | 51.60% |
| Debt Free | 29% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 24.4% |
