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.


Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom7.10%
Two Bedrooms30.60%
Three Bedrooms46%
Four Bedrooms11%
Five Bedrooms or more4%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.81
Median year structure was built1954
Median Value of occupied units$139,500
Median Price asked for vacant units$262,500

Rented Homes, Apartments and Condos

Average Household Size1.97
Median year structure was built1957
Median Monthly Rent asked for vacant units$425

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.60%
Home Equity Loan11.80%
Simple Mortgage51.60%
Debt Free29%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs24.4%