Long Grove, IL Real Estate

According to census data in the year 2000 there were 1,939 housing units in Long Grove. This represents a 36.5% growth from 1,421 in 1990.

Of those housing units, 1,939 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Long Grove is about 97%. Long Grove's vacancy rate, including seasonal lodging, is about 2.5%. Average household size is 3.33 people.

The majority of houses, apartments or condos in Long Grove were built after 1986.


Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom0%
Two Bedrooms3.40%
Three Bedrooms20.50%
Four Bedrooms50.60%
Five Bedrooms or more24.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.37
Median year structure was built1986
Median Value of occupied units$555,400
Median Price asked for vacant units$450,000

Rented Homes, Apartments and Condos

Average Household Size1.79
Median year structure was built1953

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.10%
Home Equity Loan16.70%
Simple Mortgage57%
Debt Free18.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20.7%