Machesney Park, IL Real Estate

According to census data in the year 2000 there were 7,913 housing units in Machesney Park. This represents a 17.7% growth from 6,723 in 1990.

Of those housing units, 7,909 were located in either urbanized areas or urban clusters, and 4 were located in what is classified as a rural area.

Homeownership rate in Machesney Park is about 83.5%. Machesney Park's vacancy rate, including seasonal lodging, is about 2.5%. Average household size is 2.68 people.

The majority of houses, apartments or condos in Machesney Park were built after 1970.


Housing Size

Housing Units by Size
Studio Type0.10%
One Bedroom6.10%
Two Bedrooms21.30%
Three Bedrooms57.10%
Four Bedrooms14.20%
Five Bedrooms or more1.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.72
Median year structure was built1970
Median Value of occupied units$90,400
Median Price asked for vacant units$84,000

Rented Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1967
Median Monthly Rent asked for vacant units$538

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage11.20%
Home Equity Loan10.80%
Simple Mortgage57.60%
Debt Free20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.1%