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 Units by Size|
|Five Bedrooms or more||1.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.72|
|Median year structure was built||1970|
|Median Value of occupied units||$90,400|
|Median Price asked for vacant units||$84,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.49|
|Median year structure was built||1967|
|Median Monthly Rent asked for vacant units||$538|
Owners Finance Status
|Second Mortgage & Equity Loan||0.30%|
|Home Equity Loan||10.80%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.1%|