Morton Grove, IL Real Estate

According to census data in the year 2000 there were 8,299 housing units in Morton Grove. This represents a 0.7% growth from 8,242 in 1990.

Of those housing units, 8,299 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Morton Grove is about 94.5%. Morton Grove's vacancy rate, including seasonal lodging, is about 1.2%. Average household size is 2.7 people.

The majority of houses, apartments or condos in Morton Grove were built after 1958.


Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom5.40%
Two Bedrooms20.90%
Three Bedrooms54.70%
Four Bedrooms15.10%
Five Bedrooms or more3.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.71
Median year structure was built1958
Median Value of occupied units$217,100
Median Price asked for vacant units$162,500

Rented Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1955
Median Monthly Rent asked for vacant units$1,125

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage5.10%
Home Equity Loan10.30%
Simple Mortgage45.30%
Debt Free39%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.4%