Oakbrook Terrace, IL Real Estate

According to census data in the year 2000 there were 1,348 housing units in Oakbrook Terrace. This represents a 55.5% growth from 867 in 1990.

Of those housing units, 1,348 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Oakbrook Terrace is about 40.3%. Oakbrook Terrace's vacancy rate, including seasonal lodging, is about 7.9%. Average household size is 1.93 people.

The majority of houses, apartments or condos in Oakbrook Terrace were built after 1974.


Housing Size

Housing Units by Size
Studio Type4.50%
One Bedroom38.70%
Two Bedrooms19.70%
Three Bedrooms26.70%
Four Bedrooms7.90%
Five Bedrooms or more2.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.5
Median year structure was built1967
Median Value of occupied units$170,700
Median Price asked for vacant units$162,500

Rented Homes, Apartments and Condos

Average Household Size1.55
Median year structure was built1976
Median Monthly Rent asked for vacant units$962

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage17.30%
Home Equity Loan10.70%
Simple Mortgage29.40%
Debt Free42.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.4%