|
|
Western Springs, Illinois 60558
Western Springs is an affluent suburb of Chicago located in Cook County, Illinois. As of the 2000 census, the village had a total population of 12,493. The total area of the village is 6.8 square miles. Detached single family homes are predominant, there are few condominiums.
The Burlington Northern Railroad runs through Western Springs. Daily commuter service on that line, connecting Aurora and Chicago, is provided by Metra.
The real estate market was still strong at the end of 2007. For the year average sales prices had increased 6.96% to $672,940.00 over the 2006 average of $626,050.00. There were 119 sales in 2007, down from the 138 sales in 2006.
The average marketing time increased in 2007 to 172 days, in 2006 the average marketing time was 138 days.
According to data from the Northern Illinois MLS there were 130 active listings as of January 3, 2007. At the current level of absorption this is a 13.11 months supply of inventory. A 3 to 4 month inventory supply is considered in balance. This level of inventory is considered an oversupply.
If you are involved in the 2008 real estate market now is the time to get an appraisal. The market has changed and only the most competitively priced homes will be selling soon.
How to be sure that your listing is competitive? Get a current appraisal. Complete appraisals of single family homes and condominiums start at $275.00. this is a small price to pay for knowledge that will help you position your house in the current market.
Citywide Services provides residential appraisal service in Western Springs, Illinois 60558. Our appraisers are state certified and have experience with single family homes, town houses, condominiums as well as small residential income properties. When you need to find a real estate appraiser in Cook County contact Citywide.
To order an appraisal or to speak with an appraiser call 1-800-405-9718
Geographic Area: Western Springs, Cook County Illinois 60558
| Subject |
Number |
Percent |
|
Subject |
Number |
Percent |
|
| Total housing units |
4,465 |
100.0 |
|
OCCUPANTS PER ROOM |
|
|
| UNITS IN STRUCTURE |
|
|
|
Occupied housing units |
4,359 |
100.0 |
| 1-unit, detached |
4,171 |
93.4 |
|
1.00 or less |
4,359 |
100.0 |
| 1-unit, attached |
93 |
2.1 |
|
1.01 to 1.50 |
0 |
0.0 |
| 2 units |
98 |
2.2 |
|
1.51 or more |
0 |
0.0 |
| 3 or 4 units |
78 |
1.7 |
|
|
|
|
| 5 to 9 units |
0 |
0.0 |
|
Specified owner-occupied units |
3,980 |
100.0 |
| 10 to 19 units |
7 |
0.2 |
|
VALUE |
|
|
| 20 or more units |
18 |
0.4 |
|
Less than $50,000 |
15 |
0.4 |
| Mobile home |
0 |
0.0 |
|
$50,000 to $99,999 |
19 |
0.5 |
| Boat, RV, van, etc. |
0 |
0.0 |
|
$100,000 to $149,999 |
86 |
2.2 |
| |
|
|
|
$150,000 to $199,000 |
308 |
7.7 |
| YEAR STRUCTURE BUILT |
|
|
|
$200,000 to $299,999 |
1,287 |
32.3 |
| 1999 to March 2000 |
30 |
0.7 |
|
$300,000 to $499,999 |
1,721 |
43.2 |
| 1995 to 1998 |
102 |
2.3 |
|
$500,000 to $999,999 |
524 |
13.2 |
| 1990 to 1994 |
87 |
1.9 |
|
$1,000,000 or more |
20 |
0.5 |
| 1980 to 1989 |
68 |
1.5 |
|
Median (dollars) |
325,000 |
(X) |
| 1970 to 1979 |
265 |
5.9 |
|
|
|
|
| 1960 to 1969 |
809 |
18.1 |
|
MORTGAGE STATUS AND SELECTED |
|
|
| 1940 to 1959 |
1,955 |
43.8 |
|
MONTHLY OWNER COSTS |
|
|
| 1939 or earlier |
1,149 |
25.7 |
|
With a mortgage |
2,703 |
67.9 |
| |
|
|
|
Less than $300 |
0 |
0.0 |
| ROOMS |
|
|
|
$300 to $499 |
0 |
0.0 |
| 1 room |
0 |
0.0 |
|
$500 to $699 |
21 |
0.5 |
| 2 rooms |
9 |
0.2 |
|
$700 to $999 |
163 |
4.1 |
| 3 rooms |
28 |
0.6 |
|
$1,000 to $1,499 |
535 |
13.4 |
| 4 rooms |
139 |
3.1 |
|
$1,500 to $1,999 |
697 |
17.5 |
| 5 rooms |
438 |
9.8 |
|
$2,000 or more |
1,287 |
32.3 |
| 6 rooms |
1,010 |
22.6 |
|
Median (dollars) |
1,954 |
(X) |
| 7 rooms |
913 |
20.4 |
|
Not mortgaged |
1,277 |
32.1 |
| 8 rooms |
1,033 |
23.1 |
|
Median (dollars) |
565 |
(X) |
| 9 or more rooms |
895 |
20.0 |
|
|
|
|
| Median (rooms) |
7.2 |
(X) |
|
SELECTED MONTHLY OWNER COSTS |
|
|
| |
|
|
|
AS A PERCENTAGE OF HOUSEHOLD |
|
|
| Occupied Housing Units |
4,359 |
100.0 |
|
INCOME IN 1999 |
|
|
| YEAR HOUSEHOLDER MOVED INTO UNIT |
|
|
|
Less than 15 percent |
1,619 |
40.7 |
| 1999 to March 2000 |
331 |
7.6 |
|
15 to 19 percent |
768 |
19.3 |
| 1995 to 1998 |
859 |
19.7 |
|
20 to 24 percent |
562 |
14.1 |
| 1990 to 1994 |
747 |
17.1 |
|
25 to 29 percent |
328 |
8.2 |
| 1980 to 1989 |
888 |
20.4 |
|
30 to 34 percent |
237 |
6.0 |
| 1970 to 1979 |
768 |
17.6 |
|
35 percent or more |
454 |
11.4 |
| 1969 or earlier |
766 |
17.6 |
|
Not computed |
12 |
0.3 |
| |
|
|
|
|
|
|
| VEHICLES AVAILABLE |
|
|
|
Specified renter-occupied units |
177 |
100.0 |
| None |
114 |
2.6 |
|
GROSS RENT |
|
|
| 1 |
1,150 |
26.4 |
|
Less than $200 |
0 |
0.0 |
| 2 |
2,431 |
55.8 |
|
$200 to $299 |
6 |
3.4 |
| 3 or more |
664 |
15.2 |
|
$300 to $499 |
16 |
9.0 |
| |
|
|
|
$500 to $749 |
49 |
27.7 |
| HOUSE HEATING FUEL |
|
|
|
$750 to $999 |
19 |
10.7 |
| Utility Gas |
4,242 |
97.3 |
|
$1,000 to $1,499 |
41 |
23.2 |
| Bottled, Tank, or LP gas |
25 |
0.6 |
|
$1,500 or more |
23 |
13.0 |
| Electricity |
83 |
1.9 |
|
No cash rent |
23 |
13.0 |
| Fuel oil, kerosene, etc. |
0 |
0.0 |
|
Median (dollars) |
932 |
(X) |
| Coal or coke |
0 |
0.0 |
|
|
|
|
| Wood |
0 |
0.0 |
|
GROSS RENT AS A PERCENTAGE OF |
|
|
| Solar energy |
0 |
0.0 |
|
HOUSEHOLD INCOME IN 1999 |
|
|
| Other fuel |
0 |
0.0 |
|
Less than 15 percent |
30 |
16.9 |
| No fuel used |
9 |
0.2 |
|
15 to 19 percent |
40 |
22.6 |
| |
|
|
|
20 to 24 percent |
49 |
27.7 |
| SELECTED CHARACTERISTICS |
|
|
|
25 to 29 percent |
0 |
0.0 |
| Lacking complete plumbing facilities |
13 |
0.3 |
|
30 to 34 percent |
7 |
4.0 |
| Lacking complete kitchen facilities |
6 |
0.1 |
|
35 percent or more |
21 |
11.9 |
| No telephone service |
0 |
0.0 |
|
Not computed |
30 |
16.9 |
| |
| -Represent zero or rounds to zero. (X) Not applicable. |
| Source: U.S. Bureau of the Census, Census 2000. |
Western Springs Relocation Appraisals
Today's Inman News
www.appraisercitywide.com
|
|
.jpg)
