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Oak Park Mortgage Quotes And Real Estate


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Oak Park Mortgage and Real Estate Facts

Overview

In Oak Park there are 11,104 individual units of housing (the total of apartments, houses, and condos). As of 2000, the share of housing units in the city that were owner-occupied was 75%.

Oak Park Mortgage

In Oak Park, 75% of housing units (exluding rentals) have a mortgage. About 17% of houses and condos in the city have a home equity loan or second mortgage.

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Oak Park Mortgage Statistics

CategoryValue
Homes With No Mortgage25%
With A Mortgage75%
First Mortgage Only59%
Second Mortgage or Home Equity Loan17%
Second Mortgage Only7%
Home Equity Loan Only10%

Oak Park Housing Expenses

CategoryValue
Owner Costs as % of Income19.2%
Median Real Estate Taxes (2000)$1,751

Oak Park Household Size

CategoryValue
Total Occupied11,104
1-Person Households27%
2-Person Households29%
3-Person Households18%
4-Person Households13%
5-Person Households7%
6-Person Households3%
7+-Person Households2%

Oak Park Housing Stock

CategoryValue
Median Year Built1956
Median Year Built (Owner Occupied)1955
Median Year Built (Renter Occupied)1959

Oak Park Home Heating

CategoryValue
Using Utility Co. Gas Heat94%
Using Bottled/Tank Gas Heat0%
Using Electric Heat4%
Using Oil Heat1%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating0%

Oak Park Housing Size

CategoryValue
No Bedrooms1%
1 Bedroom2%
2 Bedrooms10%
3 Bedrooms75%
4 Bedrooms10%
5+ Bedrooms2%

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