1031 Exchange Crystal Lake, Illinois

 

Surrounding submarket Area

Crystal Lake, Illinois is a part of the McHenry County Submarket submarket area, and contains 3 zip codes: 60039, 60012, and 60014.

Crystal Lake Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Crystal Lake, IL submarket area was $1,150, which is 16.16% higher than 2014 average rent. This represents a compounded annual growth rate of 3.04%. 2019 vacancy in Crystal Lake, IL was 2.60%.

The total population of the city of Crystal Lake, IL has decreased 1.74% since 2010. As of 2018, the population was 40,036. The median household income of the Crystal Lake was $87,221, which is 44.66% higher than the national average.

  • submarket area McHenry County Submarket
  • avg rent $1,150
  • rent growth 16.16%
  • vacancy 2.60%
  • median income $87,221
  • population (2018) 40,036
  • population growth -1.74%
  • vs. nat'l avg 44.66%
  • zip codes 60012 60014 60039

Compare 1031 DST Properties
Side by Side

Simple & Easy to Understand