1031 Exchange Wheeling, Illinois

 

Surrounding submarket Area

Wheeling, Illinois is a part of the Wheeling Submarket submarket area, and contains zip code 60090.

Wheeling Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Wheeling, IL submarket area was $1,431, which is 19.55% higher than 2014 average rent. This represents a compounded annual growth rate of 3.64%. 2019 vacancy in Wheeling, IL was 3.90%.

The total population of the city of Wheeling, IL has grown 3.27% since 2010. As of 2018, the population was 38,878. The median household income of the Wheeling was $66,243, which is 9.87% higher than the national average.

  • submarket area Wheeling Submarket
  • avg rent $1,431
  • rent growth 19.55%
  • vacancy 3.90%
  • median income $66,243
  • population (2018) 38,878
  • population growth 3.27%
  • vs. nat'l avg 9.87%
  • zip code 60090

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Source: www.zip-codes.com
Source: REIS Market Report
Source: United States Census Bureau

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