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Algonquin

Algonquin is a village in McHenry and Kane counties, Illinois, in the United States. It is a suburb of Chicago, located approximately 40 miles (64 km) northwest of the Loop. As of the 2010 census the village's population was 30,046, and as of 2017 the estimated population was 31,017.The village is known as "The Gem of the Fox River Valley", referring to the location of its downtown. Established in 1890 and long known as a small river community, the village is making the transition into a major regional hub, as it has experienced considerable suburban growth over the past 20 years. Now stretching all the way west to the busy Randall Road corridor, Algonquin has become a major commercial center, with popular shopping centers and restaurants, as well as a growing corporate campus. Additionally, the village continues to see considerable residential growth. With this growth, the village has had to deal with challenges including traffic congestion and overburdened schools, yet has managed to increase the commercial tax base, preserve its character and history, and substantially increase its recreational offerings and quality of life. (Source: Wikipedia)

Housing stock map

See the share of the area's total housing units that are in single family homes, condominiums, two-to-four unit buildings, buildings with five to 49 units, and buildings with 50 units or more.


The Composition of Cook County’s Housing Market >

Housing market indicators

All of these property level data sets are connected to parcel-level data files from the county Assessors offices that include data on every parcel in the Chicago metropolitan area. All of these parcel-level data sets include historical data and are updated on a regular basis ranging from every week to every year depending on the data set.

Property Sales Activity

This indicator provides information on how active local residential property markets are, what types of properties are being purchased, who is buying them, and how much buyers are paying for properties.

Total Sales Activity

This is the total number of property sales in a given year. In Cook County, data are broken out separately for total sales activity on single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units. Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
All Residential Properties 1,077 764 469 308 273 304 277 391 503 456 464 587 604 595 556


Sales per 100 Residential Parcels

This indicator allows users to compare the level of property sales activity across geographies. This data point represents the total number of sales on all residential parcels divided by the total number of residential parcels in a given year, multiplied by 100.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
All Residential Properties 10.7 7.6 4.6 3.0 2.7 3.0 2.7 3.9 5.0 4.5 4.6 5.8 6.0 5.9 5.5


Share of Sales, Business Buyers

This represents a range of investor types from small mom-and-pop investors to large Wall Street-traded equity funds. Heightened levels of single family homes purchased by business buyers is often indicative of a distressed and low priced inventory of homes, and low demand for owner-occupied housing in a neighborhood. In Cook County, this data point is available as the share of total sales activity where the buyer was a business entity by property type (single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units). Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
All Residential Properties 4.5% 5.6% 5.1% 7.1% 7.7% 4.6% 7.6% 6.1% 12.5% 6.8% 9.1% 7.0% 5.1% 5.2% 4.9%


Share of Sales, Extremely Low Value

This represents the percent of sales that were purchased for less than $20,000 in a given year. In Cook County, this data point is available as the share of total sales activity that sold for less than $20,000 by property type (single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units). Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
All Residential Properties -- -- -- -- -- 0.3% 0.4% 0.3% 0.2% 0.7% -- -- -- -- --


Mortgage Activity

These data measure the flow of mortgage credit into an area and indicates the level of lender investment. The level of mortgage activity in a neighborhood relative to other areas can assess how access to credit has changed over time in a community and how the flow of credit differs across geographies and for different property types.

Total Mortgage Activity

This is the total number of mortgages in a given year. In Cook County, data are broken out separately for total mortgage activity on single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units. Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
All Residential Properties 3,857 3,098 2,343 1,464 1,751 1,597 1,241 1,706 1,407 951 1,093 1,318 1,181 1,029 1,130


Mortgages per 100 Residential Parcels

Mortgages  per 100 Residential Parcel


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
All Residential Properties 38.2 30.6 23.2 14.5 17.3 15.8 12.3 16.9 13.9 9.4 10.8 13.0 11.7 10.2 11.2


Foreclosure Filing Activity

This is an indicator of distress in a local housing market and viewing changing levels of activity allows for an understanding of the evolving nature of the foreclosure crisis in a neighborhood.

Total Foreclosure Filings Activity

This is the total number of new foreclosure filings in a given year. In Cook County, data are broken out separately for foreclosure filing activity on single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units. Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
All Residential Properties 70 81 132 184 222 305 247 251 141 110 83 92 70 63 61


Foreclosure Filings per 100 Residential Parcels

This indicator allows users to compare the level of foreclosure filing activity across geographies. This data point represents the total number of foreclosure filings on all residential parcels divided by the total number of residential parcels in a given year, multiplied by 100.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
All Residential Properties 0.7 0.8 1.3 1.8 2.2 3.0 2.4 2.5 1.4 1.1 0.8 0.9 0.7 0.6 0.6


Cumulative Foreclosure Filings Activity



Property Type 2019
All Residential Properties 16.2%


Foreclosure Auctions

These are properties that have completed the foreclosure process. Understanding foreclosure auction activity helps determine the flow of year-over-year of REO (real estate owned) properties into a market, how third-party demand at auctions differs based on property types, and the density of REO activity across geographies. The level of completed foreclosure auctions activity in a neighborhood indicates distress in a local housing market.

Total Auction Activity

This is the total number of completed foreclosure auctions in a given year. In Cook County, data are broken out separately for total auction activity on single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units. Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
All Residential Properties 12 10 38 53 72 65 73 109 129 66 54 52 47 18 27


Share of Auctions Resulting in REO

This is the percent of completed foreclosure auctions in a given geography where there were no bidders and the property became bank-owned REO (real estate owned).


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
All Residential Properties 75.0% 100.0% 94.7% 98.1% 95.8% 96.9% 93.2% 97.2% 82.2% 86.4% 83.3% 84.6% 78.7% 83.3% 77.8%


REO per 100 Residential Parcels


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
All Residential Properties 0.1 0.1 0.4 0.5 0.7 0.6 0.7 1.0 1.0 0.6 0.4 0.4 0.4 0.1 0.2


Population and Age

Population and Age


Indicator Value
Total Population 30,799
Share of Population Aged under 18 23.7%
Share of Population Aged 18 to 44 32.0%
Share of Population Aged 45 to 64 32.3%
Share of Population Aged over 65 12.0%


Race and Ethnicity

Race and Ethnicity


Indicator Value
Share of Population that is White 80.7%
Share of Population that is African American 1.5%
Share of Population that is Hispanic or Latino 8.2%
Share of Population that is Asian 7.7%
Share of Population that is Some Other Race 1.8%


Household Income

Household Income


Indicator Value
Total Households 11,111
Share of Households with Income Less than $25,000 9.0%
Share of Households with Income $25,000 to $50,000 12.2%
Share of Households with Income $50,000 to $100,000 27.3%
Share of Households with Income $100,000 or More 51.4%


Poverty Rate

Share of Population that is under the Poverty Level


Indicator Value
Share of Population that is under the Poverty Level 3.5%


Resident Tenure

Total Households


Indicator Value
Total Households 11,111


Share of Households that are Owner-Occupied


Indicator Value
Share of Households that are Owner-Occupied 86.0%


Share of Households that are Renter-Occupied


Indicator Value
Share of Households that are Renter-Occupied 14.0%


Cost Burdened Households

Share of Owner-Occupied Households that are Cost-Burdened


Indicator Value
Share of Owner-Occupied Households that are Cost-Burdened 25.3%


Share of Renter-Occupied Households that are Cost-Burdened


Indicator Value
Share of Renter-Occupied Households that are Cost-Burdened 57.6%


Share of All Households that are Cost-Burdened


Indicator Value
Share of All Households that are Cost-Burdened 29.7%