Housing & Real Estate — Channel Lake, Illinois

Overview

Total Housing Units853
Occupied785
Vacant68
Owner-Occupied618
Renter-Occupied167
Median Home Value (Census)$223,000
Estimated 2026~$255,000
Median Rent$1,526/mo
Median Property Tax$5,330/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income26.8%
Severely Rent-Burdened75.3%

Housing Age

Built 2010 or later27
Built 2000-2009134
Built 1990-199934
Built before 1960367
Median Year Built1959
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.