$750,000
- 4 Beds
- 3.5 Baths
3234 N Panama Ave, Chicago, IL 60634
Shaun Raugstad Coldwell Banker Realty
Frequently Asked Questions
Is Belmont Terrace a good place to live?
Belmont Terrace is a good place to live. Belmont Terrace is considered somewhat walkable and bikeable with good transit options. Belmont Terrace has 7 parks for recreational activities. It is very dense in population with 15.1 people per acre and a median age of 45. The average household income is $99,198 which is above the national average. College graduates make up 25.1% of residents. A majority of residents in Belmont Terrace are home owners, with 18.9% of residents renting and 81.1% of residents owning their home. A local real estate agent serving Belmont Terrace can help you decide if this neighborhood is the right one for you. Learn more on our Belmont Terrace neighborhood guide.
Is Belmont Terrace, IL a safe neighborhood?
Belmont Terrace, IL is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Belmont Terrace?
The median home price in Belmont Terrace is $389,900. If you put a 20% down payment of $78,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,020 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $87K a year to afford the median home price in Belmont Terrace. The average household income in Belmont Terrace is $99K.
What are the best public schools in Belmont Terrace?
The best public schools that serve Belmont Terrace are:
- Canty Elementary School has a B+ Niche grade and a student teacher ratio of 14:1.
- Steinmetz College Prep has a C Niche grade, a student teacher ratio of 16:1 and an average review score of 3.5.
What are the best private schools in Belmont Terrace?
The best private schools that serve Belmont Terrace are:
- St. William School has a student teacher ratio of 15:1.
- St. Celestine School has a student teacher ratio of 21:1.
- St. Francis Borgia School has a student teacher ratio of 13:1.
What are the most popular zip codes in Belmont Terrace, Chicago, IL?
What are the most popular neighborhoods near Belmont Terrace, Chicago, IL?
The most popular neighborhoods near Belmont Terrace, Chicago, IL are Belmont Heights, Irving Woods, Schorsch Village, Schorsch Forest View and Montclare.
Are home prices dropping in Belmont Terrace?
Yes, home prices in Belmont Terrace are down 61% in the last 12 months.
