$199,700
- 2 Beds
- 2 Baths
- 1,170 Sq Ft
5400 Walnut Ave Unit 214, Downers Grove, IL 60515
Mark Koehler
@properties Christie's International Real Estate
(331) 241-7898
Frequently Asked Questions
Is Belmont a good place to live?
Belmont is a good place to live. Belmont is considered car-dependent and somewhat bikeable with some transit options. Belmont is a suburban neighborhood. Belmont has 6 parks for recreational activities. It is sparse in population with 2.3 people per acre and a median age of 53. The average household income is $81,085 which is below the national average. College graduates make up 51.8% of residents. A majority of residents in Belmont are home owners, with 28.3% of residents renting and 71.7% of residents owning their home. A local real estate agent serving Belmont can help you decide if this neighborhood is the right one for you. Learn more on our Belmont neighborhood guide.
How much do you need to make to afford a house in Belmont?
The median home price in Belmont is $195,000. If you put a 20% down payment of $39,000 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $970 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $42K a year to afford the median home price in Belmont. The average household income in Belmont is $81K.
What are the best public schools in Belmont?
The best public schools that serve Belmont are:
- Downer Grove North High School has an A Niche grade, a student teacher ratio of 14:1 and an average review score of 4.0.
- Lisle High School has an A Niche grade, a student teacher ratio of 11:1 and an average review score of 4.0.
- Herrick Middle School has an A- Niche grade, a student teacher ratio of 15:1 and an average review score of 3.3.
What are the best private schools in Belmont?
The best private schools that serve Belmont are:
- The Avery Coonley School has an A+ Niche grade, a student teacher ratio of 9:1 and an average review score of 4.8.
- Benet Academy has an A+ Niche grade, a student teacher ratio of 16:1 and an average review score of 4.2.
- Downers Grove Christian School has an A Niche grade, a student teacher ratio of 9:1 and an average review score of 3.9.
What are the most popular zip codes in Belmont, Downers Grove, IL?
What are the most popular neighborhoods near Belmont, Downers Grove, IL?
The most popular neighborhoods near Belmont, Downers Grove, IL are Belmont Park, Summerhill Park, Downers Grove Gardens, South Downers Grove and Seven Bridges.
Are home prices dropping in Belmont?
Yes, home prices in Belmont are down 5% in the last 12 months.
