$425,000
$25K PRICE DROP
Pending
- 3 Beds
- 2 Baths
- 1,114 Sq Ft
8407 N Olcott Ave, Niles, IL 60714
Julie Schultz
@properties Christie's International Real Estate
(224) 549-2113
Frequently Asked Questions
Is The Terrace a good place to live?
The Terrace is a good place to live. The Terrace is considered somewhat walkable and bikeable with some transit options. The Terrace is a neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. The Terrace has 4 parks for recreational activities. It has a median age of 51. The average household income is $106,478 which is below the national average. College graduates make up 45.4% of residents. A majority of residents in The Terrace are home owners, with 13% of residents renting and 87% of residents owning their home. A local real estate agent serving The Terrace can help you decide if this neighborhood is the right one for you. Learn more on our The Terrace neighborhood guide.
Is The Terrace, IL a safe neighborhood?
The Terrace, IL is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in The Terrace?
The median home price in The Terrace is $450,000. If you put a 20% down payment of $90,000 and had a 30-year fixed mortgage with an interest rate of 6.31%, your estimated principal and interest payment would be $2,230 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $96K a year to afford the median home price in The Terrace. Learn how much home you can afford with our Home Affordability Calculator. The average household income in The Terrace is $106K.
What are the best public schools in The Terrace?
The best public schools that serve The Terrace are:
- Maine East High School has an A Niche grade, a student teacher ratio of 15:1 and an average review score of 4.0.
- Melzer School has a B+ Niche grade, a student teacher ratio of 11:1 and an average review score of 4.7.
- Gemini Middle School has a B+ Niche grade, a student teacher ratio of 12:1 and an average review score of 4.4.
What are the best private schools in The Terrace?
The best private schools that serve The Terrace are:
- Embers Academy has an A+ Niche grade, a student teacher ratio of 10:1 and an average review score of 5.0.
- St. Paul of the Cross School has an A+ Niche grade, a student teacher ratio of 15:1 and an average review score of 4.9.
- Northridge Preparatory School has an A+ Niche grade, a student teacher ratio of 10:1 and an average review score of 4.5.
What are the most popular zip codes in The Terrace, Niles, IL?
What are the most popular neighborhoods near The Terrace, Niles, IL?
The most popular neighborhoods near The Terrace, Niles, IL are Grennan Heights, Oak Park, Courtland Park, Ransom Ridge and Edison Park.
