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Housing in Chestnut

A typical Chestnut home is worth roughly $136,000

Typical home value
$136K
IL $298K
Estimate
2-bedroom rent
$940
a month, utilities in · HUD
Median tax bill
$2,543
IL $5,298

What kind of housing town is Chestnut?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

What it takes to buy in Chestnut

Try your own numbers below.

You could afford about
$280,000
Typical Chestnut home $136K

That covers a typical Chestnut home, with $144K to spare.

The typical home, each month
$940
Loan $670Tax $230Insurance $40

A two-bedroom rents for about $940 a month here, $0 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Illinois typical property tax (2.01% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

94% of Chestnut households own their home

Half of Chestnut’s homes were built before 1972.

Owners and renters
Own 94%Rent 6%

Illinois: 67% own.

1972
typical home built · IL 1971
$2,543
median property tax bill · IL $5,298

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $940

Fair Market Rent a month, utilities included

Studio$650
1 bedroom$740
2 bedrooms$940
3 bedrooms$1,150
4 bedrooms$1,370
6%
of households rent · IL 33%

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Logan County, IL): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Neighbors talk housing

What Chestnut buyers, sellers and renters are saying.

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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