The community of Bloomingdale is a place where you can find many unique neighborhoods with exciting things about them. One such site, the Cambridge Ln neighborhood, has outstanding qualities that make it worth highlighting for those interested in this living situation. There are many great things to do in Bloomingdale, Illinois, but if you’re looking for a bustling street with lots of people walking around, then Cambridge Lane is where it’s at. This urban neighborhood (based on population density) lies outside downtown and has more than enough hustle-and determination needed from its residents who want nothing less than the best.
The median price of homes on Cambridge Lane is $317,329, making it more expensive than 71.9%)of neighborhoods in Illinois and 58.3% higher than the national average. This ratio puts this instance into perspective compared to other places across America; imagine living somewhere with an average cost per square foot significantly higher than what you can find locally.
Based on the latest data from NeighborhoodScout, a website that tracks affordable and luxurious rentals across America, Cambridge Lane is one of only three neighborhoods in Illinois with an average rental price higher than $2K. The median home value here rests at just over twice as much–with homes costing close to 3k before you even add another dime for rent or mortgage payments.
Cambridge Ln is a street in Braintree where you can find medium-sized homes to small apartments. The area has many trees, making it shady but quiet during the daytime. Cambridge Ln is the perfect place to live if you’re looking for a smaller home. These streets have medium-sized single-family homes or townhomes ranging from three bedrooms to two-bedroom houses. The residential real estate in this area is primarily owner-occupied. Many of the homes on Cambridge Ln were built between 1970 and 1999, with some dating as far back as 1940 or earlier.
In this Cambridge Ln neighborhood, the vacancy rate is 4.3% which means that there are fewer homes for sale than in most other areas across America–and potential buyers might find themselves with some competition when they look to buy one of these condominiums or houses. However-because demand here remains high compared so say along population density lines (think inner cities), we can probably expect record low pricing once again soon enough.
The people living in the Cambridge Ln neighborhood are upper-middle-class, making it an excellent income area. The level of earning here far exceeds that seen among most other places across America – as shown by NeighborhoodScout’s exclusive analysis, which shows this particular location has a higher per capita GDP than 84% of all other neighborhoods in our country.
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