OZ Pitch Day - Nov 14th
OZ Pitch Day - Nov 14th
Census Tract 5, Charleston, Illinois
Census Tract 5 is a Low-Income CommunityOpportunity Zone located in Charleston, Illinois.
This 9.8 square milecensus tract has a population of approximately 6,900and is the only Opportunity Zone in Coles County.
The adjacent map shows the location of this Opportunity Zone in Illinois.
Census Tract 5 Demographics
The charts below illustrate how this Opportunity Zone compares to the broader city, county, and state on various socioeconomic indicators:
Median Household Income
$42K |
This Opportunity Zone has a median household incomeof approximately $42,000, which is 39% lowerthan the median household income for the state of Illinois of $69,000.
Poverty Rate
25% |
The percentage of households below the poverty line in this Opportunity Zone is 25%, which is 14% higherthan the rate for the state of Illinois of 11%.
Median Home Value
$73K |
This Opportunity Zone has a median home valueof approximately $73,000, which is 65% lowerthan the median home value for the state of Illinois of $210,000.
Education
89% |
This Opportunity Zone has a percentage of population with high school diplomaof approximately 89%, which is 1% lowerthan the rate for the state of Illinois of 90%.
Median Age
37 |
This Opportunity Zone has a median ageof approximately 37, which is 5% lowerthan the median age for the state of Illinois of 39.
Illinois OZ Funds
There are 11QOZ Fundsin the OpportunityDb database with an investment objective that specifically identify Illinoisas a target market. Additional OZ funds may also invest in Illinois; see a complete list of Opportunity Zone Funds here.
| Fund Name | Asset Classes | Property Types | Fund Size |
|---|---|---|---|
| Eagle OZ Fund I Premium Listing | Real Estate | Multi-Family Housing | $7M |
| CI Chicago Opportunity Zone I | Business, Real Estate | Mixed-Use | $100M |
| Community Outcome Fund | Business, Real Estate | Commercial, Infrastructure, Mixed-Use, Residential | $500M |
| Connect UP! Integrated Capital Fund | Business, Real Estate | Affordable Housing, Commercial, Infrastructure, Residential, Workforce Housing | $50M |
| First Harvest Opportunity Fund | Business | Farmland | $100M |
| ODG Fund I | Real Estate | Commercial, Mixed-Use, Multi-Family Housing, Residential | $650M |
| Origin Investments QOZ Fund | Real Estate | Commercial, Residential | $200M |
| P2P Electric | Business, Real Estate | Commercial, Education, Energy Development | $500K |
| Revolution Wealth Opportunity Zone Fund | Business, Real Estate | Energy Development, Infrastructure, Mixed-Use | $6B |
| Urban Array Opportunity Fund | Business, Real Estate | Commercial, Office, Residential | $5M |
| Woodforest CEI-Boulos Opportunity Fund | Real Estate | Workforce Housing | $22M |
