Found within zip codes: 60623
Popular real estate near Chicago, IL (S Homan Ave / W Roosevelt Rd)
S Homan Ave / W Roosevelt Rd median real estate prices are $172,208, which is more expensive than 53.8% of the neighborhoods in Illinois and 54.5% of the neighborhoods in the U.S.
Average rental prices in S Homan Ave / W Roosevelt Rd are currently $618, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 61.9% of Illinois neighborhoods.
S Homan Ave / W Roosevelt Rd is an urban neighborhood (based on population density) located in Chicago, Illinois.
S Homan Ave / W Roosevelt Rd real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the S Homan Ave / W Roosevelt Rd neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in S Homan Ave / W Roosevelt Rd. The current real estate vacancy rate here is 41.4%. This is higher than the rate of vacancies in 97.6% of all U.S. neighborhoods. This can sometimes be the case in neighborhoods dominated by seasonal homes (such as vacation areas), and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.Notable & Unique Neighborhood Characteristics
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Chicago, the S Homan Ave / W Roosevelt Rd neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.Notable & Unique: People
Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the S Homan Ave / W Roosevelt Rd neighborhood has more single mother households than 99.7% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.Notable & Unique: Modes of Transportation
Our research revealed that more commuters here take the bus to work (30.1% ride the bus) than 98.9% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.Notable & Unique: Car Ownership
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the S Homan Ave / W Roosevelt Rd neighborhood have a highly unusual car ownership. 35.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.5% of U.S. neighborhoods.Notable & Unique: Real Estate
Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The S Homan Ave / W Roosevelt Rd neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The S Homan Ave / W Roosevelt Rd neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 59.5% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 98.9% of America's neighborhoods.
Furthermore, despite all of the residential real estate here in the S Homan Ave / W Roosevelt Rd neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 41.4%, which is higher than 97.6% of all U.S. neighborhoods.Notable & Unique: Diversity
Did you know that the S Homan Ave / W Roosevelt Rd neighborhood has more African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.2% of this neighborhood's residents have African ancestry.The Neighbors The Neighbors: Income
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the S Homan Ave / W Roosevelt Rd neighborhood in Chicago are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 89.8% of U.S. neighborhoods. With 56.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.9% of U.S. neighborhoods.The Neighbors: Occupations
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place. In the S Homan Ave / W Roosevelt Rd neighborhood, 32.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 32.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.3%), and 14.9% in manufacturing and laborer occupations.The Neighbors: Ethnicity / Ancestry
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco. In the S Homan Ave / W Roosevelt Rd neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (3.2%). There are also a number of people of African ancestry (3.2%) , and residents who report Puerto Rican roots (1.6%) , and some of the residents are also of Mexican ancestry (1.1%) .The Neighbors: Languages
The most common language spoken in the S Homan Ave / W Roosevelt Rd neighborhood is English, spoken by 100.0% of households.Getting to Work
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in S Homan Ave / W Roosevelt Rd neighborhood spend between 30 and 45 minutes commuting one-way to work (38.5% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (52.3%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (30.1%) and 7.9% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
|MEDIAN HOUSE VALUE||$172,208|
HOUSE VALUE RANGE
|RENTAL PRICE||Low cost relative to IL, low cost relative to the nation|
|NEIGHBORHOOD LOOK, FEEL, & CHARACTER||DETAILS|
|THE SETTING||Urban (based on population density)|
|TYPE OF HOMES / DWELLINGS||Mostly Small apartment buildings, some Complexes/high rise apartments, some Single-family homes and a few Rowhouses & attached homes|
|SIZE OF HOMES / DWELLINGS||Mostly Medium-sized dwellings (3 or 4 bedrooms), some Small dwellings (1, 2, or no bedrooms) and a few Large dwellings (4 or 5 bedrooms)|
|AGE OF HOMES / DWELLINGS||Mostly Historic homes (Built 1939 or earlier), some Well established older homes (Built 1940 - 1969), some Established but not old (Built 1970 – 1999) and some Newer Homes (Built 2000 or later)|
|SPECIAL CHARACTER||Mostly Walkable and Hip & Trendy|
|AGE & LIFESTYLE||Mostly Young singles-upwardly mobile (young, educated, professionally employed, and single), some Mixed ages, some Families with children (family households with school-aged children) and some Seniors (people 65 and over)|
|EDUCATION LEVEL||Rating: 1 (5 is average for the U.S., 10 is most educated)|
|INCOME||Low income (among the 15% lowest income communities in America)|
|OCCUPATIONS||Mostly Executive, managerial & professional, some Sales & Service workers, some Clerical, assistants & technical support and some Manufacturing & Laborers|
|ETHNICITY / ANCESTRY||Mostly Black, some Hispanic, some Puerto Rican, some White (non-Hispanic) and some Mexican|
|LANGUAGES||Mostly English speaking|
|SCHOOLS IN THIS NEIGHBORHOOD *||GRADES|
NORTH LAWNDALE CHARTER HS
1616 SOUTH SPAULDING AVE, CHICAGO, IL 60623
CATALYST ELEM CHARTER SCHOOL
1616 SOUTH SPAULDING AVE, CHICAGO, IL 60623
LATHROP ELEM SCHOOL
1440 SOUTH CHRISTIANA AVE, CHICAGO, IL 60623
* Depending on where you live in this neighborhood, your children may attend these schools or other schools outside the neighborhood. Always check with your local school department to determine which schools your children may attend based on your specific address and your child's grade-level.
This neighborhood is served by one 1 district.
405,644 Students enrolled in District
READING & MATH
|ETHNIC/RACIAL GROUPS||THIS DISTRICT||THIS STATE|
|WHITE (NON-HISPANIC) (%)||8.6||51.3|
|ASIAN OR PACIFIC ISLANDER (%)||3.2||4.1|
|AMERICAN INDIAN OR NATIVE OF ALASKA (%)||0.4||0.3|
|ECONOMIC GROUPS||THIS DISTRICT||THIS STATE|
|ECONOMICALLY DISADVANTAGED (%)||75.5||44.1|
|FOR THIS DISTRICT||PER STUDENT||TOTAL||% OF TOTAL|
|NEIGHBORHOOD EDUCATIONAL ENVIRONMENT|
|ADULTS IN NEIGHBORHOOD WITH COLLEGE DEGREE OR HIGHER (%)||6.5|
|CHILDREN IN THE NEIGHBORHOOD LIVING IN POVERTY (%)||56.3|
|PERIOD||TOTAL APPRECIATION||AVG. ANNUAL RATE||COMPARED TO IL*||COMPARED TO AMERICA*|
|LAST 10 YEARS|
|LAST 5 YEARS|
|LAST 2 YEARS|
|LAST 12 MONTHS|
|* 10 is highest|
S Homan Ave / W Roosevelt Rd neighborhood appreciation rates are for subscribers only. Chicago, IL appreciation rates (city-wide averages) are open to all visitors.
National Median 3.9
My chances of becoming a victim
in S Homan Ave / W Roosevelt Rd SUBSCRIBE FOR DETAIL
in Chicago 1 in 97
in Illinois 1 in 233
National Median 29.1
My chances of becoming a victim
in S Homan Ave / W Roosevelt Rd SUBSCRIBE FOR DETAIL
in Chicago 1 in 23
in Illinois 1 in 37
S Homan Ave / W Roosevelt Rd neighborhood Crime data are subscription only. Chicago, IL crime rates (city-wide averages) are open to all visitors.
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