Real Estate Prices and Overview
S Kedzie Ave / W 59th St median real estate prices are $145,297, which is more expensive than 42.6% of the neighborhoods
in Illinois and 43.9% of the
neighborhoods in the U.S.
Average rental prices in S Kedzie Ave / W 59th St are currently
$761, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 51.2% of Illinois neighborhoods.
S Kedzie Ave / W 59th St is a densely urban neighborhood (based on population
density) located in Chicago, Illinois.
S Kedzie Ave / W 59th St real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings.
Most of the residential real estate is occupied by a mixture of owners and renters. Many of
the residences in the S Kedzie Ave / W 59th St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
S Kedzie Ave / W 59th St has a 12.7% vacancy rate, which is
well above average compared to other U.S. neighborhoods (higher than
65.6% of American neighborhoods). This could either
signal that there is weak demand for real estate in the neighborhood,
or that much of the housing stock is seasonally occupied,
which can occur in some markets dominated by colleges or vacation homes.
Either way, if you live here year round, you will find many of the homes
or apartments are empty for all or a portion of the year.
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 Kedzie Ave / W 59th St neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Diversity
Did you know that the S Kedzie Ave / W 59th St neighborhood has more
Romanian and Mexican ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 1.8% of
this neighborhood's residents have Romanian ancestry and 67.6% have Mexican ancestry.
S Kedzie Ave / W 59th St is also pretty special linguistically. Significantly, 72.4% of its residents five years old and above primarily
speak Spanish at home. This is a higher percentage than 96.5% of all U.S. neighborhoods.
Notable & Unique: Modes of Transportation
Our research shows that more people carpool to work here in the
S Kedzie Ave / W 59th St (23.6%) than in 97.1% of the
neighborhoods in America.
Also, our research revealed that more commuters here take the bus to work
(16.9% ride the bus) than 95.6% 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
Notable & Unique: Real Estate
The S Kedzie Ave / W 59th St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 29,105 persons per square mile in the neighborhood, it is more packed with people than 97.0% of the nation's neighborhoods.
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 Kedzie Ave / W 59th St 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, 34.3% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 95.1% of America's neighborhoods.
Notable & Unique: Occupations
More people work in manufacturing and as laborers here in the S Kedzie Ave / W 59th St
neighborhood than in 95.1% of the neighborhoods in America. Despite
the loss of manufacturing jobs across the nation, this neighborhood remains
a place where, compared to other parts of the country, you will find many
laborers and manufacturers.
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 Kedzie Ave / W 59th St neighborhood in Chicago are lower-middle income, making it a below average income neighborhood.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 71.0% of U.S. neighborhoods.
With 28.4% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 71.4%
of U.S. neighborhoods.
The Neighbors: Occupations
A neighborhood is far different if it is dominated by enlisted military personnel
rather than people who earn their living by farming. It is also different if
most of the neighbors are clerical support or managers. What is wonderful is
the shear diversity of neighborhoods, allowing you to find the type that fits
your lifestyle and aspirations.
In the S Kedzie Ave / W 59th St neighborhood, 39.7%
of the working population is employed in manufacturing and laborer 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 35.7% of the residents employed.
Other residents here are employed in executive, management, and professional occupations
(13.5%), and 9.8% in clerical, assistant, and tech support 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 Kedzie Ave / W 59th St neighborhood in Chicago, IL, residents
most commonly identify their ethnicity or ancestry as Mexican
(67.6%). There are also a number of people of Puerto Rican ancestry (2.1%) , and residents who report Romanian roots (1.8%) . In addition, 36.5% of the residents of this neighborhood were born in another country.
The Neighbors: Languages
The most common language spoken in the S Kedzie Ave / W 59th St
neighborhood is Spanish, spoken by 72.4% of households. Some people also speak English (24.6%).
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 Kedzie Ave / W 59th St neighborhood spend
between 30 and 45 minutes commuting one-way to work (40.7% of working
residents), which is at or a bit above the average length of a commute across all U.S.
Here most residents (55.0%) drive alone in a private automobile to get to work.
In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (23.6%) and 16.9% of residents also ride the bus 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.