Real Estate Prices and Overview
S Kedzie Ave / W Van Buren St median real estate prices are $131,025, which is more expensive than 36.2% of the neighborhoods
in Illinois and 38.0% of the
neighborhoods in the U.S.
Average rental prices in S Kedzie Ave / W Van Buren St are currently
$861, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 61.8%
of the neighborhoods in Illinois.
S Kedzie Ave / W Van Buren St is an urban neighborhood (based on population
density) located in Chicago, Illinois.
S Kedzie Ave / W Van Buren St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Kedzie Ave / W Van Buren St 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 1970 and 1999.
Vacant apartments or homes are a major fact of life in
S Kedzie Ave / W Van Buren St. The current real estate vacancy rate here is 27.0%.
This is higher than the rate of vacancies in 92.3% 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 Kedzie Ave / W Van Buren St neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: People
Single parenting is hard. But you don't have to tell the
S Kedzie Ave / W Van Buren St neighborhood about it; they already know. 24.9%
of this neighborhood's households are run by single mothers, which is a
higher concentration than NeighborhoodScout found in 99.0%
of American neighborhoods. Further NeighborhoodScout research showed strong
statistical correlations among high rates of children living in single
parent households, and neighborhood crime, particularly violent crime,
neighborhood poverty, and, importantly, the percentage of low weight births
and rates of infant mortality.
Notable & Unique: Occupations
There are more people living in the S Kedzie Ave / W Van Buren St neighborhood
employed as sales and service workers (55.3%) than almost any neighborhood
in the country. From fast-food service workers to major sales accounts,
sales and service workers make up the largest proportion of our national
employment picture. But despite that size and importance nationally, this
neighborhood still stands out as unique due to the dominance of people
living here who work in such occupations.
Notable & Unique: Modes of Transportation
More people ride the bus in this neighborhood each day to get to work
than 95.2% of U.S. neighborhoods.
Notable & Unique: Real Estate
In addition, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the S Kedzie Ave / W Van Buren St neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 66.6% of the real estate here is made up of such dwellings, which is higher than 99.5% of all U.S. neighborhoods.
Furthermore, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The S Kedzie Ave / W Van Buren St neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 76.1% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 98.8% of the neighborhoods in the United States.
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 Van Buren 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 84.4% of U.S. neighborhoods.
With 42.5% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 85.8%
of U.S. neighborhoods.
The Neighbors: Occupations
What we choose to do for a living reflects who we are. Each neighborhood has
a different mix of occupations represented, and together these tell you about
the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the S Kedzie Ave / W Van Buren St neighborhood, 44.7%
of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is
manufacturing and laborer occupations, with 33.8% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(10.9%), and 10.7% in executive, management, and professional occupations.
The Neighbors: Ethnicity / Ancestry
Culture is shared learned behavior. We learn it from our parents, their parents,
our houses of worship, and much of our culture – our learned behavior - comes
from our ancestors. That is why ancestry and ethnicity can be so interesting
and important to understand: places with concentrations of people of one or
more ancestries often express those shared learned behaviors and this gives
each neighborhood its own culture. Even different neighborhoods in the same
city can have drastically different cultures.
In the S Kedzie Ave / W Van Buren St neighborhood in Chicago, IL, residents
most commonly identify their ethnicity or ancestry as Puerto Rican
The Neighbors: Languages
The most common language spoken in the S Kedzie Ave / W Van Buren St
neighborhood is English, spoken by 95.3% of households. Some people also speak Spanish (4.7%).
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 Van Buren St neighborhood spend
between 30 and 45 minutes commuting one-way to work (39.2% of working
residents), which is at or a bit above the average length of a commute across all U.S.
Here most residents (63.0%) drive alone in a private automobile to get to work.
In addition, quite a number also ride the bus to get to work (16.1%) and 6.3% of residents also take the train 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.