N 19th Ave / W Lake St median real estate price is $237,127, which is more expensive than 72.0% of the neighborhoods in Illinois and 67.4% of the neighborhoods in the U.S.
The average rental price in N 19th Ave / W Lake St is currently $884, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 41.2% of Illinois neighborhoods.
N 19th Ave / W Lake St is a densely urban neighborhood (based on population density) located in Melrose Park, Illinois.
N 19th Ave / W Lake St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the N 19th Ave / W Lake 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 1940 and 1969.
N 19th Ave / W Lake St has a 15.8% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 76.0% 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.