E 83rd St / S Buffalo Ave median real estate price is $146,413, which is more expensive than 37.5% of the neighborhoods in Illinois and 36.2% of the neighborhoods in the U.S.
The average rental price in E 83rd St / S Buffalo Ave is currently $848, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 68.7% of Illinois neighborhoods.
E 83rd St / S Buffalo Ave is an urban neighborhood (based on population density) located in Chicago, Illinois.
E 83rd St / S Buffalo Ave real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 E 83rd St / S Buffalo Ave 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 E 83rd St / S Buffalo Ave. The current real estate vacancy rate here is 31.1%. This is higher than the rate of vacancies in 94.7% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. 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.