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Real Estate Prices & Overview

S Ave M / E 100th St median real estate price is $158,161, which is less expensive than 76.7% of Illinois neighborhoods and 84.8% of all U.S. neighborhoods.

The average rental price in S Ave M / E 100th St is currently $1,540, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 64.4% of Illinois neighborhoods.

S Ave M / E 100th St is an urban neighborhood (based on population density) located in Chicago, Illinois.

S Ave M / E 100th 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 S Ave M / E 100th 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.

S Ave M / E 100th St has a 10.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 61.9% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are 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 Ave M / E 100th St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

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 Ave M / E 100th 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 58.0% of the real estate here is made up of such dwellings, which is higher than 99.1% of all U.S. neighborhoods.

In addition, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 66.7% of the residential real estate in the S Ave M / E 100th St neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 98.0% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (10.4% ride the bus) than 95.0% 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.

People

With a nice mix of college students, safety from crime, and decent walkability, the S Ave M / E 100th St neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 87.5% of the neighborhoods in IL. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Diversity

Did you know that the S Ave M / E 100th St neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 81.3% of this neighborhood's residents have Mexican ancestry.

S Ave M / E 100th St is also pretty special linguistically. Significantly, 75.9% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.2% of all U.S. neighborhoods.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the S Ave M / E 100th 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 68.4% of U.S. neighborhoods. With 46.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 92.4% of U.S. neighborhoods.

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 Ave M / E 100th St neighborhood, 39.3% 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 23.5% of the residents employed. Other residents here are employed in executive, management, and professional occupations (22.9%), and 14.3% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the S Ave M / E 100th St neighborhood is Spanish, spoken by 75.9% of households. Some people also speak English (22.5%).

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 Ave M / E 100th St neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Mexican (81.3%). There are also a number of people of Puerto Rican ancestry (3.7%), and residents who report German roots (3.3%), and some of the residents are also of Irish ancestry (2.7%), along with some English ancestry residents (1.6%), among others. In addition, 25.5% of the residents of this neighborhood were born in another country.

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 Ave M / E 100th St neighborhood spend between 30 and 45 minutes commuting one-way to work (47.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (72.3%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (10.4%) and 9.2% 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.


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