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Real Estate Prices & Overview

N Cleveland Ave / N Lincoln Ave median real estate price is $622,504, which is more expensive than 81.3% of the neighborhoods in Illinois and 68.8% of the neighborhoods in the U.S.

The average rental price in N Cleveland Ave / N Lincoln Ave is currently $2,952, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 86.6% of the neighborhoods in Illinois.

N Cleveland Ave / N Lincoln Ave is a densely urban neighborhood (based on population density) located in Chicago, Illinois.

N Cleveland Ave / N Lincoln Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the N Cleveland Ave / N Lincoln 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 1970 and 1999.

Real estate vacancies in N Cleveland Ave / N Lincoln Ave are 4.4%, which is lower than one will find in 71.0% of American neighborhoods. Demand for real estate in N Cleveland Ave / N Lincoln Ave is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

In a nation where 1 out of every 4 children lives in poverty, the N Cleveland Ave / N Lincoln Ave neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, the rate of college educated adults in the N Cleveland Ave / N Lincoln Ave neighborhood is a unique characteristic of the neighborhood. 91.2% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 34.3% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 99.8% of all U.S. neighborhoods.

Also, if you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the N Cleveland Ave / N Lincoln Ave neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 98.2% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the N Cleveland Ave / N Lincoln Ave neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for young, single professionals.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 99.6% of U.S. neighborhoods.

Also, would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. NeighborhoodScout's analysis revealed that the N Cleveland Ave / N Lincoln Ave neighborhood is a fantastic option for bicycle commuters, as 7.8% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 99.3% of the neighborhoods in America.

Finally, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 12.0% of the N Cleveland Ave / N Lincoln Ave neighborhood's commuters ride the train to and from work each day, which is more than we found in 95.7% of America's neighborhoods.

Occupations

The N Cleveland Ave / N Lincoln Ave neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 98.4% of the neighborhoods in America. In fact, 77.1% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Real Estate

The N Cleveland Ave / N Lincoln Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 32,569 persons per square mile in the neighborhood, it is more packed with people than 97.2% of the nation's neighborhoods. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The N Cleveland Ave / N Lincoln Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the N Cleveland Ave / N Lincoln Ave neighborhood have a highly unusual car ownership. 30.9% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.3% of U.S. neighborhoods.

Diversity

Did you know that the N Cleveland Ave / N Lincoln Ave neighborhood has more Eastern European and Lebanese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.0% of this neighborhood's residents have Eastern European ancestry and 2.0% have Lebanese ancestry.

N Cleveland Ave / N Lincoln Ave is also pretty special linguistically. Significantly, 8.1% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 98.8% of the neighborhoods in America.

The Neighbors

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 N Cleveland Ave / N Lincoln Ave neighborhood in Chicago are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 85.7% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the N Cleveland Ave / N Lincoln Ave neighborhood, 77.1% of the working population is employed in executive, management, and professional 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 15.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (4.3%), and 3.0% in manufacturing and laborer occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the N Cleveland Ave / N Lincoln Ave neighborhood is English, spoken by 76.0% of households. Other important languages spoken here include French, Italian, Chinese and Spanish.

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 N Cleveland Ave / N Lincoln Ave neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Irish (16.5%). There are also a number of people of German ancestry (14.0%), and residents who report Asian roots (13.5%), and some of the residents are also of English ancestry (10.7%), along with some Italian ancestry residents (9.0%), among others. In addition, 27.0% 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 N Cleveland Ave / N Lincoln Ave neighborhood spend between 30 and 45 minutes commuting one-way to work (50.8% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (29.9%) ride the bus to get to work. In addition, quite a number also drive alone in a private automobile to get to work (29.1%) and 12.0% of residents also take the train for their daily commute. The bus provides a valuable service in the N Cleveland Ave / N Lincoln Ave neighborhood of Chicago by getting a lot of residents to and from work daily, reducing the costs of commuting and reducing some congestion on the roads as well.


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