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Real Estate Prices & Overview

Grand Crossing Southeast median real estate price is $196,066, which is more expensive than 32.4% of the neighborhoods in Illinois and 23.5% of the neighborhoods in the U.S.

The average rental price in Grand Crossing Southeast is currently $1,517, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 65.5% of Illinois neighborhoods.

Grand Crossing Southeast is an urban neighborhood (based on population density) located in Chicago, Illinois.

Grand Crossing Southeast 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 Grand Crossing Southeast 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 Grand Crossing Southeast. The current real estate vacancy rate here is 21.9%. This is higher than the rate of vacancies in 89.0% 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.

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 Grand Crossing Southeast neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The Grand Crossing Southeast neighborhood stands out for having an average per capita income lower than 99.0% of the neighborhoods in the United States. The Grand Crossing Southeast neighborhood also has a greater percentage of children living in poverty (69.9%) than found in 98.5% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.

In addition, whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Grand Crossing Southeast neighborhood has more single mother households than 97.5% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

Real Estate

Three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Grand Crossing Southeast neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 42.8% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 97.5% of America's neighborhoods.

Diversity

Did you know that the Grand Crossing Southeast neighborhood has more African and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 19.0% of this neighborhood's residents have African ancestry and 19.0% have Sub-Saharan African ancestry.

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 Grand Crossing Southeast neighborhood in Chicago are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 99.0% of U.S. neighborhoods. With 69.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.5% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Grand Crossing Southeast neighborhood, 45.1% of the working population is employed in clerical, assistant, and tech support 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 29.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.4%), and 9.3% in executive, management, and professional occupations.

Languages

The most common language spoken in the Grand Crossing Southeast neighborhood is English, spoken by 98.7% of households.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Grand Crossing Southeast neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (19.0%). There are also a number of people of African ancestry (19.0%), and residents who report Puerto Rican roots (1.7%).

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Grand Crossing Southeast neighborhood spend between 30 and 45 minutes commuting one-way to work (51.0% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (66.4%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (9.5%) and 5.9% 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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