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Real Estate Prices & Overview

W Grand Ave / N Mobile Ave median real estate price is $333,678, which is more expensive than 64.6% of the neighborhoods in Illinois and 48.4% of the neighborhoods in the U.S.

The average rental price in W Grand Ave / N Mobile Ave is currently $2,009, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 40.7% of Illinois neighborhoods.

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

W Grand Ave / N Mobile Ave 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 W Grand Ave / N Mobile 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.

Real estate vacancies in W Grand Ave / N Mobile Ave are 3.1%, which is lower than one will find in 79.8% of American neighborhoods. Demand for real estate in W Grand Ave / N Mobile 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

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

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 W Grand Ave / N Mobile Ave 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 50.1% of the real estate here is made up of such dwellings, which is higher than 98.4% of all U.S. neighborhoods.

In addition, 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 W Grand Ave / N Mobile Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.

People

NeighborhoodScout's exclusive research revealed that 93.8% of the adult residents in the W Grand Ave / N Mobile Ave neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 96.0% of the neighborhoods in America.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (11.3% ride the bus) than 95.5% 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.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the W Grand Ave / N Mobile Ave neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 9.8% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 95.2% of all neighborhoods in America.

Diversity

Did you know that the W Grand Ave / N Mobile Ave neighborhood has more Puerto Rican and Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 15.0% of this neighborhood's residents have Puerto Rican ancestry and 59.4% have Mexican ancestry.

W Grand Ave / N Mobile Ave is also pretty special linguistically. Significantly, 9.2% of its residents five years old and above primarily speak Tagalog, which is the first language of the Philippine region, at home. While this may seem like a small percentage, it is higher than 99.3% 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 W Grand Ave / N Mobile Ave 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 72.2% of U.S. neighborhoods. In addition, 9.8% 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 51.2% of America'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 W Grand Ave / N Mobile Ave neighborhood, 30.7% 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 29.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (27.0%), and 12.6% in executive, management, and professional 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 W Grand Ave / N Mobile Ave neighborhood is Spanish, spoken by 73.0% of households. Other important languages spoken here include English and Tagalog (the first language of the Philippine region).

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 W Grand Ave / N Mobile Ave neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Mexican (59.4%). There are also a number of people of Puerto Rican ancestry (15.0%), and residents who report Asian roots (7.5%), and some of the residents are also of German ancestry (2.6%), along with some South American ancestry residents (2.6%), among others. In addition, 33.2% of the residents of this neighborhood were born in another country.

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 W Grand Ave / N Mobile Ave neighborhood spend between 30 and 45 minutes commuting one-way to work (38.1% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods. However, there is also a significant group of residents (9.8%) who commute over an hour in each direction.

Here most residents (63.5%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (15.4%) and 11.3% of residents also ride the bus 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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