W Grand Ave / W Augusta Blvd median real estate price is $347,329, which is more expensive than 60.3% of the neighborhoods in Illinois and 46.2% of the neighborhoods in the U.S.
The average rental price in W Grand Ave / W Augusta Blvd is currently $2,306, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 71.3% of the neighborhoods in Illinois.
W Grand Ave / W Augusta Blvd is a densely urban neighborhood (based on population density) located in Chicago, Illinois.
W Grand Ave / W Augusta Blvd 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 occupied by a mixture of owners and renters. Many of the residences in the W Grand Ave / W Augusta Blvd 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.
W Grand Ave / W Augusta Blvd has a 13.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 72.7% 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.
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.
People
Of note is NeighborhoodScout's research finding that the W Grand Ave / W Augusta Blvd neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the W Grand Ave / W Augusta Blvd community truly stands out from the rest in this regard.
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 / W Augusta Blvd 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, being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the W Grand Ave / W Augusta Blvd neighborhood is one of the most walkable neighborhoods in America.
Furthermore, 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 55.1% of the residential real estate in the W Grand Ave / W Augusta Blvd neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 95.2% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
Modes of Transportation
In the W Grand Ave / W Augusta Blvd neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 27.8% of commuters carpool here, which is more than in 98.3% of all U.S. neighborhoods.
Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 4.2% of residents in the W Grand Ave / W Augusta Blvd neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 97.5% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
Finally, our research revealed that more commuters here take the bus to work (14.9% ride the bus) than 97.3% 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.
Car Ownership
American households most often have a car, and regularly they have two or three. But households in the W Grand Ave / W Augusta Blvd neighborhood buck this trend. 19.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.1% of U.S. neighborhoods.
Diversity
Did you know that the W Grand Ave / W Augusta Blvd neighborhood has more South American and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 13.9% of this neighborhood's residents have South American ancestry and 6.2% have Haitian ancestry.
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 W Grand Ave / W Augusta Blvd neighborhood in Chicago are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 60.1% 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 W Grand Ave / W Augusta Blvd neighborhood, 42.0% 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 23.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.0%), and 14.9% in manufacturing and laborer occupations.
Languages
The most common language spoken in the W Grand Ave / W Augusta Blvd neighborhood is English, spoken by 62.1% of households. Some people also speak Spanish (37.8%).
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 W Grand Ave / W Augusta Blvd neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Irish (13.9%). There are also a number of people of South American ancestry (13.9%), and residents who report Puerto Rican roots (13.6%), and some of the residents are also of Mexican ancestry (12.9%), along with some German ancestry residents (10.1%), among others. In addition, 19.5% of the residents of this neighborhood were born in another country.
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 / W Augusta Blvd neighborhood spend between 30 and 45 minutes commuting one-way to work (41.1% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (35.1%) 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 (27.8%) and 14.9% 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.
