Chicago, IL (S Lake Shore Dr)




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S Lake Shore Dr

NEIGHBORHOOD REPORT
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640 Vital Statistics. 19 Condition Alerts found.

Real Estate alerts

Real Estate


44

Statistics

alerts 7 Alerts

Found
Demographics alerts

Demographics


136

Statistics

alerts 2 Alerts

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Crimes alerts

Crimes


67

Statistics

alerts 2 Alerts

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Schools alerts

Schools


65

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alerts 6 Alerts

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328

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alerts 2 Alerts

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About Chicago, IL (S Lake Shore Dr)


Real Estate Prices and Overview

S Lake Shore Dr median real estate price is $213,715, which is more expensive than 63.7% of the neighborhoods in Illinois and 57.4% of the neighborhoods in the U.S.

The average rental price in S Lake Shore Dr is currently $1,219, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 67.2% of the neighborhoods in Illinois.

S Lake Shore Dr is a densely urban neighborhood (based on population density) located in Chicago, Illinois.

S Lake Shore Dr 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the S Lake Shore Dr 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 Lake Shore Dr has a 13.5% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 69.9% 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

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.

Notable & Unique: Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 99.3% 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 S Lake Shore Dr neighborhood is a fantastic option for bicycle commuters, as 5.7% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 98.0% of the neighborhoods in America.

Finally, more people in S Lake Shore Dr choose to walk to work each day (17.1%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Notable & Unique: People

One of the most interesting things about the S Lake Shore Dr neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 57.7% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 99.0% of the neighborhoods in America.

In addition, some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. NeighborhoodScout's exclusive analysis reveals that 38.1% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 97.7% of U.S. neighborhoods, where the average American neighborhood has 8.4% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.

Notable & Unique: Real Estate

One of the really unique and interesting things about the look and setting of the S Lake Shore Dr neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 87.7% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 98.3% of all neighborhoods in America.

In addition, if you like crowded places, then you will probably enjoy the the S Lake Shore Dr neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.4% of neighborhoods in the U.S., with 21,264 people per square mile living here. 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 S Lake Shore Dr neighborhood is one of the most walkable neighborhoods in America.

Furthermore, the S Lake Shore Dr neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 82.1% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Also of note, 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 60.0% of the residential real estate in the S Lake Shore Dr neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 95.4% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Notable & Unique: Diversity

Did you know that the S Lake Shore Dr neighborhood has more Swiss and Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.9% of this neighborhood's residents have Swiss ancestry and 3.2% have Arab ancestry.

S Lake Shore Dr is also pretty special linguistically. Significantly, 1.7% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 97.1% of the neighborhoods in America.

Notable & Unique: Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the S Lake Shore Dr neighborhood has a highly unusual pattern of car ownership. 34.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.4% of U.S. neighborhoods.

Notable & Unique: Occupations

The S Lake Shore Dr neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 96.1% of the neighborhoods in American. In fact, 65.4% 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.


The Neighbors

The Neighbors: Income

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 Lake Shore Dr 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 76.4% of U.S. neighborhoods. With 27.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 68.5% of U.S. neighborhoods.

The Neighbors: Occupations

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 S Lake Shore Dr neighborhood, 65.4% 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 19.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (11.3%), and 7.8% in government jobs, whether they are in local, state, or federal positions.

The Neighbors: 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 Lake Shore Dr neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (10.4%). There are also a number of people of Mexican ancestry (8.2%), and residents who report Asian roots (7.3%), and some of the residents are also of African ancestry (6.0%), along with some English ancestry residents (5.4%), among others. In addition, 21.4% of the residents of this neighborhood were born in another country.

The Neighbors: 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 S Lake Shore Dr neighborhood is English, spoken by 70.6% of households. Other important languages spoken here include Spanish and Arabic.

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 Lake Shore Dr neighborhood spend between 15 and 30 minutes commuting one-way to work (39.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (32.7%) ride the bus to get to work. In addition, quite a number also drive alone in a private automobile to get to work (22.2%) and 17.1% of residents also hop out the door and walk to work for their daily commute. The bus provides a valuable service in the S Lake Shore Dr 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.

Neighborhood Real Estate Data

44 Vital Statistics. 7 Condition Alerts found.

Average Home Values

 

Median Home Value:
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Median Real Estate Taxes:
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Neighborhood Home Prices

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years of average rent needed to buy average home in this neighborhood
years and months

Average Market Rent

 

Average Market Rent:
/ per month

MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS

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Setting

 
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Neighborhood Look and Feel

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Housing Market Details

 

AGE OF Chicago, IL (S Lake Shore Dr) HOMES

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TYPE OF Chicago, IL (S Lake Shore Dr) HOMES

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SIZE OF Chicago, IL (S Lake Shore Dr) HOMES

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SIZE OF Chicago, IL (S Lake Shore Dr) HOMES

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homeownership

 
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Neighborhood Demographics Data

136 Vital Statistics. 2 Condition Alerts found.

Lifestyle

 
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Special character

 
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Age / Marital Status

 

Age

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Marital Status

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Gender Ratio

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Military & College Status

 
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Household Types

 

One person households

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Same Sex Partners

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Married Couple with Child

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Single Parent with Child

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Employment Industries in S Lake Shore Dr

 
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Commute to work

 

Average One-way Commute Time

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Means Of Transport

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Vehicles Per Household

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Migration & Mobility

 
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Race & Ethnic Diversity

 

Diversity Index

(100 is the most diverse)


More diverse than of U.S. neighborhoods.

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Occupations

 
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Ancestries & Languages Spoken

 

Ancestry (top 20)

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Unemployment Rate

 
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Average Income

 

Per Capita Income

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Median Household Income

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Education

 

Percent with College Degree

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Percent with Advanced Degree

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income & education

 
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Neighborhood Crime Data

67 Vital Statistics. 2 Condition Alerts found.

Neighborhood Crime Data

 

total Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Neighborhood Annual Crimes
  Violent Property Total
Number of Crimes
Crime Rate
(per 1,000 residents)

Neighborhood Violent Crime

violent Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Violent Crime Index By Type

Murder
Index
Rape
Index
Robbery
Index
Assault
Index

100 is safest

100 is safest

100 is safest

100 is safest

violent Crime Comparison (per 1,000 residents)

Crime
S Lake Shore Dr 0.101011101001110
Chicago 0.101011101001110
Illinois 3.84

My Chances of Becoming a Victim of a Violent Crime

1 in

in S Lake Shore Dr

1 in

in Chicago

1 in 261

in Illinois

Chicago VIOLENT CRIMES

Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000

United States VIOLENT CRIMES

Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000

Neighborhood Property Crime

property Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Property Crime Index By Type
Burglary
Index
Theft
Index
Motor Vehicle
Theft

100 is safest

100 is safest

100 is safest

property Crime Comparison (per 1,000 residents)

Crime
S Lake Shore Dr 0.101011101001110
Chicago 0.101011101001110
Illinois 19.89

My Chances of Becoming a Victim of a Property Crime

1 in

in S Lake Shore Dr

1 in

in Chicago

1 in 50

in Illinois

Chicago Property CRIMES

Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000

United States Property CRIMES

Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000

Crimes Per Square Mile

Crime
S Lake Shore Dr 0.101011101001110
Chicago 0.101011101001110
Illinois 33

Neighborhood Public School Data

65 Vital Statistics. 6 Condition Alerts found.

School Rating Information

 

School Quality

(100 is best)

Better than of U.S. schools.

Neighborhood School Quality Rating

Rates the quality of all K-12 public schools that serve this neighborhood. Info

Schools That Serve This Neighborhood *

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Neighborhood Educational Environment

Adults In Neighborhood With College Degree Or Higher
Children In The Neighborhood Living In Poverty

This neighborhood is served by 1 district:

CITY OF CHICAGO SD 299


Students Enrolled in This District


Schools in District


Students Per Classroom

District Quality Compared to Illinois

(10 is best)

Better than of IL school districts.

District Quality Compared to U.S. info

(10 is best)

Better than of US school districts.

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Public School Test Scores (No Child Left Behind)

Discipline District State
Proficiency in Reading and Math 0.101011101001110 0.101011101001110
Proficiency in Reading 0.101011101001110 0.101011101001110
Proficiency in Math 0.101011101001110 0.101011101001110

School District Enrollment By Group

Ethnic/racial Groups This District This State
White (non-hispanic)
Black
Hispanic
Asian Or Pacific Islander
American Indian Or Native Of Alaska
Economic Groups This District This State
ECONOMICALLY DISADVANTAGED
FREE LUNCH ELIGIBLE
REDUCED LUNCH ELIGIBLE

Educational Expenditures

For This District Per Student Total % Of Total
Instructional Expenditures
Support Expenditures
Student
Staff
General Administration
School Administration
Operation
Transportation
Other
Total Support
Non-instructional Expenditures
Total Expenditures

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