S Lamon Ave / W 46th St median real estate price is $142,578, which is more expensive than 35.8% of the neighborhoods in Illinois and 34.8% of the neighborhoods in the U.S.
The average rental price in S Lamon Ave / W 46th St is currently $1,189, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 69.0% of the neighborhoods in Illinois.
S Lamon Ave / W 46th St is an urban neighborhood (based on population density) located in Chicago, Illinois.
S Lamon Ave / W 46th St real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the S Lamon Ave / W 46th St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in S Lamon Ave / W 46th St. The current real estate vacancy rate here is 27.4%. This is higher than the rate of vacancies in 92.7% 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.