N Sheridan Rd / W Granville Ave median real estate price is $242,620, which is more expensive than 42.2% of the neighborhoods in Illinois and 30.4% of the neighborhoods in the U.S.
The average rental price in N Sheridan Rd / W Granville Ave is currently $1,987, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 42.2% of Illinois neighborhoods.
N Sheridan Rd / W Granville Ave is a densely urban neighborhood (based on population density) located in Chicago, Illinois.
N Sheridan Rd / W Granville Ave 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the N Sheridan Rd / W Granville 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 1970 and 1999.
N Sheridan Rd / W Granville Ave has a 11.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 66.0% 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.
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.
Real Estate
The N Sheridan Rd / W Granville Ave 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 97.0% 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.
In addition, one of the really unique and interesting things about the look and setting of the N Sheridan Rd / W Granville Ave neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 96.3% 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 99.2% of all neighborhoods in America.
Furthermore, the N Sheridan Rd / W Granville Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 62,903 persons per square mile in the neighborhood, it is more packed with people than 98.9% of the nation's neighborhoods. 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 N Sheridan Rd / W Granville Ave neighborhood is one of the most walkable neighborhoods in America.
People
An extraordinary 37.1% of the residents of the N Sheridan Rd / W Granville Ave neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.
In addition, the N Sheridan Rd / W Granville Ave neighborhood stands out within Illinois for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 5.2% of college-friendly places to live in IL.
Car Ownership
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the N Sheridan Rd / W Granville Ave neighborhood have a highly unusual car ownership. 50.0% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.7% of U.S. neighborhoods.
Modes of Transportation
More people ride the bus in this neighborhood each day to get to work than 97.8% of U.S. neighborhoods.
Also, in the N Sheridan Rd / W Granville Ave neighborhood, 25.4% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 97.8% of the neighborhoods in America.
Length of Commute
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The N Sheridan Rd / W Granville Ave neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the N Sheridan Rd / W Granville Ave neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 10.6% 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 96.1% of all neighborhoods in America.
Diversity
Did you know that the N Sheridan Rd / W Granville Ave neighborhood has more Canadian and Portuguese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.5% of this neighborhood's residents have Canadian ancestry and 2.7% have Portuguese ancestry.
N Sheridan Rd / W Granville Ave is also pretty special linguistically. Significantly, 5.8% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 97.9% of the neighborhoods in America.
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 N Sheridan Rd / W Granville 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 75.1% of U.S. neighborhoods. With 43.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 90.9% of U.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 N Sheridan Rd / W Granville Ave neighborhood, 44.6% 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 30.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.5%), and 6.6% in manufacturing and laborer 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 N Sheridan Rd / W Granville Ave neighborhood is English, spoken by 71.0% of households. Other important languages spoken here include Spanish, Langs. of India and African languages.
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 N Sheridan Rd / W Granville Ave neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Asian (12.8%). There are also a number of people of Mexican ancestry (9.5%), and residents who report German roots (8.8%), and some of the residents are also of English ancestry (6.1%), along with some Sub-Saharan African ancestry residents (5.3%), among others. In addition, 26.3% 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 N Sheridan Rd / W Granville Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (36.3% of working residents), longer and tougher than most commutes in America.
Here most residents (27.7%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (25.4%) and 16.7% 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.
