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N Western Ave / W Grace St median real estate price is $1,005,411, which is more expensive than 98.8% of the neighborhoods in Illinois and 94.9% of the neighborhoods in the U.S.
The average rental price in N Western Ave / W Grace St is currently $2,249, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 92.4% of the neighborhoods in Illinois.
N Western Ave / W Grace St is a densely urban neighborhood (based on population density) located in Chicago, Illinois.
N Western Ave / W Grace St 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 N Western Ave / W Grace St 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 2000 and the present.
Home and apartment vacancy rates are 10.8% in N Western Ave / W Grace St. NeighborhoodScout analysis shows that this rate is lower than 40.8% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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.
A majority of the adults in the N Western Ave / W Grace St neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Illinois by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 99.8% of the neighborhoods in Illinois. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for urban sophisticates.
In addition, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 80.2% of the adults living in the N Western Ave / W Grace St neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 98.5% of U.S. neighborhoods. In this way, this neighborhood truly stands out.
Also, if you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 3.8% of America's neighborhoods are wealthier than the N Western Ave / W Grace St neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe.
Three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The N Western Ave / W Grace St neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 49.4% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 97.9% of America'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 N Western Ave / W Grace St 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 61.9% of the residential real estate in the N Western Ave / W Grace St neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 96.0% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 35.6% of the N Western Ave / W Grace St neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.7% of America's neighborhoods.
The N Western Ave / W Grace St neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 96.1% of the neighborhoods in America. In fact, 66.8% 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.
Did you know that the N Western Ave / W Grace St neighborhood has more Irish and Greek ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 27.6% of this neighborhood's residents have Irish ancestry and 2.6% have Greek ancestry.
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 Western Ave / W Grace St neighborhood in Chicago are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 96.2% of the neighborhoods in America. In addition, 2.0% 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 84.3% of America's neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the N Western Ave / W Grace St neighborhood, 66.8% 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 22.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (8.1%), and 2.6% in manufacturing and laborer occupations.
The most common language spoken in the N Western Ave / W Grace St neighborhood is English, spoken by 90.9% of households. Some people also speak Spanish (3.8%).
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 N Western Ave / W Grace St neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Irish (27.6%). There are also a number of people of German ancestry (25.5%), and residents who report Polish roots (11.8%), and some of the residents are also of Italian ancestry (7.7%), along with some English ancestry residents (4.7%), among others.
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 Western Ave / W Grace St neighborhood spend between 45 minutes and one hour commuting one-way to work (38.6% of working residents), longer and tougher than most commutes in America.
Here most residents (48.5%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (35.6%) and 7.8% of residents also carpool with coworkers, friends, or neighbors 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.
Analytics built by: Location, Inc.
Raw data sources: National Agriculture Statistics Service, U.S. Department of Agriculture, Federal Housing Finance Agency, U.S. Department of Housing and Urban Development, U.S. Bureau of the Census, U.S. Geological Service, American Community Survey.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
Analytics built by: Location, Inc.
Raw data sources: American Community Survey, U.S. Bureau of the Census, U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Geological Service, National Agricultural Statistics Service.
Date(s) & Update Frequency: 2018 (latest available). Updated annually. Please note: Unemployment data updated November 2020.
Methodology: Unlike standardly available Census demographics, NeighborhoodScout uses dozens of custom models to transform 8.5 million raw demographic data elements from government sources into proprietary indices and insights…. Read more about Scout's Demographic Data
Analytics built by: Location, Inc.
Raw data sources: 18,000 local law enforcement agencies in the U.S.
Date(s) & Update Frequency: Reflects 2019 calendar year; released from FBI in Sept. 2020 (latest available). Updated annually. Where is 2020 data?
Methodology: Our nationwide meta-analysis overcomes the issues inherent in any crime database, including non-reporting and reporting errors. This is possible by associating the 9.4 million reported crimes in the U.S, including over 2 million geocoded point locations…. Read more about Scout's Crime Data
Analytics built by: Location, Inc.
Methodology: Only NeighborhoodScout gives you nationally comparable school ranks based on test scores, so you can directly compare the quality of schools in any location. Read more about Scout's School Data
| School Details | Grades | Quality Rating Compared to IL* | Quality Rating Compared to Nation* |
|---|---|---|---|
|
Audubon Elem School
3500 N Hoyne Ave Chicago, IL 60618 |
PK-08 | ||
|
Bell Elem School
3730 N Oakley Ave Chicago, IL 60618 |
PK-08 | ||
|
Lake View High School
4015 N Ashland Ave Chicago, IL 60613 |
09-12 | ||
| * 10 is highest | |||
GET FULL REPORTS FOR ANY SCHOOL IN THIS DISTRICT
SEE ALL SCHOOLSAnalytics built by: Location, Inc.
Raw data sources: U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Dow Jones S&P, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Bureau of the Census, American Community Survey, U.S. Department of Housing and Urban Development, U.S. Geological Service, U.S. Department of Transportation, LEHD Origin-Destination Employment Statistics, Federal Highway Administration, National Agricultural Statistics.
Methodology: Scout Vision uniquely solves for investment risk by generating Home Price Appreciation projections with unprecedented geographic granularity and predictive accuracy, for every micro-neighborhood (block group) in the U.S. Read more
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