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Real Estate Prices & Overview

Crestline Arms / Parkshire Estates median real estate price is $209,487, which is more expensive than 35.6% of the neighborhoods in Illinois and 25.1% of the neighborhoods in the U.S.

The average rental price in Crestline Arms / Parkshire Estates is currently $2,076, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 62.9% of the neighborhoods in Illinois.

Crestline Arms / Parkshire Estates is an urban neighborhood (based on population density) located in Oak Lawn, Illinois.

Crestline Arms / Parkshire Estates real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Crestline Arms / Parkshire Estates neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in Crestline Arms / Parkshire Estates are 4.2%, which is lower than one will find in 72.1% of American neighborhoods. Demand for real estate in Crestline Arms / Parkshire Estates is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Oak Lawn, the Crestline Arms / Parkshire Estates neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Diversity

Did you know that the Crestline Arms / Parkshire Estates neighborhood has more Lithuanian and Polish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.4% of this neighborhood's residents have Lithuanian ancestry and 11.9% have Polish ancestry.

Crestline Arms / Parkshire Estates is also pretty special linguistically. Significantly, 1.8% of its residents five years old and above primarily speak Greek at home. While this may seem like a small percentage, it is higher than 98.9% of the neighborhoods in America.

The Neighbors

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 Crestline Arms / Parkshire Estates neighborhood in Oak Lawn are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 47.1% of the neighborhoods in America. In addition, 4.2% 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 67.4% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Crestline Arms / Parkshire Estates neighborhood, 41.1% 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 27.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (21.7%), and 9.7% in clerical, assistant, and tech support 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 Crestline Arms / Parkshire Estates neighborhood is English, spoken by 72.1% of households. Other important languages spoken here include Spanish and Arabic.

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 Crestline Arms / Parkshire Estates neighborhood in Oak Lawn, IL, residents most commonly identify their ethnicity or ancestry as Mexican (23.7%). There are also a number of people of Irish ancestry (15.1%), and residents who report Polish roots (11.9%), and some of the residents are also of German ancestry (8.8%), along with some Italian ancestry residents (5.2%), among others. In addition, 17.9% of the residents of this neighborhood were born in another country.

Getting to Work

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 Crestline Arms / Parkshire Estates neighborhood spend between 45 minutes and one hour commuting one-way to work (45.7% of working residents), longer and tougher than most commutes in America.

Here most residents (73.8%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (9.5%) and 7.5% 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.


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