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Real Estate Prices & Overview

Downtown Waukegan South median real estate price is $219,267, which is more expensive than 38.4% of the neighborhoods in Illinois and 26.9% of the neighborhoods in the U.S.

The average rental price in Downtown Waukegan South is currently $1,553, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 63.7% of Illinois neighborhoods.

Downtown Waukegan South is an urban neighborhood (based on population density) located in Waukegan, Illinois.

Downtown Waukegan South real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Downtown Waukegan South 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.

Real estate vacancies in Downtown Waukegan South are 5.7%, which is lower than one will find in 61.6% of American neighborhoods. Demand for real estate in Downtown Waukegan South 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

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.

Modes of Transportation

Our research shows that more people carpool to work here in the Downtown Waukegan South (34.3%) than in 99.4% of the neighborhoods in America.

People

One of the really interesting characteristics about the Downtown Waukegan South neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 0.6% of college-friendly places to live in the state of Illinois.

In addition, neighborhoodScout's exclusive research revealed that 93.2% of the adult residents in the Downtown Waukegan South neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 95.5% of the neighborhoods in America.

Real Estate

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 Downtown Waukegan South 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, 38.4% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 96.8% of America's neighborhoods.

Diversity

Did you know that the Downtown Waukegan South neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 72.9% of this neighborhood's residents have Mexican ancestry.

Downtown Waukegan South is also pretty special linguistically. Significantly, 78.8% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.5% of all U.S. neighborhoods.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Downtown Waukegan South neighborhood. What is interesting to note, is that the Downtown Waukegan South neighborhood has a greater percentage of residents born in another country (43.9%) than are found in 95.7% of all U.S. neighborhoods.

The Neighbors

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 Downtown Waukegan South neighborhood in Waukegan are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 63.0% of U.S. neighborhoods. With 24.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 75.1% of U.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 Downtown Waukegan South neighborhood, 38.9% of the working population is employed in manufacturing and laborer 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 31.1% of the residents employed. Other residents here are employed in executive, management, and professional occupations (19.7%), and 10.3% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Downtown Waukegan South neighborhood is Spanish, spoken by 78.8% of households. Some people also speak English (20.8%).

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 Downtown Waukegan South neighborhood in Waukegan, IL, residents most commonly identify their ethnicity or ancestry as Mexican (72.9%). There are also a number of people of Puerto Rican ancestry (4.5%), and residents who report German roots (2.7%), and some of the residents are also of Irish ancestry (1.8%). In addition, 43.9% 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 Downtown Waukegan South neighborhood spend between 30 and 45 minutes commuting one-way to work (37.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (54.4%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (34.3%) . 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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