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Real Estate Prices & Overview

S Springfield Ave / W Congress Pkwy median real estate price is $297,644, which is more expensive than 49.9% of the neighborhoods in Illinois and 37.2% of the neighborhoods in the U.S.

The average rental price in S Springfield Ave / W Congress Pkwy is currently $2,083, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 41.6% of Illinois neighborhoods.

S Springfield Ave / W Congress Pkwy is a densely urban neighborhood (based on population density) located in Chicago, Illinois.

S Springfield Ave / W Congress Pkwy real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the S Springfield Ave / W Congress Pkwy 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.

Vacant apartments or homes are a major fact of life in S Springfield Ave / W Congress Pkwy. The current real estate vacancy rate here is 30.1%. This is higher than the rate of vacancies in 95.5% 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.

Notable & Unique Neighborhood Characteristics

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

Corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the S Springfield Ave / W Congress Pkwy neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 66.9% of the real estate here is made up of such dwellings, which is higher than 99.6% of all U.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 S Springfield Ave / W Congress Pkwy neighborhood is one of the most walkable neighborhoods in America.

Furthermore, renter-occupied real estate is dominant in the S Springfield Ave / W Congress Pkwy neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 86.4%, which is higher than 95.8% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so. Despite all of the residential real estate here in the S Springfield Ave / W Congress Pkwy neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 30.1%, which is higher than 95.5% of all U.S. neighborhoods.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 99.4% of U.S. neighborhoods.

People

NeighborhoodScout's exclusive research revealed that 96.2% of the adult residents in the S Springfield Ave / W Congress Pkwy neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 98.2% of the neighborhoods in America.

In addition, single parenting is hard. But you don't have to tell the S Springfield Ave / W Congress Pkwy neighborhood about it; they already know. 18.3% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 95.9% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

Also, one of the unique characteristics of the S Springfield Ave / W Congress Pkwy neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 95.5% of the neighborhoods in America.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the S Springfield Ave / W Congress Pkwy neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 97.1% of all American 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 S Springfield Ave / W Congress Pkwy neighborhood. More residents of the S Springfield Ave / W Congress Pkwy neighborhood live here today that also were living in this same neighborhood five years ago than is found in 98.8% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.

Diversity

Did you know that the S Springfield Ave / W Congress Pkwy neighborhood has more Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.2% of this neighborhood's residents have Eastern European ancestry.

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 S Springfield Ave / W Congress Pkwy neighborhood in Chicago are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.5% of U.S. neighborhoods. With 13.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 58.6% 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 S Springfield Ave / W Congress Pkwy neighborhood, 39.8% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 38.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.0%), and 8.2% in executive, management, and professional occupations.

Languages

The most common language spoken in the S Springfield Ave / W Congress Pkwy neighborhood is English, spoken by 99.6% of households.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the S Springfield Ave / W Congress Pkwy neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Eastern European (2.2%). There are also a number of people of Irish ancestry (1.7%).

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in S Springfield Ave / W Congress Pkwy neighborhood spend between 30 and 45 minutes commuting one-way to work (40.0% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (67.7%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (24.2%) and 5.5% of residents also hop out the door and walk to work 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.

Real Estate includes:
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Economics & Demographics include:
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Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
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