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Real Estate Prices & Overview

W Lemoyne St / N Avers Ave median real estate price is $396,559, which is more expensive than 69.2% of the neighborhoods in Illinois and 53.2% of the neighborhoods in the U.S.

The average rental price in W Lemoyne St / N Avers Ave is currently $1,947, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 46.1% of Illinois neighborhoods.

W Lemoyne St / N Avers Ave is a densely urban neighborhood (based on population density) located in Chicago, Illinois.

W Lemoyne St / N Avers Ave real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 W Lemoyne St / N Avers 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 1940 and 1969.

Real estate vacancies in W Lemoyne St / N Avers Ave are 3.6%, which is lower than one will find in 76.5% of American neighborhoods. Demand for real estate in W Lemoyne St / N Avers Ave 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.

Real Estate

If you like crowded places, then you will probably enjoy the the W Lemoyne St / N Avers Ave neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.1% of neighborhoods in the U.S., with 24,888 people per square mile living here. 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 W Lemoyne St / N Avers Ave neighborhood is one of the most walkable neighborhoods in America.

In addition, 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 W Lemoyne St / N Avers Ave 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, 42.5% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 97.5% of America's neighborhoods.

Furthermore, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The W Lemoyne St / N Avers Ave neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 56.3% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 95.5% of the neighborhoods in the United States.

People

The W Lemoyne St / N Avers Ave neighborhood stands out for having an average per capita income lower than 95.5% of the neighborhoods in the United States. Also of note, 65.5% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (15.5% ride the bus) than 97.5% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 2.7% of residents in the W Lemoyne St / N Avers Ave neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 95.2% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the W Lemoyne St / N Avers Ave neighborhood buck this trend. 20.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.4% of U.S. neighborhoods.

Diversity

Did you know that the W Lemoyne St / N Avers Ave neighborhood has more Puerto Rican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 21.3% of this neighborhood's residents have Puerto Rican ancestry and 4.9% have Dominican ancestry.

W Lemoyne St / N Avers Ave is also pretty special linguistically. Significantly, 64.3% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.5% 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 W Lemoyne St / N Avers Ave 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 65.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.9% 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 W Lemoyne St / N Avers Ave neighborhood, 34.8% 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 manufacturing and laborer occupations, with 24.2% of the residents employed. Other residents here are employed in executive, management, and professional occupations (22.4%), and 18.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the W Lemoyne St / N Avers Ave neighborhood is Spanish, spoken by 64.3% of households. Some people also speak English (34.6%).

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 W Lemoyne St / N Avers Ave neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Mexican (44.8%). There are also a number of people of Puerto Rican ancestry (21.3%), and residents who report Asian roots (7.2%), and some of the residents are also of Dominican ancestry (4.9%), along with some Italian ancestry residents (1.5%), among others. In addition, 25.2% 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 W Lemoyne St / N Avers Ave neighborhood spend between 30 and 45 minutes commuting one-way to work (33.3% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (57.1%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (15.5%) and 15.2% 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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