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Real Estate Prices & Overview

W 27th St / S Harding Ave median real estate price is $260,141, which is more expensive than 46.0% of the neighborhoods in Illinois and 33.2% of the neighborhoods in the U.S.

The average rental price in W 27th St / S Harding Ave is currently $1,457, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 68.7% of Illinois neighborhoods.

W 27th St / S Harding Ave is a densely urban neighborhood (based on population density) located in Chicago, Illinois.

W 27th St / S Harding Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the W 27th St / S Harding 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 27th St / S Harding Ave are 3.4%, which is lower than one will find in 77.3% of American neighborhoods. Demand for real estate in W 27th St / S Harding 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

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

The W 27th St / S Harding Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 33,505 persons per square mile in the neighborhood, it is more packed with people than 97.4% of the nation's neighborhoods. 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 27th St / S Harding Ave neighborhood is one of the most walkable neighborhoods in America.

In addition, 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 W 27th St / S Harding Ave 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 37.6% of the real estate here is made up of such dwellings, which is higher than 96.6% of all U.S. neighborhoods.

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 62.2% of the residential real estate in the W 27th St / S Harding Ave neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 97.0% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Modes of Transportation

In the W 27th St / S Harding Ave neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 22.4% of commuters carpool here, which is more than in 95.3% of all U.S. neighborhoods.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the W 27th St / S Harding Ave neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 95.0% of all American neighborhoods.

Diversity

Did you know that the W 27th St / S Harding Ave neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 82.2% of this neighborhood's residents have Mexican ancestry.

W 27th St / S Harding Ave is also pretty special linguistically. Significantly, 80.8% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.7% of all U.S. neighborhoods.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the W 27th St / S Harding Ave neighborhood has a greater percentage of residents born in another country (55.5%) than are found in 98.7% 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 W 27th St / S Harding Ave neighborhood in Chicago are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 77.1% of U.S. neighborhoods. With 32.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 83.9% of U.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 W 27th St / S Harding Ave neighborhood, 37.9% 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 28.8% of the residents employed. Other residents here are employed in executive, management, and professional occupations (19.7%), and 13.6% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the W 27th St / S Harding Ave neighborhood is Spanish, spoken by 80.8% of households. Some people also speak English (16.2%).

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 W 27th St / S Harding Ave neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Mexican (82.2%). There are also a number of people of Polish ancestry (6.9%), and residents who report Asian roots (2.2%), and some of the residents are also of Puerto Rican ancestry (2.2%). In addition, 55.5% 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 27th St / S Harding Ave neighborhood spend between 15 and 30 minutes commuting one-way to work (32.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (60.9%) 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 (22.4%) and 7.8% of residents also ride the bus 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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