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Real Estate Prices & Overview

S Langley Ave / E 61st St median real estate price is $271,942, which is more expensive than 38.0% of the neighborhoods in Illinois and 29.1% of the neighborhoods in the U.S.

The average rental price in S Langley Ave / E 61st St is currently $1,436, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 71.3% of Illinois neighborhoods.

S Langley Ave / E 61st St is a densely urban neighborhood (based on population density) located in Chicago, Illinois.

S Langley Ave / E 61st St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the S Langley Ave / E 61st St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Vacant apartments or homes are a major fact of life in S Langley Ave / E 61st St. The current real estate vacancy rate here is 19.3%. This is higher than the rate of vacancies in 85.8% 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.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 98.6% of U.S. neighborhoods.

People

The S Langley Ave / E 61st St neighborhood stands out for having an average per capita income lower than 98.3% of the neighborhoods in the United States. Also of note, 64.1% 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.

In addition, astoundingly, the S Langley Ave / E 61st St neighborhood has one of the highest concentrations of divorcees living here than of any neighborhood, a higher concentration than NeighborhoodScout found in 98.0% of U.S. neighborhoods. This may be because people living here divorce more often than others, or that divorced people move here after they become divorced. If you are divorced, you will be in good company in this particular Chicago neighborhood.

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 Langley Ave / E 61st St 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 41.2% of the real estate here is made up of such dwellings, which is higher than 97.3% of all U.S. neighborhoods.

In addition, if you like crowded places, then you will probably enjoy the the S Langley Ave / E 61st St neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.3% of neighborhoods in the U.S., with 21,617 people per square mile living here.

Diversity

Did you know that the S Langley Ave / E 61st St neighborhood has more African and Sub-Saharan African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 22.0% of this neighborhood's residents have African ancestry and 24.9% have Sub-Saharan African ancestry.

S Langley Ave / E 61st St is also pretty special linguistically. Significantly, 4.4% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 98.3% 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 S Langley Ave / E 61st St 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 98.3% of U.S. neighborhoods. With 64.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 97.7% 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 Langley Ave / E 61st St neighborhood, 32.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 28.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (24.4%), and 14.7% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

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 S Langley Ave / E 61st St neighborhood is English, spoken by 90.2% of households. Other important languages spoken here include African languages and Spanish.

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 S Langley Ave / E 61st St neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (24.9%). There are also a number of people of African ancestry (22.0%), and residents who report Polish roots (1.1%), and some of the residents are also of Mexican ancestry (1.1%). In addition, 11.2% of the residents of this neighborhood were born in another country.

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 Langley Ave / E 61st St neighborhood spend between 45 minutes and one hour commuting one-way to work (28.1% of working residents), longer and tougher than most commutes in America.

Here most residents (48.3%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (20.2%) and 7.0% 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.


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