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Real Estate Prices & Overview

W 21st St / S Rockwell St median real estate price is $297,875, which is more expensive than 50.4% of the neighborhoods in Illinois and 37.8% of the neighborhoods in the U.S.

The average rental price in W 21st St / S Rockwell St is currently $2,107, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 41.4% of Illinois neighborhoods.

W 21st St / S Rockwell St is a densely urban neighborhood (based on population density) located in Chicago, Illinois.

W 21st St / S Rockwell St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the W 21st St / S Rockwell St 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.

Home and apartment vacancy rates are 9.6% in W 21st St / S Rockwell St. NeighborhoodScout analysis shows that this rate is lower than 40.2% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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

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 21st St / S Rockwell St 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, 67.0% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 99.6% of America'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 W 21st St / S Rockwell St neighborhood is one of the most walkable neighborhoods in America.

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 21st St / S Rockwell St neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 56.9% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 95.7% of the neighborhoods in the United States.

People

For many reasons, W 21st St / S Rockwell St is rated by NeighborhoodScout as one of the top 1.7% of ideal neighborhoods for first-time home buyers in the state of Illinois. Homes here are priced below median housing values in the state, yet the neighborhood has a track record according to NeighborhoodScout's exclusive neighborhood home appreciation rates of above average real estate appreciation over the last five years compared to other IL neighborhoods, protecting your investment in your first home, while simultaneously making it less risky for your lender. Not only does this neighborhood stand out for combining price and home value stability or increases, it also is a neighborhood with a high quality resident population according exclusive data, meaning this is likely a good place to buy, live, and enjoy. While many first time home buyers focus purely on low cost and convenient location, which can risk your investment in your first home and put you in a less than desirable neighborhood, this neighborhood is a true standout for a lot of reasons, and definitely worth a look if you are a first time home buyer.

Modes of Transportation

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 5.2% of residents in the W 21st St / S Rockwell St neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 98.3% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Also, more people ride the bus in this neighborhood each day to get to work than 97.4% of U.S. neighborhoods.

Finally, in the W 21st St / S Rockwell St neighborhood, 15.3% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 96.5% of the neighborhoods in America.

Diversity

Did you know that the W 21st St / S Rockwell St neighborhood has more Brazilian and Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.2% of this neighborhood's residents have Brazilian ancestry and 65.6% have Mexican ancestry.

W 21st St / S Rockwell St is also pretty special linguistically. Significantly, 73.0% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.8% of all U.S. neighborhoods.

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 W 21st St / S Rockwell St neighborhood in Chicago are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 74.5% of the neighborhoods in America. With 25.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 76.4% 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 21st St / S Rockwell St neighborhood, 37.7% of the working population is employed in executive, management, and professional 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 26.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.4%), and 16.2% in clerical, assistant, and tech support occupations.

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 W 21st St / S Rockwell St neighborhood is Spanish, spoken by 73.0% of households. Other important languages spoken here include English and Polish.

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 21st St / S Rockwell St neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Mexican (65.6%). There are also a number of people of Puerto Rican ancestry (3.6%), and residents who report Italian roots (3.2%), and some of the residents are also of Asian ancestry (3.0%), along with some English ancestry residents (2.8%), among others. In addition, 34.9% 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 W 21st St / S Rockwell St neighborhood spend between 15 and 30 minutes commuting one-way to work (37.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (38.7%) 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 15.3% of residents also take the train 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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