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Real Estate Prices & Overview

N Ogden Ave / W Grand Ave median real estate price is $674,713, which is more expensive than 89.9% of the neighborhoods in Illinois and 76.7% of the neighborhoods in the U.S.

The average rental price in N Ogden Ave / W Grand Ave is currently $3,143, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 87.8% of the neighborhoods in Illinois.

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

N Ogden Ave / W Grand Ave 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 occupied by a mixture of owners and renters. Many of the residences in the N Ogden Ave / W Grand 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 2000 and the present.

Real estate vacancies in N Ogden Ave / W Grand Ave are 4.8%, which is lower than one will find in 66.5% of American neighborhoods. Demand for real estate in N Ogden Ave / W Grand 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

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Chicago, the N Ogden Ave / W Grand Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

N Ogden Ave / W Grand Ave has the amazing distinction of housing more same sex couples living together than 98.8% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.

In addition, the rate of college educated adults in the N Ogden Ave / W Grand Ave neighborhood is a unique characteristic of the neighborhood. 76.2% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 35.0% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 96.4% of all U.S. neighborhoods.

Also, think about the people you know personally. How many of them would purchase box seats to opening night at the symphony? How many of them regularly attend gallery openings, or are the first to reserve tickets to opening night at the ballet? If they're like most of us, they don't do any of these things. But if you're among an exclusive crowd of wealthy and refined patrons of the arts, then you'll feel right at home in the N Ogden Ave / W Grand Ave neighborhood: a neighborhood in which more "urban sophisticates" live than 95.1% of neighborhoods across the U.S. Here, your neighbors are defined as having urbane tastes in literature, music, live theatre and the arts. They are wealthy, educated, travel in style, and live a big city lifestyle whether or not they live in or near a big city. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for young, single professionals.

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 N Ogden Ave / W Grand 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 44.8% of the real estate here is made up of such dwellings, which is higher than 97.8% of all U.S. neighborhoods.

In addition, if you like crowded places, then you will probably enjoy the the N Ogden Ave / W Grand Ave neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.6% of neighborhoods in the U.S., with 22,714 people per square mile living here. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The N Ogden Ave / W Grand Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.

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 3.9% of residents in the N Ogden Ave / W Grand Ave neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 97.2% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Also, in the N Ogden Ave / W Grand Ave neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 31.1% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 95.4% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.

Finally, in the N Ogden Ave / W Grand Ave neighborhood, 8.9% 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 95.0% of the neighborhoods in America.

Diversity

Did you know that the N Ogden Ave / W Grand Ave neighborhood has more Arab and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.7% of this neighborhood's residents have Arab ancestry and 1.9% have Iranian 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 N Ogden Ave / W Grand Ave 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 81.5% of the neighborhoods in America. With 28.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 80.6% 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 N Ogden Ave / W Grand Ave neighborhood, 66.2% 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 19.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.9%), and 4.0% in manufacturing and laborer 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 N Ogden Ave / W Grand Ave neighborhood is English, spoken by 76.4% of households. Other important languages spoken here include Spanish and Italian.

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 N Ogden Ave / W Grand Ave neighborhood in Chicago, IL, residents most commonly identify their ethnicity or ancestry as Mexican (14.8%). There are also a number of people of German ancestry (13.3%), and residents who report Italian roots (13.0%), and some of the residents are also of Irish ancestry (11.4%), along with some Polish ancestry residents (8.1%), among others. In addition, 11.9% 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 N Ogden Ave / W Grand Ave neighborhood spend between 15 and 30 minutes commuting one-way to work (50.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (35.7%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (8.9%) and 8.6% 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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