W 26th St / S 55th Ave median real estate price is $212,345, which is less expensive than 67.0% of Illinois neighborhoods and 76.6% of all U.S. neighborhoods.
The average rental price in W 26th St / S 55th Ave is currently $1,853, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 54.4% of Illinois neighborhoods.
W 26th St / S 55th Ave is an urban neighborhood (based on population density) located in Cicero, Illinois.
W 26th St / S 55th Ave 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 occupied by a mixture of owners and renters. Many of the residences in the W 26th St / S 55th 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 26th St / S 55th Ave are 5.5%, which is lower than one will find in 62.8% of American neighborhoods. Demand for real estate in W 26th St / S 55th 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.
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 26th St / S 55th 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, 61.6% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 99.3% 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 26th St / S 55th Ave neighborhood is one of the most walkable neighborhoods in America.
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 85.2% of the residential real estate in the W 26th St / S 55th Ave neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 99.8% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
Occupations
NeighborhoodScout's exclusive research identifies the W 26th St / S 55th Ave neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 45.2% of its working residents employed in such fields, which is a higher proportion than 97.2% of American neighborhoods.
People
One of the really interesting characteristics about the W 26th St / S 55th Ave neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 3.0% of college-friendly places to live in the state of Illinois.
Modes of Transportation
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 10.2% of the W 26th St / S 55th Ave neighborhood's commuters ride the train to and from work each day, which is more than we found in 95.1% of America's neighborhoods.
Diversity
Did you know that the W 26th St / S 55th Ave neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 87.1% of this neighborhood's residents have Mexican ancestry.
W 26th St / S 55th Ave is also pretty special linguistically. Significantly, 86.1% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.2% of all U.S. neighborhoods.
Migration / Stability
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. More residents of the W 26th St / S 55th Ave neighborhood live here today that also were living in this same neighborhood five years ago than is found in 96.5% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while. What is interesting to note, is that the W 26th St / S 55th Ave neighborhood has a greater percentage of residents born in another country (45.4%) than are found in 96.2% of all U.S. neighborhoods.
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 26th St / S 55th Ave neighborhood in Cicero are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 82.5% of U.S. neighborhoods. In addition, 4.9% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 64.8% of America'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 W 26th St / S 55th Ave neighborhood, 45.2% of the working population is employed in manufacturing and laborer 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 26.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (14.2%), and 13.9% in executive, management, and professional occupations.
Languages
The most common language spoken in the W 26th St / S 55th Ave neighborhood is Spanish, spoken by 86.1% of households. Some people also speak English (12.1%).
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 26th St / S 55th Ave neighborhood in Cicero, IL, residents most commonly identify their ethnicity or ancestry as Mexican (87.1%). There are also a number of people of Irish ancestry (2.3%), and residents who report Polish roots (2.0%), and some of the residents are also of Puerto Rican ancestry (1.3%), along with some German ancestry residents (1.3%), among others. In addition, 45.4% of the residents of this neighborhood were born in another country.
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 26th St / S 55th 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 (68.6%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (10.2%) and 8.3% 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.
