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Near South Side

The Near South Side is a community area of Chicago, Illinois, United States, just south of the downtown central business district, the Loop. The Near South Side's boundaries (see map) are as follows: North—Roosevelt Road (1200 S); South—26th Street; West—Chicago River between Roosevelt and 18th Street, Clark Street between 18th Street and Cermak Road, Federal between Cermak Road and the Stevenson Expressway just south of 25th Street, and Clark Street again between the Stevenson and 26th Street; and East—Lake Michigan. Along Lake Shore Drive, the Near South Side includes some of Chicago's best-known structures: Soldier Field, home of the NFL's Chicago Bears; McCormick Place, Chicago's primary convention center; the Museum Campus, which contains the Field Museum, the Shedd Aquarium, and the Adler Planetarium; and Northerly Island. The area is currently undergoing a major residential and mixed-use redevelopment. (Source: Wikipedia)

Housing stock map

See the share of the area's total housing units that are in single family homes, condominiums, two-to-four unit buildings, buildings with five to 49 units, and buildings with 50 units or more.


The Composition of Cook County’s Housing Market >

Housing market indicators

All of these property level data sets are connected to parcel-level data files from the county Assessors offices that include data on every parcel in the Chicago metropolitan area. All of these parcel-level data sets include historical data and are updated on a regular basis ranging from every week to every year depending on the data set.

Housing Stock Composition

The composition of a neighborhood's housing stock determines the appropriate targeted strategies for stabilizing local housing markets.

Housing Units by Property Type

The composition of a neighborhood's housing stock determines the appropriate targeted strategies for stabilizing local housing markets.


Property Type 2023
Single Family 5.8%
Condominium 65.0%
Building with 2-4 Units 0.5%
Building with 5+ Units 28.8%


Property Sales Activity

This indicator provides information on how active local residential property markets are, what types of properties are being purchased, who is buying them, and how much buyers are paying for properties.

Total Sales Activity

This is the total number of property sales in a given year. In Cook County, data are broken out separately for total sales activity on single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units. Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
All Residential Properties 1,455 1,895 1,508 1,438 730 575 463 676 880 849 891 994 968 855 753 606 1,019 792 574
Single Family 133 60 92 55 40 39 60 52 78 63 59 104 72 64 62 50 101 79 45
Condominium 1,320 1,832 1,416 1,381 690 535 402 623 799 783 830 885 890 790 691 554 913 712 528
Building with 2-4 Units 1 2 -- -- -- 1 -- -- 2 3 -- 2 2 -- -- -- 3 1 --
Building with 5+ Units 1 1 -- 2 -- -- 1 1 1 -- 2 3 4 1 -- 2 2 -- 1


Sales per 100 Residential Parcels

This indicator allows users to compare the level of property sales activity across geographies. This data point represents the total number of sales on all residential parcels divided by the total number of residential parcels in a given year, multiplied by 100.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
All Residential Properties 6.4 8.3 6.6 6.3 3.2 2.5 2.0 3.0 6.4 6.3 6.7 7.5 7.2 6.3 5.5 4.4 7.3 5.7 4.1


Share of Sales, Business Buyers

This represents a range of investor types from small mom-and-pop investors to large Wall Street-traded equity funds. Heightened levels of single family homes purchased by business buyers is often indicative of a distressed and low priced inventory of homes, and low demand for owner-occupied housing in a neighborhood. In Cook County, this data point is available as the share of total sales activity where the buyer was a business entity by property type (single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units). Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
All Residential Properties 6.5% 4.9% 3.8% 6.5% 4.4% 8.0% 6.0% 6.8% 7.0% 4.1% 4.4% 5.4% 5.6% 4.6% 4.2% 3.5% 4.2% 3.2% 5.2%
Single Family 7.5% 5.0% 5.4% 1.8% 7.5% 12.8% 6.7% 3.8% 6.4% -- 1.7% 2.9% 8.3% 6.3% 3.2% 4.0% 5.0% 2.5% 6.7%
Condominium 6.3% 4.7% 3.7% 6.6% 4.2% 7.5% 5.7% 6.9% 6.9% 4.1% 4.3% 5.2% 5.3% 4.3% 4.3% 3.1% 3.7% 3.1% 4.9%
Building with 2-4 Units 100.0% 100.0% -- -- -- 100.0% -- -- 50.0% 100.0% -- 100.0% -- -- -- -- 66.7% 100.0% --
Building with 5+ Units 100.0% 100.0% -- 100.0% -- -- 100.0% 100.0% 100.0% -- 100.0% 100.0% 25.0% 100.0% -- 100.0% 100.0% -- 100.0%


Share of Sales, Extremely Low Value

This represents the percent of sales that were purchased for less than $20,000 in a given year. In Cook County, this data point is available as the share of total sales activity that sold for less than $20,000 by property type (single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units). Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
All Residential Properties 0.8% 0.7% 0.6% 1.4% 1.2% 4.0% 1.3% 6.5% 2.0% 0.5% 0.6% 0.3% 0.3% 0.6% 0.4% 0.3% 0.3% 0.5% 0.7%
Single Family 0.8% -- -- -- -- -- -- -- 2.6% 1.6% -- -- -- -- -- -- -- 2.5% --
Condominium 0.8% 0.8% 0.6% 1.4% 1.3% 4.3% 1.5% 7.1% 1.9% 0.4% 0.6% 0.3% 0.3% 0.6% 0.4% 0.4% 0.3% 0.3% 0.8%
Building with 5+ Units -- -- -- -- -- -- -- -- 100.0% -- -- -- -- -- -- -- -- -- --


Mortgage Activity

These data measure the flow of mortgage credit into an area and indicates the level of lender investment. The level of mortgage activity in a neighborhood relative to other areas can assess how access to credit has changed over time in a community and how the flow of credit differs across geographies and for different property types.

Total Mortgage Activity

This is the total number of mortgages in a given year. In Cook County, data are broken out separately for total mortgage activity on single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units. Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
All Residential Properties 2,795 3,670 3,150 2,634 2,090 1,754 1,264 1,770 1,874 1,250 1,582 1,788 1,346 1,032 1,335 1,993 2,279 962 545
Single Family 399 273 328 244 284 296 236 261 245 133 179 216 147 117 163 272 284 110 58
Condominium 2,392 3,392 2,818 2,376 1,803 1,453 1,026 1,506 1,620 1,110 1,398 1,563 1,188 911 1,170 1,714 1,988 845 483
Building with 2-4 Units 2 3 2 1 -- -- -- 2 6 4 1 5 5 2 -- -- 4 2 1
Building with 5+ Units 2 2 2 13 3 5 2 1 3 3 4 4 6 2 2 7 3 5 3


Mortgages per 100 Residential Parcels

This indicator allows users to compare the level of mortgage activity across geographies. This data point represents the total number of mortgage liens on all residential parcels divided by the total number of residential parcels in a given year, multiplied by 100.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
All Residential Properties 12.2 16.1 13.8 11.5 9.1 7.7 5.5 7.7 13.7 9.2 12.0 13.4 10.0 7.6 9.7 14.4 16.4 6.9 3.9


Foreclosure Filing Activity

This is an indicator of distress in a local housing market and viewing changing levels of activity allows for an understanding of the evolving nature of the foreclosure crisis in a neighborhood.

Total Foreclosure Filings Activity

This is the total number of new foreclosure filings in a given year. In Cook County, data are broken out separately for foreclosure filing activity on single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units. Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
All Residential Properties 24 62 81 144 202 278 211 194 96 61 43 30 27 31 32 13 6 30 22
Single Family 9 7 11 12 8 19 11 14 6 4 4 3 4 5 2 2 1 4 2
Condominium 15 55 69 131 194 259 199 179 90 57 39 27 23 25 30 11 4 26 18
Building with 2-4 Units -- -- -- -- -- -- -- 1 -- -- -- -- -- -- -- -- -- -- 1
Building with 5+ Units -- -- 1 1 -- -- 1 -- -- -- -- -- -- 1 -- -- 1 -- 1


Foreclosure Filings per 100 Residential Parcels

This indicator allows users to compare the level of foreclosure filing activity across geographies. This data point represents the total number of foreclosure filings on all residential parcels divided by the total number of residential parcels in a given year, multiplied by 100.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
All Residential Properties 0.1 0.3 0.4 0.6 0.9 1.2 0.9 0.8 0.7 0.5 0.3 0.2 0.2 0.2 0.2 0.1 -- 0.2 0.2


Cumulative Foreclosure Filings Activity

Annual levels of foreclosure filing activity likely do not convey the impact that foreclosure has had in a particular community, as geographies vary in density and size, and the drivers behind the Great Recession foreclosure crisis led to very different annual patterns of foreclosure filing activity across the region. This indicator represents the cumulative impact of foreclosure in a neighborhood measured as the unique share of residential properties that have had at least one foreclosure filing since 2005.


Property Type 2023
All Residential Properties 9.7%


Foreclosure Auctions

These are properties that have completed the foreclosure process. Understanding foreclosure auction activity helps determine the flow of year-over-year of REO (real estate owned) properties into a market, how third-party demand at auctions differs based on property types, and the density of REO activity across geographies. The level of completed foreclosure auctions activity in a neighborhood indicates distress in a local housing market.

Total Auction Activity

This is the total number of completed foreclosure auctions in a given year. In Cook County, data are broken out separately for total auction activity on single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units. Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
All Residential Properties 6 9 18 52 58 97 81 97 91 42 54 27 24 9 8 2 1 5 12
Single Family -- -- 2 2 6 2 5 2 6 1 -- 1 1 -- 1 -- -- 1 1
Condominium 6 9 16 50 52 95 76 95 85 41 54 26 23 9 7 2 1 4 11


Share of Auctions Resulting in REO

This is the percent of completed foreclosure auctions in a given geography where there were no bidders and the property became bank-owned REO (real estate owned).


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
All Residential Properties 50.0% 100.0% 88.9% 94.2% 96.6% 89.7% 92.6% 83.5% 84.6% 85.7% 70.4% 74.1% 54.2% 66.7% 37.5% 100.0% 100.0% 80.0% 83.3%
Single Family -- -- 100.0% 100.0% 100.0% -- 80.0% 50.0% 83.3% 100.0% -- 100.0% -- -- 100.0% -- -- 100.0% 100.0%
Condominium 50.0% 100.0% 87.5% 94.0% 96.2% 91.6% 93.4% 84.2% 84.7% 85.4% 70.4% 73.1% 56.5% 66.7% 28.6% 100.0% 100.0% 75.0% 81.8%


REO per 100 Residential Parcels

This indicator allows users to compare the level of REO activity across geographies. This data point represents the total number of auctions resulting in REO status on all residential parcels divided by the total number of residential parcels in a given year, multiplied by 100.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
All Residential Properties -- -- 0.1 0.2 0.2 0.4 0.3 0.4 0.6 0.3 0.3 0.2 0.1 -- -- -- -- -- 0.1


Population and Age

Reflects the composition of a community's population by age.

Population and Age

Reflects the composition of a community's population by age.


Indicator Value
Total Population 28,216
Share of Population Aged under 18 12.8%
Share of Population Aged 18 to 44 51.1%
Share of Population Aged 45 to 64 23.7%
Share of Population Aged over 65 12.4%


Race and Ethnicity

The composition of a community's population by respondent race and ethnicity.

Race and Ethnicity

The composition of a community's population by respondent race and ethnicity.


Indicator Value
Share of Population that is White 50.7%
Share of Population that is African American 23.8%
Share of Population that is Hispanic or Latino 5.3%
Share of Population that is Asian 15.2%
Share of Population that is Some Other Race 5.0%


Household Income

Represents the composition of households by income in a particular geography.

Household Income

Represents the composition of households by income in a particular geography.


Indicator Value
Total Households 16,174
Share of Households with Income Less than $25,000 12.9%
Share of Households with Income $25,000 to $50,000 6.7%
Share of Households with Income $50,000 to $100,000 20.8%
Share of Households with Income $100,000 or More 59.6%


Poverty Rate

Reflects the share of the population that is below a current poverty threshold.

Share of Population that is under the Poverty Level


Indicator Value
Share of Population that is under the Poverty Level 7.4%


Resident Tenure

The composition of households by tenure indicates the share of households that rent versus the share of households that own.

Total Households

Represents the composition of households by tenure.


Indicator Value
Total Households 16,174


Share of Households that are Owner-Occupied

The composition of households by tenure indicates the share of households that rent versus the share of households that own.


Indicator Value
Share of Households that are Owner-Occupied 52.0%


Share of Households that are Renter-Occupied

The composition of households by tenure indicates the share of households that rent versus the share of households that own.


Indicator Value
Share of Households that are Renter-Occupied 48.0%


Cost Burdened Households

A household is considered to be cost-burdened when more than 30 percent of its income is spent on mortgage, rent, or other housing needs.

Share of Owner-Occupied Households that are Cost-Burdened


Indicator Value
Share of Owner-Occupied Households that are Cost-Burdened 31.0%


Share of Renter-Occupied Households that are Cost-Burdened

A household is considered to be cost-burdened when more than 30 percent of its income is spent on mortgage, rent, or other housing needs.


Indicator Value
Share of Renter-Occupied Households that are Cost-Burdened 35.9%


Share of All Households that are Cost-Burdened


Indicator Value
Share of All Households that are Cost-Burdened 33.3%