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Austin

Austin which is located on the West Side of Chicago, Illinois, is one of seventy-seven officially designated community areas in Chicago. It is one of the largest community area by population and area (behind South Deering). Austin's eastern boundary is the Belt Railway located just east of Cicero Avenue. Its northernmost border is the Milwaukee District / West Line. Its southernmost border is at Roosevelt Road from the Belt Railway west to Austin Boulevard. The northernmost portion, north of North Avenue, extends west to Harlem Avenue, abutting Elmwood Park. In addition to Elmwood Park, Austin also borders the suburbs of Cicero and Oak Park. (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

Data on the housing stock provides context about the underlying characteristics of a neighborhood’s housing market and helps in the interpretation of patterns and trends in property sales, mortgage lending activity, foreclosure filings, and completed auctions activity. Understanding an area's housing stock can help determine the appropriate targeted strategies for stabilizing local housing markets, preserving and creating affordable rental housing, and promoting neighborhood investment.

Housing Units by Property Type

The share of total housing units in single family homes, condominium units, two-to-four unit buildings, and in rental buildings with five or more units.


Property Type 2018
Single Family 25.0%
Condominium 2.7%
Building with 2-4 Units 43.3%
Building with 5+ Units 29.0%


Property Sales Activity

Property sales data provide valuable information on the characteristics of neighborhood real estate markets, such as how active local residential property markets are, what types of properties are being purchased, how they are being acquired, who is buying them, and how much buyers are paying for properties.

Total Sales Activity

Total property sales activity in a given year are available for all residential properties. In Cook County, activity is broken out separately for total sales activity in single family homes, condominium units, two-to-four unit buildings, and rental buildings with five or more units. When interpreting neighborhood-level housing market activity by property type, it is also important to consider the characteristics of the neighborhood's housing stock composition.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
All Residential Properties 1,764 1,526 859 570 802 756 543 613 738 685 672 804 917 976
Single Family 820 718 366 272 339 355 241 294 333 356 312 407 461 445
Condominium 118 139 113 44 34 35 50 52 74 61 37 40 51 48
Building with 2-4 Units 747 613 340 228 404 336 231 231 267 228 282 311 350 447
Building with 5+ Units 79 56 40 26 25 30 21 36 64 40 41 46 55 36


Sales per 100 Residential Parcels

Per parcel sales activity allows for comparison of yearly sales activity across geographies.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
All Residential Properties 9.5 8.3 4.6 3.1 4.3 4.1 2.9 3.3 4.0 3.8 3.7 4.5 5.1 5.4


Share of Sales, Business Buyers

The share of residential property sales that were purchased by self-identified businesses in a given year are available for all residential properties. In Cook County, transactions are broken out separately for total sales activity in single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
All Residential Properties 11.8% 10.7% 15.1% 22.6% 24.8% 25.5% 24.7% 22.7% 27.2% 21.9% 22.6% 25.1% 23.2% 23.1%
Single Family 11.6% 10.9% 12.3% 17.6% 20.4% 21.7% 21.2% 18.7% 21.0% 14.3% 12.5% 17.9% 18.0% 17.5%
Condominium 3.4% 7.2% 1.8% 15.9% 20.6% 14.3% 12.0% 13.5% 17.6% 24.6% 8.1% 22.5% 17.6% 12.5%
Building with 2-4 Units 8.8% 8.8% 17.1% 22.8% 25.5% 26.2% 25.1% 20.3% 26.6% 24.6% 28.7% 27.7% 22.3% 25.5%
Building with 5+ Units 55.7% 37.5% 62.5% 84.6% 80.0% 76.7% 90.5% 83.3% 73.4% 70.0% 70.7% 73.9% 78.2% 75.0%


Share of Sales, Extremely Low Value

The share of residential property sales that were purchased for less than $20,000 in a given year are available for all residential properties. In Cook County, transactions are broken out separately for total sales activity in single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
All Residential Properties 0.5% 0.4% 0.3% 6.0% 19.1% 13.8% 12.2% 11.9% 10.3% 7.9% 4.2% 6.1% 2.2% 2.0%
Single Family 0.9% 0.4% 0.5% 5.5% 21.5% 14.9% 12.4% 15.0% 10.8% 7.3% 3.5% 7.1% 2.4% 2.9%
Condominium 0.8% 0.7% 0.9% 15.9% 35.3% 20.0% 16.0% 13.5% 9.5% 9.8% 8.1% 15.0% 3.9% 2.1%
Building with 2-4 Units 0.1% 0.2% -- 5.3% 16.6% 13.1% 12.1% 9.5% 11.6% 9.6% 5.0% 3.9% 1.4% 1.3%
Building with 5+ Units -- 1.8% -- -- 4.0% -- -- -- 3.1% -- -- 4.3% 3.6% --


Mortgage Activity

Mortgage activity data measures the flow of mortgage credit into an area and is indicative of the level of lender investment. The level of mortgage activity in a neighborhood relative to other areas can be used to 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 within a geography.

Total Mortgage Activity

Total mortgage recordings in a given year are available for all residential properties. In Cook County, data are broken out separately for total mortgage activity on single family homes, condominium units, two-to-four unit buildings, and rental buildings with five or more units. When interpreting neighborhood-level housing market activity by property type, it is also important to consider the characteristics of the neighborhood's housing stock composition.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
All Residential Properties 6,998 6,785 4,655 2,256 1,520 1,089 877 1,129 1,202 967 996 1,170 1,302 1,283
Single Family 3,424 3,589 2,487 1,206 862 638 512 697 681 555 573 675 719 685
Condominium 299 277 225 82 53 33 32 59 60 34 46 34 53 55
Building with 2-4 Units 3,108 2,774 1,790 861 555 378 297 343 412 320 344 397 457 477
Building with 5+ Units 167 145 153 107 50 40 36 30 49 58 33 64 73 66


Mortgages per 100 Residential Parcels

Per parcel mortgage activity allows for comparison of yearly mortgage activity across geographies.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
All Residential Properties 37.9 36.7 25.2 12.2 8.2 5.9 4.7 6.1 6.6 5.3 5.5 6.5 7.2 7.1


Foreclosure Filing Activity

Foreclosure filings data can be used to understand the number and density of foreclosure filings activity in different communities and to assess the cumulative impact of the foreclosure crisis on properties and housing units. The level of foreclosure filing activity in a neighborhood relative to other areas is an indicator of distress in a local housing market.

Total Foreclosure Filings Activity

Total foreclosure filings in a given year are available for all residential properties. In Cook County, data are broken out separately for total foreclosure filing activity in single family homes, condominium units, two-to-four unit buildings, and rental buildings with five or more units. When interpreting neighborhood-level housing market activity by property type, it is also important to consider the characteristics of the neighborhood's housing stock composition.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
All Residential Properties 564 711 963 1,090 913 870 741 873 491 379 389 359 337 327
Single Family 299 315 452 468 449 414 356 445 249 176 180 184 178 167
Condominium 19 35 34 61 50 68 57 50 34 24 9 8 9 17
Building with 2-4 Units 232 339 449 524 365 358 295 345 193 158 190 157 146 137
Building with 5+ Units 14 22 28 37 49 30 33 33 15 21 10 10 4 6


Foreclosure Filings per 100 Residential Parcels

Per parcel filings activity allows for comparison of yearly filings activity across geographies.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
All Residential Properties 3.1 3.8 5.2 5.9 4.9 4.7 4.0 4.7 2.7 2.1 2.2 2.0 1.9 1.8


Foreclosure Auctions

Completed foreclosure auctions data can be used to understand the flow year-over-year of REO properties into a market, how third-party demand at auction is different for different property types, and to understand the density of REO activity in a given year across geographies. The level of completed foreclosure auctions activity in a neighborhood relative to other areas is an indicator of distress in a local housing market and is related to high levels of foreclosure-related distressed property sales.

Total Auction Activity

Total foreclosure auction activity in a given year is available for all residential properties. In Cook County, this indicator is broken out separately for total foreclosure auction activity on single family homes, condominium units, two-to-four unit buildings, and rental buildings with five or more units. When interpreting neighborhood-level housing market activity by property type, it is also important to consider the characteristics of the neighborhood's housing stock composition.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
All Residential Properties 122 162 329 523 483 382 236 260 365 313 250 217 204 171
Single Family 76 75 135 216 187 155 103 121 168 145 125 103 85 85
Condominium 8 8 15 25 34 26 17 26 36 32 18 8 7 4
Building with 2-4 Units 38 71 169 266 244 173 109 98 139 127 95 99 103 80
Building with 5+ Units -- 8 10 16 18 28 7 15 22 9 12 7 9 2


Share of Auctions Resulting in REO

The share of foreclosure auctions resulting in REO in a given year is available for all residential properties. In Cook County, this indicator is broken out separately for REO activity in single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
All Residential Properties 67.2% 86.4% 92.7% 99.4% 98.3% 95.0% 93.2% 97.7% 93.7% 95.5% 93.2% 87.6% 85.3% 76.6%
Single Family 63.2% 81.3% 94.8% 99.5% 98.9% 95.5% 93.2% 97.5% 94.6% 95.2% 97.6% 91.3% 81.2% 84.7%
Condominium 75.0% 87.5% 93.3% 100.0% 100.0% 96.2% 100.0% 100.0% 97.2% 90.6% 77.8% 87.5% 100.0% 50.0%
Building with 2-4 Units 73.7% 91.5% 92.3% 99.6% 97.5% 95.4% 92.7% 96.9% 92.1% 96.9% 94.7% 83.8% 88.3% 70.0%
Building with 5+ Units -- 87.5% 70.0% 93.8% 100.0% 89.3% 85.7% 100.0% 90.9% 100.0% 58.3% 85.7% 77.8% 50.0%


REO per 100 Residential Parcels

Per-parcel REO allows for comparison of properties entering REO status across geographies.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
All Residential Properties 0.4 0.8 1.7 2.8 2.6 2.0 1.2 1.4 1.9 1.6 1.3 1.1 1.0 0.7