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Chatham

Chatham is one of the 77 community areas of the city of Chicago, Illinois. It is located on the city's South Side. It includes the neighborhoods of Chatham, East Chatham, West Chatham and the northern portion of West Chesterfield. Housing many city employees and other officials, Chatham has been a central area for Chicago's middle-class African Americans since the late 1950s. (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 31.4%
Condominium 2.1%
Building with 2-4 Units 20.7%
Building with 5+ Units 45.8%


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 534 585 398 248 260 264 225 282 311 305 317 378 445 377
Single Family 325 347 254 172 161 179 143 174 224 201 199 230 287 245
Condominium 47 56 38 17 7 17 13 11 17 11 5 16 17 15
Building with 2-4 Units 127 135 68 46 77 53 52 57 46 54 72 92 89 82
Building with 5+ Units 35 47 38 13 15 15 17 40 24 39 41 40 52 35


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 6.8 7.4 5.0 3.1 3.3 3.3 2.8 3.6 4.0 3.9 4.1 4.9 5.7 4.9


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 15.4% 19.8% 18.8% 22.6% 33.1% 29.5% 35.1% 47.2% 41.5% 40.3% 47.9% 43.9% 42.5% 45.1%
Single Family 14.5% 18.7% 13.4% 20.3% 29.2% 22.3% 30.1% 40.2% 39.3% 26.4% 38.7% 34.3% 33.1% 42.0%
Condominium 2.1% 10.7% -- 5.9% -- 58.8% 53.8% 36.4% 35.3% 54.5% 40.0% 31.3% 35.3% 60.0%
Building with 2-4 Units 11.8% 11.1% 17.6% 21.7% 36.4% 34.0% 28.8% 40.4% 37.0% 55.6% 50.0% 47.8% 42.7% 35.4%
Building with 5+ Units 54.3% 63.8% 76.3% 76.9% 73.3% 66.7% 82.4% 90.0% 75.0% 87.2% 90.2% 95.0% 96.2% 82.9%


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 1.7% 0.3% 0.5% 3.2% 13.8% 13.6% 13.8% 9.6% 14.1% 9.5% 6.6% 8.7% 4.3% 5.3%
Single Family 2.2% 0.3% 0.4% 2.9% 11.8% 7.8% 9.8% 8.6% 12.1% 8.5% 6.0% 8.3% 2.8% 4.1%
Condominium 2.1% -- 2.6% 17.6% 71.4% 82.4% 61.5% 72.7% 64.7% 54.5% 60.0% 50.0% 47.1% 40.0%
Building with 2-4 Units 0.8% 0.7% -- -- 15.6% 15.1% 17.3% 7.0% 13.0% 11.1% 8.3% 6.5% 3.4% 4.9%


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 1,923 2,042 1,530 816 510 411 358 370 481 398 425 482 534 445
Single Family 1,322 1,363 1,096 577 362 304 263 264 362 290 297 314 383 282
Condominium 71 112 75 21 7 4 4 3 6 4 4 4 3 5
Building with 2-4 Units 416 441 247 141 110 72 64 71 84 68 83 114 91 101
Building with 5+ Units 114 126 112 77 31 31 27 32 29 36 41 50 57 57


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 24.4 25.9 19.4 10.3 6.5 5.2 4.5 4.7 6.1 5.1 5.4 6.2 6.9 5.7


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 170 248 296 319 333 306 291 312 194 172 147 142 164 154
Single Family 112 174 194 194 205 203 192 209 120 126 104 111 124 112
Condominium 10 9 11 36 32 11 17 18 9 2 7 4 4 7
Building with 2-4 Units 46 57 87 74 65 75 63 68 40 29 32 20 29 28
Building with 5+ Units 2 8 4 15 31 17 19 17 25 15 4 7 7 7


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 2.2 3.1 3.7 4.0 4.2 3.9 3.7 4.0 2.5 2.2 1.9 1.8 2.1 2.0


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 45 61 94 137 149 134 91 101 149 108 102 98 82 85
Single Family 32 43 66 77 87 72 61 73 97 64 68 69 59 58
Condominium 2 3 3 11 19 15 7 6 14 6 4 4 -- 4
Building with 2-4 Units 11 14 25 48 38 34 19 17 23 20 23 21 18 20
Building with 5+ Units -- 1 -- 1 5 13 4 5 15 18 7 4 5 3


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 80.0% 73.8% 91.5% 98.5% 98.7% 95.5% 95.6% 95.0% 94.6% 88.0% 91.2% 74.5% 84.1% 83.5%
Single Family 81.3% 72.1% 92.4% 100.0% 98.9% 97.2% 95.1% 95.9% 91.8% 84.4% 92.6% 73.9% 81.4% 82.8%
Condominium 100.0% 66.7% 100.0% 100.0% 100.0% 93.3% 100.0% 100.0% 100.0% 100.0% 75.0% 75.0% -- 50.0%
Building with 2-4 Units 72.7% 85.7% 88.0% 95.8% 97.4% 94.1% 94.7% 88.2% 100.0% 95.0% 91.3% 85.7% 88.9% 90.0%
Building with 5+ Units -- -- -- 100.0% 100.0% 92.3% 100.0% 100.0% 100.0% 88.9% 85.7% 25.0% 100.0% 100.0%


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 0.5 0.6 1.1 1.7 1.9 1.6 1.1 1.2 1.8 1.2 1.2 0.9 0.9 0.9