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Clearing

Clearing, one of the 77 official community areas, is located on the southwest side of the city of Chicago, Illinois. The southern portion of Chicago Midway International Airport is located within this community area. (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 60.5%
Condominium 10.0%
Building with 2-4 Units 13.5%
Building with 5+ Units 15.9%


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 605 438 317 167 214 215 198 284 382 309 321 359 381 397
Single Family 429 321 225 135 180 169 157 207 310 240 246 281 302 300
Condominium 138 93 79 23 18 24 24 53 49 52 51 52 45 70
Building with 2-4 Units 31 23 13 8 16 21 17 23 22 15 23 20 31 23
Building with 5+ Units 7 1 -- 1 -- 1 -- 1 1 2 1 6 3 4


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 8.0 5.8 4.2 2.2 2.8 2.9 2.6 3.8 5.1 4.1 4.3 4.8 5.1 5.3


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 3.3% 4.6% 5.7% 6.0% 6.5% 8.4% 6.1% 7.0% 11.3% 16.5% 12.8% 12.0% 10.2% 10.8%
Single Family 2.6% 4.4% 4.4% 5.9% 5.0% 8.3% 2.5% 6.3% 11.9% 18.3% 11.4% 11.7% 9.6% 10.7%
Condominium 2.9% 3.2% 2.5% -- 11.1% 8.3% 12.5% 5.7% 6.1% 7.7% 9.8% 15.4% 13.3% 7.1%
Building with 2-4 Units 3.2% 8.7% 46.2% 25.0% 18.8% 9.5% 29.4% 17.4% 9.1% 13.3% 30.4% 5.0% 9.7% 8.7%
Building with 5+ Units 57.1% 100.0% -- -- -- -- -- -- 100.0% 50.0% 100.0% 16.7% 33.3% 100.0%


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 0.7% -- 0.3% 0.6% -- -- 0.5% 0.4% 0.5% 0.6% -- 0.3% 0.3% --
Single Family 0.7% -- 0.4% 0.7% -- -- 0.6% -- 0.6% -- -- 0.4% 0.3% --
Condominium 0.7% -- -- -- -- -- -- 1.9% -- 3.8% -- -- -- --


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 2,171 1,779 1,414 799 794 628 532 711 783 526 606 708 666 601
Single Family 1,745 1,434 1,169 673 691 548 469 590 643 435 506 606 572 492
Condominium 288 225 188 81 67 49 34 80 91 56 59 63 44 67
Building with 2-4 Units 125 116 53 41 33 27 28 37 47 25 35 35 45 33
Building with 5+ Units 13 4 4 4 3 4 1 4 2 10 6 4 5 9


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 28.8 23.6 18.8 10.6 10.5 8.3 7.1 9.4 10.4 7.0 8.1 9.5 8.9 8.0


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 58 69 100 179 189 229 199 207 153 71 50 46 67 55
Single Family 47 60 80 147 143 189 154 163 124 54 40 33 52 45
Condominium 6 4 11 14 27 30 31 29 19 13 9 10 12 6
Building with 2-4 Units 5 5 9 18 19 10 14 13 10 4 1 3 3 4
Building with 5+ Units -- -- -- -- -- -- -- 2 -- -- -- -- -- --


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 0.8 0.9 1.3 2.4 2.5 3.0 2.6 2.7 2.0 0.9 0.7 0.6 0.9 0.7


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 4 20 29 45 75 78 59 86 100 67 65 42 26 22
Single Family 3 17 25 40 56 52 44 58 78 51 51 33 19 16
Condominium 1 2 1 3 8 15 10 22 18 12 10 7 6 5
Building with 2-4 Units -- 1 3 2 11 11 5 6 4 4 4 2 1 1


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 25.0% 80.0% 89.7% 97.8% 96.0% 94.9% 100.0% 94.2% 87.0% 73.1% 81.5% 76.2% 57.7% 36.4%
Single Family 33.3% 76.5% 92.0% 97.5% 94.6% 98.1% 100.0% 94.8% 83.3% 68.6% 80.4% 75.8% 63.2% 43.8%
Condominium -- 100.0% 100.0% 100.0% 100.0% 93.3% 100.0% 90.9% 100.0% 83.3% 90.0% 85.7% 33.3% 20.0%
Building with 2-4 Units -- 100.0% 66.7% 100.0% 100.0% 81.8% 100.0% 100.0% 100.0% 100.0% 75.0% 50.0% 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 -- 0.2 0.3 0.6 1.0 1.0 0.8 1.1 1.2 0.7 0.7 0.4 0.2 0.1