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Irving Park

Irving Park is one of 77 officially designated Chicago community areas located on the Northwest Side. It is bounded by the Chicago River on the east, the Milwaukee Road railroad tracks on the west, Addison Street on the south and Montrose Avenue on the north, west of Pulaski Road stretching to encompass the region between Belmont Avenue on the south and, roughly, Leland Avenue on the north. It is named after the American author Washington Irving. Old Irving Park, bounded by Montrose Avenue, Pulaski Road, Addison Street and Cicero Avenue, has a variety of housing stock, with Queen Anne, Victorian, and Italianate homes, a few farmhouses and numerous bungalows. The CTA Blue Line runs through this neighborhood, with stops at Addison, Irving Park, and Montrose. (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 23.6%
Condominium 14.2%
Building with 2-4 Units 36.2%
Building with 5+ Units 26.0%


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 1,207 1,044 783 446 469 470 422 557 746 657 677 826 823 706
Single Family 427 330 245 143 168 193 201 238 312 270 300 331 354 298
Condominium 510 543 443 237 199 130 117 185 237 206 205 297 273 260
Building with 2-4 Units 251 161 85 63 95 132 96 123 186 164 149 176 188 139
Building with 5+ Units 19 10 10 3 7 15 8 11 11 17 23 22 8 9


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 8.2 6.2 3.5 3.7 3.7 3.3 4.4 6.1 5.4 5.5 6.7 6.7 5.8


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 8.2% 5.5% 5.9% 6.1% 7.7% 14.0% 16.4% 21.2% 20.1% 19.8% 18.0% 15.0% 14.7% 14.3%
Single Family 7.5% 6.1% 8.2% 5.6% 5.4% 9.8% 16.9% 20.2% 20.5% 19.3% 18.3% 14.5% 16.7% 11.1%
Condominium 8.4% 3.1% 2.7% 4.6% 4.5% 6.2% 11.1% 17.8% 10.1% 10.2% 4.9% 6.7% 4.0% 8.5%
Building with 2-4 Units 5.6% 8.7% 8.2% 11.1% 12.6% 20.5% 15.6% 23.6% 29.0% 27.4% 24.8% 21.6% 25.0% 27.3%
Building with 5+ Units 52.6% 60.0% 70.0% 33.3% 85.7% 80.0% 87.5% 72.7% 72.7% 70.6% 87.0% 81.8% 50.0% 88.9%


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 0.4% 0.3% 0.3% 0.2% -- 1.1% 1.2% -- 0.4% 0.3% 0.6% 0.2% 0.1% 0.1%
Single Family 0.5% -- -- -- -- 0.5% 1.5% -- 0.3% 0.7% 0.3% 0.6% -- 0.3%
Condominium -- 0.4% 0.5% 0.4% -- 3.1% 1.7% -- 0.4% -- 1.5% -- -- --
Building with 2-4 Units 1.2% 0.6% -- -- -- -- -- -- 0.5% -- -- -- 0.5% --


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 4,097 3,812 3,071 1,729 1,502 1,381 1,226 1,644 1,539 1,188 1,412 1,719 1,454 1,172
Single Family 1,837 1,602 1,321 815 840 756 691 855 770 570 724 871 716 522
Condominium 1,045 1,202 981 495 384 301 231 393 387 276 308 411 348 302
Building with 2-4 Units 1,165 963 729 354 261 288 276 346 335 304 341 389 342 323
Building with 5+ Units 50 45 40 65 17 36 28 50 47 38 39 48 48 25


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 32.3 30.0 24.2 13.6 11.8 10.9 9.7 13.0 12.5 9.7 11.5 14.0 11.9 9.6


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 76 90 182 329 424 467 352 310 175 99 53 73 64 51
Single Family 35 36 77 116 149 159 123 125 70 28 18 33 32 27
Condominium 16 17 40 91 135 136 121 93 53 39 17 14 18 12
Building with 2-4 Units 25 34 65 118 135 163 105 90 50 31 18 25 14 12
Building with 5+ Units -- 3 -- 4 5 9 3 2 2 1 -- 1 -- --


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 0.6 0.7 1.4 2.6 3.3 3.7 2.8 2.4 1.4 0.8 0.4 0.6 0.5 0.4


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 13 14 49 109 150 164 113 149 155 108 72 46 28 14
Single Family 6 6 16 38 55 60 32 39 41 41 21 18 10 5
Condominium 1 4 14 24 49 53 43 74 66 34 34 12 9 4
Building with 2-4 Units 6 4 19 47 46 49 37 35 46 32 16 16 9 5
Building with 5+ Units -- -- -- -- -- 2 1 1 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 53.8% 92.9% 87.8% 98.2% 96.7% 93.9% 92.9% 89.3% 81.9% 81.5% 84.7% 67.4% 50.0% 50.0%
Single Family 50.0% 100.0% 75.0% 97.4% 96.4% 91.7% 93.8% 89.7% 78.0% 75.6% 66.7% 61.1% 60.0% 60.0%
Condominium 100.0% 100.0% 100.0% 95.8% 98.0% 100.0% 97.7% 91.9% 87.9% 91.2% 94.1% 75.0% 55.6% 50.0%
Building with 2-4 Units 50.0% 75.0% 89.5% 100.0% 95.7% 91.8% 86.5% 85.7% 76.1% 78.1% 87.5% 68.8% 33.3% 40.0%
Building with 5+ Units -- -- -- -- -- 50.0% 100.0% -- 100.0% 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 0.1 0.1 0.3 0.8 1.1 1.2 0.8 1.0 1.0 0.7 0.5 0.3 0.1 0.1