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Near North Side

The Near North Side is one of 77 defined community areas of Chicago, Illinois, United States. It is the northernmost of the three areas that constitute central Chicago, the others being the Loop and the Near South Side. The community area is located north and east of the Chicago River. To its east is Lake Michigan, and its northern boundary is the early 19th-century city limit of Chicago, North Avenue. Of the downtown community areas, the Near North Side has the second largest total area after the Near West Side, the highest number of skyscrapers, and the largest population. With the exception of Goose Island and the remnants of Cabrini–Green, to the west, the Near North Side is known for its extreme affluence, typified by the Magnificent Mile, Gold Coast, Navy Pier, and its world-famous skyscrapers. The Near North Side is the oldest part of Chicago. In the 1780s, in what is now the Near North Side, on the northern banks of the Chicago River near today's Michigan Avenue Bridge, Jean Baptiste Point du Sable built the first known permanent settlement in "Eschecagou." Today this is marked by Pioneer Court. Especially in the vicinity of Rush and Erie streets, the Near North Side was once known as McCormickville; so named because it is here where many branches of the famous McCormick family of mechanical reaper fame built their mansions in the late 19th and early 20th centuries. (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. Learn more about this data set.

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Housing Units by Property Type


Property Type 2019
Single Family 1.7%
Condominium 64.1%
Building with 2-4 Units 1.3%
Building with 5+ Units 32.8%


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
All Residential Properties 5,764 5,070 4,312 3,278 2,257 2,202 2,124 2,659 3,028 2,817 2,889 2,981 3,014 3,068 2,737
Single Family 81 73 100 68 40 43 58 56 77 84 75 91 68 80 84
Condominium 5,661 4,969 4,189 3,189 2,208 2,149 2,051 2,577 2,923 2,711 2,771 2,867 2,920 2,970 2,632
Building with 2-4 Units 15 14 16 11 6 9 10 19 21 15 24 14 19 13 15
Building with 5+ Units 7 14 7 10 3 1 5 7 7 7 19 9 7 5 6


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
All Residential Properties 9.1 8.0 6.8 5.1 3.5 3.5 3.3 4.2 6.3 6.1 6.5 6.7 6.8 6.9 6.1


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
All Residential Properties 8.4% 8.7% 10.9% 13.1% 13.3% 15.1% 15.0% 10.3% 10.2% 10.1% 10.2% 10.2% 10.7% 18.6% 23.1%
Single Family 12.3% 17.8% 18.0% 20.6% 20.0% 16.3% 12.1% 7.1% 22.1% 19.0% 16.0% 22.0% 16.2% 10.0% 11.9%
Condominium 8.2% 8.3% 10.4% 12.6% 13.0% 15.0% 14.7% 9.9% 9.3% 9.4% 9.1% 9.3% 10.0% 18.5% 23.0%
Building with 2-4 Units 40.0% 35.7% 62.5% 45.5% 33.3% 33.3% 50.0% 57.9% 61.9% 53.3% 70.8% 50.0% 63.2% 69.2% 66.7%
Building with 5+ Units 85.7% 85.7% 100.0% 90.0% 100.0% -- 100.0% 71.4% 100.0% 100.0% 73.7% 88.9% 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
All Residential Properties 1.1% 0.4% 0.5% 0.4% 0.8% 1.1% 1.2% 0.6% -- 0.3% 0.1% 0.1% 0.3% 0.2% 0.2%
Single Family 1.2% -- -- 1.5% -- -- 1.7% -- -- -- -- -- -- -- --
Condominium 1.1% 0.4% 0.5% 0.4% 0.8% 1.1% 1.2% 0.6% -- 0.3% 0.1% 0.1% 0.3% 0.2% 0.2%


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
All Residential Properties 10,565 9,815 8,707 6,692 6,422 5,344 4,655 6,077 5,566 3,588 4,123 4,362 3,552 2,827 3,365
Single Family 294 267 291 254 273 229 242 261 238 142 185 222 159 134 188
Condominium 10,187 9,458 8,316 6,358 6,100 5,068 4,350 5,741 5,246 3,370 3,857 4,063 3,314 2,637 3,122
Building with 2-4 Units 63 56 71 50 36 35 36 55 51 48 46 36 52 31 37
Building with 5+ Units 21 34 29 30 13 12 27 20 31 28 35 41 27 25 18


Mortgages per 100 Residential Parcels

Mortgages  per 100 Residential Parcel


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
All Residential Properties 16.6 15.4 13.7 10.5 10.1 8.4 7.3 9.5 11.6 7.7 9.3 9.9 8.0 6.3 7.5


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
All Residential Properties 181 218 312 486 622 633 461 348 172 118 99 97 95 108 78
Single Family 6 10 13 9 16 22 19 7 3 6 1 5 3 4 4
Condominium 175 202 292 467 600 606 434 335 164 111 91 89 87 104 69
Building with 2-4 Units -- 3 4 8 5 3 4 2 3 1 4 1 4 -- 2
Building with 5+ Units -- 3 3 2 1 2 4 4 2 -- 3 2 1 -- 3


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
All Residential Properties 0.3 0.3 0.5 0.8 1.0 1.0 0.7 0.5 0.4 0.3 0.2 0.2 0.2 0.2 0.2


Cumulative Foreclosure Filings Activity



Property Type 2019
All Residential Properties 7.5%


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
All Residential Properties 28 79 103 116 170 235 174 201 158 95 84 62 46 36 32
Single Family 3 -- -- 4 2 3 2 1 5 3 4 6 2 -- 1
Condominium 25 79 102 110 167 231 168 198 153 91 76 54 44 35 29
Building with 2-4 Units -- -- 1 -- 1 1 3 2 -- 1 4 2 -- 1 2
Building with 5+ Units -- -- -- 2 -- -- 1 -- -- -- -- -- -- -- --


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
All Residential Properties 75.0% 93.7% 93.2% 94.8% 89.4% 90.2% 85.6% 76.6% 73.4% 73.7% 78.6% 69.4% 56.5% 72.2% 65.6%
Single Family 100.0% -- -- 100.0% 100.0% 100.0% 50.0% 100.0% 80.0% 100.0% 50.0% 83.3% 100.0% -- 100.0%
Condominium 72.0% 93.7% 93.1% 94.5% 89.8% 90.0% 85.7% 76.8% 73.2% 72.5% 80.3% 66.7% 54.5% 71.4% 62.1%
Building with 2-4 Units -- -- 100.0% -- -- 100.0% 100.0% 50.0% -- 100.0% 75.0% 100.0% -- 100.0% 100.0%
Building with 5+ Units -- -- -- 100.0% -- -- 100.0% -- -- -- -- -- -- -- --


REO per 100 Residential Parcels


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


Population and Age

Population and Age


Indicator Value
Total Population 93,318
Share of Population Aged under 18 7.5%
Share of Population Aged 18 to 44 55.7%
Share of Population Aged 45 to 64 20.7%
Share of Population Aged over 65 16.1%


Race and Ethnicity

Race and Ethnicity


Indicator Value
Share of Population that is White 70.1%
Share of Population that is African American 8.2%
Share of Population that is Hispanic or Latino 5.6%
Share of Population that is Asian 13.4%
Share of Population that is Some Other Race 2.7%


Household Income

Household Income


Indicator Value
Total Households 57,169
Share of Households with Income Less than $25,000 13.9%
Share of Households with Income $25,000 to $50,000 9.1%
Share of Households with Income $50,000 to $100,000 24.8%
Share of Households with Income $100,000 or More 52.2%


Poverty Rate

Share of Population that is under the Poverty Level


Indicator Value
Share of Population that is under the Poverty Level 9.5%


Resident Tenure

Total Households


Indicator Value
Total Households 57,169


Share of Households that are Owner-Occupied


Indicator Value
Share of Households that are Owner-Occupied 42.2%


Share of Households that are Renter-Occupied


Indicator Value
Share of Households that are Renter-Occupied 57.8%


Cost Burdened Households

Share of Owner-Occupied Households that are Cost-Burdened


Indicator Value
Share of Owner-Occupied Households that are Cost-Burdened 31.4%


Share of Renter-Occupied Households that are Cost-Burdened


Indicator Value
Share of Renter-Occupied Households that are Cost-Burdened 36.7%


Share of All Households that are Cost-Burdened


Indicator Value
Share of All Households that are Cost-Burdened 34.4%