< back to the Housing Market Indicators Data Portal

Near South Side

The Near South Side is a community area of Chicago, Illinois, United States, just south of the downtown central business district, the Loop. The Near South Side's boundaries (see map) are as follows: North—Roosevelt Road (1200 S); South—26th Street; West—Chicago River between Roosevelt and 18th Street, Clark Street between 18th Street and Cermak Road, Federal between Cermak Road and the Stevenson Expressway just south of 25th Street, and Clark Street again between the Stevenson and 26th Street; and East—Lake Michigan. Along Lake Shore Drive, the Near South Side includes some of Chicago's best-known structures: Soldier Field, home of the NFL's Chicago Bears; McCormick Place, Chicago's primary convention center; the Museum Campus, which contains the Field Museum, the Shedd Aquarium, and the Adler Planetarium; and Northerly Island. The area is currently undergoing a major residential and mixed-use redevelopment. (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 6.3%
Condominium 73.6%
Building with 2-4 Units 0.5%
Building with 5+ Units 19.6%


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 1,455 1,891 1,508 1,438 730 575 462 676 880 848 891 994 968 854
Single Family 133 60 92 55 40 39 60 52 78 63 59 104 72 64
Condominium 1,320 1,828 1,416 1,381 690 535 401 623 799 782 830 885 890 789
Building with 2-4 Units 1 2 -- -- -- 1 -- -- 2 3 -- 2 2 --
Building with 5+ Units 1 1 -- 2 -- -- 1 1 1 -- 2 3 4 1


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 6.4 8.3 6.6 6.3 3.2 2.5 2.0 3.0 6.4 6.3 6.7 7.5 7.2 6.3


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 6.5% 4.9% 3.8% 6.5% 4.4% 8.0% 6.1% 6.8% 7.0% 4.1% 4.4% 5.4% 5.6% 4.6%
Single Family 7.5% 5.0% 5.4% 1.8% 7.5% 12.8% 6.7% 3.8% 6.4% -- 1.7% 2.9% 8.3% 6.3%
Condominium 6.3% 4.7% 3.7% 6.6% 4.2% 7.5% 5.7% 6.9% 6.9% 4.1% 4.3% 5.2% 5.3% 4.3%
Building with 2-4 Units 100.0% 100.0% -- -- -- 100.0% -- -- 50.0% 100.0% -- 100.0% -- --
Building with 5+ Units 100.0% 100.0% -- 100.0% -- -- 100.0% 100.0% 100.0% -- 100.0% 100.0% 25.0% 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 0.8% 0.7% 0.6% 1.4% 1.2% 4.0% 1.3% 6.5% 2.0% 0.5% 0.6% 0.3% 0.3% 0.6%
Single Family 0.8% -- -- -- -- -- -- -- 2.6% 1.6% -- -- -- --
Condominium 0.8% 0.8% 0.6% 1.4% 1.3% 4.3% 1.5% 7.1% 1.9% 0.4% 0.6% 0.3% 0.3% 0.6%
Building with 5+ Units -- -- -- -- -- -- -- -- 100.0% -- -- -- -- --


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 2,794 3,663 3,149 2,633 2,089 1,754 1,263 1,770 1,874 1,250 1,582 1,788 1,346 1,031
Single Family 399 273 328 244 284 296 236 261 245 133 179 216 147 117
Condominium 2,391 3,385 2,817 2,375 1,802 1,453 1,025 1,506 1,620 1,110 1,398 1,563 1,188 910
Building with 2-4 Units 2 3 2 1 -- -- -- 2 6 4 1 5 5 2
Building with 5+ Units 2 2 2 13 3 5 2 1 3 3 4 4 6 2


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 12.2 16.0 13.8 11.5 9.1 7.7 5.5 7.7 13.7 9.2 12.0 13.4 10.0 7.6


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 24 62 81 144 202 278 211 194 96 61 43 30 27 31
Single Family 9 7 11 12 8 19 11 14 6 4 4 3 4 5
Condominium 15 55 69 131 194 259 199 179 90 57 39 27 23 25
Building with 2-4 Units -- -- -- -- -- -- -- 1 -- -- -- -- -- --
Building with 5+ Units -- -- 1 1 -- -- 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 0.1 0.3 0.4 0.6 0.9 1.2 0.9 0.8 0.7 0.5 0.3 0.2 0.2 0.2


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 6 9 18 52 58 97 81 97 91 42 54 27 24 9
Single Family -- -- 2 2 6 2 5 2 6 1 -- 1 1 --
Condominium 6 9 16 50 52 95 76 95 85 41 54 26 23 9


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 50.0% 100.0% 88.9% 94.2% 96.6% 89.7% 92.6% 83.5% 84.6% 85.7% 70.4% 74.1% 54.2% 66.7%
Single Family -- -- 100.0% 100.0% 100.0% -- 80.0% 50.0% 83.3% 100.0% -- 100.0% -- --
Condominium 50.0% 100.0% 87.5% 94.0% 96.2% 91.6% 93.4% 84.2% 84.7% 85.4% 70.4% 73.1% 56.5% 66.7%


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 0.2 0.2 0.4 0.3 0.4 0.6 0.3 0.3 0.2 0.1 --