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Portage Park

Portage Park is located on the northwest side of the City of Chicago, Illinois and is one of 77 officially designated Chicago community areas. Portage Park is bordered by the community areas of Jefferson Park and Forest Glen to the north, Dunning and the suburb of Harwood Heights to the west, Irving Park to the east and Belmont-Cragin to the south. The area is notable for its Six Corners outdoor shopping district, centered at the intersection of Irving Park Road, Cicero Avenue and the diagonal Milwaukee Avenue, the Portage Theater and for its namesake - Portage Park. The name of the park was taken from the major portage linking the Des Plaines and Chicago rivers along what is today Irving Park Road. Portage Park has the largest Polish community in the Chicago Metropolitan Area according to the 2000 census. Portage Park is home to the Polish American Association, the Polish Jesuit Millennium Center, the Polish Army Veterans Association in the beautiful building of the former Irving State bank, in addition to the multitude of Polish shops and businesses throughout the district. (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 41.0%
Condominium 5.9%
Building with 2-4 Units 34.5%
Building with 5+ Units 18.7%


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 1,061 905 585 408 455 491 517 623 753 717 690 800 798 777
Single Family 651 508 324 245 294 322 317 387 484 425 454 512 518 518
Condominium 171 228 184 100 56 48 66 96 99 106 75 103 88 89
Building with 2-4 Units 227 162 71 60 98 118 128 132 158 165 145 167 180 153
Building with 5+ Units 12 7 6 3 7 3 6 8 12 21 16 18 12 17


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 6.9 5.9 3.8 2.7 3.0 3.2 3.4 4.1 5.0 4.7 4.6 5.3 5.3 5.1


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 4.8% 6.0% 4.8% 4.2% 4.2% 13.2% 14.1% 15.7% 24.2% 18.0% 14.2% 16.5% 13.4% 11.8%
Single Family 3.4% 5.3% 4.3% 2.4% 2.7% 12.7% 13.2% 14.7% 28.7% 18.6% 13.9% 16.4% 13.9% 11.8%
Condominium 8.2% 5.3% 1.6% 3.0% 3.6% 16.7% 7.6% 11.5% 7.1% 11.3% 12.0% 8.7% 8.0% 5.6%
Building with 2-4 Units 4.4% 7.4% 7.0% 8.3% 7.1% 11.9% 16.4% 16.7% 18.4% 12.1% 11.0% 16.8% 11.1% 13.1%
Building with 5+ Units 41.7% 42.9% 100.0% 100.0% 28.6% 66.7% 83.3% 100.0% 58.3% 85.7% 62.5% 61.1% 66.7% 35.3%


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
Condominium 0.6% -- -- -- -- 2.1% -- -- -- 1.9% -- -- -- --
Building with 2-4 Units -- 0.6% -- -- -- -- -- -- -- 0.6% -- -- -- 0.7%


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 4,608 4,149 3,169 1,792 1,517 1,334 1,243 1,624 1,579 1,211 1,449 1,666 1,447 1,284
Single Family 3,151 2,834 2,201 1,262 1,149 1,004 892 1,179 1,081 834 1,024 1,189 997 875
Condominium 356 450 343 202 137 86 69 116 141 78 83 114 107 116
Building with 2-4 Units 1,061 836 586 295 217 230 260 303 332 266 309 325 309 272
Building with 5+ Units 40 29 39 33 14 14 22 26 25 33 33 38 34 21


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 30.1 27.1 20.7 11.7 9.9 8.7 8.1 10.6 10.4 8.0 9.6 11.0 9.6 8.5


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 89 111 257 453 576 571 430 390 236 129 124 92 81 67
Single Family 58 81 161 297 347 347 253 240 145 82 88 56 54 40
Condominium 5 6 20 40 60 93 65 53 40 22 11 7 9 7
Building with 2-4 Units 26 23 75 115 165 124 103 94 47 25 24 29 18 19
Building with 5+ Units -- 1 1 1 4 7 9 3 4 -- 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 1.7 3.0 3.8 3.7 2.8 2.6 1.6 0.9 0.8 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 9 18 52 150 192 227 137 154 175 132 100 74 42 28
Single Family 9 13 42 88 124 117 68 86 103 75 67 51 26 21
Condominium -- 1 2 14 20 38 31 36 34 23 17 9 1 5
Building with 2-4 Units -- 4 8 47 47 70 36 32 35 33 15 14 15 2
Building with 5+ Units -- -- -- 1 1 2 2 -- 3 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 66.7% 77.8% 98.1% 98.0% 99.0% 94.7% 89.1% 84.4% 78.3% 81.8% 77.0% 78.4% 71.4% 57.1%
Single Family 66.7% 76.9% 97.6% 100.0% 98.4% 93.2% 91.2% 84.9% 70.9% 76.0% 82.1% 82.4% 65.4% 66.7%
Condominium -- 100.0% 100.0% 92.9% 100.0% 97.4% 93.5% 91.7% 94.1% 87.0% 64.7% 44.4% 100.0% 20.0%
Building with 2-4 Units -- 75.0% 100.0% 95.7% 100.0% 95.7% 80.6% 75.0% 82.9% 90.9% 73.3% 85.7% 80.0% 50.0%
Building with 5+ Units -- -- -- 100.0% 100.0% 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 0.3 1.0 1.2 1.4 0.8 0.9 0.9 0.7 0.5 0.4 0.2 0.1