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South Lawndale, one of Chicago's 77 well-defined community areas, is on the West Side of the city of Chicago, Illinois. It is notable for having two well-known neighborhoods, Little Village and Marshall Square. (Source: Wikipedia)
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 >
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.
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.
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 | 15.4% |
| Condominium | 0.2% |
| Building with 2-4 Units | 71.4% |
| Building with 5+ Units | 13.0% |
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 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 | 561 | 449 | 241 | 142 | 198 | 246 | 205 | 242 | 267 | 223 | 204 | 258 | 291 | 298 |
| Single Family | 202 | 178 | 95 | 58 | 61 | 79 | 63 | 83 | 84 | 73 | 78 | 84 | 85 | 80 |
| Condominium | 4 | 13 | 9 | 4 | 1 | 2 | 5 | 3 | 2 | -- | 1 | 6 | 5 | 3 |
| Building with 2-4 Units | 336 | 248 | 129 | 76 | 135 | 157 | 129 | 147 | 172 | 140 | 108 | 155 | 190 | 187 |
| Building with 5+ Units | 19 | 10 | 8 | 4 | 1 | 8 | 8 | 9 | 9 | 10 | 17 | 13 | 11 | 28 |
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 | 6.5 | 5.2 | 2.8 | 1.6 | 2.3 | 2.8 | 2.4 | 2.8 | 3.1 | 2.6 | 2.4 | 3.0 | 3.4 | 3.5 |
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 | 4.1% | 6.5% | 8.3% | 9.9% | 12.1% | 11.0% | 12.2% | 7.4% | 16.1% | 9.9% | 15.7% | 19.0% | 20.3% | 22.8% |
| Single Family | 1.5% | 5.1% | 6.3% | 5.2% | 4.9% | 5.1% | 6.3% | 7.2% | 11.9% | 5.5% | 9.0% | 8.3% | 14.1% | 11.3% |
| Condominium | 50.0% | 7.7% | -- | -- | -- | 50.0% | 40.0% | -- | -- | -- | -- | -- | 20.0% | 66.7% |
| Building with 2-4 Units | 5.1% | 5.6% | 8.5% | 10.5% | 15.6% | 12.1% | 11.6% | 6.1% | 16.9% | 10.7% | 13.9% | 21.3% | 21.1% | 21.9% |
| Building with 5+ Units | 5.3% | 50.0% | 37.5% | 75.0% | -- | 37.5% | 50.0% | 33.3% | 44.4% | 30.0% | 58.8% | 69.2% | 54.5% | 57.1% |
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 | 1.4% | 0.2% | -- | 1.4% | 7.1% | 5.3% | 6.3% | 7.4% | 6.0% | 4.5% | 2.9% | 3.5% | 1.7% | 2.3% |
| Single Family | 1.5% | 0.6% | -- | -- | 4.9% | 11.4% | 11.1% | 10.8% | 11.9% | 2.7% | 3.8% | 3.6% | 3.5% | 3.8% |
| Condominium | 25.0% | -- | -- | -- | 100.0% | -- | -- | 33.3% | -- | -- | -- | -- | -- | -- |
| Building with 2-4 Units | 1.2% | -- | -- | 2.6% | 7.4% | 2.5% | 4.7% | 5.4% | 3.5% | 5.0% | 2.8% | 3.9% | 1.1% | 2.1% |
| Building with 5+ Units | -- | -- | -- | -- | -- | -- | -- | -- | -- | 10.0% | -- | -- | -- | -- |
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 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 | 2,465 | 2,067 | 1,597 | 721 | 334 | 264 | 227 | 320 | 299 | 218 | 228 | 303 | 358 | 331 |
| Single Family | 918 | 757 | 606 | 255 | 124 | 87 | 72 | 113 | 104 | 62 | 85 | 94 | 107 | 80 |
| Condominium | 9 | 24 | 19 | 8 | -- | 1 | 1 | 3 | 1 | 1 | -- | 3 | 4 | 3 |
| Building with 2-4 Units | 1,489 | 1,242 | 928 | 426 | 194 | 160 | 140 | 191 | 184 | 137 | 123 | 186 | 220 | 215 |
| Building with 5+ Units | 49 | 44 | 44 | 32 | 16 | 16 | 14 | 13 | 10 | 18 | 20 | 20 | 27 | 33 |
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 | 28.5 | 23.9 | 18.5 | 8.3 | 3.9 | 3.1 | 2.6 | 3.7 | 3.5 | 2.5 | 2.7 | 3.5 | 4.2 | 3.9 |
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 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 | 98 | 123 | 207 | 320 | 382 | 380 | 300 | 328 | 169 | 114 | 99 | 71 | 58 | 43 |
| Single Family | 42 | 52 | 73 | 112 | 138 | 136 | 105 | 137 | 62 | 41 | 36 | 30 | 15 | 17 |
| Condominium | 1 | -- | 1 | 2 | 3 | 6 | 4 | 2 | -- | 1 | -- | -- | 1 | -- |
| Building with 2-4 Units | 52 | 69 | 130 | 197 | 229 | 235 | 183 | 175 | 98 | 69 | 62 | 39 | 39 | 23 |
| Building with 5+ Units | 3 | 2 | 3 | 9 | 12 | 3 | 8 | 14 | 9 | 3 | 1 | 2 | 3 | 3 |
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 | 1.1 | 1.4 | 2.4 | 3.7 | 4.4 | 4.4 | 3.5 | 3.8 | 2.0 | 1.3 | 1.2 | 0.8 | 0.7 | 0.5 |
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 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 | 14 | 29 | 46 | 108 | 147 | 131 | 91 | 120 | 125 | 83 | 72 | 78 | 46 | 37 |
| Single Family | 5 | 12 | 15 | 33 | 52 | 36 | 29 | 50 | 48 | 29 | 20 | 27 | 11 | 11 |
| Condominium | -- | -- | -- | -- | 2 | 2 | 1 | 1 | 1 | -- | 4 | -- | -- | -- |
| Building with 2-4 Units | 9 | 17 | 31 | 75 | 90 | 88 | 58 | 67 | 73 | 51 | 45 | 49 | 31 | 24 |
| Building with 5+ Units | -- | -- | -- | -- | 3 | 5 | 3 | 2 | 3 | 3 | 3 | 2 | 4 | 2 |
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 | 71.4% | 72.4% | 91.3% | 98.1% | 97.3% | 96.2% | 87.9% | 85.8% | 86.4% | 84.3% | 84.7% | 76.9% | 71.7% | 81.1% |
| Single Family | 100.0% | 75.0% | 93.3% | 97.0% | 100.0% | 100.0% | 100.0% | 82.0% | 85.4% | 86.2% | 85.0% | 81.5% | 63.6% | 72.7% |
| Condominium | -- | -- | -- | -- | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | -- | 100.0% | -- | -- | -- |
| Building with 2-4 Units | 55.6% | 70.6% | 90.3% | 98.7% | 95.6% | 95.5% | 81.0% | 89.6% | 86.3% | 82.4% | 84.4% | 73.5% | 77.4% | 87.5% |
| Building with 5+ Units | -- | -- | -- | -- | 100.0% | 80.0% | 100.0% | 50.0% | 100.0% | 100.0% | 66.7% | 100.0% | 50.0% | 50.0% |
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 | 0.5 | 1.2 | 1.7 | 1.5 | 0.9 | 1.2 | 1.3 | 0.8 | 0.7 | 0.7 | 0.4 | 0.3 |