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    AI-Generated Neighborhood Summary

    Location and General Overview:

    2242 W Harrison St is located in the Near West Side neighborhood of Chicago, IL. This area is known for its proximity to the Illinois Medical District and the United Center, home to the Chicago Bulls and Blackhawks. The neighborhood offers a mix of residential and commercial spaces.

    Crime Rate, Schools, and Amenities:

    The crime rate in the Near West Side has historically been higher than the city average, but it has seen improvements in recent years due to community policing initiatives and development. The area is served by the Chicago Public Schools district, with multiple schools ranging in performance. Nearby amenities include several parks such as Union Park and Skinner Park, and grocery stores like Mariano's and Pete’s Fresh Market. The neighborhood offers easy access to public transit, dining, and entertainment, with attractions like the United Center and proximity to the West Loop’s restaurant scene.

    Demographics and Economic Insights:

    The average household income in this neighborhood is varied, with some pockets being more affluent than others. Nearby neighborhoods like the West Loop tend to have higher average incomes due to ongoing development and an influx of young professionals. Job growth in the area has been strong, supported by the medical district and nearby business developments. Proximity to downtown Chicago, only a few miles away, also enhances employment opportunities, allowing residents to access a wide range of occupations in the city center.

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    Neighborhood Insights
    Key metrics about this location

    Neighborhood Summary

    Unlock our premium report for a detailed neighborhood narrative that combines demographic, economic, and social indicators to give you a comprehensive understanding of this community.

    Median Home Price

    $291,500

    Walk Score

    -

    Bike Score

    -

    Median Household Income

    $32,833
    Nat'l Avg: $69,021

    Percent Under Poverty

    29%
    Nat'l Avg: 12%

    Median Contract Rent

    $296
    Nat'l Avg: $988

    Owners vs Renters

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    Vacant Housing Units

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    Unemployment Rate

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    College Degree

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    Dominant Race

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    Married-Couple Families

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    Owners Without Morgages

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    Mortgage ≥ 30% Income

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    Rent ≥ 30% Income

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    Non-US Citizens

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    Get access to 15+ additional neighborhood metrics, including crime data, income statistics, demographic breakdowns, and more.

    Location Map
    Overview of the neighborhood
    Nearby Places
    Essential locations and points of interest in the area

    Union Park

    park

    Rush University Medical Center

    hospital

    Pete's Fresh Market

    grocery store

    The Ogden

    restaurant

    Planet Fitness

    gym

    O'Hare International Airport

    international airport

    St. Malachy School

    school

    United Center

    main attraction

    Neighborhood Assessment
    Key advantages and considerations for this area

    Dynamic Insights

    The median home sold price in the 60612 area was $363,936 in November 2024, reflecting a 2.1% increase from the previous month.
    The average time on the market for homes in the 60612 area was 33 days in November 2024, indicating a relatively quick turnover.
    The neighborhood surrounding 2242 W Harrison St has a high percentage of renters, with 86% of residents renting their homes.
    The area has experienced significant development, with new townhouses built in 2022, such as those at 2828 W Harrison St, listed at $245,000. These insights highlight the area's dynamic real estate market and ongoing development.

    Custom Narratives

    The area surrounding 2242 W Harrison St has experienced a 14.5% increase in the number of homes for sale between September and October 2024, indicating a growing real estate market.
    The median list price in this neighborhood was $360,336 in October 2024, reflecting a competitive housing market.
    The community is predominantly African American, comprising 84.9% of the population, with a median household income of $23,067, highlighting unique cultural attributes and economic challenges.
    With a Walk Score of 81, Transit Score of 73, and Bike Score of 83, the area offers excellent walkability, transit access, and bike-friendly infrastructure, enhancing its appeal to residents. These insights provide a comprehensive overview of the market trends and community attributes for 2242 W Harrison St, Chicago, IL 60612.

    Green Flags

    Close proximity to medical centers
    Vibrant urban living
    Access to public transportation
    Diverse dining options nearby

    Red Flags

    Heavy traffic and congestion
    Limited parking availability
    Noise from busy streets
    Higher cost of living
    Flood Risk Assessment
    FEMA flood zone information and historical flooding data

    Flood Zone

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    Historical Flooding

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