24th Ward, Alder Michael Scott, Jr. Alder Michael Scott, Jr.'s


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A proposed affordable housing development to be built by A Safe Haven Foundation, with 90 units, 75 of which would be set aside for veterans. (2920 W Roosevelt Rd, Chicago, IL)
Author: UrbanWorks Architecture

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Parcels & Properties within 24th Ward, Alder Michael Scott, Jr.

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24th Ward, Alder Michael Scott, Jr. stats

The area of 24th Ward, Alder Michael Scott, Jr. is 3.76 square miles.

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Market info for 24th Ward, Alder Michael Scott, Jr.

Submarket 1 72.6% of 24th Ward, Alder Michael Scott, Jr.

Lowest income, high distress, declining population, urban

Submarket 1 consists primarily of urban areas concentrated on the south and west sides of the City of Chicago, but also includes parts of Waukegan, Joliet, and south suburban Cook County. These communities are medium density with many 2–4 flats built before 1940. High rates of vacancy, foreclosures, and distressed sales in Submarket 1 may undercut the quality of existing homes. Significant population loss in Submarket 1 communities is likely both a cause and an effect of local levels of property distress. Nonetheless, Submarket 1 has good access to the regional transportation network, which helps keep transportation costs low. Despite low housing values and costs, declining incomes among Submarket 1 households have led to increased rates of cost burden. Educational attainment levels are low, and households in this submarket are lower income with the largest income declines of any of the submarkets. The submarket has experienced high unemployment, which has increased over time. Communities in this submarket are also aging, now with a greater share of older adults and fewer children under 15.

Submarket 2 27.4% of 24th Ward, Alder Michael Scott, Jr.

Higher density urban and suburban, large households, high foreclosure/moderate vacancy, low/moderate income

Submarket 2 consists of urban and suburban homes built before 1940 in parts of Chicago, Aurora, Elgin, Joliet, and Waukegan. Declining incomes likely influence the high and increasing levels of cost burden. Low transportation costs moderate concerns about high levels of cost burden. Many households rent, but comparatively fewer live in subsidized units than in submarket 1. The submarket has higher levels of foreclosure activity, but moderate levels of vacancy. Mortgage investment is low but cash sales are high, which when combined with the high foreclosure rates and low vacancy rates, points to the transitioning of homes from owners to renters. The larger households in submarket 2 frequently have children under the age of 15.

What are submarkets?

There are eight submarkets, or clusters of similar housing issues and neighborhood characteristics. The "cluster" information is from the Regional Housing Solutions and is based on data from the American Community Survey, collected in 2009-2013, and is a collaboration among CMAP, Institute for Housing Studies, Metropolitan Mayors Caucus, and Metropolitan Planning Council.


Building Projects in the 24th Ward, Alder Michael Scott, Jr.

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Summarizing building permit activity in the 24th Ward, Alder Michael Scott, Jr. Ward since 2006

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Renderings, Photos, & Plans

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Properties for sale

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Business licenses

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Zoning Changes & Ordinances

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Building violations

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Public investments TIF-funded Projects

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Vacant & abandoned building reports

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Historic Resources Survey 1995 survey - orange & red-rated only

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Filming Permits

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Sources

Ward map source: City of Chicago

The zoning layer colorway comes from Second City Zoning.