One of the most popular communities in the Northwest of Chicago is Jefferson Park.
In this article, I will help you navigate Jefferson Park real estate.
It has wide appeal amongst homebuyers and renters because of its affordable housing, low crime rates, and proximity to transportation and schools.
So let’s get down to business. Here’s what you should know about Jefferson Park real estate.
Jefferson Park Real Estate Facts
Jefferson Park is home to 26,216 people. Here the majority of people own their homes and only 34% rent.
The median home price is $417,000 while rents go for an average of $1,406.
According to the Chicago Metropolitan Agency for Planning, most residents in the Jefferson Park community are families.
Out of the 10,585 total households, there were 6,624 family households.
And more than half of households (51.5% - 5,219 households) spend $75,000 or more on housing costs.
In terms of architecture, most real estate properties here, 5,832 to be exact, are single-family, detached homes.
This is 51.9% of the entire housing stock, a higher percentage than in the entire City of Chicago wherein it’s only 25.9% of real estate.
Most Jefferson Park homes are old. The median year, when a Jeff Park home is built, is 1948. And indeed, the greatest percentage - 43.1% - of homes were built from 1940 to 1969.
Now let’s start to explore the architecture in Jefferson Park.
Diverse Architecture in Jefferson Park
Jefferson Park's architecture is diverse. Owing to its rich history, Jefferson Park architecture is like an evolution of housing details, from early Victorian to 1950s ranch houses to sleek new condo development.
For starters, you can find Georgians, old Victorian graystones, Chicago bungalows, Cape Cods, mid-century, ranch-style homes, and contemporary townhomes.
If you fancy condo living, there are different types to choose from older mid-rise and courtyard condos to three flats and modern apartments. Apartments also comprise small (studio to two bedroom) to medium-sized (three or four-bedroom) small apartment buildings. They also have the best metropolitan amenities.
So you might be wondering, what are the neighborhoods I can move into in Jefferson Park?
Neighborhoods of Jefferson Park:
The Jefferson Park community encompasses three appealing neighborhoods: Jefferson Park, Indian Woods, and Gladstone Park.
A. Jefferson Park
The namesake neighborhood is predominantly middle-class.
Chicago Public School teachers and staff, Chicago Police Department, Chicago Fire Department, and Cook County Sheriff officers and staff live here.
The neighborhood boundaries are Austin Ave, Chicago River, Railway, Elston Ave, Foster Ave, Edens Expy, Cicero Ave, Montrose Ave, Narraganset Ave, Nagle Ave, Bryn Mawr Ave, Northwest Hwy, and Milwaukee Ave.
The freeway and public transportation are both close by, making getting downtown a breeze.
B. Indian Woods
Indian Woods is located on Ardmore Street, just south of Central Avenue. The neighborhood boundaries are Indian Road, Central Avenue, and Ardmore Avenue.
Originally part of the Forest Glen Community, Indian Woods is also covered partly by the South Edgebrook Neighborhood.
Indian Woods hosts 5 public schools rated good and higher by GreatSchools.
C. Gladstone Park
Gladstone Park is a neighborhood in the northern section of the Jefferson Park community.
It is at the center of the intersection of Northwest Highway and Central, Milwaukee, and Foster Avenues.
The Kennedy Expressway runs nearby as well and has an entrance from Foster Avenue.
Gladstone Park also has a stop along the Union Pacific/Northwest (UP-NW) commuter rail line.
Its unique Dutch Colonial style homes have attracted many people to move into the area.
And families love the public school system, with Gladstone Park hosting 7 public schools rated good and higher by GreatSchools.
Conclusion
The Jefferson Park community is very safe with many friendly neighbors. So far, there are only a few records of murder, robbery, and assault in the neighborhood. The police are very visible and very responsive to residents' concerns.
The wide variety of properties available for sale and rent entice people from all over the world to the community known as the “Gateway to Chicago”.
All things said Jefferson Park real estate is a very appealing investment for homebuyers, renters, and investors.
Are you interested in investing in Jefferson Park? Get our free Buyers Guide here.
