$430,803Average Value$273Average Price per Sq Ft8Homes For Sale
Asian influence in a convenient urban setting
Chinatown may be right in the backyard of downtown Chicago, but it offers a world of its own – and that’s the key to understanding the value of this place, a value that keeps its residents around. “A lot of the people who grew up in Chinatown leave for college or a job but end back up here. People here stick around,” Amy Duong Kim, a Senior Broker and Founding Member at Compass says. Residents don’t just enjoy the shopping and dining of this culturally focused neighborhood but the community events that come along with it. Hugged by the South Branch Chicago River to the west and two expressways to the south, it’s easy to feel like this neighborhood is plugged into the wider city. There’s even a Cermak-Chinatown train stop that helps residents go to and from. But one of the most popular ways to get around is by one’s own legs – Chicago’s Chinatown is known for being highly walkable.
Chinatown is known for its Chinese styled architecture which gives it a unique character.
BBQ King House has great food options in Chinatown.
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Asian cuisine on every corner
If food is a big driver for homebuyers when looking at neighborhoods, there’s no going wrong with Chinatown – where there appears to be options on every corner. Residents can start their morning off at Phoenix Restaurant, where they can enjoy dim sum, a brunch meal often centered around steamed dumplings. Later, they can grab drinks at Nine Bar, which has the honor of being Chinatown’s first cocktail bar. With cocktail names like “Paper Dragon” – featuring Sichuan peppercorn – and menu items like fries loaded with chili pork, it’s obvious that the venue is catering to an innovative younger crowd. These kinds of developments are nice to see because they show a bridge between Chinatown’s immigrant roots and a new wave of small business owners who want to make a stir. Speaking of bridges, residents should most certainly make their way over the river via Cermak Road so they can experience 88 Marketplace, a massive 80,000-square-foot food extravaganza. This is one of the more unique grocery stores in all of Chicago, giving customers access to frozen and fresh Asian foods. When visitors want to take a break from browsing the numerous aisles, they can chow down on some sushi and Chinese BBQ in the food court. For a more traditional grocery shopping experience, residents head 1 mile north of the neighborhood to Jewel-Osco. Visitors also enjoy checking out Chinatown Square, a two-story outdoor shopping mall with various shops.
Chinatown Square has great food options like BBQ King House.
MCCB has a number of Michelin stars and is well known in Chinatown.
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Chicago Chinatown Chamber of Commerce events
The Chicago Chinatown Chamber of Commerce organizes events throughout the year to unite the community. Most notable is their Lunar New Year Celebration, which features traditional dragon and lion dancing teams, colorful floats, marching bands and marching groups. Another popular event is the Chinese Dragon Boat Race, which has been a tradition among Asian communities for over 2,000 years. Started in 2000 in Chicago, the Dragon Boat Race for Literacy is a family-fun event that includes 32 dragon boat race teams competing in the Chicago River.
Lunar New Year Parade features great photo opportunities in Chinatown.
Lunar New Year Parade is a great time for residents of Chinatown and Chicago in general.
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From condominiums to class Chicago three-flats
In the neighborhood's north side, homebuyers will find a lot of multi-unit dwellings, like brick condos, which isn’t unusual for the Chicago area. But what makes a difference here is affordability. Condominiums in Chinatown have sold for between $250,00 and $410,000. Single-family cottages, townhouses and two and three-flats are more common in the neighborhood's south side and typically sell for between $320,000 and $650,000. “Homes don’t come to market very often but when they do, they go very fast,” Duong Kim says.
There are a number of brick condo buildings in Chinatown.
There are a number of three flat homes in Chinatown.
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The dynamic Ping Tom Memorial Park
Residents of Chinatown can make their way over the river at 18th Street, but might not want to cross, given that the beautiful Ping Tom Memorial Park sits on the riverbank. The park was once a rail yard, but now it offers opportunities for kayaking. There’s even an updated fieldhouse with a gym and a pool. Residents can also use the Chicago Water Taxi from Ping Tom Park, which takes residents along the river with various stops in Chicago. Just southeast of Chinatown is Park No. 540, a popular 5-acre park where locals can play softball or baseball, run on the track, or take their kids to their newly renovated playground. Speaking of playgrounds, children enjoy the new playground at Sun Yat-Sen Park, at the southern border of Chinatown.
Chinatown is known for its riverside Ping Tom Park.
Ping Tom Park has access to the river ferry in Chinatown.
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Proximity to public transportation
Residents in Chinatown benefit from the proximity to a variety of transportation options. The Cermak-Chinatown Station sits on the Red Line of the Chicago Transit Authority’s train system, also known as the “L”, and allows easy access to other pockets of Chicago. Right next to the station is the Nine Dragon Wall, a decorative artwork wall that welcomes commuters to the neighborhood. Proximity to both Interstate 55 and Interstate 90 gives residents easy access to downtown, which is a 2-mile drive north from the neighborhood. For residents looking to get out of Chicago, Midway International Airport is a 9-mile drive from the neighborhood. For medical attention, Insight Hospital & Medical Center Chicago is a 1-mile drive from Chinatown.
Chinatown has a CTA station right in the heart of the neighborhood.
Chinatown has a number of bus lines that run through it.
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Students attend Chicago Public Schools
Children in Chinatown attend Chicago Public Schools. The two schools that are zoned for the area are Haines Elementary School, which serves Pre-K through eighth grade and Phillips Academy High School, which serves ninth through 12th grade. Haines Elementary School earned a B grade from Niche while Phillips Academy High School earned a C-minus. Phillips Academy is known as the oldest African American high school in the city of Chicago. As for private school options, De La Salle Institute is about 2 miles south of the neighborhood and earned an A grade from Niche.
Healy Elementary School is located located near Chinatown.
Phillips Academy High School is located in the Bronzeville and serves the Chinatown area.
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Explore the art at Zhou B Art Center
Nearby in the Bridgeport neighborhood, residents enjoy going to the Zhou B Art Center. The venue, which was featured in the New York Times as one of the “Five Places to Go in Chicago”, hosts a free exhibition and open studio event on the third Friday of each month where locals can explore the main galleries as well as artist studios.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Cinny Chui,
an experienced agent in this neighborhood.
Parks in this Area
Sun Yat-Sen Park
Playground
Multi-Purpose Field
Margaret Hie Ding Lin Park
Basketball
Williams Park
Baseball/Softball
Football
Soccer
Park No. 540
Baseball/Softball
Football
Playground
Ping Tom Memorial Park
Baseball/Softball
Boating
Picnic Area
Palmisano Park
Fishing
Trails
Transit
Airport
Chicago Midway International
14 min drive
Subway
Cermak-Chinatown Station
Bus
Archer & Cermak & Princeton
Bus
Archer & Wallace
Bus
Wentworth & 23rd Street
Bus
Archer & Red Line Station
Bus
Cermak & Canal
Bus
Canal & 23rd Place
Bus
Wentworth & Cermak
Reviews
Niche Reviews
4.45 Reviews
4.0Current Resident
1/15/2019Niche Review
Chinatown has a great cultural immersion. The Chinese population is largely located in this area, where interacting with Chinese language and culture is simply amazing. The cultural taxation is my only issue along with gentrification of business capitalism.
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Crime and Safety
1 - Low Crime, 10 - High Crime
Chinatown
US
Homicide
4
4
Sexual Assault
3
4
Assault with Weapon
4
4
Robbery
5
4
Burglary
4
4
Motor Vehicle Theft
4
4
Larceny
5
4
Crime Score
4
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Chinatown, Chicago sell after 54 days on the market compared to the national average of 47 days. The average sale price for homes in Chinatown, Chicago over the last 12 months is $338,510, up 10% from the average home sale price over the previous 12 months.
This freshly painted spacious 3-bed, 2-bath + den townhome features a modern kitchen, large living room, brand new LVP flooring throughout and finished attic. Enjoy an attached garage, a walkout terrace with views of Ping Tom Park and the Chicago River, and easy access to shops, restaurants, and transportation, including I-90/94/55 and the CTA Red Line.
Open the door, unlock your heart and fall in love with this unique corner condo in the heart of Armour Square! Functionality meets style in this striking blend of exposed brick, high ceilings and original timber beams! Explore a spacious living room with private balcony access and an open floorpan that creates seamless flow into an attractive dining area and cozy kitchen, all brimming with
it is a 3 bedrooms and 1 full bathroom condo located at Chinatown Square , Closed to restaurants, parks, downtown, supermarkets, public transportation, expressway, library.
Rarely available, full of character, spacious loft unit in South Loop! This is not your cookie-cutter condo, but exposed brick/loft style apartment. Features include: hardwood floors in the main areas, great closets, laundry in-unit, central heat and a/c, uncovered parking spot available and much more. Pictures of a similar unit. Small pets are negotiable. Good credit scores and verifiable
Furnished, 2 Beds / 2 Baths + 1 Den, South facing, open view, spacious condo located in the area of Chinatown. Living / Dining combo, open floor plan, big balcony. Hardwood floors throughout, central HVAC, washer/dryer in unit. Healy elementary school district. Close to Chinatown Square Plaza. Mins get on Highway 55 and Highway 90. #62 bus to downtown. Short distance to CTA Orange Line Halsted
Fantastic 3 beds & 2 full baths with master suite condo, conveniently located heart of Chinatown step away Ping Tom Memorial Park and the new Community Field House, Chicago River with new boat house and river taxi, Cermak Red Line, shopping and dining.
Interested in learning more about homes in this area?
Reach out to
Cinny Chui,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
5,872
Median Age
46
Population Density
27 ppl/acre
Population under 18
17.8%
Below the national average
23.8%
Population over 65
24%
On par with the national average
19.1%
Finances
Median Household Income
$42,777
Significantly below the national average
$71,702
Average Household Income
$70,180
Education and Workforce
High School Graduates
57.7%
Significantly below the national average
89.1%
College Graduates
30.6%
Advanced Degrees
12.4%
% Population in Labor Force
55.9%
Below the national average
65.1%
Weather
Annual Precipitation
34''
Average Winter Low Temperature
20°F
Average Summer High Temperature
84°F
Annual Snowfall
40''
Area Factors
Very Bikeable
Bike Score®
84/ 100
Walker's Paradise
Walk Score®
96/ 100
Excellent Transit
Transit Score®
77/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
