$130,000
- Studio
- 1 Bath
- 435 Sq Ft
601 E 32nd St Unit 503, Chicago, IL 60616
Miguel Perea
Open Path Realty
(872) 246-8751
Frequently Asked Questions
Is Lake Meadows a good place to live?
Lake Meadows is a good place to live. Lake Meadows is considered somewhat walkable and very bikeable with good transit options. Lake Meadows has 12 parks for recreational activities. It is very dense in population with 18.6 people per acre and a median age of 36. The average household income is $58,847 which is below the national average. College graduates make up 51.4% of residents. A majority of residents in Lake Meadows are renters, with 90.7% of residents renting and 9.3% of residents owning their home. A local real estate agent serving Lake Meadows can help you decide if this neighborhood is the right one for you. Learn more on our Lake Meadows neighborhood guide.
Is Lake Meadows, IL a safe neighborhood?
Lake Meadows, IL is less safe than the average neighborhood in the United States. It received a crime score of 6 out of 10.
How much do you need to make to afford a house in Lake Meadows?
The median home price in Lake Meadows is $150,000. If you put a 20% down payment of $30,000 and had a 30-year fixed mortgage with an interest rate of 6.1%, your estimated principal and interest payment would be $730 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $31K a year to afford the median home price in Lake Meadows. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Lake Meadows is $59K.
What are the best public schools in Lake Meadows?
The best public schools that serve Lake Meadows are:
- Pershing Elementary Humanities Magnet has a C Niche grade, a student teacher ratio of 11:1 and an average review score of 3.7.
- Doolittle Elementary School has a C Niche grade and a student teacher ratio of 17:1.
- Wendell Phillips Academy High School has a C- Niche grade, a student teacher ratio of 14:1 and an average review score of 3.8.
What are the best private schools in Lake Meadows?
The best private schools that serve Lake Meadows are:
- Ancona School has an A+ Niche grade, a student teacher ratio of 7:1 and an average review score of 4.8.
- St. Jerome School has an A+ Niche grade, a student teacher ratio of 9:1 and an average review score of 4.7.
- De La Salle Institute - Institute Campus has an A Niche grade, a student teacher ratio of 11:1 and an average review score of 4.1.
What are the most popular zip codes in Lake Meadows, Chicago, IL?
What are the most popular neighborhoods near Lake Meadows, Chicago, IL?
The most popular neighborhoods near Lake Meadows, Chicago, IL are South Commons, Lake Meadows, The Gap, Dearborn and Stateway Gardens.
Are home prices dropping in Lake Meadows?
Yes, home prices in Lake Meadows are down 50% in the last 12 months.
