Why Live in Little Vietnam
Little Vietnam, also known as Little Saigon or Asia on Argyle, is a culturally diverse neighborhood in Chicago, centered around the West Argyle Street Historic District. This area features a mix of Vietnamese, Laotian, Cambodian, Japanese, and Chinese restaurants and businesses, with Argyle Street between Broadway and Sheridan showcasing this diversity. Highlights include Pho 777, known for its unique take on Vietnamese pho, La Patisserie P, offering Asian and French baked goods, and First Sip Café, famous for its strong Vietnamese coffee. The neighborhood also hosts the annual Lunar New Year Parade every February. For those seeking variety, Kie-Gol-Lanee serves notable Oaxacan cuisine. Little Vietnam is predominantly a rental area with condos featuring classic Chicago Greystone architecture and turn-of-the-century Victorian single-family homes. The neighborhood is more affordable and walkable compared to nearby Andersonville. Local amenities include Mariano's grocery store and Buttercup Park, which offers a splash pad, playground, and free library. The Argyle station on the Red Line CTA is under renovation, with a temporary station in place until 2025. Senn High School, a highly rated magnet Performing Arts institution, serves the area, along with William C. Goudy Technology Academy for elementary students. St. Augustine College, a private institution with historical significance, is also located here. Montrose Beach, about a mile away, provides recreational opportunities with a dog-friendly section and non-motorized boat launches.
Frequently Asked Questions
Is Little Vietnam a good place to live?
Little Vietnam is a good place to live. Little Vietnam is considered very walkable and very bikeable with great transit options. Little Vietnam is an urban core neighborhood. Little Vietnam has 10 parks for recreational activities. It is very dense in population with 54.1 people per acre and a median age of 39. The average household income is $67,912 which is below the national average. College graduates make up 56.8% of residents. A majority of residents in Little Vietnam are renters, with 81.9% of residents renting and 18.1% of residents owning their home. A
local real estate agent serving Little Vietnam can help you decide if this neighborhood is the right one for you. Learn more on our
Little Vietnam neighborhood guide.
How much do you need to make to afford a house in Little Vietnam?
The median home price in Little Vietnam is $450,000. If you put a 20% down payment of $90,000 and had a 30-year fixed mortgage with an interest rate of 6.5%, your estimated principal and interest payment would be $2,280 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $98K a year to afford the median home price in Little Vietnam. The average household income in Little Vietnam is $68K.
What are the best public schools in Little Vietnam?
The best public schools that serve Little Vietnam are:
What are the best private schools in Little Vietnam?
The best private schools that serve Little Vietnam are:
- Lycee Francais de Chicago has an A+ Niche grade, a student teacher ratio of 7:1 and an average review score of 4.2.
- Chicago Friends School has an A Niche grade, a student teacher ratio of 3:1 and an average review score of 5.0.
- Sacred Heart Schools has an A Niche grade, a student teacher ratio of 6:1 and an average review score of 4.6.
What are the most popular zip codes in Little Vietnam, Chicago, IL?
What are the most popular neighborhoods near Little Vietnam, Chicago, IL?
Are home prices dropping in Little Vietnam?
Yes, home prices in Little Vietnam are down 11% in the last 12 months.
Home Trends in Little Vietnam, IL
On average, homes in Little Vietnam, Chicago sell after 23 days on the market compared to the national average of 52 days. The median sale price for homes in Little Vietnam, Chicago over the last 12 months is $460,000, down 9% from the median home sale price over the previous 12 months.
Median Sale Price
$460,000
Median Single Family Sale Price
$905,000
Median Townhouse Sale Price
$458,500
Median 2 Bedroom Sale Price
$350,000
Median 1 Bedroom Sale Price
$142,500
Average Price Per Sq Ft
$318
Number of Homes for Sale
8
Last 12 months Home Sales
53
Median List Price
$450,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-9%