Why Live in Slag Valley
Slag Valley in Chicago is a neighborhood with deep industrial roots, offering a unique blend of historical charm and modern living. Known for its views of the U.S. Interstate 90 Skybridge and the Calumet River, the area has transformed significantly since its days as an industrial hub. The neighborhood features a variety of home styles, including single-story bungalows and two-story Prairie-style homes, many with covered porches and detached garages. Streets are tree-lined and follow a typical Chicago grid, with industrial elements like warehouses and railroad tracks in the southern part. Slag Valley residents enjoy proximity to green spaces such as Veterans’ Memorial Park and Calumet Beach, as well as the expansive Calumet Park. The community is well-connected, with access to I-90 and the South Chicago Metra Station, making downtown Chicago just a 14-mile trip away. Shopping is convenient along U.S. Route 20 and at Stony Island Plaza, while dining options include L & G Family Restaurant and La Cabanita. Despite its industrial past, the neighborhood has seen improvements in air quality since the 2015 ban on open-air petcoke, though the EPA advises caution regarding airborne toxicity. Schools in the area have received moderate ratings, with options for both public and private education.
Home Trends in Slag Valley, IL
On average, homes in Slag Valley, Chicago sell after 33 days on the market compared to the national average of 51 days. The median sale price for homes in Slag Valley, Chicago over the last 12 months is $223,000, up 16% from the median home sale price over the previous 12 months.
Median Sale Price
$223,000
Median Single Family Sale Price
$221,500
Average Price Per Sq Ft
$171
Number of Homes for Sale
2
Last 12 months Home Sales
15
Median List Price
$224,999
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
16%