$441,880Average Value$305Average 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
Are you familiar with the Chinatown neighborhood?
to let others know what life in this neighborhood is like.
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
Chinatown Demographics and Home Trends
On average, homes in Chinatown, Chicago sell after 91 days on the market compared to the national average of 52 days. The median sale price for homes in Chinatown, Chicago over the last 12 months is $336,000, up 15% from the median home sale price over the previous 12 months.
Prime Chinatown location! Welcome to this sun-drenched and spacious 3 bed/2 bath condo, which offers an ideal blend of modern living and unbeatable location. The oversized living room, featuring beautiful hardwood floors, seamlessly connects to a private balcony, perfect for enjoying the surrounding views. The open-concept living and dining area is filled with natural light and flows seamlessly.
Great opportunity to own a two-level duplex condo in the heart of Chinatown. Well-maintained unit features 3 bedrooms and 1.5 bathroom. First floor with newly remodeled kitchen with all newer kitchen appliance. Three bedrooms on second floor with hardwood floor throughout. Elevator inside the building and secured entrance door to the residential area. Convenient to express way, groceries, park,
Well maintained, this 3-level row house offers 3 bedrooms, 1.5 bathrooms, and a 1-car garage. The upper level features two spacious bedrooms with gleaming hardwood floors, providing a bright and airy atmosphere. On the main floor, the kitchen and living room are thoughtfully separated, with floor-to-ceiling windows filling the space with natural sunlight, creating a warm and comfortable living
Location! Location! Location! well maintained 3 bed/1.1 bath unit located in heart of Chicago Chinatown Square. Sunny south-facing exposure, features cabinets, granite countertop, stainless steel appliances, in-unit washer/dryer, ceiling lights in the living/dining room. Wood laminated flooring throughout. Close to Ping Tom Park, shopping, restaurants for you to enjoy Asian food. Walking
Incredible location right in the heart of Chinatown. Southern exposure brings in lots of sunlight from morning to evening.Walk to shopping, great restaurants and bakeries, parks, bus, red line train and be downtown in minutes! 2 comfortably sized bedrooms both with closets. All appliances relatively new including modern washer/dryer in unit. Central heat and air! Recess lighting in kitchen and
Must See!! Massive, Updated, Bright, Townhouse in the Heart of Historic Bridgeport / Chinatown, and Only Steps Away from Public Transit and Some of Chicago's Hottest Shopping, Dining and Entertainment. This Home offers 3 Large Bedrooms Including a Spacious Primary Bedroom with a Walk-In Closet, 2 Bathrooms, In-Unit Laundry, Central A/C, Updated Chef's Kitchen with Ample Cabinetry, Storage and
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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.
