$435,857Average Value$305Average Price per Sq Ft9Homes 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.
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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.
5.0Current Resident
12/10/2016Niche Review
I lived in Chinatown since 2015 and I love this neighborhood. They are friendly and protective. Also, the stores are inexpensive. Red line is 5 minutes walking, and in 10 minutes you are in the loop. Chinatown is amazing I would never change for an other neighborhood.
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Crime and Safety
1 - Low Crime, 10 - High Crime
Chinatown
US
Homicide
2
4
Sexual Assault
8
4
Assault with Weapon
6
4
Robbery
5
4
Burglary
5
4
Motor Vehicle Theft
5
4
Larceny
5
4
Crime Score
5
4
Source: WhatIsMyCrimeRisk.com
Chinatown Demographics and Home Trends
On average, homes in Chinatown, Chicago sell after 27 days on the market compared to the national average of 55 days. The median sale price for homes in Chinatown, Chicago over the last 12 months is $326,000, down 1% from the median home sale price over the previous 12 months.
A beautifully remodeled and truly one-of-a-kind 4-bedroom, 2-bath townhouse located in the heart of Chinatown. The first floor, staircase, second-floor hallway, and living room are all finished with elegant engineered hardwood flooring. The first level features a guest bedroom and a full bathroom, offering flexibility for guests or multi-generational living. The second level showcases a spacious
Pre-Construction Sales - Evergreen Garden, a new construction 110-unit condominium development thoughtfully designed to create a convenient, peaceful, and well-connected community for residents. Ideally located in the heart of Chicago's Chinatown, the property is just steps from Ping Tom Memorial Park, Chinatown Square, Walgreens, restaurants, and the CTA Red Line, offering easy access to
Welcome to the heart of Chinatown, This 3 bedroom, one and half bathroom condo offering convenience and comfort. in-unit washer/dryer , Stay comfortable year-round with the central heating and cooling system. Parking is one outdoor space, The location here is great, For commuters, easy access to public transportation and major highways .
BEAUTIFUL 2 BEDS+DEN CONDO IN FABULOUS COMMUNITY WITH WALKING DISTANCE TO CHINATOWN, MINUTES TO DOWNTOWN, PUBLIC TRANSPORTATION. UNIT FEATURE: 9' CEILING, BALCONY, LANDRY IN UNIT, GRANITE COUNTERTOP, DOUBLE SINKS, AND NEW DISHWASHER, NEW FLOOR. ONE INDOOR PARKING SPACE INCLUDED IN PRICE. SOLD "AS IS".
Rarely available one-bedroom plus den in the elevator-equipped Chinatown Square building! This thoughtfully designed unit features a spacious private den-perfect for a home office, guest room, or creative space. Enjoy modern living with hardwood floors, in-unit washer and dryer, and generous closet storage throughout. Ideally located just minutes from Ping Tom Park, Leonard Louis Fieldhouse,
This recently rehabbed beautiful 3BR/2BA modern spacious unit is filled with lots of natural light, quartz countertops, stainless appliance, luxury vinyl plank floor , central heat/air, and in-unit W/D. Great skyline view in the balcony. Walking distances to grocery, restaurants, shopping plaza, Chinatown, Pilsen, and public transportation. Close to most major highway. Heat garage parking
This rarely available condo unit sits right in the "HEART OF CHINATOWN". With 2 bedrooms, 1 bath, and laundry in the unit, recent updates include: new hardwood flooring, new kitchen with granite countertop, new bathrooms, new windows, new washer and dryer, new appliances, new light fixtures. This unit is ready for you to move-in. Don't let this opportunity pass. Call now to schedule an
Top-Floor Penthouse | Chinatown/Bridgeport | Enjoy the views from a large private balcony in this top-floor penthouse. The unit features stainless steel appliances, granite countertops, maple cabinetry, hardwood floors throughout, and 2 indoor garage parking spaces (P56 & P60) included. Conveniently located near downtown, restaurants, shopping, and public transportation. Just an 8-minute
GREAT LOCATION IN CHINATOWN, WELL MAINTAINED BRICK CONDO, COUPLE MINUTES FOR PUBLIC TRANSPORTATION TO DOWNTOWN, HALF BLOCK TO ARCHER AVENUE. EASY ACCESS TO ALL MAJOR HIGHWAYS. CLOSE TO PINGTOM PARK, HEALY ELEMENTARY SCHOOL DISTRICT. UNIT FEATURE: 9' CEILING, BALCONY, LANDRY HOOKUP IN UNIT, GRANITE COUNTERTOP, DOUBLE SINKS, AND ETC. ONE INDOOR PARKING SPACE INCLUDED IN PRICE.
Property Id: 2483285 Located in the heart of Chinatown, easily walkable to great restaurants and convenience stores. Close to public transportations, including bus 21, 24, 62 and the red line subway station. Few stops to downtown and accessible to all major universities via the red line. Sunny, 4 bedrooms, 2 full bathrooms, and 2 living rooms. Safe area, with 24/7 exterior
Property Id: 2483285 Located in the heart of Chinatown, easily walkable to great restaurants and convenience stores. Close to public transportations, including bus 21, 24, 62 and the red line subway station. Few stops to downtown and accessible to all major universities via the red line. Sunny, 4 bedrooms, 2 full bathrooms, and 2 living rooms. Safe area, with 24/7 exterior
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
NEWLY REMODELED, VERY SPACIOUS AND BRIGHT SINGLE FAMILY HOUSE IN DESIRABLE SOUTH LOOP NEIGHBORHOOD. FOUR BEDROOMS, PLUS A GREAT ROOM OR YOU CAN IT AS AN OFFICE. TWO AND A HALF BATHROOMS. BOTH TWO FULL BATHS HAVE SEPARATE SHOWERS. 10 FEET CEILINGS ON THE 2ND FLOOR. HARDWOOD FLOORS THROUGHOUT THE HOUSE. NEWLY REMODELED KITCHEN WITH GRANITE COUNTERTOP. GATED BACK YARD FOR YOUR SUMMER BBQ PARTIES,
2-Bedroom 1- Bath renovated unit on the 3rd floor. Includes Range, Refrigerator, coined washer and dryer. Wood floors. CENTRAL HEAT and air furnace. No parking only surround street parking or Public month parking down the street. NO PETS
Spacious two bedroom, one bath in the hot Chinatown. Quick access to highway & CTA. 1 parking space available for $100/month. $75 non-refundable application fee per applicant. FICO 680+. No more than 3 peoples. No smoking. No Pet.
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