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Learn about the people, housing, costs and businesses in South Chicago, Illinois
Select a topic to explore real data for South Chicago.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in South Chicago.
Estimate payments for homes in South Chicago.
People, housing & businesses in South Chicago.
Find and compare lenders active near South Chicago.
Homeowners, flood & wildfire estimates for South Chicago.
Income, rent and all-in ownership costs for South Chicago.
FEMA flood zones and flood insurance estimates for South Chicago.
Seismic risk and earthquake insurance estimates for South Chicago.
Wildfire exposure and insurance estimates for South Chicago.
Mortgage rates for South Chicago are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.
View current rates for South ChicagoThe median home value in South Chicago is $170k. The median monthly rent is $944. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in South Chicago have increased 6.5% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $963/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in South Chicago is $42k/year.
Calculate your buying powerThe largest employment sectors in South Chicago are public administration (21%) and information and media (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.
Adjacent counties and areas