Mayfair, Chicago, IL
Mayfair — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Mayfair, Chicago, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Mayfair Neighborhood Overview
Mayfair is a residential neighborhood on Chicago's Northwest Side, known for its strong community feel and well-maintained bungalows. It offers a quieter, family-oriented atmosphere while maintaining convenient access to the city's amenities. The area provides a classic Chicago neighborhood experience with its own distinct identity.
Lifestyle & Amenities
Residents enjoy a variety of local shops and restaurants along Lawrence Avenue and Montrose Avenue. The neighborhood features several parks, including Mayfair Park, which offers recreational facilities and community programming. This creates a self-sufficient environment where daily needs are met within a short distance.
Real Estate Market
The Mayfair real estate market is characterized by single-family homes, including many Chicago bungalows and brick two-flats. With a Census median home value of $556,900 and a current price per square foot around $276, it represents a stable investment in a desirable Northwest Side location. The market caters primarily to homeowners and small investors.
Schools & Education
Mayfair is served by Chicago Public Schools, offering families local elementary and high school options. The neighborhood's demographic, supported by a median household income of $121,294, often shows strong community involvement in local education. Parents have access to both neighborhood schools and selective enrollment options within the CPS system.
Transportation & Connectivity
The neighborhood is well-served by the CTA's Brown Line, with the Montrose and Kedzie stations providing direct access to the Loop. Major bus routes along Lawrence, Montrose, and Pulaski roads offer additional connectivity throughout the city. This makes commuting to downtown Chicago or other neighborhoods relatively straightforward for residents.
Why Choose Mayfair
Mayfair is an ideal choice for those seeking a traditional, tight-knit Chicago community with the benefits of city living. It offers a balance of affordable homeownership opportunities, green space, and reliable public transit. The neighborhood provides a stable and welcoming environment for families and long-term residents.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Mayfair Market Data
| Metric | Value |
|---|---|
| Median Home Price | $557K |
| Median Gross Rent | $3K/mo |
| Median Household Income | $121K |
| Homeownership Rate | 30.5% |
| Renter-Occupied | 69.5% |
| Rental Vacancy Rate | 7.2% |
| Market Type | Buyer's |
| Market Tier | Luxury |
| Primary ZIP Code | 60601 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 262,923 |
| VA Loan Originations | 10,875 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $270K |
| Conventional Loan Originations | 219,732 |
| FHA Loan Originations | 32,316 |
Top Real Estate Agents in Mayfair, Chicago
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Mayfair, Chicago, IL. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Illinois Department of Financial and Professional Regulation (IDFPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12