Pill Hill, Chicago, IL
Pill Hill — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Pill Hill, Chicago, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Pill Hill Neighborhood Overview
Pill Hill is a quiet, residential neighborhood located in the Near South Side community area of Chicago, centered around ZIP code 60601. Historically known for its concentration of medical professionals, it offers a serene, village-like atmosphere within close proximity to downtown. The area is characterized by its tree-lined streets and classic greystone and brick single-family homes.
Lifestyle & Amenities
Residents enjoy a peaceful, family-oriented lifestyle with easy access to the expansive green spaces of Grant Park and Burnham Park along Lake Michigan. While primarily residential, the neighborhood is just minutes from the world-class dining, shopping, and cultural institutions of the South Loop and Chicago's downtown core. This provides a perfect balance of suburban tranquility and urban convenience.
Real Estate Market
The Pill Hill real estate market consists largely of historic single-family homes, with a Census median home value of $556,900. Current market data indicates a price per square foot of approximately $168.44, reflecting its desirable location and classic housing stock. The area's residential focus means rental properties are less common, with current asking rents for available units reported around $2,345 per month.
Schools & Education
Families in Pill Hill are served by the Chicago Public Schools district. The neighborhood's central location provides access to a variety of public, private, and charter school options throughout the Near South Side and greater downtown area. For higher education, it is conveniently close to several major institutions, including Roosevelt University and the University of Illinois at Chicago.
Transportation & Connectivity
Pill Hill boasts excellent transportation links, with multiple CTA bus lines running along nearby State Street and Michigan Avenue. The Roosevelt CTA station, serving the Red, Orange, and Green Lines, is a short distance away, providing rapid transit to the Loop and beyond. The neighborhood's walkability and proximity to Lake Shore Drive also make commuting by car or bicycle highly convenient.
Why Choose Pill Hill
Pill Hill is ideal for those seeking a quiet, historic neighborhood with a strong sense of community, without sacrificing easy access to downtown Chicago's employment and entertainment hubs. With a high median household income of $121,294, it attracts professionals and families looking for stability and classic Chicago architecture. It represents a unique enclave that perfectly blends residential charm with unparalleled urban connectivity.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Pill Hill 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 Pill Hill, Chicago
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Pill Hill, 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