South Commons, Chicago, IL
South Commons — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for South Commons, Chicago, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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South Commons Neighborhood Overview
South Commons is a distinct residential enclave within Chicago's Near South Side community area. Centered around a series of mid-rise buildings and townhomes, it offers a planned, park-like setting in the heart of the city. The neighborhood provides a unique blend of urban convenience and community-focused living.
Lifestyle & Amenities
Residents enjoy access to significant green space, including the expansive South Commons Park and its sports facilities. The neighborhood's proximity to the Museum Campus, Soldier Field, and the vibrant Near South Side provides ample cultural and recreational options. Daily conveniences are found nearby, with grocery stores and retail within a short distance.
Real Estate Market
The real estate market in South Commons is characterized by its condominiums and townhomes, with a Census median home value of $556,900. Current market data indicates a price per square foot of approximately $159.17, reflecting its central location. The rental market shows a premium, with current asking rents reported around $150,000 per month.
Schools & Education
South Commons is served by the Chicago Public Schools district. Families in the area have access to a variety of public and private educational institutions at the elementary and high school levels. Prospective residents are encouraged to research specific school options and their current ratings directly through the district.
Transportation & Connectivity
The neighborhood boasts excellent transit access, with multiple CTA bus lines serving the area and the Roosevelt 'L' station (Red, Orange, and Green Lines) within easy walking distance. Major thoroughfares like Lake Shore Drive and I-55 provide quick connections to the Loop and beyond. Its walkable layout and bike-friendly streets enhance daily mobility.
Why Choose South Commons
South Commons appeals to those seeking a quieter, green residential environment without sacrificing downtown accessibility. With a median household income of $121,294, it attracts professionals and families who value community space and urban amenities. It represents a unique opportunity for serene city living steps from Chicago's major attractions.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
South Commons 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 South Commons, Chicago
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for South Commons, 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