Auburn Gresham Market Trends

Auburn Gresham, one of the 77 official community areas, is located on the far south side of the city of Chicago, Illinois. It was the original location of the South Side Irish Parade before it was relocated to the Beverly neighborhood farther southwest in the city.
Auburn Gresham's development as a community dates back to the early nineteenth century, when the area was defined primarily by small German and Dutch settlements. A later influx of Irish railroad workers and others lured to the South Side by newly extended city services in the late nineteenth century led to further residential and commercial growth. In the 1920s, the population increased nearly threefold, from 19,558 to 57,381. The plethora of bungalow-style housing and brick two-flat apartment buildings throughout Auburn Gresham serves as lasting evidence of the community's formative years.
Auburn Gresham is serviced by a Metra commuter rail stop at W. 87th St. and Vincennes Ave., which provides daily inbound service to LaSalle Street Station in Chicago and outbound service to Joliet. Community leaders have long encouraged the construction of an additional Metra rail stop at W. 79th St. As of 2012, one has yet to be constructed. CTA red line stops at 79th St. and 87th St. are also available along the Dan Ryan Expressway in nearby Chatham.

Currently, the average rents in this neighborhood are approximately:

Bedrooms Average Rent
Studios $588
1 bedroom $756
2 bedrooms $923
3 bedrooms $1,140
Listing Price Bed/Bath

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