Mount Greenwood Market Trends

Mount Greenwood is one of 77 well-defined Chicago community areas. It is a predominantly Irish-Catholic neighborhood on the Southwest Side of Chicago. It neighbors the Chicago neighborhoods of Beverly and Morgan Park to the east, the suburb of Evergreen Park to the north, the suburb of Oak Lawn to the west, and the suburbs of Merrionette Park and Alsip to the south. Because of the presence of the cemeteries along the eastern edge of the neighborhood, the area was fictitiously said to have been known as "Seven Holy Tombs" before it was known as Mount Greenwood by author and playwright, John R. Powers in his fictionalized trilogy [see citation further below in this article] about growing up there. Mount Greenwood is about 14 miles SW of the Loop.
Even though there were a small number of settlers in Mt. Greenwood, the origins of Mt. Greenwood began in 1817 when it was surveyed by George Waite. Mr. Waite established an area where he could trade with the local Native Americans. Mount Greenwood Cemetery was established around this time by Mr. Waite. With the cemetery came the saloons and restaurants and eventually tracks for horse and greyhound racing. The cemetery is also the final resting-place of Robert Haslam, who as a twenty-year-old immigrant from England became one of the most celebrated riders of the Pony Express mail service that operated from 1860-1861.

Currently, the average rents in this neighborhood are approximately:

Bedrooms Average Rent
Studios
1 bedroom
2 bedrooms $1,500
3 bedrooms
Listing Price Bed/Bath

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