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Burnside Real Estate and Neighborhood Information

Get to know Burnside

Burnside has a history founded in the sweat and toil of the railroads that converged in the area and provided early development. This strong work ethic has continued to grow steadily over the years as the community has created new job opportunities with the establishment of nearby Chicago State University. More recently, there has been some concern about the natural progression of the area's elderly population. But civic organizations are working to improve the neighborhood and attract young families and singles to Burnside. Sprawling parkland, a public swimming pool, plenty of intramural sports and clubs, outdoor concerts, and a penchant for fun, family-oriented activities keep this Chicago neighborhood lively and entertaining to residents of all ages and interests.

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Burnside Real Estate

Burnside is a family-oriented neighborhood of side-by-side duplexes and townhomes, brick bungalows and ranches, and a few multi-unit condo buildings. Typically the streets are well-maintained and the homes are landscaped with fir trees and maples. Most of the single-family residences also have small yards in front and back, as well as garages. Many homeowners have lived in the neighborhood for decades, which gives it a tight-knit community feel. There are strong ties to Chicago State University and some residents attend classes at the nearby campus.

Older one-story houses with two-bedrooms in the neighborhood start at $55,000. Just a general rule of thumb: buyers should expect the majority of Burnside properties that are listed for under $100,000 to require a bit of renovation and upkeep. On the other end of the spectrum are new construction two-stories with four bedrooms that are listed for around $300,000. Many of these new model houses are found along the same neighborhood block and offer beautiful finishes such as hardwood flooring and upgraded amenities like granite kitchen countertops. Now, if you’re not looking at the more contemporary residential options, you’ll find the average sales price for a three-bedroom detached single-family home in Burnside is around $130,000. For a four- or five-bedroom place the average price goes up to about $200,000. Townhomes and multi-unit housing in the neighborhood starts under $100,000 and goes up to around $200,000.

Burnside market trends

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