Stony Island Park is one of Chicago's many small south side neighborhoods, tucked next to convenient public transportation routes and a major expressway. A plentiful dining and shopping district, affordable housing, and a good amount of new construction make Stony Island Park a neighborhood on the rise. The slew of new residential developments gives homebuyers a broader range of architectural styles to choose from when looking for real estate in Stony Island Park. Many of the modern designs are two-story, brick houses, however, there are still an abundance of classic bungalows and vintage homes in the neighborhood — if you are searching for that antiquated charm.
Stony Island Park is a triangular neighborhood adjacent to the eastern edges of the small communities of Avalon Park and Marynook. These three neighborhoods were once considered part of one larger township called Avalon Park. Actually, the area was known by the name of Pennytown until 1910 after a local store owner named Penny, or so the story goes. Like much of the south side, this region was marshland when early European inhabitants arrived in the early 1800s. In fact, before the swamp was drained, houses had to be built on stilts to avoid being flooded—not exactly what you might have imagined Chicago looking like back in the day.
The Illinois Central Railroad, which forms the western border of Avalon Park/Pennytown, brought many German and Irish workers to the village, and later many Swedish immigrants settled in the area as well. As the number of inhabitants grew, the settlement was annexed to Chicago in 1889. In the early 1900s, the neighborhood’s marshy terrain was finally tackled with a series of drainage systems that successfully dried out the land enough for serious development. This had the desired effect of the first of three major population and new home construction booms that the neighborhood would experience. In addition, the name was officially changed from Pennytown to Avalon Park.
The affluence of the roaring twenties sparked the second population increase and the World War II Baby Boom brought on the third, also prompting a rise in employment for residents who took to working in nearby industrial plants. Unfortunately, the increased prosperity lasted only a couple more decades until the population began to decline. The 1960s saw many African American families moving to Avalon Park from nearby overcrowded neighborhoods. These were mostly professionals of the emerging black middle-class, but fear and ignorance caused many white residents to move to the suburbs, and by 1980, African Americans made up 96 percent of Avalon Park’s populace—up from 83 percent just a decade before.
The southeast, triangular section of Avalon Park is now called Stony Island Park and is its own distinctive Chicago neighborhood. The area takes its name from the hill located in the Calumet Heights neighborhood directly to the south. In a sea of tall prairie grass, the hill looked like an island to early pioneers and was named accordingly. Their instincts weren’t too far off the mark, as Stony Island was in fact an island in glacial Lake Chicago in prehistoric times—who knew? Today Stony Island Park is an upper-middle class neighborhood of almost 14,000 residents, many of whom are professionals and business people that commute downtown for work. [Back To Top]
Stony Island Park facts
Location: 10 miles south east of the Loop Boundaries: 87th Street to the south, Stony Island Avenue to the west and South Chicago Avenue running diagonally northwest to southeast from 79th Street to 87th Street Bordering Neighborhoods:South Chicago, Calumet Heights, Avalon Park, Marynook, South Shore Crime Statistics: Go to CLEARMap to search specific streets and areas for crime incidents
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Stony Island Park Real Estate
Stony Island Park has traditionally been a neighborhood of single-family homes, but some recent construction has included more multi-unit housing. Still, the number of condominiums and townhomes in Stony Island Park is very limited. A few low-rise brick condos with two to three bedrooms are available. These are typically listed in the low to upper $100,000s and unfortunately do not generally include parking. If you are going to live in Stony Island Park, chances are you’ll find yourself in one of the neighborhood’s attractive single-family dwellings. As we mentioned, there is a slew of new residential development in this south side Chicago community which is giving residents a lot of options for the architectural style and amenities. Many of the modern designs are two-story brick abodes that are priced in the mid $200,000s to mid $300,000s, but it’s the vintage homes that give this tree-lined neighborhood its notable charm. From large bungalow-style houses with stone chimneys and wide front porches to ranches partially hidden by greenery with landscaped backyard patios and lawns. Tall pines, maples and oaks fill in the lots with a dusting of shrubs and flowerbeds, giving the blocks a balance of maturity and new growth.
Stony Island Park was built up in the post WWII era, so you are not hard pressed to find the classic, quaint redbrick Chicago bungalows along the streets. But because the properties in this neighborhood have been so well cared for over the years, homes are full of life and are just as inviting as the day they were erected. While a smaller home (something with two bedrooms) in Stony Island Park may only cost $90,000 to $135,000, there are plenty of three-bedroom places for less than $165,000. Even houses with four or five bedrooms are priced below $200,000, which as attracted many families to this lovely south side Chicago neighborhood over the years.
The average sale price of a home in Stony Island Park is represented by the chart to the right. The red line indicates the average price based on the total time frame selected in the drop-down window. The blue line indicates the average sale price for the particular month within that time frame. For more detailed information on Stony Island Park sign up for the trends report below or contact your Dream Town broker.
The average number of days a home in Stony Island Park spends listed for sale is represented by the chart to the right. The red line indicates the average number of days based on the total time frame selected in the drop-down window. The blue line indicates the average number of days a home spent on market during the particular month within that time frame. For more detailed information on average market listing times in Stony Island Park sign up for the trends report below or contact your Dream Town broker.
The average sale price of a home compared to its listing price in Stony Island Park is represented by the chart to the right. The black line indicates the baseline listing price for homes during the time frame selected in the drop-down. The red line indicates the difference between the average listing price and the average sale price during the particular month within that time frame. For more detailed information on Stony Island Park sign up for the trends report below or contact your Dream Town broker.
The total number of listings in Stony Island Park is represented in the chart to the right. The red line represents average number of days based on the total time frame selected in the drop-down window The blue bar represents the current number of listings during the particular month of that time frame. For more detailed information on Stony Island Park sign up for the trends report below or contact your Dream Town broker.
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