The beautiful Albany Park neighborhood is one of the most diverse in Chicago and is located in the northwest side. Situated to the west of Ravenswood and encompassing Ravenswood manor, apartment hunters will enjoy the balance of city and suburb life that Albany Park offers. The area continues to grow despite growth regression in Chicago. There’s easy access to downtown via the CTA Brown and Blue line ‘L’ trains as well as Metra Rail, and I-90/94 on the western border.
Affordable apartments in Albany Park can be found quite easily, with many one-bedroom rentals available for less than $1,000 and two-bedrooms for around $1,300. Buildings are generally midrise and multi-family homes without fancy amenities but some have yards. Larger three and up-bedroom apartment rentals usually are well under $2,000 a month.
In 1893, several investors settled this area south of the existing Northeastern University. One of them was from Albany, New York and chose to name it Albany Park. When Northwestern rail expanded their Ravenswood branch to add a station at Kimball/Lawrence development in the area boomed. The great location has attracted a large population of foreign-born residents, including many from Southeastern Asia, the Balkans, the Middle East, and Latin America.
Albany Park offers a great balance of space, affordability and accommodations. Families will love the expansive parks along the north and east of Albany Park and the many great schools are just icing on the cake. Northeastern University is just north of Albany Park, and the North Park Theological Seminary, the highly rated Frederick Von Steuben Metropolitan Science Center, and John J Palmer Elementary all serve the residents of Albany Park. The area is considerably lower crime than the Chicago average.
Total population of Albany Park is 51,542. 49.5% Hispanic, 29.2% White, 14.4% Asian, 4% Black
Population density is 27,000/square mile, 2.5 times the Chicago average.
Median household income: $46,198
In the late 19th century a racetrack located along the Chicago River here attracted Chicagoans up to enjoy horse racing and bolster the growing area.
The diverse population brings many different cultures and cuisines together here. Noon O Kabab serves up authentic Persian food with spices brought in from Iran. La Brasa Rosa’s rotisserie chicken is irresistible. Great Sea Chinese Restaurant will satisfy your cravings for spicy fried chicken wings. Walk it off at the Eugene Field Park, the River Park or the Bohemian National Cemetary.