Hegewisch, by the Numbers: Assessor Values at 60 Percent of 2025 Sale Prices for Houses and Two-to-Six-Flats, the Lowest of 64 Community Areas Once Quick Resales Are Set Aside

The Assessor valued the 94 houses and two-to-six-flats sold in Hegewisch, on Chicago’s Far Southeast Side, in 2025 at 60 percent of their sale prices, at the median, against 81 percent citywide. Set aside the seven that had sold within the two years before and the figure is still 60 percent, the lowest of the 64 community areas where it can be computed; citywide it is 83 percent. The median house sold for $219,000 in 2025, up 56 percent from $140,000 in 2019, against 39 percent citywide.

The Assessor valued the 94 houses and two-to-six-flats sold in Hegewisch, on Chicago’s Far Southeast Side, in 2025 at 60 percent of their sale prices, at the median, against 81 percent citywide. Set aside the seven that had sold within the two years before and the figure is still 60 percent, the lowest of the 64 community areas where it can be computed; citywide it is 83 percent. The median house sold for $219,000 in 2025, up 56 percent from $140,000 in 2019, against 39 percent citywide.

Drawn from our analyses of county and city records · sales file as updated September 15, 2026 · assembled October 1, 2026
Hegewisch in the recordsfigure
  • Median house sale, 2025$140,000 in 2019. 86 sales in 2025.$219K
  • Market signals activeOf two that could be measured.0 of 2
  • Homes bought by companies, 2024–257.6 percent in 2018–19.12.2%
  • Bought 2018–22 and resold within two years48 of 582 purchases.8.2%
  • Assessor valuation as a share of sale price94 sales in 2025. 60 percent with resales set aside.60%
  • Two-to-six-flats on the tax rolls, 2026292 in 2006.297

What homes sold for

The county recorded sales of 86 houses, eight two-to-six-flats and two condominiums in Hegewisch in 2025. The median house sold for $140,000 in 2019 and $219,000 in 2025, up 56 percent, 28th among the 70 community areas with 20 or more house sales in both years. Citywide the median house went from $230,000 to $320,000, up 39 percent. Too few two-to-six-flats and condominiums sold in one of the two years for a median.

Every area and year, and the rules for which sales are counted: What a Chicago Home Actually Sold For: 245,849 Deeds Since 2018, All 77 Community Areas

Neither of the two market signals that could be measured is active, and three could not be measured

Our gentrification-signals analysis checks five records in every community area for unusually fast change between 2018–19 and 2024–25: house prices, two-to-six-flat prices, the share of homes bought by companies, new-construction permits and new business licenses. In Hegewisch, two of the five could be measured and neither of those is active. Of the 67 areas scored, three show four signals and 40 show none. A signal is a measurement of change between two periods. It does not describe the people who live in an area or say what happens next.

The five signals in Hegewischactive
  • House pricesThe median house price was 1.56 times its 2019 level in 2025. The bar is 1.60 times, from a 2019 median below the citywide $230,000.no
  • Two-to-six-flat pricesFewer than 20 sales of two-to-six-flats in 2019 or in 2025, too few to measure.n/a
  • Company buyersCompanies bought 7.6 percent of homes sold in 2018–19 and 12.2 percent in 2024–25, up 4.6 points. The bar is a rise of five points.no
  • New-construction permitsFewer than ten new-construction permits across the two periods, too few to measure.n/a
  • New business licensesToo few first-time business licenses to measure.n/a

Only two of the five market signals could be measured here, house prices and the share of homes bought by companies, and neither is active: the price rise is short of the 60 percent the signal requires, and companies bought 7.6 percent of homes in 2018–19 and 12.2 percent in 2024–25, under the five-point bar. Of the 582 homes bought here from 2018 through 2022, 48 were sold again within two years, 8 percent against 7 percent citywide. Our reading: the low valuation figure here holds with quick resales removed, because there are few of them. Once they are set aside, sale prices in Hegewisch have run further ahead of the Assessor’s values than in any of the other 63 community areas where the figure can be computed.

Every area scored, with the thresholds: Where Chicago’s Gentrification Signals Are Active: East Garfield Park, New City and North Lawndale Show Four of Five. Logan Square, Avondale and the Lower West Side Show None.

Who bought

Companies bought 12.2 percent of the 172 homes sold in Hegewisch in 2024 and 2025, and 7.6 percent of those sold in 2018 and 2019. Citywide the share was 14.2 percent in the later period. A buyer counts as a company when its name on the deed carries a marker such as LLC, Inc. or Corp.; trustees of land trusts are counted as trusts. Of the 582 homes bought here from 2018 through 2022, 48 were sold again by their buyer within two years, 8.2 percent. The citywide rate is 7.1 percent.

The buyer names on the deeds, and the resales, are counted here: Who Is Buying Chicago? The Buyer’s Name on 245,849 Deeds: Companies Bought 13 Percent of Homes and 46 Percent of Those Resold Within Two Years

Two-to-six-flats since 2006

The Assessor’s rolls counted 292 two-to-six-flat parcels in Hegewisch in 2006 and 297 in 2026. Over the twenty years 15 left the class, and the largest group of those, 8, are now classed as vacant land. Another 20 parcels joined the class. That makes Hegewisch one of 25 community areas with more two-to-six-flats than in 2006; the citywide count fell from 127,818 to 119,943.

Every flat parcel of 2006, followed to 2026: Chicago’s Tax Rolls Show 7,875 Fewer Two-to-Six-Flats Than in 2006. Of the 13,049 Parcels That Left the Count, 6,208 Are Now Classed as Single-Family Houses.

Valuations, appeals and mortgages

The Assessor valued the 94 houses and two-to-six-flats sold in Hegewisch in 2025 at 60 percent of their sale prices, at the median. Citywide the figure is 81 percent. Of those sales, seven were of a home that had sold within the two years before. With those set aside the figure is 60 percent, against 83 percent citywide, the lowest of the 64 areas with that figure. Owners of 4.3 of every 100 houses appealed their assessment to the Board of Review for tax year 2025, counting each house once, against 17.5 citywide, and 38 percent of those appeals won.

Valuations against sale prices, area by area: Chicago Houses and Two-to-Six-Flats Sold in 2025 Were Valued at 81 Percent of Their Sale Prices. Those Resold Within Two Years, at 60 Percent.

Appeals per 100 houses, mapped: Nearly Half of Lincoln Park’s Houses Appealed Their Property Tax Assessments. On the Southeast Side, About One in 24 Did.

Federal mortgage records show 77 home-purchase loans in Hegewisch in 2025, and the county file shows 96 sales. The two are separate systems with different coverage and do not match sale for sale. Of the sales, 16 were for $100,000 or less, and lenders made 13 purchase loans that size. The records do not say how the other sales were paid for. Of the loans, ten were marked as not for the borrower’s own occupancy.

The lending records and their limits: At Least 1,532 Chicago Homes Sold for $100,000 or Less in 2025. Lenders Wrote 289 Mortgages That Size.

Permits and licenses

The city issued no new-construction permits in Hegewisch in the first half of 2025 and zero in the first half of 2026. Citywide the counts were 666 and 698.

Every permit of the half-year, by area: Chicago Issued 698 New-Construction Permits in the First Half of 2026. Here’s Where They Went.

City services

For requests to 311 created from January 1, 2024 through June 15, 2026, the median time to close in Hegewisch was: graffiti removal, 0.9 days on 182 requests, against 0.7 days citywide; potholes, 6.1 days on 577 requests, against 5.8 days citywide; streetlight outages, 2.0 days on 801 requests, against 2.5 days citywide; abandoned vehicles, 8.2 days on 429 requests, against 11.6 days citywide; rodent complaints, 3.8 days on 69 requests, against 3.1 days citywide. A closed request is the city’s record that it closed the request. It does not confirm the repair.

Every request type and area, with the method: A Chicago 311 Garbage-Cart Request Took a Median 15.9 Days to Close, a Pothole 5.8 and a Traffic-Signal-Out Report 3 Hours: 883,837 Requests Timed by Community Area

Affordable-rental inventory and the L

The city’s affordable-rental inventory lists one development with 116 units in Hegewisch, 47th by units among the 66 community areas on the list. The inventory is the city’s own list of developments its programs support. It was last updated December 30, 2024 and is partial by its own description.

Our count of that inventory is in a piece that also covers the state law barring rent control: New York City’s Rent Board Set 2026-27 Stabilized Increases at Zero. Illinois Law Bars Chicago From Controlling Private Rents.

No L station lies inside Hegewisch’s boundary.

Every station against its own 2019 count: Only Two L Stations Are Busier Than Before the Pandemic. Neither Is Downtown.

How this page is built

Every figure on this page is read from the published output of the analysis linked beside it, as those stood on October 1, 2026. Nothing here is measured separately, and each linked analysis states its own sources, periods and limits. The sale prices and buyer shares come from the county’s sales file as updated September 15, 2026. The county is still adding sales dated 2025, and those figures get another reading in January 2027. This page reports what the records show and takes no position on where anyone ought to live.

Assembled by KCM Desk from the analyses linked above. Published October 1, 2026. Human-guided and edited — about this desk. If you spot an error, corrections come first.

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