East Garfield Park, Chicago

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East Garfield Park (Chicago, Illinois)

Community Area 27 - East Garfield Park Location within the city of Chicago
Latitude Longitude	41°52.8′N, 87°42′W
Neighborhoods	East Garfield Park Fifth City
ZIP Code	parts of 60612 and 60624
Area	5.02 km² (1.94 mi²)
Population (2000) Density	20,881 (down 13.10% from 1990) 4,155.8 /km²
Demographics	White Black Hispanic Asian Other	1.13% 97.2% 0.99% 0.12% 0.57%
Median income
Source: U.S. Census, Record Information Services

East Garfield Park is a community area located on the west side of Chicago, Illinois, USA. It is part of the Chicago West Side area. Located directly in the path of gentrification heading westward from the loop, East Garfield Park has been named one of America's most "up and coming neighborhoods" in the March 6, 2007 issue of Business Week.^[1]

Since the housing downturn, however, the gentrification of East Garfield Park has largely stalled, leading to the complete erasure of housing price appreciation gained by the speculators only a year before. The area has also been hit particularly hard by foreclosures. [1] This has led to many upscale condominiums remaining on the market for many months without prospective buyers, leaving owners no choice but to take a loss and convert them into apartments. [2] Gang-related crime remains rampant in the area, and is seen as being on the increase per the latest statistics compiled by the Chicago Police.

[edit] Footnotes

[edit] External links

Official City of Chicago East Garfield Park Community Map

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