In Lynwood, 19% of the residents are renting compared to 81% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent none of Lynwood’s rentals, 76% are small-scale complexes with under 50 units, and 6% are single-family rentals.
What do typical apartment communities look like in Lynwood, IL?
The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Lynwood are about 43 years old, on average. Of these, 30% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 4 stories. About 66% of the rental communities here are low-rise, garden-style communities, 34% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
What apartment floorplans are common in Lynwood, IL?
Studio apartments in Lynwood are around 7% of rentals, while 1-bedroom floor plans represent 41% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 37% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.
Living in Lynwood, IL
Lynwood, Illinois, located in Cook County, finds itself strategically positioned approximately 30 miles south of downtown Chicago and close to the Indiana state line. This proximity allows residents easy access to the business hubs and entertainment options of Chicago while enjoying a more relaxed suburban environment. Lynwood's local economy benefits from a mix of industries including retail, manufacturing, and services, which provide employment opportunities to its residents.
The village boasts several parks and recreational areas, such as the Lynwood Roller Rink and the expansive 20-acre Lake Lynwood, which offers fishing and boating opportunities. The arts scene in Lynwood includes local galleries and nearby theaters in adjacent towns. Historically, Lynwood has maintained a quaint atmosphere with its well-preserved mid-20th-century architecture and layout. The diverse neighborhoods cater to a variety of lifestyles and cultures, offering a slice of global culture through various dining options ranging from traditional American to Mexican and Italian cuisines.
Educational opportunities are primarily provided through the local school districts which include several elementary schools, a middle school, and nearby high schools offering standard and advanced placement courses.
Renting in Lynwood, IL
In Lynwood, potential renters can find a variety of housing options ranging from single-family homes to multi-family apartment complexes. Architectural styles vary, with a prevalence of ranch-style homes and modern apartment buildings. The neighborhoods are well-connected to local amenities including parks, schools, and small shopping centers.
For example, properties near Lake Lynwood are particularly appealing to those who enjoy outdoor activities, offering residents not only scenic views but also immediate access to recreational facilities. Renting is popular among both young professionals and families, given the area's quiet character and proximity to larger economic centers like Chicago.
Shopping in Lynwood, IL
Lynwood's shopping options include local centers like the Lynwood Shopping Plaza, which hosts a variety of retail stores and services. For a more diverse shopping experience, residents often travel to nearby Lansing or Chicago, where larger malls and specialized shopping districts are located.
The village itself supports several grocery stores such as Food 4 Less and local retail brands that cater to everyday needs. Unique shopping experiences can be found in artisan shops and local markets that occasionally take place in community spaces, offering locally made goods and specialty items.
Transportation in Lynwood, IL
Lynwood offers convenient access to several major highways, including the I-394, which connects residents to Chicago and other parts of the state. Public transportation options include bus services provided by Pace, which connects Lynwood to surrounding suburbs and amenities.
For those commuting to Chicago or Indiana, the nearby train stations in neighboring towns provide a practical solution. The closest airports for regional and international travel are Chicago Midway International Airport and O'Hare International Airport, both accessible by car or public transit, ensuring connectivity for national and international travel.
In summary, Lynwood, IL, serves as a comfortable suburban enclave with convenient links to urban centers, suitable for renters looking for a blend of tranquility and accessibility.
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