Category: Neighborhood News

What Exactly Is The Problem With The Lincoln Yards TIF?

What Exactly Is The Problem With The Lincoln Yards TIF?
It’s been more than 11 years since I first posted about the absurdity of a steel plant located in Lincoln Park: Why Finkl & Sons Is In Lincoln Park. So I was pretty happy when word first got out that Sterling Bay was going to put something more logical on that prime real estate. Of... Read more »

The Strange Patterns In University Village Condo And Townhome Prices

The Strange Patterns In University Village Condo And Townhome Prices
It’s been a couple of years since I have reviewed University Village* condo and townhome prices. Over the last year or so I’ve been monitoring the sales flow there and I’ve been intrigued by how much of the available inventory has been overpriced and consequently has languished on the market. Occasionally I’ll see a transaction... Read more »

2018's Guide To The Chicago Area's Hottest Neighborhoods

2018's Guide To The Chicago Area's Hottest Neighborhoods
It’s been a little more than a year since I last looked at which Chicago area neighborhoods are the hottest – based upon home price appreciation. I get that data from the Depaul Institute For Housing Studies and they came out with their 2Q 2018 home price indices for 33 submarkets within Cook County back... Read more »
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Chicago's Safest And Most Dangerous Neighborhoods 2018: Assault & Battery

Chicago's Safest And Most Dangerous Neighborhoods 2018: Assault & Battery
Last week I attempted to provide some updated data that people could use to evaluate which are Chicago’s safest and most dangerous neighborhoods. That first pass was based upon murders, which is what people really obsess about since getting murdered is usually pretty severe and irreversible. The only thing is that you are far more... Read more »

A 56% Price Cut And They Still Can't Sell This Lake View House

A 56% Price Cut And They Still Can't Sell This Lake View House
It’s been almost 5 years since I wrote about a beautiful 6000 square foot home for sale at 1457 W Addison on a 41 x 134 lot in Lake View with 4 bedrooms and 5 bathrooms. It first hit the market on October 21, 2013 with a list price of $4,999,999 and a major open... Read more »

Chicago's Safest And Most Dangerous Neighborhoods 2018: Murders

Chicago's Safest And Most Dangerous Neighborhoods 2018: Murders
Every July, at the peak of Chicago’s crime season, I update my statistical summary of Chicago’s murders and other physically threatening crime. It’s my response to a common question in real estate that we can’t easily answer: which are Chicago’s safest and most dangerous neighborhoods? We can’t easily answer the question because 1) safe and... Read more »
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Chicago's Shifting Population

Chicago's Shifting Population
You’ve probably heard about how Chicago has been losing population over the past few years. It’s not a huge amount. Just a few thousand per year. But clearly Chicago’s population is moving in a different direction than the rest of the country, with people leaving for greener pastures. Of course, that’s what people should do... Read more »

The Ultimate Guide To The Chicago Area's Hottest Neighborhoods

The Ultimate Guide To The Chicago Area's Hottest Neighborhoods
There are probably as many ways to define a hot Chicago neighborhood as there are real estate metrics but it seems to me that the most important one is home prices. That’s why I think you’ll find the Depaul Institute For Housing Studies’ 2Q 2017 release of their home price analysis for Chicago and suburban... Read more »

Real Estate Bargains In Chicago's Ukrainian And East Village Still Exist

Real Estate Bargains In Chicago's Ukrainian And East Village Still Exist
On numerous occasions I’ve written about the smoking hot real estate market in Chicago’s Ukrainian and East Village. That blog post I just linked to was written just a year and a half ago and already the average sales prices shown in that first graph have moved up from around $850,000 to right around $1... Read more »
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Single Family Home Inventory Plummets On Chicago's North Side

Single Family Home Inventory Plummets On Chicago's North Side
A little over a year ago I wrote about the remarkable rise of single family home inventory in the higher income neighborhoods on Chicago’s north side. Remarkable because all the rest of Chicago’s home inventory was simultaneously hitting incredible new lows, causing a housing shortage for buyers. But just as mysteriously and suddenly the supply... Read more »