Category: Neighborhood News

Is Everyone Really Abandoning Downtown Chicago?

Is Everyone Really Abandoning Downtown Chicago?
A few days ago Dennis Rodkin wrote a story in Crain’s about how Downtown has huge oversupply of homes for sale. The suggestion from some of the realtors interviewed for the story is that the triple whammy of Covid-19, taxes, and now looting is motivating people to move out of Downtown Chicago. I’ve actually been... Read more »

Chicago's Safest And Most Dangerous Neighborhoods 2020: Assault & Battery

Chicago's Safest And Most Dangerous Neighborhoods 2020: Assault & Battery
Last week I posted a summary of the Chicago neighborhoods with the highest incidence of murder over the last 12 months. However, what people really want to know is which are Chicago’s safest and most dangerous neighborhoods and knowing where the murders are taking place really doesn’t help you answer that question. Although Chicago has... Read more »

Chicago Murder Map And Neighborhood Totals - 2020 Update

Chicago Murder Map And Neighborhood Totals - 2020 Update
You’ve probably heard that Chicago’s murder rate is on the rise. So I decided to check just how bad it is relative to the past. Going back to January 2001 (the earliest data I have access to) it’s clear that May and June of this year are outliers. June had 92 murders, which is getting... Read more »
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11,000 Sq Ft East Lake View Mansion For $2.3 MM With Cave: 448 W Barry

11,000 Sq Ft East Lake View Mansion For $2.3 MM With Cave: 448 W Barry
Maybe the third time will be the charm but the 11,403 square foot American Foursquare mansion at 448 W Barry is back on the market, with yet another price reduction. Sitting on a 72 x 176 lot in a prime location, that seems like an awful lot of house and land for the money. Of... Read more »

Chicago's Hottest Neighborhood Real Estate Markets Of 2019

Chicago's Hottest Neighborhood Real Estate Markets Of 2019
A few times throughout the year I look at the hottest Chicago neighborhoods for various types of real estate – e.g. new condo construction. However, the one statistic that neatly summarizes all aspects of real estate into a single hotness number that is most meaningful to home buyers and sellers is price appreciation. Although I... Read more »

Hottest Chicago New Single Family Home Construction Neighborhoods 2019

Hottest Chicago New Single Family Home Construction Neighborhoods 2019
On Thursday I provided a quick overview of the new construction real estate market in Chicago which showed continued strength in this segment. Since then I stumbled on a Crain’s article where Dennis Rodkin pointed out that Chicago building permits were down significantly from a year ago so we would expect fewer new homes being... Read more »
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Chicago's Safest And Most Dangerous Neighborhoods 2019: Assault & Battery

Chicago's Safest And Most Dangerous Neighborhoods 2019: Assault & Battery
An updated version of this post is available here with data through June 2020: Chicago’s Safest And Most Dangerous Neighborhoods 2020: Assault And Battery Last week I took a look at where people got murdered in Chicago over the last 12 months in an attempt to offer a simple, albeit flawed, way to assess which... Read more »

Chicago's Safest And Most Dangerous Neighborhoods 2019: Murders

Chicago's Safest And Most Dangerous Neighborhoods 2019: Murders
There is an updated version of this post with data through June 2020 here: Chicago Murder Map And Neighborhood Totals – 2020 Update We get these questions all the time from potential Chicago homebuyers: Is this neighborhood safe? What are the safest neighborhoods? And then plenty of people just want to know for the heck... Read more »

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 »
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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 »