Posts tagged "Neighborhood news"

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 »

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 »

Can This Monster West Town Mansion Sell For $7.78 MM?

Can This Monster West Town Mansion Sell For $7.78 MM?
On Friday this incredible Chicago mansion hit the market with a list price of approximately $7.78 MM. However, by Saturday afternoon it had been taken Temporarily Off The Market but the virtual tour is still out there and I’ve embedded it below. Aside from the fact that the home is absolutely spectacular what makes this... Read more »
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Chicago's Safest And Most Dangerous Neighborhoods: Assault And Battery

Chicago's Safest And Most Dangerous Neighborhoods: Assault And Battery
This is my final post in my 2017 series on Chicago’s safest and most dangerous neighborhoods. The previous two posts focused first on Chicago’s murders and then on the shootings. Each of those represent a fairly narrow definition of “safe” and “dangerous”. In an attempt to broaden the perspective a bit this post looks at... Read more »

Chicago's Safest And Most Dangerous Neighborhoods Based On Shootings

Chicago's Safest And Most Dangerous Neighborhoods Based On Shootings
Last week I posted on Chicago’s safest and most dangerous neighborhoods based on the murder rate. Although that’s a pretty popular way for people to make a determination of a neighborhood’s relative safety it’s actually a pretty narrow definition. A lot of bad things an happen to people without them getting murdered. For instance, they... Read more »

Fighting Gentrification In Chicago Is Like Fighting Gravity

Fighting Gentrification In Chicago Is Like Fighting Gravity
The fight against gentrification in Chicago has really heated up in the last couple of years – or maybe it’s always been a hot topic and I just never paid attention to it before. The two neighborhoods where the debate seems to be the hottest right now is Pilsen and West Bucktown (I actually hate... Read more »
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Chicago Finally Gets Rational About North Branch

Chicago Finally Gets Rational About North Branch
9 years ago I wrote a post about the insanity of a steel company located on expensive Lincoln Park real estate: Why Finkl & Sons Is In Lincoln Park. I guess it took 9 years for the city of Chicago to realize that I was right about the best use of this land and give... Read more »

Lake View New Construction - Why Builders Pay $1 MM For Teardowns

Lake View New Construction - Why Builders Pay $1 MM For Teardowns
A couple of weeks ago I posted on a listing that we sold before it hit the MLS. A builder purchased the building, which sits on a 30 ft wide RT 3.5 lot in Lake View, in one day for a tad over $1 MM with plans to tear it down and likely build a... Read more »

Bronzeville Finally Getting The Real Estate Development It Needs

Bronzeville Finally Getting The Real Estate Development It Needs
For years I found it peculiar that Bronzeville didn’t get more attention from real estate developers given how close it is to downtown Chicago and how relatively affordable it is. I know that during the real estate bubble a lot of people got badly burned in Bronzeville – both developers and buyers – so I... Read more »
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Lake View Real Estate Market Continues To Weaken

Lake View Real Estate Market Continues To Weaken
On Friday I posted my September update on the Chicago real estate market which showed continued drops in inventory despite sales which were weaker than last year. Aside from slightly lower sales the overall market in the city is strong. However, the same is not true for the Lake View Real Estate Market and some... Read more »