Tag: Neighborhood news

Chicago Neighborhoods With The Highest Home Price Gains In 2020

Chicago Neighborhoods With The Highest Home Price Gains In 2020
On Tuesday I posted the monthly update of the Case Shiller home price index from S&P Dow Jones CoreLogic which showed a dramatic rise in Chicago area home prices during the last year. Unfortunately, that index only tells us how home prices are doing across the entire metro area when, in reality, home prices could... Read more »

That Cook County Covid Adjusted Property Tax Value Won't Save You Much

That Cook County Covid Adjusted Property Tax Value Won't Save You Much
Maybe a week or so ago I received a notice in the mail from the Cook County Assessor’s office explaining that they had lowered my home’s assessed tax value in light of the Coronavirus pandemic. I got about a 9% reduction. My first question was “Why are they doing this?” because I’ve seen no evidence... Read more »

Hottest Chicago New Construction Neighborhoods 2020 - Condos/ Townhomes

Hottest Chicago New Construction Neighborhoods 2020 - Condos/ Townhomes
As a follow up to my annual review of new single family home construction in Chicago I’m now looking at where the new condos and townhomes are being built in the city. This analysis is based upon condos and townhomes that are either currently listed for sale or have been sold (closed, contingent, or pending)... Read more »
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Hottest Chicago New Construction Neighborhoods 2020 - Single Family Homes

Hottest Chicago New Construction Neighborhoods 2020 - Single Family Homes
My annual review of Chicago’s new construction is one of my favorite posts of the year because it really helps me and others get a read on which neighborhoods are on the move and how fast it’s happening. Want to know where gentrification is happening? Just look for the new single family homes being built... Read more »

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 »
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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 »

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 »

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 »