Dense Neighborhoods Expected to Be Hot Spots in Chicago Real Estate

With 23 years experience selling Chicago real estate, it’s no mystery that I’m a strong advocate for city living over the outlying suburbs. And it seems I’m not the only one—downtown areas in large cities like Chicago are growing, especially among the younger, college-educated population, according to a recent article in USA Today.

More and more, people are looking for cities that promote walkability and puts everything they need at their fingertips—art, culture, entertainment, dining and more. Chicago real estate excels at not only having many options within close distance of anything you want to do, but offers a variety as well. Whatever type of food you’re craving, or the grocery store you prefer, or whether you want to take in theater or music—there’s a good chance that your feet are all you’ll need to get there.

Urban Neighborhoods for Chicago Real Estate
Downtown Chicago, Lincoln Park, Lakeview, Ravenswood, Andersonville, The Gold Coast, Old Town, Near North, Streeterville and Bucktown and Wicker Park are dense, convenient areas that I always bring up to my clients who are exploring the different communities Chicago has to offer. Not having to get in your car and drive 15 minutes each time you need to head to the supermarket is quite appealing, and many Chicago condos in these neighborhoods let you walk to the store, Starbucks, even to your favorite restaurant for a night out. As a society that craves instantaneous results in everything we do, minimizing time and hassle for these everyday things is gratifying.

In addition to convenience, I do believe that Chicago real estate in these areas will be quicker to increase in value than in other parts of the city, simply because the density and location cater to many different lifestyles. These are long-standing neighborhoods that will never lose their appeal, close to public transportation, grocery stores, restaurants, bars and theater.

No matter where they’re coming from, I always recommend that clients consider these Chicago neighborhoods on the convenience factor alone. For those still partial to a suburban atmosphere, there are even pockets of these areas that merge residential and urban living. Lincoln Park is a great example—you can find every lifestyle here, from families, to young professionals to empty nesters. Along with that, you can find all types of Chicago homes for sale, from luxury high-rise units to spacious brownstone condos to single-family homes. And no matter what type of home you find, you can bet it comes with the convenience and ease of urban living.

To take a tour through these Chicago neighborhoods and check out the Chicago homes for sale, give me a call at 312-264-5853 or email me at ssalnick@dreamtown.com.

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