In the city, Bridgeport is an up-and-coming neighborhood. After the White Sox beat the Cubs in the World Series this year, there will be another boom in Bridgeport. Buy now, while inventory is still a little high, and you should do quite well in a few years. For the suburbs, Lockport is the next hot location. With the 355 extension now complete, better accessibility will lead to more commercialization, which will lead to higher home prices over the next 5-10 years.
Gobber – GMAC Real ESTATE
Brookfield is the next hot suburban town. It is a well-established community that boasts affordability, low taxes, excellent schools, good city planning and also has future developments in the works. Plus, Brookfield is only a 20-minute commute to the Loop via Metra/BNSF. In Brookfield, we are seeing an increase of buyer activity in homes starting in the low $200,000’s. Also, more of the age 25-35 and degreed demographic are preferring affordability over the high sales and real estate taxes in Chicago.
Prudential Biros Real Estate
Not only do I sell real estate in Evergreen Park, I’ve chosen to live here as well. Being nestled on three borders by Chicago affords residents easy access to the city, and is especially nice for commuters. Also, if knowing your neighbors is important, Evergreen Park is the place to live. Encompassing just four square miles with endless community events all year long, the Village provides many opportunities to get involved. Prices currently range from the low $120,000s to $539,900. Evergreen Park is the best kept secret in the southwestern suburbs.
West Town is a growing, diverse area made up of some of the city’s most amazing neighborhoods, including Wicker Park, Noble Square, River West, Ukrainian Village and East Village. Just a few miles west of downtown, West Town is a commuter’s dream, as it is close to the highway and walking distance to multiple train stations. The neighborhoods offer a mix of single-family homes and condos, and new construction and renovations are happening everywhere. The combination of location and amenities, along with a true Chicago neighborhood feel, make West Town an obvious choice for buyers.