Quote:
Originally Posted by galleyfox
Funny you should say that.
I just bought a $230K house by Eckersall Park for my family. No children yet, but my father and grandmother are moving in from South FL. These are the only neighborhoods in the city where you can find nice renovated large single family homes for an affordable price with reasonably safe streets.
The Obama Presidential Library, the large brick houses, and lakeshore and CTA access were the main factors that tipped the scales in favor of taking a gamble on the neighborhood.
|
Very interesting and good to know. What are the factors that led you to that area? I'm really interested in general regarding crimes gentrification, etc of various South side areas. I know crime for example can be block or blocks by blocks. I have a friend who moved from Hyde Park to Chatham for example and it's interesting hearing some things.
Some of the SFH in the whole area though have been remodeled pretty nicely for real. Like not going to win awards buy still pretty nice inside. I appreciate people are doing this, especially not tearing down. Ultimately that keeps things a little more affordable too. AG is set to get a few sizable commercial corridor projects on 79th soon. I think one even scored a permit lately. Will be interesting to watch... I'd love to hear your thoughts.
Also I saw an article about a few groups on the west side making some affordable SFH in areas like North Lawndale. They want to build 1000 of them. There are some income requirements for it, something like no more than $50K combined household income. My guess is it has to be a range between say $35K and $50K. They just broke ground on their first few in the 1600 block of S Avers in North Lawndale on vacant land.