Quote:
Originally Posted by bcp
Good points - there are some gentrifying areas (we live in Pilsen) that can have school improvements and safety improvements that progress the way NYC does (fast). But the worst area here are worse and slower than NYC to improve on average income / schools / safety. It's an infrastructure issue - swaths of vacant land, dilapidated main streets, few businesses / jobs, busted sidewalks, and more that make (unfortunately) some of the areas close to transit, near the lake, with parks, and with old housing stock are probably the very slowest to improve. You've got to be a serious urban adventurist to move to 63rd and Vernon:
https://www.google.com/maps/place/S+...!4d-87.6144212 |
Yeah that's for sure. I'm actually interested to see what happens in some areas like Auburn Gresham. Lately there's been a surge in developers buying old homes, usually for pretty cheap and renovating into something pretty decent. These sell anywhere from $225K to $300K. Many of these have gone above their sale price too. Some of these houses are over 2000 sq ft too. Now you don't have to be rich to buy a $250K place but with kids, saving, etc you do. It just seems like low level "gentrification "..I out that in quotes because it's not like a bunch of $600K+ properties being built in Bronzeville or Woodlawn, but this is almost more interesting that seems to not get much press at all. Other areas I've noticed with this are Roseland, South Shore, Chatham, GGC...but there is a bit of a concentration I noticed in Auburb Gresham. Really interested to see what the outcome of this will be.
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