Photo credit: Swanksalot via Wikimedia Commons

Why the West Loop?

Running along the western bank of the Chicago River, the West Loop is a vibrant neighborhood on the rise, full of great restaurants and nightlife.

Though not an official MLS neighborhood (we used the zip code 60608 to gather our data), the West Loop is typically considered to be bounded by Grand Avenue on the north, Ashland Avenue on the west, the Eisenhower Expressway on the south, and the Chicago River on the east. It is a part of the Near West Side, which puts it close to Little Italy, Greektown, and the United Center, home of the Bulls and the Blackhawks.

Formerly an industrial manufacturing and warehouse area, the modern West Loop has all of the sophisticated amenities - including art galleries, clubs, theaters, and world class eateries - that make Chicago a destination for buyers. Are you one of them?

Want to know more about the amazing dining, culture, and community available in the West Loop? Here are a few places to start:

Ready to buy or sell in this one-of-a-kind community? Here are the current stats for West Loop's condo and housing markets: 

Photo credit: Bryan Hayes via Flickr

Even among the many eclectic, ever-changing neighborhoods that make up Chicago, Albany Park truly stands out.

For example, where else could a casual stroll walk you past delicious restaurants, serving up everything from world-famous falafel to authentic tacos to absolutely delectable Korean meats and veggies?

Where else could you take in works like those of the Albany Park Theater Project, an incredible year-round theater with a social justice bent, creating art for young people, by young people?

One of 77 officially designated community areas in Chicago, Albany Park is located on the northwest side of the city, bounded roughly by Montrose Avenue to the south and Foster Avenue to the north. We’ve barely scratched the surface about everything that Albany Park has to offer. To explore the neighborhood further, here are a few resources worth checking out:

Interested in buying or selling a house or condo in this hotbed of cuisine, culture, and commerce? Here are the Albany Park market conditions you need to know right now:

4756 North Dover #3EF is a stylish, converted top-floor unit in an Andersonville courtyard building. The property is conveniently located near the Ravenswood Metra, and the Lawrence Red Line L stop.

This 2 bedroom, 2 bathroom corner unit offers a great open floor plan with bamboo flooring throughout the main living space and master bedroom (carpeting in the second bedroom.) The spacious living room features a fireplace, and flows into the separate dining room (or possible den/office area.) The chef-quality eat-in kitchen features 42” maple cabinets, a beautiful tile backsplash, stainless steel appliances, and an impressive island with bar stools. 

Other winning features include a huge walk-in closet and whirlpool tub in the master suite, an in-unit washer-dryer, and an attached deck for entertaining. 

This unit is in a prime spot to enjoy the best of Andersonville offering close proximity to public transit, retail, and many local shops & restaurants.

Among journalists, economists, and even some real estate professionals, there’s a sense of negativity in the air, with some people fearing that the sky is falling in the housing market - both here in Chicago, and around the country. 

Certainly, there are a few warning bells to pay attention to, including an up-and-down stock market, a changing yield curve, and ongoing economic changes worldwide. But are these really red flags that a crash is coming to the Chicago market? At this point, there’s still plenty of room for hope.

There’s reason to be optimistic that the rumors of the market’s death are premature. In our view? Instead of crashing, the housing market is undergoing a shift back into a normal, balanced state, one with significant benefits to offer to both buyers and sellers. 

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