What Are the Current Real Estate Conditions in the West Loop? (Source: wikimedia.commons - used as royalty free image)

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: 

3626 N. Keeler Ave. is luxurious new construction in an unbeatable Old Irving Park location. 

This spacious Old Irving Park home features an estimated 3800 square feet of high-quality new construction with a contemporary flair and boasts 9-foot high ceilings on all levels. The property is a commuter's dream, conveniently located near a CPS Level 1+ school, the Irving Park Blue Line L stop, and the Grayland Metra station. 

Enter the striking front door to the main level, and you'll notice the flowing space, inviting you to enter the large living room, dining room, and high-end kitchen, which comes complete with professional appliances, stone countertops, a large breakfast island, and a custom-built pantry. Upstairs, you'll find three spacious bedrooms, all with custom-built closets. The gorgeous master suite features a soaking tub, separate shower, and a large walk-in closet. The convenient upstairs laundry room offers quartz countertops, stainless steel sink, and European-style cabinetry. The lower level includes a family room with loads of natural light, a wet bar with a wine cooler, two spacious bedrooms, another large bath, and plenty of storage, as well as comforting radiant heat. 

Throughout the home, you'll notice the elegant trim package, which includes the doors, hardware, and railings. The exterior of the property offers a front covered porch, Hardie siding, a large two-car garage, a fully landscaped yard, and a fenced-in backyard complete with a paved patio perfect for entertaining. 

For more information or to schedule your chance to see this stunning new build in person, don't hesitate to get in touch with Jason Finn and Kenneth Arrizola of the Real Group Real Estate team today. 

Photos after the break, and download the floor plans here

What are the Current Market Conditions for Ukrainian Village, Wicker Park, and All of West Town?

West Town refers to the large neighborhood northwest of the Loop, and is more commonly referenced by its sub-neighborhoods, which include Wicker Park, Ukrainian Village, River West, East Village, part of Bucktown, and Noble Square. Lively communities entrenched in diverse histories and languages, the homes in West Town reflect the hippest and most old-fashioned sides of Chicago, all at once.

Wicker Park, named for the beautiful park at its heart, welcomes artists, families, and foodies alike, and is home to trendy bars, galleries, theater spaces, and countless other quirky gems. You can get a cup of coffee from a number of different shops, most of which are independently owned and burst with eclectic charm.

Ukrainian Village is a more mellow choice. Lined with old trees and filled with classic brick architecture, “Uke Village,” as it's sometimes called, is home to lots of small family businesses, many of which have historically employed Ukrainian or Russian as a first language. Ukrainian Village was also named 2016's "Hottest Neighborhood in the Country" by our colleagues over at Redfin.

For more information on the rest of the neighborhoods that comprise West Town, we encourage you to check out some of these handy resources:

Ready to buy or sell a house or condo in one of these charming neighborhoods? Here are the current market statistics for all of West Town:

2019 Chicago Real Estate Market, Real Group Real Estate

Ah, the beginning of a new year! The perfect time to take a look back at where you’ve been – and where you’re going. This is a great time for reflection and speculation, and that goes doubly so when it comes to the real estate market.

Are you planning to buy or sell a home in the Chicago area in the year ahead? If you’re considering making this major move, then it’s important to take stock of the housing market here in Chicagoland.

What do the months ahead potentially hold for home buyers and sellers? What might the real estate market look like in 2019 - and what are the factors that could be driving any changes or trends? Let’s dive in, and take a look at what may be in store for the Chicago area housing market in 2019:

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