Chicago is the third-largest city in the U.S, which explains why so many people move there every year.
The “Windy City” is renowned for its rich cultural heritage and affordable housing prices, making it a fantastic destination to invest in. But with so many places, it can feel overwhelming to know which neighborhoods work best. Perhaps you’re currently in this position and you’re looking for guidance on the topic.
Sounds like you? No worries; we’ve got your back! Here are the five up-and-coming Chicago neighborhoods to watch out for.
5 Up and Coming Chicago Neighborhoods
1. Rogers Park
One of the top places to live in Chicago in Rogers Park. There is a wide range of housing options, whether you’re looking for an apartment or a single-family home. Residents love Rogers Park as it’s only 10 miles from downtown while offering residents access to beaches and parks in the area.
Another popular option is Bucktown, thanks to its affordability. It’s also known for being quieter and intimate, which is great if you want to escape the bustling atmosphere downtown.
2. Lake View
When you move to Chicago, being close to downtown is often a priority for residents. Because of this, many flocks to Lake View where they can find a property overlooking the city’s famous lake. There’s also something for everyone, in terms of entertainment, which means you needn’t leave your neighborhood for a fantastic time.
3. The Loop
The Loop is another great spot to invest in as it’s in the heart of downtown. It’s near the Chicago Riverwalk and you get access to public transport so you can whiz around the city to enjoy the array of attractions. Also, it’s close to Chicago’s commercial center, perfect for career-minded residents.
Searching for the best suburbs? Then, out of all the Chicago suburbs, Pilsen could be for you.
This is located in Chicago’s Lower West Side and is loved by families because of its slower pace. As a result, you can choose from a range of condos and single-family homes, depending on your budget and lifestyle.
5. West Loop
When you imagine Chicago, West loop comes to mind. It’s the most walkable neighborhood as it’s located near the center while being residential. You’ll also notice that West Loop is industrial so new restaurants and apartment buildings are constantly being built, perfect if you’re searching for investment opportunities.
Further, Logan Square is a popular destination, especially if you love being surrounded by greenery. There are many original greystones and bungalows, which are attracting younger professionals. But it’s in the higher price range so it’s important to consider this before starting your search.
Choose These Chicago Neighborhoods Today
Now, after knowing the main up-and-coming Chicago neighborhoods, you can find one that fits your lifestyle.
There are many great options such as Rogers Park and The Loop for a fun environment. Or, if you’re a family looking for a quieter destination, Pilsen and Bucktown are for you. Good luck with your search!
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