Chicago's real estate market is red hot on the South Side

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An analysis of property values reveals new insight about the Chicago real estate market on Chicago's South Side, including South Loop and Bronzeville.

CHICAGO -- An analysis of property values reveals new insight about the real estate market on Chicago's South Side, which is also home to some of the city's largest new development plans.

"It was a lot," Ronan said."It was pretty busy. Our realtors are a great husband and wife team, Mr. and Mrs. Faulkner." "There's new townhomes, new condos, affordable housing, single-family homes," Arnett Faulkner said."Much more affordable then what you would pay on the North Side." There's also the nearly $1 billion Obama Presidential Center, where President Obama has reportedly asked Tiger Woods to take on the Jackson Park-South Shore Golf Project. While it's far from a done deal, Woods came back with a plan that combines the two courses into one championship course designed to bring PGA events."I want the diversity of a neighborhood," Reynolds said.

Source: News Formal (newsformal.com)

 

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I'm sure it is. Because the property is so run down and the areas are crime infested, that they practically giving away homes to anyone who wants to risk their family & businesses safety. Selling the American dream with smoke and mirrors.

With over 5 shootings downtown in just the last week, I wonder why?

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