Top Three Hottest Neighborhoods For Chicago Real Estate

August 25th, 2014 by: relatedchicago

chicago real estateIf you are thinking about buying a home in Chicago, you’re not alone. Chicago is full of culture and is the third most populated city in the country. Additionally, Chicago is home to many Fortune 500 companies making it an even more appealing place to live. Whether you’re looking for a Chicago condo or any other type of Chicago real estate, you will definitely want to consider looking at homes in some of the hottest neighborhoods in area.

The Top Three Hottest Neighborhoods For Chicago Real Estate

These locations have great homes and low crime rates and that’s why they made the list of top three hottest neighborhoods in Chicago.

1. EdgewaterThis neighborhood includes Andersonville and Lakewood Balmoral and has a total population of 56,500 with a median household income of $48,300. The median home sale price in this area is $490,000 and $150,000 for a condo. In the Lakewood Balmoral district of this neighborhood you will find 19th-century homes on large lots in many different styles such as Gothic, Flemish and Queen Anne.

2. Edison ParkThis neighborhood has a total population of 11,200 with a median household income of $77,000. The median home sale price in this area is $325,000 and $94,000 for a condo. Edison is a classic Chicago neighborhood that is very family friendly and has plenty of bungalows and Craftsman cottages on well-manicured lots.

3. BeverlyThis neighborhood has a total population of 20,000 with a median household income of $90,200. The median home sale price in this area is $223,000. Beverly is a historically Irish neighborhood with fantastic affordable cottages and split-level homes on large lots.

If you would like more information about buying a home in one of the hottest neighborhoods in Chicago, give us a call today. We look forward to helping you find your new home.

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