Wednesday, January 10, 2018

Read my real estate HOT TAKES for 2018 in Chicago Magazine

Looks nice? It is! I named Belmont-Cragin as a neighborhood to watch in 2018 (All photos Eric Rojas, Broker, kale Realty)
The fine real estate and city culture writer @ajlatrace with Chicago Magazine (formerly editor of Curbed Chicago) asked me about neighborhoods to watch in 2018. READ IT HERE

My sleeper pick is Belmont-Cragin west of Logan Square. Belmont- Cragin is home to tidy blocks, solid brick houses and tons of gut rehabbing activity. In 2015, 362 single family homes sold with a median price of $195,000. In 2017, 329 homes sold with a median price of $240,000.  The quiet neighborhood is serviced by the Grand/ Cicero Metra on Milwaukee West line or Healy Station on Milwaukee North line both to downtown and easy to highways. Residents may also take advantage of cultural events, shopping and dining of downtown Oak Park nearby.

An eastern Portage Park block close to Metra and CTA Blue Line
Portage Park is my lock to get more buzz in 2018.  An eye popping 441 single family homes closed in Portage Park 2017 (compare that with popular Avondale 113 single family homes closed). 

The neighborhood still features diverse single family home options for varying budgets. You may get a tidy well cared for house at the median price of $310,000. However, the neighborhood also offers new construction in traditional, transitional and contemporary styles for those looking for larger homes with budgets in the $600s. 

Portage Park has a robust dining and entertainment scene, good performing schools and excellent Chicago Park District programs. Homes further east in Portage Park are closer to the Metra stops (Mayfair, Grayland and Irving Park) as well as CTA Blue Line (Montrose and Irving stops) and the I90/94 are desirable to commuters.

Contact us to sell and buy homes in Belmont-Cragin, Portage Park and the greater North Side Chicago and suburbs. We offer the most competitive full service broker commission rates and 20 plus years of experience in real estate transactions. Don't get ripped off!

1 comment:

Marti said...

Long-time reader, first-time commenter here: I'd love to hear any insight/opinions you have on the Albany Park real estate market, which is where I own a home. Thanks!