Urban Real Estate

Big Price Increases in These Chicago Neighborhoods

Big Price Increases in These Chicago Neighborhoods

While most homes in Chicago have not recovered their pre-recession value, several neighborhoods have achieved that and more.

In West Town, Logan Square, Lincoln Square, Uptown and Lakeview, prices have risen to levels not seen at any other time in nearly two decades, according to a study from DePaul University. 

The big driver of these increase, according to the researches, is gentrification. Logan Square/Avondale have seen price growth of 13 percent since 2000 while nearby Humboldt Park has seen 20 percent increases since 2015. 

Read more and check out a nifty chart at Chicago Agent Magazine here.