As you must know, values everywhere have dropped somewhat so you are better off buying in the next year vs having bought in the last 2 years. I can send you recent sales from this area so you can get an idea as to what values are. It is not 'prime' Bucktown, but you would pay more for that. It is not within walking distance from the EL which in Chicago, has a lot of appeal to many people, but everyone has somewhat different priorities.
Chicago is extremely 'neighborhood oriented'. The values of one neighborhood can vary significantly from another neighborhood. You can cross a street.....like Western....and be in a rather different range of values. Since you are new to the city, you probably should not be in a rush to buy. Take some time to get familiar with things and you clearly should plan to keep whatever you buy for at least 5 years based on the current market.

philip

If you make a wise purchse and stay put for a few years you can't go wrong with the location!