I few years ago during the bubble years people caled all sorts of neighborhoods 'hip' and tried to gentrify them like....Humboldt/The Gap/West Ridge. Not exactly Hip to me.
If you "google" East Village, Chicago you will find it is part of the West Town neighborhood and the parimeters are August/Milwaukee to Damen & Division to Augusta.
Search here: http://www.explorechicago.org/city/en/neighborhoods/ukrainia
Hopes this helps.