Beverly. Its located between 87th - 107th. Its West boundary is Talman, and the East boundary is Prospect. Its a beautiful far southwest neighborhood that is barely in the ciy, but has a great metra train station that I have taken into downtown plenty of times. Once again,its really far and close to a lot of suburbs. It borders Evergreen Park. Its pretty upscale. You can get a nice house for about 300K - 1.25 M. There are a lot of catholic schools and the prestigous morgan park academy, but sutherland and kellogg (the neighborhood schools of beverly) are great as far as children go. Try not to get zoned into Barnard which is in East Beverly.
Race? 67% White and 31% Black as far as the 2000 census goes. There has been a growing hispanic and asian population.
According to bapa.org the Beverly Area Planning Association, aboutt 75% of residents have a bachelors degree, and about 90% have had some sort of college education. The median income is over 80 K.
I dont want to sound racist because i myself am black. But East Beverly (everything east of longwood) is majority african american. Its not dangerous, its just a little iffy because it does border the ghetto. Your safest bet is to stay between longwood and talman.
Morgan Park is nice too and is merged with Beverly a lot. Morgan Park is between 108 - 118th with the East West Borders as Beverly. But with Morgan Park, try not to go East of longwood. once again - its iffy.
All in all, Beverly is great. There are starbucks, condos, and bars along western, but its a family place at the end of the day.
You fit in if you are: White or Black, with a bachelor's degree, an income of 65K - 100K and have a kid. The parks are great btw.... more
I think you'd be wise to get a job first and then look for a home. Don't feel pressured because you think you're missing the "buyer's market,"--there will be plenty of bargains in, say, January, believe me. Also consider that when you apply for a loan, your employment status is pivotal nowadays. Good Luck.... more
Congratulations on your decision to step into home-ownership. The opportunities in this market are endless, as long as you do your homework and have good advice along the way.
You have made a good 1st step by using sites like Trulia to research.
As far as what to ask a Realtor that you are considering working with as your Buyer's agent - here are a few:
What is their experience level- and knowledge of your particular area. What services will they provide to you? Will they provide you references or testimonials from recent clients that you can verify? How will they relay information to you and how often will they communicate with you - make sure they fit your expectations.
You will want to make sure the agent you work with has a personality that blends with yours. You have to be comfortable with them. This will most likely become apparent as you talk.
I'm sure you will get many great answers from the other Real Estate Pros here on Trulia.
All the Best to you!... more
Its never a bad time to buy in Lincoln Park and Lakeview- 1 out of 3 homeowners in this area move every year. Lots of turnover and prices are remaining stable and always will. Its a popular area and small-Think supply and demand National housing does not affect the best parts of chicago.... more
It really depends on how badly you want the place. Some sellers find that even offering 90 percent is insulting but depending on their situation, time frame, and other variables, 90% could be just the right offer. You will only know once the offer is submitted. Even in this market people aren't interested in giving their homes/condos away so it would be wise to prepared for them to counter. If they don't, then you are already 10% ahead of the game!... more