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Market Conditions in Bucktown : Real Estate Advice

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Sun Nov 23, 2008
Scott Newman answered:
Bucktown/Wicker Park is one of the most solid properties in the country. I just did a day long financial analysis of the entire area I used for a client's curiosity and several articles/blogs I've written about the topic. The area is up about 20% over the last 5 years and actually jumped about 12%- more than half- in the last 18 months. It's a great time to buy in that area. The starving artist, fringe area status is gone. You can walk up and down Division or Damen and buy $300 pairs of jeans and $2,000 day-spa packages- if that's not a sign of the times i don't know what it is. In short, the area is doing tremendous. It's definitely become a destination and is one of the most popular areas right now in the city. ... more
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