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Best neighborhood in which to weather the possible decline in real estate values precipitated, among other things, by the mortgage crisis

by brianhey
September 27, 2007November 11, 2008Filed under:
  • Audience Choice
  • City Life
  • Gold Coast
  • Logan Square
  • South Loop

South Loop

Three little words: location, location, location. When the going gets tough in the investment world, the world takes flight to quality. And in real estate, quality is virtually synonymous with location. The South Loop may suffer disproportionately in the near term due to its enormous supply of new housing units coming onto the market over the next few years, but you can’t take away its location: along the lakefront, at the hub of all mass transit lines and within walking distance of Grant Park, Museum Campus and the Art Institute, shopping and Soldier Field. Those who can buy on price weakness and hold will do quite well.

Audience Choice
Gold Coast; Logan Square (tie)

Best of Chicago 2007

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Related

Tagged:
  • Art Institute
  • Grant Park
  • mortgage crisis
  • Museum Campus
  • real estate
  • Soldier Field

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