The smart money's on Woodlawn

Why is anyone bothering to buy investment properties or even homes they hope to make some money on, on the North Side these days? Ever since real estate went ka-boom on the North Side, it seems that all the hot prospects for appreciation now lie south of downtown. I’ve mentioned the Near South Side and South Chicago as up-and-coming areas, but how about Woodlawn?

The median condo price in 2005 was $199,000 – up 75 percent since 2000. And you can find vintage single-family homes priced in the $200s to $300s (granted, they need a lot of work).

(Visited 50 times, 1 visits today)