As the third largest city in the United States, Chicago has much to offer as entertainment, employment and housing. With millions of people in the city, there is always a wide variety of holiday homes for sale in the region. Whether you are looking for a condo, condominium, studio, apartments, houses or mansion, is likely to have a house somewhere in the city that can meet your needs. Chicago real estate differs from one place to another, however. With Lake Michigan to the east, the city can be divided into four distinct sections: Central, North, West and South Chicago.
Chicago Central
Chicago Central, which is also known as the loop is at the heart of downtown. Therefore, options for real estate in this part of the city are mostly of studios, apartments and penthouses. They are also very expensive because they are so close to all attractions of downtown. The Chicago River is the border to the west and Lake Michigan, the tie border to the east. After Manhattan, the center of Chicago is the second largest central business district in the United States. It also houses some of the highest skyscraper in the world.
North Chicago
North Chicago is the most popular area to buy a property in Chicago. Despite the housing crisis across the country over the past two years, the number of home sales in North Chicago, have continued to increase. The area is both quiet and beautiful because it is dotted with beaches and public parks and residents have the highest median income in the city. Several districts in the north of Chicago are the Gold Coast, Old Town, Lincoln Park, Lakeview and lake view. If you want to live in the north and is willing to pay the lowest prices for real estate, research houses that are farther away from downtown.
West Chicago
West Chicago is best known for its ethnic diversity. Some of these neighborhoods in the western Chicago include Wicker Park, Lawndale, Austin and Garfield Park. Crime has increased by some districts to the west, while property values are increasing in others. Make sure you do your research if you are looking for a house in West Chicago.
South Chicago
Although the South Side of Chicago has a reputation for crime and poverty, there is the middle class and wealthy neighborhoods of the region as well. South Chicago covers 60 percent of the area of the city and home to some of the biggest parks in Chicago, Jackson and Washington Park. Most of the industry focuses on the city south of Chicago.
No matter where you live, it is easy to get around the city with the public transportation system in Chicago. Therefore, the characteristics of the environment, school systems and housing prices are likely to be the most important factors to consider when you are looking for a home in Chicago.
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