The rapid commercial development and new residential construction in the West Loop is making the neighborhood less affordable for young homebuyers, so it’s neighbor to the north - West Town makes more sense for some Chicago homebuyers. If you are looking for a neighborhood that is centrally located with plenty of schools, hot shops and restaurants within easy walking distance from residential streets, West Town is where it’s at. Chicago Avenue is blossoming into a busy commercial district with hip independent businesses and the recent openings of trendy eateries like Split Rail and Beatnik. On Tour Brewing at 1725 W Hubbard St. is also making BIG waves on the craft beer scene. The Lower West Side and Avondale were also featured amongst other neighborhoods on the hot neighborhood list.
Developer Sterling Bay has recently unveiled plans to build a stadium for a new United Soccer League team as well as a series of entertainment venues in partnership with Live Nation. The entertainment district will be located along the North Branch of the Chicago River and will be part of the proposed Lincoln Yards project that will be taking over the old A. Finkl Steel & Sons steel plant site on the western edge of Lincoln Park and easter edge of Bucktown. Homeowners around the Lincoln Yards site can expect their home values to continually be on the rise with all of the excitement swirling about the new development, and especially with the announcement of the 606 extension to the Chicago River.
On May 24, 2018 the Wicker Park Bucktown Chamber of Commerce invites local business owners and residents to the annual State of the Wards to hear directly from Alderman Moreno (1st Ward), Alderman Hopkins (2nd Ward) and Alderman Waguespack (32nd Ward). The State of the Wards will be at the Goddess and the Grocer (1649 N Damen Ave) and will begin at 8:30AM. One can expect the aldermen to cover building permits, development proposals, residential real estate issues, SSA taxes and the widely covered North Branch Development Plan at the event. Alderman Brian Hopkins has recently launched a new section of his website dedicated to the North Branch Development here. You can RSVP to attend the State of the Wards here.