Uptown Real Estate
Uptown is a North Eastern Community of Chicago, Illinois offering a wide variety of attractions and features several major communities including Sheridan Park, Little Vietnam, Margate Park, and Andersonville Terrace. As popular tourist destination, this community has a lot to offer local residents as well. Well-known attractions include the local theatres, ethnic cuisine, parks, and beaches.
Popular destinations include the theaters and Graceland Cemetery, the final resting place of many famous Chicago residents. Parks and beaches abound in Uptown, as Chicago’s Lincoln Park is located nearby. This park and others offer fishing, golfing, and tons of other outdoor activities in both the summer and the winter.
An area with a checkered economic past, it was particularly hard hit by the Great Depression, the area in now one of the most ethnically diverse areas of Chicago. Many of the homes in the area feature stunning views of both the city and the lake. Home owners and investors alike will find a lot to love in the Uptown real estate market.
Uptown Real Estate Market – Buying a Home in Uptown, Chicago
Uptown remains one of the more affordable areas in Chicago to buy property. The Uptown real estate market provides a huge selection of homes including condos and lofts with great views of the lake. While average home price in Chicago sits at nearly 400,000 the average sale price in the Uptown real estate market was just 250,000 as of February 2013. Compared to areas like the West Loop and even Wrigleyville, Uptown is very affordable.
What to Expect When Buying in the Uptown Real Estate Market
This working class ghetto turned tourist and entertainment capital of Chicago has a lot to offer residents looking to buy and investors looking to make a profit. Home prices remain low and tourist traffic has remained high, which may serve investors better than home owners who may prefer a less touristy area.
While crime remains a concern in the area, but the Uptown violent crime rate is lower than most other neighborhoods in Chicago. Over all, whether the Uptown real estate market is for you depends solely on what you are looking for in a property. It offers affordable housing, with beautiful views in an exciting neighborhood with tons to do. Some home buyers may prefer a more trendy area where all the homes are newly renovated. If you are looking to be in the middle of everything, Uptown is the perfect location.
Chicago Uptown Real Estate
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- 0.29 Acres
38 Unit Court Yard Apartment Building For Sale. All One Bedroom Apartments, 12 Units Per Floor, ...
- 7,000 SqFt
Stunning New Construction Restaurant/bar For Sale Or Lease. Located At The Corner Of Clark And W...
Hot Uptown Neighborhood With 1 Story Grocery Store Aprx 8,000 Sq.ft. (4932-4936 N Sheridan), 2 St...
- 13,400 SqFt
**** Great Corner 3 Retail Units**** Development Opportunity**** Great Investment Property*** Ne...
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Chicagoland Realty Services are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.
Listing information last updated on June 28th, 2017 at 3:40pm CDT.