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Updated about 6 years ago on . Most recent reply

User Stats

238
Posts
68
Votes
Lucas Hammer
  • Chicago, IL
68
Votes |
238
Posts

Mutli-Family in Little Village, Chicago

Lucas Hammer
  • Chicago, IL
Posted

So I'm waiting on my first deal still, but there's a chance it falls through (condo, short sale, pending bank approval currently), and if it falls through, we're considering a 3-flat (house hacking), possibly on the southwest or west side of the city (following the pink line basically).

From my admittedly little experience of the neighborhoods, are they showing any sign of appreciation or gentrification? I'm currently in Albany Park and prices are skyrocketing so if this deal falls through, there's a real chance that another might not pop up in my neighborhood, at least close enough to the brown line for me to consider.

I've personally always felt comfortable and safe when in LV, but I'm not sure if anyone investing in the area knows if there are any signs of price increases from Pilsen that might be spilling over to the west.

Thanks in advance!

Most Popular Reply

User Stats

9
Posts
13
Votes
Vladimir Massillon
  • Chicago, IL
13
Votes |
9
Posts
Vladimir Massillon
  • Chicago, IL
Replied

I have to say little village is not a place I was familiar with at all. Base on the post on this thread I will make a trip tomorrow and just check out the vibe and feel of the neighborhood. I'm in process of looking for a househack duplex. Just finished pre approval and now looking for property. Thank you all for your input. If any of you in little village are able to meet I'd love to buy you coffee

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