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Updated about 8 years ago on . Most recent reply

User Stats

23
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7
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Nicole Duran
  • Real Estate Broker
  • Chicago, IL
7
Votes |
23
Posts

New to BP and live in Logan Square

Nicole Duran
  • Real Estate Broker
  • Chicago, IL
Posted
Hello BP members. I just joined and this is my first post. I've been a broker for 7 years on the Northside of Chicago and absolutely love every aspect of real estate. I live, work, play and am an expert in Logan Square and surrounding areas. I have 1 investment property and work with a lot of investors and now I want to start aggressively investing myself and learning more about creative financing and tax strategies to benefit me and my clients. I'm excited to network and learn more about the business that I'm so passionate about.

Most Popular Reply

User Stats

515
Posts
247
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Jeff Burdick
  • Investor
  • Chicago, IL
247
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515
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Jeff Burdick
  • Investor
  • Chicago, IL
Replied
Originally posted by @Account Closed:

Thanks Mark Nolan, the Podcast are basically all I have been doing so far on site. I've been trying to listen to one a day and I love them. Do you have a favorite podcast? This is first time I am in the forum and I am trying to find other good resources on site.

John Casmon, there is absolutely more room for growth in Logan Square and Avondale and a lot of investors are moving/imvestkng even more north along blue line. The big jump in value happened about 2 years ago when the 606 broke ground but there are still SFH and Multi units that need rehab. And most importantly, there are more projects getting approved and and more opportunity to build. I feel that there will always be a room for growth until the CPS schools are top rated. The schools are always a good indication that the neighborhood is now at top value because they take a little bit to catch up with the neighborhood. The trick is being creative on how you find the investments. Hermosa- I've been seeing grown from last year to this year. It's really block by block but I think if I invested in that area it would be by a metes. Transportation is important to most in city and good for resale and tenants. Let me know if you want me to keep an eye out for you. Feel free to contact me.

Trexie Eusebio-thanks for the tip. I'll start connecting with people.  

 I agree with your assessment that it takes a while for the schools to catch up.  

I teach at a Logan Square school right on the 606.  Our enrollment has dropped by 30% over the last 5 years or so, despite our rating improving over that same time span.  The main reason we're losing enrollment is that the Latino families that used to live in the apartments surrounding the school are increasingly being rented out by hipsters without kids.  

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