Woodlawn - good area?

[Ryan Fox]

Considering investing in multi-family in the Woodlawn area of Chicago.  Anyone have good experiences / bad experiences in this area?  There is information online about the new Obama presidential library that will be placed nearby and the closeness of the area to Univ. of Chicago.  Are these really legitimate reasons to expect appreciation?  The population has fallen drastically since the the 60's when there were 80,000 residents in the area.    

[Lee Lockhart]

Woodlawn is average to good to great. Some parts are better than others. Values are going up in all areas, and will continue. There are major developments in the works.