Purchasing Property in South Shore Chicago

[Kristian Wheatley]

Hi,

I'm a new investor looking to get my first property. Ive lived in South shore before as I'm from the south side of Chicago but not since I've been an adult. In my experience South Shore is block for block meaning some blocks are nice and the next, not so much. Im also aware of the plans to improve the area but im still weary to purchase and live in the area. Im am seeking to buy on the 68th block one block from South shore drive and one block from the golf course. Im planning to live in whatever unit I purchase for a couple of years. Is this a wise decision or will I be buying into a crime-ridden area that won't see any real change for years to come? Id like to buy this property assuming that the value will increase with time. I would really appreciate any options on this topic. 

[Kristian Wheatley]

@Jonathan Klemm Thanks for responding! This has helped to solidify my decision to purchase in the area and to be more confident in my research. I would appreciate as many outside opinions of people in the field as possible. 

I am thinking of starting with a condo since this is my first purchase and eventually moving on to multifamily. Thanks for the reference.