Quote:
Originally Posted by pdxtex
^^^so what neighborhoods on the south side and not near the water are fairly well mixed? are there urban hipster pioneer types that are looking in tradtionally crime ridden hoods in search of good deals? i honestly dont know squat about the south side. my mom is from rogers park and pop grew up around south shore before its own days of white flight.
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Pilsen, Little Village, Bridgeport, and McKinnley Park are all blowing up right now. I own real estate all the way over at Kedzie Pink Line and recently had a hipster bidding war erupt over this crappy ass little two bedroom apartment. I ended up leasing to a 24 year old, gay, black, hipster with a purple mohawk (well color changing as he dies it different every month or so) that works at Groupon downtown and makes $45,000 a year. When I bought that building a few years ago I NEVER thought I'd see such good tenants moving in so soon. I thought it would be decades, not a little over two years before I'd have a tenant whose rent shows up in the mail from an online bank on the first of the month every month.
Also, I keep meeting random hipsters who live in realllllly dangerous areas lately. I've met at least three people who recently or currently live in Lawndale. I met a young, white, jewish chick who moved here from NYC and lives in an old mansion in Englewood near Ashland and 63rd. I really think we are reaching a tipping point for much of the city where there is too much demand and not enough supply on the North Side so the gentrifying pioneers are being forced to explore the other two sides of the city.