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    • What’s our theater saturation point?

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  • Home & Living
    Time Out Chicago / Issue 160 : Mar 20–26, 2008
    Real estate issue

    Location, location, location

    Appreciating at breakneck speed, these four ’hoods boast major housing steals.

    By Christina Couch

    GUESS WHO’S COMING TO DINNER Lots of people, considering all the kitchen and dining space you’ll have at Grove Place.
    Photo: Patrick Sablan

    Bronzeville

    The appeal
    Join a cultural renaissance: The neighborhood is dedicated to re-establishing its position as a cultural hub of Chicago. Buyers here can expect a wealth of music, art and culinary hot spots to grow up around them.

    The inside scoop
    According to Tawnya McVicker, a real-estate agent with the McVicker Group, Bronzeville is one of Chicago’s fastest-growing neighborhoods. “Whereas other neighborhoods are saturated, Bronzeville is a clean canvas because there are so many vacant lots,” she says. “Here you can have a really beautiful house and still have proximity to the city [center].”

    Once the stomping grounds of the African-American elite, including Langston Hughes and Miles Davis, Bronzeville is building toward becoming a cultural mecca again. In the past five years, several new establishments have broken ground in Bronzeville, including the Second City Training Center, swanky restaurant/jazz bar Blu 47 and the Negro League Café, a museum-restaurant hybrid honoring the African-American baseball league.

    What $250K will get you
    Buyers can find a three-bedroom, two-bathroom home at that price. New housing developments are cropping up everywhere, including Lakeview Club, a 240-unit condo project with an adjacent 70-acre park, and the Oakwood Shores project, a 90-acre megadevelopment of nearly 3,000 condos, townhouses and single-family homes.

    HOT PROPERTY

    Grove Place, 37th Street and Cottage Grove Avenue: $179,900–$329,900

    The first stage in the Oakwood Shores project, this 83-unit condo-townhouse development rests footsteps from the lake. Each of these one-, two- or three-bedroom units features track lighting, marble or granite countertops and hardwood floors, as well as access to on-site fitness facilities, storage units, private garage and outdoor terraces. 773-538-0001; thearchesatoakwoodshores.com.

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