Uptown is a neighborhood in the beginning of an upswing again. Hard times are beginning to fade, and with recent changes at the Aldermanic level and philanthropic involvement with institutions like the Latin School of Chicago, the neighborhood is poised for growth.
For those with exit strategies in the 7-10 year range, this area could pay off in property appreciation. The neighborhood has a lot going for it: it's right on Lake Michigan, has several Red Line stops, and easy Lake Shore Drive access.
There are a lot of multi-unit buildings in Uptown, and along Lake Shore Drive, there are some grand old co-op and condo buildings that have some luxurious "pre-war" appointments. Developers have also been creating new luxury condominiums in the area as well, and this area is poised for huge growth in the future. The addition of the Mariano's / LA Fitness and Ravenswood Metra stop at Lawrence and Ravenswood will also prove to be HUGE for the area.
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