Real Estate Site Pinpoints Pilsen as Next Hot Neighborhood

Pilsen targeted for its affordability and commercial revitalization

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    NEWSLETTERS

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    The Loop is only a few short minutes from the Pilsen neighborhood.

    Some signs are pointing to Pilsen as the next great place to live in Chicago.

    National real estate brokerage web site Redfin.com, targeted the lower West Side neighborhood as a local neighborhood that is just "starting to heat up."

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    The designation is based on user activity on the site.

    Affordability was the defining factor of all the neighborhoods that made the list. The median list price for home in Pilsen is listed at $214,000.

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    Redfin real estate agent Ali Donoghue had this to say about the neighborhood:

    "Pilsen has experienced a lot of commercial revitalization. Thalia Hall, which dates from the 1890s, was restored in 2013 as multi-use space that includes a restaurant, bar and concert venue. The 2nd Fridays Gallery Night along the Chicago Arts District is always popular, as is the Sunday farmers market. Add in easy access to the Pink line, the Metra, the Stevenson and the Dan Ryan and you have a still-affordable neighborhood with great transit options, in close proximity to the loop.”

    And they didn't even mention the great Mexican food.

    Redfin also predicted Humboldt Park would be one the 10th hottest neighborhood in the country in 2014, and according to their researchers, the Northwest Side neighborhood continues to be "red hot."