Report Lists Best Places to Buy a Home in Chicago Area

In its new April issue, Chicago Magazine took a look at the prices of Chicago-area homes "a decade after the real estate crash."

"We've pored over the data to identify 22 neighborhoods and suburbs where you can still find good buys," reporter Claire Zulkey writes.

Here's what she found:

For first-time buyers in the city, the best neighborhoods are:

  • Norwood Park
  • Rogers Park
  • South Shore

First-time buyers in the suburbs, the best communities are:

  • Des Plaines
  • Melrose Park
  • Niles

Move-up buyers trading up for a 'forever home':

  • Arlington Heights
  • Aurora
  • Bolingbrook
  • Lake Zurich
  • Prospect Heights
  • Skokie

Downsizers in the city? Take a look here:

  • Hyde Park
  • Lake View
  • The Loop

Downsizers in the suburbs:

  • Evanston
  • Glenview
  • Palatine

Risk takers (Looking to flip or take a chance on a neighborhood's future?)

  • Belmont Cragin
  • Chatham
  • Jefferson Park
  • West Ridge
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