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Neighborhood Housing Statistics
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 Bucktown visit chamber website  |
Those looking for a less expensive alternative to Lincoln Park are attracted to Bucktown, bounded by Fullerton and West Bloomingdale Avenues, the Kennedy Expressway (I-90/94) and Western Avenue. The area, which boomed in the late 1980s, is still hot, with its trendy restaurants, upscale shopping, and bike, jogging, and dog walking paths.
Many of the popular cottages, coach houses, and two-and three-flat buildings have tripled in value in less than a decade. A high percent of Bucktown's most charming old cottages and coach houses were built between 1870 and 1919.
Developers quickly followed the new residents into the neighborhood, rehabbing vintage buildings and building new loft condominiums where vacant lots once stood. At the same time, new restaurants, coffeehouses, theaters, art galleries and bars opened , making Bucktown even more attractive to young professionals.
The 25-year-old "Bucktown Arts Fest," held in August, draws 30,000 art aficionados to the area annually. Gallery Point, an art colony developed in the area, is bounded by Milwaukee, Damen, Wabansia, and North Avenues. More artists live in this area than in any other Midwestern zip code.
Housing. In 2009, single-family homes were selling for an average price of $875,072. Brick two- and three-flats, some in need of renovation, sell for about $350,000 to $1,040,000. Loft condo prices start at $204,900 and luxury loft condos sell for an average of $396,482.
Transportation. CTA buses run on Ashland, Damen, Western and Armitage. The CTA'S O'Hare-congress-Douglas Line rapid transit trains (elevated) stop at Western and Armitage. The drive downtown on the Kennedy Expressway (I-90/94) takes about 10 minutes. |
