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About Chicago's Humbolt Park

Humboldt Park: A Favorite Area for Armchair Investors

10-13-11
Bill Bein
Bill Bein: Real Estate Agent in Chicago, IL

"Arm-Chair" Investors are those who do NOT want to live in the property they buy (a more precise term for this would be "NON-owner occupied"). The question we ask here is: Where have ‘arm-chair' investors like that been concentrating their investments?

Our work with arm-chair investors has led us to believe that SEVEN Chicago neighborhoods are particularly popular for those buying non-owner occupied, cash-flow property. For instance, Bill Bein, Chicagoland2to4Flats.info's founder, owns property in Grand Crossing (a south side neighborhood)-and he has now helped many different buyers buy in all of these areas.

  • The west side neighborhoods are: Humboldt Park (census tract 23), East Garfield Park (census tracts 27), West Garfield Park (census tracts 26) and North Lawndale (census tract 29)
  • The south side neighborhoods are: Woodlawn (census tract 42), South Shore (census tract 43) and Greater Grand Crossing (census tract 69).

We will look at each of them. The first is:

The southern end of Humboldt Park (census tract 23) is written up on the city's official site at http://www.chicagoneighborhoods.cc/neighborhoods/garfield.html

The Encyclopedia of Chicago, compiled by the Chicago Historical Society, has an article on it:

"Chicago's Humboldt Park community, on the city's Northwest Side, centers on the 207-acre park named for the naturalist Alexander von Humboldt in 1869. ..."
See more at
http://www.encyclopedia.chicagohistory.org/pages/617.html

Learn more about homes in this neighborhood and others at the home page of http://www.chicagoland2to4flats.info/!!!

Humboldt Park Restored Prairie River:

Humboldt Park restored prairie river

Humbodlt Park map:Humbolt Park map

A Favorite Area for Armchair Investors: Humboldt Park

12-14-10
Bill Bein
Bill Bein: Real Estate Agent in Chicago, IL

"Arm-Chair" Investors are those who do NOT want to live in the property they buy (a more precise term for this would be "NON-owner occupied"). The question we ask here is: Where have ‘arm-chair' investors like that been concentrating their investments?

Our work with arm-chair investors has led us to believe that SEVEN Chicago neighborhoods are particularly popular for those buying non-owner occupied, cash-flow property. For instance, Bill Bein, Chicagoland2to4Flats.info's founder, owns property in Grand Crossing (a south side neighborhood)-and he has now helped many different buyers buy in all of these areas.

  • The west side neighborhoods are: Humboldt Park (census tract 23), East Garfield Park (census tracts 27), West Garfield Park (census tracts 26) and North Lawndale (census tract 29)
  • The south side neighborhoods are: Woodlawn (census tract 42), South Shore (census tract 43) and Greater Grand Crossing (census tract 69).

We will look at each of them. The first is:

The southern end of Humboldt Park (census tract 23) is written up on the city's official site at http://www.chicagoneighborhoods.cc/neighborhoods/garfield.html

The Encyclopedia of Chicago, compiled by the Chicago Historical Society, has an article on it:

"Chicago's Humboldt Park community, on the city's Northwest Side, centers on the 207-acre park named for the naturalist Alexander von Humboldt in 1869. ..."
See more at http://www.encyclopedia.chicagohistory.org/pages/617.html

Learn more about homes in this neighborhood and others at the home page of http://www.chicagoland2to4flats.info/!!!

Humboldt Park Restored Prairie River:
Humboldt Park Restored Prairie River

Humbolt Park map:
Humbolt Park map

MAJOR PRICE REDUCTION! Gut rehabbed condo ready brick 2 flat in East Humbolt Park NOW ONLY $240,000! 1340 N Rockwell Chicago IL 60622

12-07-10
Nick Libert
Nick Libert: Real Estate Agent in Chicago, IL
1340 N Rockwell St Chicago, IL
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Brick 2 flat in Humboldt! COMPLETE REHAB ALMOST COMPLETE separate utilities & gas meters, w/ forced air on each floor, separate new water heaters, separate electric, newer rubber roof, newer bathrooms, new kitchens, refinished hard wood floors, laundry room. 1st floor is a 2 bedroom, with a living room and dining room, kitchen and office. The 2nd floor is a 3 bedroom, with LR/DR, and Bonus room! Condo quality! This is a complete rehab...buy and rent out and hold! Cash flow positive! All work has been done and this is a turn key property. Owner is close to renting out units already!
MLS# 07445776
$240,000
6 Bed, 2 Bath
1340 N Rockwell St
Chicago IL, 60622

EXIT STRATEGY REALTY

Nick Libert / Ryan Lee Team
Nick Libert / Ryan Lee Team
EXIT STRATEGY REALTY
773-980-9339

SHORT SALE APPROVED AT 376K! East Humbolt Park greystone 3 unit with 3 bedrooms in each unit--QUICK CLOSE! 1533 N Fairfield Chicago IL 60622

12-01-10
Nick Libert
Nick Libert: Real Estate Agent in Chicago, IL
1533 N Fairfield Chicago, IL
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SHORT SALE APPROVED AT 376K!!! Updated GREYSTONE BUILDING! Great Humboldt Park Location! Well maintained THREE Unit Building with LARGE 6 room, 3 bedroom UNITS , New Separate heat in each unit and New Electrical service . Full unfinished basement with 2- entrances. 2- car garage. Long Term Good tenants and good income.
MLS# 07663581
$376,000
6 Bed, 3 Bath
1533 N Fairfield
Chicago IL, 60622

EXIT STRATEGY REALTY

Nick Libert / Ryan Lee Team
Nick Libert / Ryan Lee Team
EXIT STRATEGY REALTY
773-980-9339

PRICE REDUCED 2 flat in West Humbolt Park foreclosure DEAL now only $43,900! 4400 W Iowa Chicago IL 60651

12-09-09
Nick Libert
Nick Libert: Real Estate Agent in Chicago, IL
4400 W Iowa St Chicago, IL
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Much potential here! Bank owned 2 flat in Humboldt Park! Both units move in condition, some updating needed! Second Floor unit has hardwood throughout! Both kitchens haveh some appliances; Instant Equity!
MLS# 07356485
$43,900
6 Bed, 2 Bath
4400 W Iowa St
Chicago IL, 60651

EXIT STRATEGY REALTY

Nick Libert/ Ryan Lee Team
Nick Libert/ Ryan Lee Team
EXIT STRATEGY REALTY
773-980-9339
nick@nicklibert.com