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About Chicago's Woodlawn

A Favorite Area for Armchair Investors: Woodlawn

05-09-11
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 in previous and future posts. In this post we look at the fifth one: the northern end of Woodlawn (census tract 42).

A great nearby cultural plus is the very large Jackson Park and the Museum of Science and Industry.

the back of Museum Science & Industry

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

"... Woodlawn Park's first residents were Dutch farmers who arrived in the 1850s. The population hovered between 500 and 1,000 until 1890. ..."
See more at
http://www.encyclopedia.chicagohistory.org/pages/1378.html

Jackson Park 63rd St beach Woodlawn map

A Favorite Area for Armchair Investors: Woodlawn

11-14-09
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 in previous and future posts. In this post we look at the fifth one: the northern end of Woodlawn (census tract 42).

A great nearby cultural plus is the very large Jackson Park, the Museum of Science and Industry and the University of Chicago.

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

"... Woodlawn Park's first residents were Dutch farmers who arrived in the 1850s. The population hovered between 500 and 1,000 until 1890. ..."
See more at
http://www.encyclopedia.chicagohistory.org/pages/1378.html

And, remember, at http://www.chicagoland2to4flats.info/, you can see all the ways we are prepared to support you in the purchase of your investment property.

Jackson Park 63rd St beach
Jackson Park - 63rd Street Beach

Museum of Science & Industry, from Jackson Park
Museum of Science & Industry, from Jackson Park

U of Chicago Quads
U of Chicago Quads

Woodlawn map
Woodlawn map