Gene Bernshtam: Up and Coming Neighborhoods in Chicago To Live In
Real estate developer Gene Bernshtam is keen on developing more modern structures and mixed-use properties in Chicago. His company, Avalon Holdings LLC, is currently expanding in Chicago with a transit-oriented project in the pipeline. Today, he shares his knowledge about the locale, narrowing down some of Chicago’s best up-and-coming neighborhoods.
Chicago’s real estate industry has been on a steady rebound. This trend can be seen with the growth of more neighborhoods characterized by strips of restaurants and commercial establishments nearby like Starbucks. If you’re in the market for an affordable house in Chicago, you can begin your search with the following neighborhoods.
Buena Park – The unanimous favorite among buyers, developers, and real estate agents right now, Buena Park offers residents a quieter and more subdued experience of what upscale living might be like. While the neighborhood is technically part of Uptown, the vibe is different from other urban neighborhoods as it is primarily a residential area. This means few bars and not a lot of establishments to visit. Surprisingly, there is an active community. If you own a dog, there’s a dog park you can frequent. Many residents here walk their dogs at night as well.
Edgewater – What’s not to love about Edgewater? It’s no secret that the neighborhood has been ranked one of the best in the last few years. Imagine walking down tree-lined streets as you make your way to some nice beaches. While the area here is mostly residential, there are dozens of restaurants, stores, and watering holes around. Of course, the preferred mode of transport of locals to get to these places is by foot. Like many neighborhoods in Chicago, parking can be an issue but don’t let this stop you from checking out Edgewater.
Douglas Park – For the younger buying demographic or anyone into the arts, there will be plenty of things to love at Douglas Park. There’s a vibrant craft beer scene, regular music festivals, and lots of big houses. One caveat, however, is the higher crime rate, which makes Douglas Park a rough choice. But if you’re willing to bet on the potential of the neighborhood over the next few years, do include it in your shortlist.
Meanwhile, if you’re looking for apartment units with contemporary themes, contact Avalon Holdings. They have been building fine homes in Chicago that anyone would love coming home to.
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