Is Bucktown Still Hot? Up To $100K Price Reductions on Phase II at Wabansia Row

The developer has just cut prices up to $100,000 at Phase II of the townhouses at Wabansia Row at 2330-2334 W. Wabansia in Bucktown.

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The prices now range from the following:

  • $699,900 for a 3-bedroom townhouse with 3,096 square feet  up to $949,000 for a 4-bedroom townhouse with 4,655 square feet

The press release announcing the price cuts extolled the price increases in the last year in the Bucktown neighborhood.

Few Chicago neighborhoods have weathered the housing downturn like Bucktown, which has seen its popularity continue to rise among upscale city homebuyers. The latest data from BrokerMetrics® and Midwest Real Estate Data, LLC shows Bucktown’s median sales price has climbed steadily for four straight months and is up 1.5 percent from May 2009 to May 2010.

“Bucktown is as hot as it’s ever been. It’s got a great vibe that you just don’t find anywhere else in the city. The combination of upscale living along with the boutiques, restaurants, bars and arts scene is very unique. And Wabansia itself is a great street. Within the past few years, the city has built a new public library and a new park on the street,” said Tony Madonia.

 (Tony Madonia is the @properties exclusive sales agent on the development.)

Is Bucktown pricing holding up better than some of the lakefront north side neighborhoods?

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@Properties is handling sales.

Townhouses in Bucktown Reduced up to $100,000 at Wabansia Row [Press Release, June 22, 2010]

Wabansia Row Phase II [website]

78 Responses to “Is Bucktown Still Hot? Up To $100K Price Reductions on Phase II at Wabansia Row”

  1. We tried in vain to buy one of these units before the price reduction. In March, numerous phonecalls and emails went unanswered by both Tony and his wife LIsa. When they finally got back to us weeks later, we saw a unit, thought it was really promising, and were told they would get us the spec sheets and additional details on what choices we could still make in the not-yet-finished units. Not forthcoming. Again throughout April, numerous calls and emails, from both my partner and myself. No response. It’s hard to tell whether this poor representation by the agents is a cause or effect of the project’s trouble. We purchased a different SFH in the same neighborhood.

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  2. “Bucktown is as hot as it’s ever been. It’s got a great vibe that you just don’t find anywhere else in the city. The combination of upscale living along with the boutiques, restaurants, bars and arts scene is very unique. And Wabansia itself is a great street. Within the past few years, the city has built a new public library and a new park on the street,”

    You could have written exactly the same words, just change the locations, for about a half dozen trendy nabes in two cities that I’ve watched go through the cycle of slum to rehab to “interesting” to trendy to really cool, over the past few decades. I remember when Bucktown and Wicker Park were blighted slums and the people who make such places into trendy, interesting places- the artists and hipsters- were just starting to move in. At that time, Lincoln Park and Lakeview, which were still a little rough around the edges, were the “hot” areas. First come youngsters starting out and artists and musicians attracted to interesting architecture and cheap prices. They make the area more attractive to interesting retail. Then things start to hot up, as the hippoisie comes looking for another cute, interesting, “edgy” neighborhood. Then prices start to rise steeply, and the developers come, and more affluent buyers, and at the peek of Kewlness you start getting really glossy, expensive development like this and the area starts getting older, affluent professionals with families, at which time the nabe becomes another well-established and somewhat stodgy middle class area with fewer really “hot” bars, restaurants, and boutiques, because people with families have different spending priorities than young people with their first good paychecks. Then the cycle begins in another neigbhorhoood.

    So this area won’t stay “hot” forever, but will probably remain a very good area and attract affluent middle class families.

    Having said that, this really is a beautiful development.

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  3. Oh boy. Once again, a developer crams as many homes as possible on to the smallest possible parcel of land, adds a few luxury upgrades and then prices them in the stratosphere. I’m surprised they waited so long to reduce prices on phase II.

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  4. Any thoughts on the next “hot” areas to pop up in Chicago? It seems like Logan, Uptown and Pilsen have been on that list forever.

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  5. Heart of Chicago, Avondale

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  6. “Any thoughts on the next “hot” areas to pop up in Chicago? It seems like Logan, Uptown and Pilsen have been on that list forever.”

    East Humboldt Park. Lots of artists/musicians living there already.

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  7. East Village Guy on June 23rd, 2010 at 7:46 am

    I’ve felt for a while that the area around Grand and Milwaukee had some good potential, with its proximity to the loop. Not sure if there’s enough retail space in the area, and I’m anything but an expert.

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  8. I live next door to these townhomes and think that they are way overpriced. Wabansia Row II got shut down so many times by the city, assuming lack of funding, that i would worry how the construction will hold up because of all the neglect over the winters.

    My boyfriend and I did do a walk through in one of the open houses and they are very nice, I am not doubting that. But the neighborhood is in question, and the fact that there were 10 shootings in the neighborhood last weekend. So asking someone to pay $1 million dollars to live right there is insane.

    If this was more east I could see the prices being comparable to other homes, but it’s on the corner of western! With the economy going the way it is the crime is coming straight east from Humboldt park. I think these places are going to take a long time to sell, especially when you can buy something in LP that assures more safety for the sane, i mean same price.

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  9. “Sabrina on June 23rd, 2010 at 7:21 am

    East Humboldt Park. Lots of artists/musicians living there already.”

    *CROSSES FINGERS* 😉

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  10. River North, baby! 😉

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  11. “chicagoer on June 23rd, 2010 at 7:48 am
    But the neighborhood is in question, and the fact that there were 10 shootings in the neighborhood last weekend. ”

    There were 10 shootings in Bucktown last weekend? Link?

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  12. Sabrina: Did you hang around Humboldt this past weekend? During the festival?

    I was disappointed in humanity that weekend.
    There was constant police presence. I know its not like that every weekend, but last Sunday it was ghetto.

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  13. I got jumped Sunday night by three “disadvantaged youths” in front of my Lincoln Park condo on Sheffield just north of North Avebue. At 10pm! After a struggle I escaped okay but it could have been very bad. This city has problems.

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  14. This is a very nice condo lined street. In fact, I think this street is all large developments. Didn’t the cops find a dead body in this development last year or the year before?

    All the fancy hipsters I know live in Uptown. I’ve watched them move from Wicker in the mid 90’s to Logan in the late 90’s to RV in the early 2000’s to Pilsen in the mid 2000’s and to Uptown now. They finally bought in Uptown.

    They seem to know what they are doing.

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  15. USA USA USA

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  16. hipsters know what they are doing?

    hd beat me to it…to many units crammed in here. you get one big asshat neighbor and the whole community vibe turns asshat.

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  17. Walking distance to Boriquen for the jibarito/jibaro sandwich. one of the greatest things to eat twice a year!!!!!!!

    we almost went to the festival this weekend wife would not go with our son. (smart woman) we just stayed at the Randolph one saturday.

    it seems like these units are “packed” in tight. It looks like a nice looking development and extremely large sq ft per unit.

    but the sq ft is calculating the garage and outdoor space. which at this size of sq ft do they really need to “fib” that?

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  18. “Chicagobull on June 23rd, 2010 at 8:08 am
    This is a very nice condo lined street. In fact, I think this street is all large developments. Didn’t the cops find a dead body in this development last year or the year before?

    All the fancy hipsters I know live in Uptown. I’ve watched them move from Wicker in the mid 90’s to Logan in the late 90’s to RV in the early 2000’s to Pilsen in the mid 2000’s and to Uptown now. They finally bought in Uptown.

    They seem to know what they are doing.”

    Yeah, they know what they’re doing alright. They finally found a place that has no chance of gentrification and is gauranteed to remain a festering dump for decades to come.

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  19. “CH on June 23rd, 2010 at 8:17 am

    hd beat me to it…to many units crammed in here. you get one big asshat neighbor and the whole community vibe turns asshat.”

    With starting prices that high and financing tough to come by, the asshat neighbor factor is lessened substantially. And townhouses are still waaaaaaaaaaaaaaay better than condos when it comes to neighbor proximity/exposure.

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  20. In most cases I’d agree with you but the way these are laid out around that tiny front courtyard increases the exposure. In a condo you have 4 potential proplems typically. this looks like maybe double that.

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  21. If I were considering a place in Bucktown, and I am (among other things), (a) inferior location and (b) townhouse feel just kills it for me. There are a lot of SFHs in the $700-900K range in the area. Some examples of past sales below. For me, the townhouse thing is a non-starter when a viable SFH exists (albeit maybe with some tradeoff in finishes).

    2112 W DICKENS Ave, $925K
    2235 W McLean Ave, $807K
    2134 W CHARLESTON St, $940K
    2146 W HOMER St, $887.5K
    1903 N Leavitt St, $750K
    2115 W MCLEAN Ave, $875K
    2020 W Churchill, $737.5K

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  22. “Yeah, they know what they’re doing alright. They finally found a place that has no chance of gentrification and is gauranteed to remain a festering dump for decades to come.”

    Yeah try as people might, Uptown (at least the more Eastern parts of it) still sucks and probably will for a long time

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  23. I agree DZ
    btw, that place I think we talked about on the 20xx block of Oakley has a sold sign on it. Finally and after many price changes – will be interesting to see what it sold for.

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  24. “Yeah, they know what they’re doing alright. They finally found a place that has no chance of gentrification and is gauranteed to remain a festering dump for decades to come.”

    LMAO! So true

    “I got jumped Sunday night by three “disadvantaged youths” in front of my Lincoln Park condo”

    Thats why I own two pit bull mixes… “disadvanted youths” are scared shitless of them, its pretty amusing

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  25. This seems like a contridiction to me. If Bucktown is “as hot as it’s ever been”, the developer of Wabansia Row really shouldn’t have to reduce prices by $100K on the “largest and most luxurious townhoms in Bucktown” that are “bigger and nicer than most SFS in the neighborhood”.

    Right?

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  26. “that place I think we talked about on the 20xx block of Oakley has a sold sign on it. Finally and after many price changes – will be interesting to see what it sold for.”

    Interesting, doesn’t show a change in status on Redfin. So my guess would be they got at least the 2006 price or so. I would have thought it would have gone down lower. That’s along the lines of what I meant in my comment recently about prices surprising me a bit.

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  27. “If Bucktown is “as hot as it’s ever been”, the developer of Wabansia Row really shouldn’t have to reduce prices…”
    This is one true statement! I have seen it happen so many times here in NYC and in every case, after a few years it turns out the hot area in question didn’t turn out so hot afterall…if anything, they would go ghetto to the point that no serious RE investor would care to have any part of.
    I imagine this to be the case here.
    The first comment on this thread tells the real truth of the mindset of the developers. Had they really been on the ball and corresponded as they should have, there would now be no reason for such drastic price chops.
    Not to worry Anna, I think it was a blessing in disguise and you will realize that a year down the road.

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  28. “I have seen it happen so many times here in NYC and in every case, after a few years it turns out the hot area in question didn’t turn out so hot afterall…if anything, they would go ghetto to the point that no serious RE investor would care to have any part of.”

    Just curious. What are some of these NYC examples? Thanks.

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  29. It’s kind of insulting, actually. I mean, developers must think the general home buyer is stupid to fall for marketing ploys like this.

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  30. Does anyone think Bucktown is becoming relatively less popular as a location (separate from the general decline in the housing market)?

    All I can think about when I look at the deck is those walls are way too low. Little DZ can already climb over that I think.

    Total OT: Groove, ever tried Pirate’s Cove in Elk Grove? Nice little amusement park for toddlers (and older kids). Fun little rides.

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  31. Yeah I mean why would a realtor bother to call someone back if they could make 50,000 from doing so?

    morons, its almost like realtors don’t want to make money

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  32. This doesn’t bode well for Phase II:

    Sales of U.S. New Homes Plunged to Record Low in May (Update2)
    By Shobhana Chandra and Timothy R. Homan

    June 23 (Bloomberg) — Purchases of new homes in the U.S. fell in May to a record low as a tax credit expired, showing the market remains dependent on government support.

    Sales collapsed a record 33 percent to an annual pace of 300,000 last month from April, less than the median estimate of economists surveyed by Bloomberg News and the fewest in data going back to 1963, figures from the Commerce Department showed today in Washington. Demand in prior months was revised down.

    http://noir.bloomberg.com/apps/news?pid=20601087&sid=a1YELQsDcXzs&pos=1

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  33. It’s the PRICE, stupid.

    $699,000 for a cramped townhome on Western is ridiculous.

    New home sales are the lowest on record. The data goes back to 1963.

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  34. HD, do you know if those numbers are just for NEW construction? I was unable to find an answer… I mean it would make sense since there is a lot more old inventory to move through due to all the discounts for forclosures, short sales, REO’s, etc. and also since nothing has been built over the last 2 years, so just wondering

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  35. “Total OT: Groove, ever tried Pirate’s Cove in Elk Grove? Nice little amusement park for toddlers (and older kids). Fun little rides”

    DZ,
    I always pretend like elk groove and bensenville never exist. (well bnsenville doesnt anymore, thank you daley). so i never knew pirates cove even existed. I will need to try it out if its fun. i may just go after the 4th weekend 🙂

    We were at the chase park festival this weekend, its great fun for the kids and good live music for them too. try it next year.

    also always good rainy day fun is Kohls Child museum at the glen. watching kids just go crazy and learn is awesome

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  36. “$699,000 for a cramped townhome on Western is ridiculous.”

    IDK but 3000 sq ft is not cramped even if they fudged the number by adding the garage and patio.

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  37. Pilsen. My friends have a store there, and there are a lot of art galleries that have an art walk every other Friday (or something like that), we keep meaning to go.
    I wish Uptown would be the next hot neighborhood. It makes sense… it’s close to the lake, in between Lakeview and Andersonville, and close to transportation. Why are there such weirdos up there? Seriously, walk up Broadway and it changes the second you cross Irving Park. Grace even. And someone on here mentioned gang activity but I have no idea about that.

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  38. Sonies:

    it’s just for new construction. New homes are counted when the contract is signed regardless of whether the house has been built or will be built. New home starts are a different measurement that I believe is measured by permits pulled. Existing home sales is counted when the home gets out of closing/escrow.

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  39. Ok thanks, just curious… pretty awful numbers regardless, but not surprising as the tax credit just created temporary artificial demand

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  40. Grove: it’s cramped because they’re packing as many 3,000 sq units as possible onto a small parcel of land.

    Take a look at construction:

    http://maps.google.com/maps?f=q&source=s_q&hl=en&geocode=&q=2313+w+wabansia&sll=37.0625,-95.677068&sspn=31.977057,79.013672&ie=UTF8&hq=&hnear=2313+W+Wabansia+Ave,+Chicago,+Cook,+Illinois+60647&ll=41.916266,-87.690253&spn=0,0.027466&z=16&layer=c&cbll=41.912602,-87.686043&panoid=7gexEHxjmFaJYVITdtTOXw&cbp=12,348.47,,0,-7.16

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  41. Bradford on June 23rd, 2010 at 7:52 am
    “There were 10 shootings in Bucktown last weekend? Link?”
    http://www.suntimes.com/news/metro/2415428,weekend-shooting-roundup-062110.article
    “On an especially violent Saturday, at least 22 people were injured. That included five people hurt in four shootings in the West Side Humboldt Park neighborhood, just blocks from the annual Puerto Rican festival.”

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  42. “The Commerce Department said on Wednesday single-family home sales tumbled to a 300,000 unit annual rate, the lowest level since the series started in 1963.”

    Think about that for a second….it plunged to 300,000 on an annualized basis……they annualize the stat to smooth it out….

    what’s the raw figure? it’s probably as close to zero as you can get.

    That’s scary.

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  43. “East Humboldt Park. Lots of artists/musicians living there already.”

    What is the area west of Western and east of California really called (north of North and South of Armitage)?

    CCers hate calling it “West Bucktown” but “East Humbolt Park” is equally wrong, right? I think it would technically be “South Logan Square”. Maybe I will start refering to it was “North West Town” to really make things confusing.

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  44. “East Humboldt Park”

    So this place is only ONE BLOCK AWAY from the hottest neighborhood in town! 😉

    Wonder if the big change / investment in the Pulaski school will make this more attractive. . . I’d want to be East of here personally.

    That realtor behavior might have been enough to make me run. . . but I wouldn’t be calling listing agents directly, my buyer’s agent would be doing that.

    In terms of WP/BT price reductions, I’ll be excited when they reduce the price on THIS place (my current fave WP property):

    http://www.redfin.com/IL/Chicago/1934-W-Wabansia-Ave-60622/home/13354874

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  45. GOOOOOOOOAAAAAAAL

    OT: I know

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  46. “Pilsen. My friends have a store there, and there are a lot of art galleries that have an art walk every other Friday (or something like that), we keep meaning to go.”

    2nd Friday of every month. Highly recommended, particularly in the warm weather months. There’s a whole strip of lofts/studios along Halsted that have beautiful gardens out back. Interesting art and free booze: how can you go wrong?

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  47. “Grove: it’s cramped because they’re packing as many 3,000 sq units as possible onto a small parcel of land.”

    the front stairs of one place almost connects to the front stairs of the place across from it. sorry i missed what you mean about being cramped.

    but for 700k west of milwaukee and right up on your neighbor is a rough sell even though it looks really nice on the inside.

    the sheeple will buy it.

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  48. North or south of Clybourn Marko?

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  49. SquareD:

    “In terms of WP/BT price reductions, I’ll be excited when they reduce the price on THIS place (my current fave WP property):
    http://www.redfin.com/IL/Chicago/1934-W-Wabansia-Ave-60622/home/13354874

    Nice property. I think I’ve seen it.

    What you think it would go for in east LP? or OT

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  50. “In terms of WP/BT price reductions, I’ll be excited when they reduce the price on THIS place (my current fave WP property):

    http://www.redfin.com/IL/Chicago/1934-W-Wabansia-Ave-60622/home/13354874

    Beautiful home – I walk past it all the time.
    I’d call it Bucktown though. I bet this sells fairly soon without having to lower the price much (sadly).

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  51. Bucktown/Wicker Park/ East Village do not lack popularity. There are SOLD signs all over the place that I see when I walk the streets.

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  52. There are far fewer Sold signs appearing today than yesterday.

    The Sheeple won’t buy into Phase II w/o additional price cuts. The new home sales market has come to a grinding halt. 2008 redux.

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  53. Amazing game! Top 16 here we come.

    #
    chichow on June 23rd, 2010 at 9:52 am

    GOOOOOOOOAAAAAAAL

    OT: I know

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  54. Well, if you’re following the hipsters, look to the south, folks. The Pilsen area (especially in the eastern area and along the 18th Street corridor) is really picking up, with lots of formerly vacant storefronts now being occupied. (For an example, check out Nightwood as a harbinger of change to the neighborhood.) This isn’t really the case with the Podmajersky empire, however: They still have a lot of vacancies, and they don’t fix up sheeeeeit. (Although part of me thinks this is because John III is just waiting for his dad to kick it so he can sell off the contiguous entire city blocks of property that he owns and retire full-time to his douchy yachting lifestyle.)

    Bridgeport is also really picking up, arts-wise. The Morgan Street corridor has several new galleries, being anchored by the Co-Prosperity Sphere (from the Lumpen). I think Edmar owns that place (or a family member does), so they aren’t going anywhere anytime soon. Also, the Zhou brothers have a number of fixed-up gallery spaces on Morgan, as well as that cafe/bar/gallery on 35th. They even put in a freakin’ Jimmy John’s south of 35th!

    My SO and I live a little west, in McKinley Park, and we play a game called Spot the Hipster. In the three years that we’ve lived here, we gradually see more and more young, college-student-like individuals slouching around. Ah, now all we need is a gallery and a used record store on 35th …

    Another unlikely spot for development is frickin’ Canaryville! A whole lot of well-off Chinese are expanding south and west from Chinatown, and there are a couple streets in Canaryville with huge, new, occupied homes. (The excellent nearby restaurant Amelia’s is somewhat of an aberration for the neighborhood: definitely bleeding-edge, but I think the location came about due to personal reasons …)

    Anyway, this is just a little perspective from a Southsider. I know that most of the attention here gets focused on the north and west sides: It seems to me that these places have already “arrived” and don’t appeal as much as they did to the hipster/young/poor crowd. (You can’t host a multi-kegger with bands in West Town anymore without the cops crawling up your butt, but on the South Side, ANYTHING GOES. Heh.) I think another factor is the huge number of college students now housed in the South Loop and a lot closer to these south side environs.

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  55. @B,
    West of western, and south of Armitage is Humbolt Park. Some say the Burlington track a block south of Armitage is the border, its onoy a block difference and not worth an argument.

    Most new residence just west of western love to claim ‘West Bucktown’ since they scare of any reference to Humbolt Park. One of the funiest thing I saw regarding this ficticious boundry was in the Lou Melanati’s on Damen and North. On there delivery map they would only go 2 block west of Western in Humbolt Park. but once north of Armitage they went all the way west to Pulaski. Smart delivery drivers….

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  56. Are you guys following Wimbledon? This is insane

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  57. good call dc

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  58. “@B,
    West of western, and south of Armitage is Humbolt Park. Some say the Burlington track a block south of Armitage is the border, its onoy a block difference and not worth an argument.”

    But there is a website for west bucktown and everything. They even let you donate $25 to join the WBNA (west buck neighborhood association).
    http://www.westbucktown.org/

    If it is on the internet with a site which sole purpose seems to be getting you to donate $25 to a fake neighborhood association it must be real, right?

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  59. The dreaded neighborhood border topic. Here we go! My question is this: does it really matter what a given street / block is officially called? I understand that buyers / sellers care from a real estate perspective, and of course “West Bucktown” sounds better than “East Humboldt Park”. But, does it really matter? It doesn’t change the demographics of the actual neighborhood. If just a few blocks west of Western and south of Armitage are “nicer” than what is otherwise associated with Humboldt Park, what’s wrong with just saying “it’s the nice part of Humboldt Park” (since it technically is in Humboldt Park)? The same goes for “South Andersonville” (which is really just a fancy way of saying “the nice part of Uptown”).

    I’m sure this is an unpopular statement, as so many people on CC love to debate neighborhood borders, but I think it’s silly. What’s the saying — “if you put lipstick on a pig, it’s still a pig”? Any educated buyer understands that many propertys marketed as being in new (and fake) neighborhoods are technically in the “nice” part of a bordering less desirable area. Get over it!

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  60. neighborhood boundaries do matter; resale, school boundaries and if your close enough to another better neighborhood you hope that you will get caught in the hype and are able to sell for some super-profit.

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  61. @revassal — I understand the argument that neighborhood distinctions are (very obviously) important from a resale perspective. I’m not completely ignorant.

    My argument is that it shouldn’t matter. A beautiful street in Humboldt Park is STILL in Humboldt Park, no matter what you call it.

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  62. “I’m sure this is an unpopular statement, as so many people on CC love to debate neighborhood borders, but I think it’s silly”

    well really its a chicago thang, as little squirt i heard my uncles and family argue boundaries. and now when i am at a holiday family function and some brings up one for these new fangled hoods its awesome to see the old timers cause a ruckus.

    -a boombox can save the world

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  63. Jon – Loved 1934 Wabansia since the day it was finished. That would be a great property. One of our friends bought a SFH on Hoyne and paid almost as much. Wish they had bought this place. I’d be over every chance possible. That is a great example of a well built cool home constructed during the boom.

    Some people took quality and design seriously during the run up. Hopefully they get the price.

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  64. jp3 – agree
    it’s not the same – at all – but this is a more “reasonable” SFH in a good location. I’ll take this over a “Western Bucktown” townhouse every day of the week…
    http://www.redfin.com/IL/Chicago/2123-W-Dickens-Ave-60647/home/13357470

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  65. Two words: Helen Shiller.

    “I wish Uptown would be the next hot neighborhood. It makes sense… it’s close to the lake, in between Lakeview and Andersonville, and close to transportation. Why are there such weirdos up there?”

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  66. “I’ll take this over a “Western Bucktown” townhouse every day of the week…”

    I’m gonna have to disagree with you there, Jon, due to extreme distast for McCrapbox Construction. . . funny thing is, I actually consider that place (2123 Dickens) to be in West Bucktown (redfin says Logan!!).

    “What you think it would go for in east LP? or OT”

    Hah! A 3000 sq foot beautifully rehabbed home with 5 parking spaces in OT?? I have no idea what that would cost, but I’d love to see the comps.

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  67. I didn’t see it had 5 parking spots. Sorry bout that.

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  68. “Just curious. What are some of these NYC examples?”
    Having lived here all of my life, there are SO many examples.
    The far west side hood around Times Square (the linc as many are now calling it) and the Lincoln Tunnel is one that is now backfiring. Many new rental towers are going up only to be met with opposition…causing the area to go through a ‘reverse regentrification’. It will be years before the hood is ready for ‘family’ residents.
    The Grand Concourse hood – In Bronx this is an area that rivals…no, surpasses the art deco residential buildings in South Beach. Building after art deco building featuring some of the largest original apartments in the city. Beautiful parkway with wide streets being abandoned after a few started with major renovation. A group of investors attempted to rebuild and get landmark approval only to clear it out and have it repopulated with the same old criminal residents.
    This is very typical of hoods above 110th up through Harlem. SO much $$$ has been invested in converting old buildings that are now sitting empty even after severe price chops. They can’t even give them away!
    Areas of Queens…LIC to be specific. So many new towers going up along the East River with spectacular Manhattan views only to sit empty because of the inability of those interested in cleaning up the area. On top of that, there are some new construction towers who claimed to have unobstructed views only to have those million dollar views blocked a year+ later. Once the buyers realized this was the case, they fled only to resurface in Park Slope and Williamsburg.

    I could go on and on, but I think you get the idea.

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  69. “chicagoer on June 23rd, 2010 at 9:46 am
    “On an especially violent Saturday, at least 22 people were injured. That included five people hurt in four shootings in the West Side Humboldt Park neighborhood, just blocks from the annual Puerto Rican festival.””

    This place is not really in Humboldt Park.

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  70. “B on June 23rd, 2010 at 9:50 am
    What is the area west of Western and east of California really called (north of North and South of Armitage)?”

    I call it Ukie Village.

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  71. Also Smith Park and West Town are accurate names ov varied scope.

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  72. “Tom (tfo) on June 23rd, 2010 at 11:30 am
    @B,
    West of western, and south of Armitage is Humbolt Park. ”

    No it’s not. The eastern border of HP is California at worst. The “official” line is Sacramento IIRC.

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  73. The new favorite term of art, “mccrapbox,” was used in this post. My day is complete.

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  74. Helen Shiller??? Fill me in! I’ll google later…

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  75. “No it’s not. The eastern border of HP is California at worst. The “official” line is Sacramento IIRC.”

    Correct, as to the official community areas. Incorrect, according to the updated City website (see here– http://www.explorechicago.org/city/en/neighborhoods/humboldt_park.html ), which shows Humboldt from Western to the Kenton tracks and the Kinzie tracks to the Bloomingdale ROW.

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  76. “Helen Shiller??? Fill me in!”

    The alder-creature of the Peoples Republic of Uptown. Has helped to preserve Uptown’s standing as methadone clinic central of the northside. Opposes most development.

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  77. Oh yeah, I remember her being ridiculous about the riot there last summer. Wasn’t there even a protest at her office? Or she stormed out of a meeting like a child or something?

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  78. I can’t remember whether it was a CAPS meeting or some general alderman/community meeting, but Shiller stormed out when she didn’t get softball questions.

    “Juicy on June 23rd, 2010 at 10:44 am
    This isn’t really the case with the Podmajersky empire, however: They still have a lot of vacancies, and they don’t fix up sheeeeeit.”

    I’m not sure what you’re talking about, but to me all those orange and blue address signs on buildings with pieces falling off just scream, “gentrification!”

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