southsider2k5 Posted April 22, 2004 Share Posted April 22, 2004 And it looks good. The bars and stores can't be far behind. http://www.parkboulevardchicago.com/about.html Quote Link to comment Share on other sites More sharing options...
1549 Posted April 22, 2004 Share Posted April 22, 2004 Nothing better than urban revitilization. Quote Link to comment Share on other sites More sharing options...
flippedoutpunk Posted April 22, 2004 Share Posted April 22, 2004 I like it the way it is. I dont want it to turn into mini-clark and addison. The yuppies are fine where they are, they dont have to spread any more. Quote Link to comment Share on other sites More sharing options...
1549 Posted April 22, 2004 Share Posted April 22, 2004 I like it the way it is. I dont want it to turn into mini-clark and addison. The yuppies are fine where they are, they dont have to spread any more. I don't think it necessarily has to be an addison and clark, and I don't think it will be all yuppies. But baseball has to be in an area where your average upper middle class white family feels comfortable walking around. I also like the feel of the area as it is now, it has a cool Chicago feel that you don't get everywhere, but not everyone feels that way. Quote Link to comment Share on other sites More sharing options...
Steff Posted April 22, 2004 Share Posted April 22, 2004 A condo from the $120's... Good idea to snatch one of those puppies up. Their value will rise quickly. Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted April 22, 2004 Author Share Posted April 22, 2004 A condo from the $120's... Good idea to snatch one of those puppies up. Their value will rise quickly. That's what I was thinking. Sell the Vette, buy the condo. It will double in 5 years, unless interest rates explode. Quote Link to comment Share on other sites More sharing options...
Steff Posted April 22, 2004 Share Posted April 22, 2004 In 5 years you could buy a Ferrari. Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted April 22, 2004 Author Share Posted April 22, 2004 I like this guy better or this one :banghead I wish I had $150k laying around. I'd be putting a down payment myself. Quote Link to comment Share on other sites More sharing options...
Steff Posted April 22, 2004 Share Posted April 22, 2004 I like this guy better or this one :banghead I wish I had $150k laying around. I'd be putting a down payment myself. I don't think the property is going to be that expensive.. $150K down = $750K value. The rates are still so great and thanks to that PMI is affordable so putting down less than 20% is not all that crazy. And not only that.. these days taking out a second for the 20% downstroke is very common.. paying the 2, then refinancing in a year. Most of the 2nd are interest only so you get most of that back on your taxes. Sweet investment... And.. would sure solve that "long drive home to plainfield" problem 40 nights of the season.. Quote Link to comment Share on other sites More sharing options...
hammerhead johnson Posted April 22, 2004 Share Posted April 22, 2004 Certain details about Cubs fans stick out in my mind. Like, after they won the division last year, they showed a bunch of Cubs fans jumping up and down at a bar to House Of Pain's "Jump Around" :headshake Now, if this takes place at a Sox bar after we make the playoffs, I'll move to the mountains & nobody will ever hear from me again. Quote Link to comment Share on other sites More sharing options...
Steff Posted April 22, 2004 Share Posted April 22, 2004 Certain details about Cubs fans stick out in my mind. Like, after they won the division last year, they showed a bunch of Cubs fans jumping up and down at a bar to House Of Pain's "Jump Around" :headshake Now, if this takes place at a Sox bar after we make the playoffs, I'll move to the mountains & nobody will ever hear from me again. Oh.. it will. The bandwagoneers will be out in full force. Quote Link to comment Share on other sites More sharing options...
Gene Honda Civic Posted April 22, 2004 Share Posted April 22, 2004 I know a couple of people in the real estate investment game -- and they have both recently aquired properties near Comisky. Quote Link to comment Share on other sites More sharing options...
Controlled Chaos Posted April 22, 2004 Share Posted April 22, 2004 Very Risky Investment!! One rape...one murder...one shooting and the value can drop like that. If something happens and funding drops you're screwed!! It all depends if they can clean up the area... Quote Link to comment Share on other sites More sharing options...
SoxFanForever Posted April 22, 2004 Share Posted April 22, 2004 Very Risky Investment!! One rape...one murder...one shooting and the value can drop like that. If something happens and funding drops you're screwed!! It all depends if they can clean up the area... Yes, because there are no rapes, murders or any other crimes in the Gold Coast area or any other expensive property areas. Quote Link to comment Share on other sites More sharing options...
Steff Posted April 22, 2004 Share Posted April 22, 2004 Yes, because there are no rapes, murders or any other crimes in the Gold Coast area or any other expensive property areas. That's what I was going to say.. but without the green. There is MORE crime in the Wirgley area yet the property is 3 times what this is going for. Besides.. there will be an association so I doubt there will be an issue. I think this would be a great investment and I think I'm going to look into it more. Jason.. since you're in the field.. your thoughts? Quote Link to comment Share on other sites More sharing options...
SoxFanForever Posted April 22, 2004 Share Posted April 22, 2004 I think that might be a wise investment to look into Steff. I mean, there is so much revitalization going on right now and the property value is sky rocketing. That whole area will be revamped and a very nice place to live in the very near future. Quote Link to comment Share on other sites More sharing options...
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