Construction surges in East Village of Chicago
A recent article in Chicago Now revealed that since 2005, Chicago's East Ukrainian Village has seen a massive surge in the construction of single family homes while the surrounding areas have seen little to none. Chicago Now observed at least 54 newer homes built in the portion of East Village north of Grand Street and south of Chicago Avenue. People looking at homes for sale in Chicago could be interested in the real estate trends being observed in this portion of the city.
This is not to imply that no construction has been going on north of Chicago Avenue. Chicago Now additionally reported that there has been "plenty of newer construction but it's been almost all condos built." South of Chicago Avenue has seen far fewer new construction of condos, largely due to the economics involved. The news source reveals that land north of Chicago Avenue is more expensive and thus better suited for condominium construction.
Those looking for single-family homes for sale in Chicago could look to East Village between Chicago and Grand, and those looking for condominium living can look in the northern part of the neighborhood from Chicago Avenue to Division.
This neighborhood could be especially appealing to those who like Eastern European cuisine. It is called East Ukrainian Village because, according to Explore Chicago, roughly 10,000 Ukrainian-Americans reside here and keep their culture "alive and strong."