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Andersonville named "Hottest Hood" to buy

Time Out Chicago named Andersonville as the ‘Hottest Hood’ in Chicago to purchase a home in their real estate edition.

ANDERSONVILLE Nearly every Realtor offered up Andersonville as the city’s hottest ’hood, citing lakefront proximity, a robust commercial district brimming with independently owned businesses and good public transportation as factors. Also, sales here are often more discretionary than need-based. This means homeowners are less likely to sell at desperation prices. “The demographic of people who buy here hasn’t been as adversely affected by job loss and subprime lending problems, so the supply is down, which keeps prices up,” says Kelly Leggett of Keller Williams Realty. Median condo price $294,250 Median single-family home price $832,000″

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