Frontline Real Estate Partners

We Offer Commercial Real Estate

Sales, Leasing, Receivership, Property
Management, Advisory, Valuation

21
Jan, 2020

The Best Chicago Neighborhoods for Real Estate Investing

If you’re in the market for commercial real estate for lease in Chicago, you might be wondering which of the city’s many unique neighborhoods is the best option for investing your time and money. Aside from the obvious importance of choosing the right location at the right time, for many investors, choosing a single neighborhood for multiple investments is a priority, simply for convenience’s sake. Here are Chicago’s most up-and-coming neighborhoods in 2020 to consider investing in.

Logan Square

In many cities, the increasing popularity of one neighborhood directly affects the popularity of the surrounding neighborhoods. Chicago is no exception. When looking for commercial real estate for lease in Chicago, Logan Square is a neighborhood that’s closing in on nearby Bucktown and Wicker Park as the place to be. Logan Square offers trendy bars along with some commercial shopping destinations like Target and Home Depot.

Sale prices in Logan Square have been rising overall, making now a good time to invest with a buy-and-hold strategy.

Pilsen

For those investors looking to diversify the types of property in their repertoire while remaining in one location, the Pilsen neighborhood is a unique and smart option for you. This neighborhood is located in Chicago’s Lower West Side and boasts a good mix of single-family homes, condos, and multi-family properties. For real estate investors, the entrance barrier is relatively low due to low property prices and rising median rents. If you find an undervalued property in this area, consider renovating and renting it out for the short-term.

Avondale

In the past few years, this neighborhood has been in the media as one of the next up-and-coming areas in Chicago. Residents have moved to this area to avoid rising price tags in the surrounding neighborhoods, and gentrification has begun to take over. Sales prices have been rising and could potentially skyrocket in the next few years. If you’re looking for commercial real estate for lease in Chicago, Avondale is an area to look at and remain speculative.

West Town

If you’ve ever been to West Town, this is probably the most obvious place on this list to invest in real estate. For residents and businesses in West Town, this area checks all the boxes–low crime, great amenities, and a high livability rating. While this area can be a tad more expensive than many neighborhoods in Chicago, the neighborhood’s intense growing popularity makes the cost worth it.

Contact Front Line for Commercial Real Estate for Lease in Chicago

For general real estate expertise, or to view our current commercial real estate listings, contact a member of our team today!

Back to Blog

Recent Posts

How to Value Commercial Land: A Step-by-Step Guide

Determining the value of commercial land is a crucial step in any real estate investment. Whether you're buying, selling, or developing, accurate land valuation helps you make informed decisions and avoid costly mistakes. Understanding Commercial Land Value Before diving into calculations, it's important to understand what makes commercial land valuable. Unlike developed properties, land value depends on: Future development potential Current zoning restrictions Location and accessibility Available utilities and infrastructure Environmental conditions Market demand Basic Measurements and Terms You need...

read more

The 5 Types of Industrial Real Estate

At Frontline Real Estate Partners, we've had a front-row seat to the industrial real estate sector's transformation into a commercial property market powerhouse. The explosive growth of e-commerce and the evolution of supply chain strategies have made understanding the nuances of industrial real estate more crucial than ever. Let's take a deep dive into the various types of industrial properties that are shaping today's market. 1. Warehouses and Distribution Facilities Warehouse and distribution facilities are the backbone of the industrial...

read more

The Shift Towards Mixed-Use Developments in Urban Chicago

Chicago, a city known for its architectural innovation and urban landscape, is witnessing a significant shift towards mixed-use developments. This trend, blending residential, commercial, and recreational spaces, offers a holistic approach to urban living. What are Mixed-Use Developments? Mixed-use developments integrate various types of real estate, such as housing, offices, retail shops, and public spaces, into a single complex. This approach contrasts with traditional urban planning, where different zones are distinctly separated. Benefits of Mixed-Use Development in Chicago The shift...

read more

Sign Up to Receive Updates and News About Frontline

Join Mailing List