South Shore

Life by the Lake is a lot of fun in the Summer and South Shore offers beaches and so much more: Two golf courses, a magnificent cultural center, a potpourri of shops and cafes, and some of the largest multi-unit buildings and single family homes. Home to some of Chicago’s famous African Americans in the historic Jackson Park Highlands subdivision and affordable real estate, residents love the convenience of both Stony Island Avenue to head to Indiana or the Expressway or Lake Shore Drive which offers a smooth, rarely congested, ride to nearby Hyde Park, downtown or the North Side.

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Relevant Blog Posts

  • Winter Market Report: South Shore, Chatham & Woodlawn

    Spring is almost here, but it’s smart to analyze the South Side’s winter real estate activity to keep track of how our local housing market is progressing. Whether you’re a homeowner, investor, or just plain curious about what’s happening out here, you should find this information useful. Over the month of March, we’ll be analyzing sales stats for 3 bedroom, 2 bathroom single family homes and condos on Chicago’s South Side. Our focus is on a four-month period, stretching from Nov.1, 2010 through Feb.28, 2011. This week we’re exploring South Shore, Chatham & Woodlawn.

  • South Shore: Site of Obama’s Presidential Library?

    In the next 2 or 4 years, President Obama will begin seriously planning the site, style, and features of his Presidential Library. He could choose his native Hawaii. But that might prove inaccessible and cost prohibitive to the average American. One Chicago Alderman, Sandi Jackson, believes the Obama Presidential Library belongs in Chicago, and specifically in South Shore.

  • FHA 203K: Your Path to Real Estate Investing?

    Most people know that FHA mortgage loans allow you to borrow money for a home not only at great interest rates (below 5%) but also a VERY low down payment that’s now set at 3.5%. Many readers may have purchased a single family home, townhouse or condo with an FHA loan or know someone who has. And you don’t have to be a first-time homebuyer! But that’s not all you can buy with an FHA 203K loan. Read on…

Relevant Articles

  • Recession Played a Part, but ShoreBank Wounded Itself, Too

    As some of the nation’s biggest financial institutions rushed to assemble a $150 million bailout of ShoreBank last week, people knowledgeable about the bank’s image as a successful, crusading lender in some of the country’s most impoverished communities began focusing on a related issue: How ShoreBank had fallen nearly to the point of collapse.

    www.nytimes.com

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