If you are looking for a home in Humboldt Park, Chicago, you will find that there are many options for you to choose from. One of the best things about this specific area is the fact that the cost of living is over 3% lower here than it is in the rest of the city and over 11% lower than the national average.
There are also many affordable options available for apartments throughout the area as well as a number of real estate options. Humboldt Park is divided into two sections, East and West. East runs from Sacramento Boulevard to Western Avenue and lies between North Avenue and Division Street. West is the area that is west of Sacramento Boulevard.
For most, choosing real estate in East Humboldt Park is preferable because it has recently undergone many changes to make it more attractive to those looking to move into the area. Typically, West Humboldt Park is synonymous with low income and working class resident.
One of the downsides of Humboldt Park is that the crime is somewhat elevated in this community. However, Humboldt still ranked 18th overall when it comes to crime in the city regarding violent crime and 33rd when it comes to property crime. Also, there has been a great effort to clean up the area and there have been drastic changes that have been made since the 1990s.
Currently, the trend of purchasing real estate in Humboldt Park is increasing and you can see a number of middle to upper class residents moving into the area. This has increased the need to improve the area and has increased the average home value to just under $190,000. With this growing area, home values can be expected to rise, meaning that residents will be able to see a health investment return on real estate that is purchased.
One of the most popular attractions in this area of the city is the large park that is included within the area. There are multiple walking trails as well as horse trails and a couple of lagoons for visitors to enjoy. Here, you will also be able to view a statue of the founder of the community as well as a number of other beautiful things, like a river and a rose garden.
There are also some events that are held annually throughout this neighborhood that always draw a crowd. You can enjoy items like music festivals and other events that are typically held in the park due to its large size.
Residents of this neighborhood enjoy a variety of shopping and dining establishments as well as some beautiful art related items that are dotted throughout the area. Whether you enjoy taking in a play, viewing historical monuments of dining at some of the restaurants that offer local cuisine, you will never find yourself running out of things to do if you purchase real estate in Humboldt Park.
There are also a number of schools to choose from in Humboldt Park; the best of which is Chopin Elementary School. This school is located in the lower eastern section of the community and receives a score of 8 according to Great Schools.org.
If you are looking for homes for sale in Humboldt Park, you will be happy to know that there are many options available to choose from. While it is still a growing and improving neighborhood, now is the best time to purchase a home in this vibrant area of the city.