Roscoe Village: Cute, tiny, pricey
Roscoe Village is one of those neighborhoods where you find yourself saying “this is so cute!” over and over. The tree lined streets are filled with super cute million dollar single family houses and Roscoe St, the main drag is nearly overflowing with cute boutique shops.
But, the neighborhood wasn’t always so cute. Originally established as a collection of bars and restaurants that serviced visitors to the amusement park built along the Chicago River in the early 1900s, by the late 1970s, Roscoe Village had a crime problem. Soon though, urban sprawl hit the area and the area's sturdy two-flats and convenient location, won out.
Today Roscoe Village is one of the hottest neighborhoods in the city, at least from a real estate perspective.
A few things to note here:
- With so little inventory sheerly because Roscoe Village is so small, the pricing trajectory isn’t likely to decrease any time soon.
- Also, unlike many other neighborhoods, single family homes are populous, which is also a market driver.
- People will pay for admission to Audubon Elementary.
There are so many reasons why Roscoe Village is such a popular neighborhood. Here are just a few highlights:
Audubon Elementary is one of the top public elementary schools in the city. Lane Tech, a selective admission high school is also located in the neighborhood. Audubon Elementary is ranked 11th by School Sparrow. Here's more info from the Sun Times.
Around the Neighborhood
Hamlin Park: Though it’s technically located just south of Roscoe Village, Hamlin Park offers tons of indoor and outdoor fitness facilities, including an outdoor community pool.
Grocery Stores: Within about a 10 block radius, hungry shoppers can hit Trader Joe’s, Mariano’s and Whole Foods.