As the third largest city in the U.S., Chicago has much to offer by way of entertainment, employment and housing. With millions of people in the city, there is always a variety of housing accommodation for sale in the area. Whether you are looking for an apartment, condominium, studio, apartment, family home or a mansion, is likely to have a house somewhere in the city that can meet your needs. Chicago real estate really differs from one area to another however. With Lake Michigan to the east, the city can be divided into 4 different sections: Central, North, West and South Chicago.

Chicago Central
Chicago Central, which is also known as the Loop, is located in the heart of historic downtown. Consequently, real estate options available in this part of town are mostly studies apartments and penthouses. They are also very expensive because they are so close to all attractions of city life downtown. The Chicago River serves as the limit towards west and Lake Michigan, the loop border to the east. After Manhattan, Chicago Central is the second largest central business district in the U.S.. It also home to some of the tallest skyscrapers in the world.

North Chicago
North Chicago is the most popular area to buy real estate in Chicago. Despite the housing crisis nation-wide in the last two years, the number of home sales in North Chicago have continued to increase. The area is both quiet and beauty, as it is dotted with beaches and public parks and the residents have some of the highest average incomes in the city. Several neighborhoods in the north of Chicago are Gold Coast, Old Town, Lincoln Park, Lakeview and lake view. If you want to live in the north and wants to pay lower prices for real estate, searching houses are further away from downtown.

West Chicago
West Chicago is best known for its ethnic diversity. Some of the neighborhoods in West Chicago include Wicker Park, Lawndale, Austin and Garfield Park. Has the crime are among the districts in the west, while property values are rising in others. Sure you do your research if you are looking for a house in West Chicago.

South Chicago
Although the South Side of Chicago has a reputation for crime and poverty, there are middle class and affluent neighborhoods in the area. The south side of Chicago covers 60 percent of the land area of the city and is home to some of the parks Chicago's biggest, Jackson and Washington Park. Most industry is centered in the city south of Chicago.

No matter where you live, is very easy to get around the city with public transportation system in Chicago. Consequently, environmental characteristics, school systems and housing prices probably be the most important factors to consider while you are looking for a home in Chicago.

About the Author:

If you want more guidance on Chicago real estate, try searching for a home with RE/MAX (http://www.illinoisproperty.com/remaxil/chicago-il-real-estate.asp). They can help you search for a new home based on your budget, neighborhood preferences and needs. The author, Art Gib, is a freelance writer.

Article Source: ArticlesBase.com – Chicago Real Estate by Area

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