House Rich: Neighborhoods With the Biggest Price Jumps

By Suzanne Woolley and Bloomberg Rankings - 2014-03-20T20:55:50Z

Photograph by M. Spencer Green/AP Photo

Company Symbol % Change
9 of 15

South Loop, Chicago, Illinois

Year-over-year gain: 47.5%

Median sale price, Jan. 2013: $223,175

Median sale price, Jan. 2014: $329,100

South Loop joins a number of other once-blighted neighborhoods on this list that have been redeveloped and are now hot. The site of former rail yards, it was known for many years more for its vices (as in brothels, burlesques) than its residential virtues.

Advertisement