Investors buy bigger share of properties in South Shore than other neighborhoods near Obama Center – CBS2 (Chicago)

Of the 141 single-family homes sold in South Shore in 2023, nearly 40 percent were sold to business buyers.
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debtsor
1 year ago

South Shore will be majority hispanic within a decade. The neighborhood is becoming increasingly surrounded by hispanics, and being so close to the lake, the park, highways, and cultural institutions, it will become a neighborhood for relatively wealthier hispanics. It’s already happening. After the current residents leave, the murder rate will from drop precipitiously, as it is. There were 39! murders in south shore in 2022, 28 in 2023 and only 23 so far this year. The south chicago neighborhood, just south of south shore, is already 37% hispanic, and only a barely majority black, and there were only 10… Read more »

Last edited 1 year ago by debtsor

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