Albany Park (Chicago, Avon: neighborhood, school, quality of life)

[Avengerfire]

Too many condos have been "being built" for at least 5 years.

[Thepreacherswife]

Originally Posted by Drover

And in this economic environment, there's no way I'd buy new condo construction, especially one that's not completed yet. I've seen too many horror stories of people who are stuck in essentially abandoned, half-completed condo buildings with no recourse when things go wrong (say, the roof leaks) and with the very real prospect that they're stuck paying a mortgage toward a unit that could end up being next to worthless.

The moral of the story is, check up on the condo association finances for status of reserves and see if the association has been turned over to the residents yet. If still in the hands of the developer, you have basically zero recourse if he skips town with stuff left undone. OTOH, Kimball Station is a pretty big development and possibly less likely to be left in the lurch.

Here's the status of things there as of mid-March. Interesting/concerning that there were apparently 15 under contract in October but none of those had come to fruition by March. I haven't been by there lately so I can't comment as to how it looks outside currently, but I'll be over there later this morning.

[ChiMack]

like venom said there is crime and gang activity there...

Two shot, one fatally, in Northwest Side alley :: CHICAGO SUN-TIMES :: Chicago Crime

[Venom]

Them kings getting popped

[ChiMack]

Originally Posted by Venom

Them kings getting popped

what gangs does albany park have?

[Venom]

Originally Posted by ChiMack

what gangs does albany park have?

Famila stones, cobras, SGDs, IGs, Royals, CVLs, Kings, Popes

[ChiMack]

Originally Posted by Venom

Famila stones, cobras, SGDs, IGs, Royals, CVLs, Kings, Popes

familia stones and popes i heard about them but i never seen any of them or their tagging, where in albany park are they? and they arent that big or are they

[Venom]

Originally Posted by ChiMack

familia stones and popes i heard about them but i never seen any of them or their tagging, where in albany park are they? and they arent that big or are they

Stones are the biggest group in Albany park. I see their taggings all the time and I took pics here but they're being put down: http://farm4.static.flickr.com/3443/...372f9c55_b.jpg

Pretty ugly drawings.

The popes aren't really in AP, but they do cross over sometimes. They're more on Foster and washtenaw area, they're the least important one.

[YAYforPOPCORN]

me and my husband are going to buy a two flat and we keep hearing about Albany Park. What is it like there? is it possibly a good place for a first time home buyer (a young family with an almost 2 year old)? Since we would be renting one of the units, what is the market like? Are places sitting empty while waiting for a renter? Thanks in advance!

[Avengerfire]

Search the forum?