Where exactly is River West?

[Nuclear_Art]

Originally Posted by radraja

Ehh. Just be careful - this area is very close to the dangerous ghetto.

I thought the dangerous ghetto was in Detroit or LA?

Originally Posted by Lookout Kid

I'm always amazed at the slow pace of gentrification in Milwaukee. Change is much more rapid in Chicago.

There are areas in Milwaukee that have gentrified very, very fast. Brewer's Hill simmered for awhile in the 80s and then the next thing you know it is gentrification central.

[Lookout Kid]

Originally Posted by Nuclear_Art

There are areas in Milwaukee that have gentrified very, very fast. Brewer's Hill simmered for awhile in the 80s and then the next thing you know it is gentrification central.

Yeah, sure. Lakeview in Chicago also started to gentrify in the 80s. And then so did Roscoe Village, Lincoln Square, North Center, Buena Park, Edgewater, Bucktown, Wicker Park, Ravenswood, River North, the West Loop, the South Loop, etc. etc. etc. etc...

The pace of gentrification in Brewer's hill has been snail-like in speed, and it's a very small area! Milwaukee just doesn't have enough development pressure for quick gentrication. I'd say the fastest changes I've witnessed have been in Bay View and Walker's Point, but that's still pretty slow considering how many years they've been going on. People have been talking those neighborhoods up for YEARS.

[MKE-Ed]

The Riverwest area does have some nice areas, especially along Humboldt avenue. The problem is, once you go west, you are in the hard core ghetto. It's unfortunate because the area does have potential to become a nice area. But developers are afraid to invest money in the area until it gets better. I saw this happen in the Lake View area of Chicago. It was a nice middle class area back in the mid 80s and it has now becoma a very upscale affluent area. In fact, there are some homes in the Lake View area today that sell for over 1.2 million.

[Lookout Kid]

Originally Posted by MKE-Ed

In fact, there are some homes in the Lake View area today that sell for over 1.2 million.

There are some that sell for $4 million too.

http://www.realtor.com/search/listingdetail.aspx?zp=60657&mnp=48&typ=1&sid=4de80 25cc8b8448db3cce87671c38a1d&lid=1099635573&lsn=5&s rcnt=5#Detail (broken link)

And the Wrigley Mansion is in Lakeview, and I think that was close to $10 million.

[MKE-Ed]

Originally Posted by Lookout Kid

There are some that sell for $4 million too.

Single Family Home - 1048 W OAKDALE AVE, CHICAGO, IL, 60657 - Realtor.com (http://www.realtor.com/search/listingdetail.aspx?zp=60657&mnp=48&typ=1&sid=4de80 25cc8b8448db3cce87671c38a1d&lid=1099635573&lsn=5&s rcnt=5#Detail - broken link)

And the Wrigley Mansion is in Lakeview, and I think that was close to $10 million.

There is no way that I would pay that kind of money to live in the Lake View area. As a former Lake View resident, I am just blown away by the insane housing prices today. For that kind of money, I would buy in a place like Lake Forest, Glencoe,Winnetka and some of the other communities in the North Shore. I grew up two blocks from where Bert Weiman Ford use to be. That area now has become another Lincoln Park.

[oneblessedmommy]

we considered moving there. We were looking for a place were we could save money. We would have doneit too, but we got a two yr old son and wanted a nicer area. I would suggest a area downtown called yanke hill, its like 3 blocks or so of extreemly nice apartments with underground parking. Its in the downtown area, close to Jackson and state. Its right by "jazz in the park"