I'm looking to move soon and want to buy a house somewhere in the chicago suburbs. Location isn't that important. I just want something that will be a solid investment and provide a good return when I sell it in 3-4 years. Price isn't a big concern either, but it should be in a resonable range so the house doesnt sit too long when it comes time to sell. I'm also looking for relatively new construction. Do you guys recommend I start looking in any specific areas?

 

What's your price range?

 

St. Charles is a cool little town.

My buddy has a place in Campton township that is awesome, but those places are $$$ from what I hear.

 

The Moon. . . . . . . .

 

No offense, but basically what I got from reading your post is this: Where should I live? I just need somewhere to live. Which narrows it down to every single suburb of Chicago, and then some. I think we may need a bit more to go on...

 

lincolnshire/lakeforest/bannockburn. Pricey but excellent appreciation and schools neighbor of mine is selling his house... so yeah... round 800 grand

 

no offense taken. I realize I was pretty vague. Main purpose of this thread was to get some starting points... and to learn about any areas that are appreciating quickly.

 

Name areas, and we'll name off points.

 

Oakbrook....then u can have all the McDonalds you want!!!

 

So resonable range on northshore is 1.5 million... In plainfield it's 250k.

This is silly...

 

Well I'd buy whichever house is appreciating faster & would be easier to sell in a few years. Mainly I'm looking at this as what's the best investment?

 

If you're looking for appreciation, I would aim toward the western suburbs like Naperville, Hinsdale, etc. It seems to me that the city is expanding westward. Of course a condo downtown will always be a solid investment, while a house on the north shore could be a good buy in today's realestate market, but if you're not planning on staying...who cares?

 

ehh, the whole burbs thing again? so sad

if you absolutely have to, i recommend wherever you like on the north shore. Like Northbrook/Wilmette/Glenview area.

 

Evanston is a nice area as well. You're probably not going to lose out with the market where it's at right now, once people start buying homes again you'll be sure to make money there.

The far Northwest burbs aren't too bad, Crystal Lake/Lake in the Hills is still growing pretty quick. Barrington if you have the green, people will pay stupid money to say they live there... like it's sooo special or something.

 

I actually just got a job in Glenview, it's a nice town!