Chicago has over 77 different communities and over 210 neighborhoods within its boundaries many of which are of ethnic origin. Bucktown is one of these communities which were established mainly by Polish immigrants early in the 1800’s seeking refuge from their war-torn country. It is believed the name originated from the large number of goats the early settlers raised in their backyards, (male goats are known as bucks). Today you will not see any goats but the neighborhood is full of Bucktown condos and lofts.Â
The neighborhood bounded by North and Fullerton Avenues is a slightly less expensive alternative to many other areas in Chicago, although prices are rising for Bucktown condos. In the mid 1980’s a growing group of artists emerged creating an artist colony which identifies the neighborhood today. Bucktown’s past is seen through its one-hundred year old buildings, cobblestone paths, and historic churches, remnants of the early Polish immigrants. The neighborhood’s past is evident but so is its future. Contemporary architecture is found next door to vintage buildings in this neighborhood. Because of its status as a hot spot to live real  estate developers moved in and started converting older buildings into loft spaces and constructing new low-rise condominiums and Bucktown condos were off and running.  The new construction and refurbishing of buildings in the area lead to widespread gentrification and an increasing number of young working professionals. Most of these buildings offer home and condo buyers updated features like granite kitchen counter tops, new stainless steel appliances, hardwood flooring and remodeled bathrooms, not to mention private balconies and rooftop patios.  With this renewed interest in residential property business was soon to follow. Businesses such as upscale stylish stores, trendy restaurants, and bars dot the area and are considered one of the most fashionable places in Chicago to live.
Primarily a residential neighborhood, Bucktown is a mix of single-family homes, converted lofts and Bucktown condos.   The average price for a one bedroom condo runs in the mid $200’s and a two bedroom can run up to $300,000. A three bedroom single family detached home runs about mid $650’s. Bigger places that have been completely rehabbed with upgraded amenities can run as high as $800-$900,000. Private residences with more than three bedrooms in Bucktown can push upwards of a million dollars. Today young adult professionals are flocking to Bucktown in droves. Its status as a hot spot to live has made this Chicago neighborhood one of the most sought after residential areas in which to live.
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