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Bloomingdale Trail Watch

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The Bloomingdale Trail project is energizing real estate investors far and wide, and today's Deal Estate Q&A with Dennis Rodkin offers proof. A DC resident who "loves visiting Chicago" wanted to know if investing along the trail will pay off in 5-10 years. The answer, naturally, is yes, but Rodkin highlights the complications: the western half (predominately Humbolt Park, racked by foreclosures) provides a less certain payoff, and the eastern half is already highly gentrified with developers eying remaining trail-adjacent plots and investment properties rapidly drying up. [Chicago Mag, previously]