Lathrop

This small nook near Lincoln Park, flanked by DePaul to the east and the Chicago River to the west, has both young collegiate charm and a family-friendly feel. Lathrop was first put on the map as a warehouse district that later developed into a lovely, tree-lined neighborhood with residential blocks, two popular shopping centers, and a smattering of coffee shops and eateries. Despite its petite acreage, Lathrop managed to squeeze in a couple schools and a Costco, which is always a handy store to have nearby. Due to its close proximity to Lincoln Park neighborhood, Lathrop property values are also up market. Homebuyers will find plenty of million-dollar, three-story townhomes for sale, but there is also a good selection of refurbished condos and loft spaces in the vicinity that are a bit more affordable.