Real Estate Broker, Developer, and Entrepreneur Luke Blahnik joins us to discuss his neighborhood of expertise: Logan Square!
Luke knows the neighborhood block by block and outlines some of the premier streets that feature phenomenal housing stock on oversized lots. Luke elaborates on the different pockets of the neighborhood including the higher priced areas around the Boulevards and other more affordable options near the edges of Logan. Redevelopment around the Bloomingdale / 606 Trail, the associated Anti-Deconversion Ordinance, and Zoning in Logan Square are hot topics discussed during the show. Luke closes by sharing some current and upcoming developments that will keep propelling Logan Square forward!
Questions We Answer In this Show:
Q. What new developments are coming to Logan Square?
Q. What you must know about the boulevards in Logan Square
Q. What is the Demolition Surcharge Ordinance around The 606?
Q. What are the differences between 25 and 30 ft lots in Chicago
Q. Is The 606 Trail being expanded to the new Lincoln Yards neighborhood?
Q. Is Logan Square gentrified?
Q. What is the history of “The 606” Trail in Chicago?
02:37 Housing Provider Tip: Utilize new delivery services to manage your properties more efficiently!
04:29 Intro to our guest, Luke Blahnik!
05:18 Luke gives an overview on different pockets of the Logan Square neighborhood!
09:15 Why does the width of a property’s lot matter?
12:00 Luke talks about the growth within the different areas of Logan Square!
15:45 Where can investors get the best bang for their buck in Logan Square?
20:30 What is the history of the 606 Trail?
22:57 What is the Anti-Deconversion Ordinance around the 606 Trail?
27:30 Where did the push for Ordinance come from?
34:55 How does the extension of the 606 Trail to Lincoln Yards impact homes close to the trail in Logan Square?
36:16 Why did choose Logan Square as his real estate focus?
39:20 Why are values in prime Logan Square higher than other neighborhoods with superior schools?
43:48 Luke talks about new developments in Logan Square!
48:50 What is Luke's competitive advantage?
49:55 One piece of advice for new investors.
50:47 What do you do for fun?
51:38 Good book, podcast, or self development activity that you would recommend?
52:35 Local Network Recommendation?
53:27 How can the listeners learn more about you and provide value to you?
Guest Name: Luke Blahnik
Guest Company: Flora | Blahnik @properties
Guest Link: https://www.florablahnik.com
Other Links for show notes:
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