Chicago Transit Future - New Train Lines. More Convenience. Less Traffic.
April 7, 2014
Chicagoan's have some lofty plans to expand and restructure the existing transit system. They include extending most of the el lines, adding a lime and ace line, and rapid transit bus lines.
This all sounds great.. and very expensive. The city of LA just voted to raise their sales tax by 1/2 a penny resulting in a 40 billion budget for new transit lines.
Real estate demand is very location specific and adding these lines will surely help up and coming neighborhoods explode while helping property values in most neighborhoods as the city becomes even more accessible.