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Suburban Chicago Building Boom Exceeds City Demand
In June suburban Chicago permits total $3,986,432, up 40 percent from last year and 56 percent for the year to date, with 59 communities issuing approvals. Suburbs far outpace city permits, with six month suburban total $18,455,686 versus the city’s $15,866,369. Home building drives the revival as rising rents and housing shortages boost demand, yielding 300 homes in six months at an average value just over $8,000. Repairs and alterations add $1,877,194, as month by month comparisons note a strong trend versus 1936 and last year.
MENTIONED IN THIS ARTICLE
Chicago
Ealry
Bmilding ‘Commissioners
Compgres
Aurora
Berwyn
Calumet City
Chicago Heights
Cicero Leetene
Clarendon Hills
Crystal
Hinsdale
Homewood
Ivanhoe Joliette
Kenilworth
la Grange
la Grange Park
Lake Forest
Libertyville
Lombar
Markham
May
McCook
Melrose Park
Mount Prospect
Naperville
Niley Center
North Chicago
Hace
Palas Heigl SK
Mam Park
Ridge River
Riverside St Charles
Waukegan
SU West Chicago
Westert Springs
Razel Wheaton
Whiting
Wilmette
Winnetka