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He used market data and his experience to pick the top five.

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For the purposes of this roundup,community areas count as neighborhoods.

But its actually one of Chicagos most desirable neighborhoods, according to Horvat.

However, motivated buyers willing to do some legwork might find homes for considerably less than the median.

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Medical District

The Medical District sits near the community area known as the West Loop.

These neighborhoods are excellent options for both investors and homebuyers that want maximum price appreciation.

Recovery has been slow, Horvat said, but things are picking up as more workers return to offices.

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Condos are an appealing option for many of those workers.

But that could change.

The neighborhood is still affordable, even amid rapid growth.

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