New Casino and Property Values

Discussion in 'Chit Chat' started by Maharaja, Feb 21, 2008.

  1. I live+work in downtown Chicago and I'm thinking about buying a condo here. The place that I'm looking about buying is a few blocks away from a site that may have a casino built on it in the next few years. Nothing is official, but how does a casino less than a mile away affect property values? I am assuming it has a negative effect due to the crowds and crime that it would bring, but does that logic change when you start thinking that this is the city (downtown Chicago)?