Will the Obama Library change real estate values in Washington Park?

The Library is coming aren’t you excited! The Library is coming aren’t you excited? Depending on who you ask will depend on what your sentence ends with, an exclamation point or a question mark.  As excited as many people are, will this announcement bring to a struggling real estate market (both in Jackson Park and Washington Park) to becoming a vibrant community that will compete with bordering Hyde Park values. As a born and raised Chicagoan, I am happy this is coming but I don’t want the market to create a false sense of hope for investors, residents and skeptics. Check out the market data from Washington Park and see how the trends are moving; where are values really headed?  Only time will tell…..