In a study done by BusinessWeek.com and Zillow.com, an online real estate service, Chicago's East Garfield Park ranked #2 as one of America's next hot neighborhoods.

Results were based on Zillow.com's Zindex, which translates to the median home-value, and how much this value has increased in a given location in the past five years. These increases are due to an areas improved crime rate, location and access to public transportation, schools and employment opportunities. They are factors like these that increase a community's desirability and investment potential.

 East Garfield Park's Zindex resulted in a 94.98% change from $110,142 in 2001 to $214,757 in 2006. To compare other hot neighborhood Zindex scores, read America's next hot neighborhoods.

Image courtesy of John Ashley/Flickr.com