Sweet Chicago Rental: Buena Park Studios for $700

The Times Square Apartments at 869 W. Buena Avenue in Chicago pick up on a subtle theme in the neighborhood - the building's outdoor light fixtures brighten Broadway, two theaters perform in its first floor storefront, and Manhattan Liquors sits across the street.

But it doesn't need all those tricks. In the last few years Buena Park, a north side neighborhood on Lake Michigan, has become a hot neighborhood. Recent developments (including a massive Borders that opened in 2004, a row of intimate restaurants just south of the Sheridan stop on the Red Line, and balcony-laden condos throughout the neighborhood) mingle comfortably with some of Chicago's most beautiful historic homes.

But why this building?