Kenosha County Investing

[Michael Kretch]

I’ve been working on narrowing down where to invest and being in Chicago, there is no shortage of property types or demographics. If I were to look outside of the city and surrounding suburbs, one area I find interesting is Kenosha and Kenosha County. There are local jobs, new business and warehouses moving in and logistically the city is near both Milwaukee (also a very interesting area) and Chicago. I’ve taken a couple trips up there recently and driven around, still getting a feel for the rent rates and neighborhoods. Would anyone be able to provide any insight or advice on the area?  

[William Powers]

Good area. Housing stock is good, job growth, and good renters. Issue is the rental rates are 20-30% less than IL. Make sure your buy is sub $45k if you select kenosha so you can achieve as close to 2% as possible.