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Updated over 7 years ago,
South Chicago Suburbs
I am a newer investor who currently has 2 rental properties in Lansing, IL. I buy for cash flow and am so far happy with the area and returns. However, I don't want to put all my eggs in one basket and would like to invest in another town or two near by that are safe, have low taxes, and a rent to purchase price that makes the numbers work. I am from the Orland Park area but it's still hard to know which areas are recommended and will attract good renters with good returns. I am look for any feedback from investors who either have suggestions for Lansing or the following areas. It has been suggested that Dolton township is difficult to deal with and I hear Country Club Hills has high taxes. Here are some other areas I am investigating:
- Calumet City
- Calumet Park
- Lynwood
- Glenwood
- Riverdale
- Thorton
- Posen
- South Holland
- Matteson
- Richton Park
- Chicago Heights
- Burbank