Investing in Chicago :: Good, or Bad?

[Dee Jay]

I am considering a 1031 exchange of an investment property I have in Los Angeles (one of four) out of State to get better cash flow returns, as I have a lot of equity. I have been looking at Chicago, along with other areas. I travelled there last month to see the City (and a good amount of properties) in person. I also met with several brokers and prop. managers. I know that Chicago has it's fair share of economic and political issues, but it's also a big City with a lot of positive aspects. 

Wondering if anyone has invested in Chicago, and if so, how the investments are doing? 

[Ibn Abney]

Dee Jay I hate when people who don’t invest in Chicago or live here, speak on Chicago investing.

Every Large MSA have several sub markets and not all move in the same direction and grow at the same rate.

Even within the city, folks tend to only know one side of the city as the area is so large and dense.

Plenty of great areas and inventory in Chicago!!! Yes the market is doing well but deals are there!!