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Updated over 6 years ago, 08/28/2018
Chicago Investors: Thoughts on Illinois Medical District?
Hey all,
For those investing in Chicago, I'm curious what your thoughts are on the Illinois Medical District area. Most deals I've looked at & offered on are on the North side so I'm not hugely familiar with the area, but there looks to be a lot of investment pouring into it (The Gateway project, Cook County Hospital redevelopment, etc.) and rents seem pretty strong. Does anyone have experience investing here? Any feedback on vacancy rates & tenant class? I think it could be a good area to invest in but would love some insight from those more familiar with the area.
Thanks in advance.