What are people doing in this market?

[Devin Londo]

I live in Chicago, Illinois, and am in the process of (trying) to do a 1031 exchange, but am having a really hard time finding a new deal that makes sense. 

What I'm seeing with interest rates and taxes going up, are most places don't do more than just cover their operating expenses. Maybe I'm looking in the wrong places, but I'd welcome anyone's insight on this. 

Thanks!