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Updated almost 6 years ago on . Most recent reply
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How the area at Chicago, IL 60617
Hi BP
I’m planning to buy a duplex here in Chicago, IL 60617 for $146k but I’m not sure of the area. Are the area high in tax? Is this tenant or landlord friendly? This duplex has section 8 tenants in place. One property manger told me this area is hard to evict tenants are tax high?
Both units rent for $2400 so the numbers looks very attractive but just not sure of the area and what to expect. Any feedback will be appreciated in advance.
-Kevin & Sandy
Most Popular Reply
@Kevin Zhang cash flow wise its a great area!!! Over the 2% rule.
definitely will need experience managing, but returns are there if you are comfortable.
reach out to @Tom Shallcross. He is crushing it in that area.
Best of Luck!