Is this the right time to invest in Chicago and/or suburbs?

[Sam Patel]

It seems that the market in Chicago and Suburbs are quite hot! I'm hearing multiple offers for properties, even if the COC and monthly profit is not worth pursuing, at least in my opinion. For those investing in Chicagoland or suburbs, is this still a good time to invest? There's news that due to budget shortfall property tax increases are on the table, some folks are saying market will go down soon, etc... Is this the right time to invest or wait for it in early 2021 or mid-2021? I'm ideally looking at 2-4 units, but open to SFH if COC and monthly profit numbers make sense in a good neighborhood. I'm new to investing so may be not a bad idea to get more education and team in place before pursuing further. Thanks for your thoughts in advance.