FHA loan & safety issues in west Humboldt park

[Account Closed]

I’m about to close on a multi family in west Humboldt park. 2 units with an unfinished basement (plan is to turn the basement into a unit)

I'm on an FHA loan so I must live in one of the units for 1 year. But the thing is, the area is not… the friendliest/safest. What are some safety measures and precautions I can take? I will be putting up security cameras around the building and setting up an alarm for my unit.

But is putting a security camera on the garage to view the alley okay as well? Because if it’s fine, I’m doing it. 

What are some other precautions I can take? Any thoughts and experiences on west Humboldt ? I asked my girl friend to room with me but she’s nervous about the area as well. I really do think people will most likely leave me alone if I install cameras. But I can’t help to still be fearful. 

The reason I’m getting this property is because I see value in the following years and it’s a beautiful building. Everything about it is great except the area (for now) 

[Jonathan Klemm]

@Account Closed - What side of Humboldt Park is your property on?  I live on the NE side and there is no real concern of any problems.  I know if your property is on the SW side that is where the hottest (high crime) area would be, but also likely has the biggest upside.

There are definitely no issues putting up video cameras on the garage and I'd highly recommend it if you are at all worried.  Also, just make sure all your windows and doors are properly secured with good locks.

Lastly, I'd just make sure you make friends with all your neighbors right away.  Also, get the app "NextDoor" a lot of neighbors are on there and are in constant communication about what's going on in the Chicago neighborhoods.