Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 3 years ago,

User Stats

8
Posts
4
Votes
Vaidehi Telkar
4
Votes |
8
Posts

Guidance for a newbie investor in the Chicago market

Vaidehi Telkar
Posted

I am looking to make a real estate investment purely for rental income and investment purpose. I am looking more for a long (ish) term investment which can generate decent cash flow and grow in value in the future. What would be the best areas to invest in and around Chicago for multi family units? Investing in condos - is it a bad idea? 

For reference I live in the South Loop area and definitely love it. I am open to investing in and around the city, also would be ok with the suburbs. Have been looking at Aurora as a prospective location. 

Also, any tips for finding good listings? 

Loading replies...