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Updated almost 3 years ago,

User Stats

227
Posts
477
Votes
Austin F.
  • Investor
  • Michigan
477
Votes |
227
Posts

Chicago area investment oppurtunity

Austin F.
  • Investor
  • Michigan
Posted

Long story short my sister is having a child and my mother wants to purchase a place close to her so she can help with that.



We (mother and I) are looking to make this an investment opportunity instead of renting, most of my

investments are high cash flow SFHs in Michigan, but I have recently begun stepping into apartment complexes. I grew up in the

Chicago area, but left 15 years ago, so the Chicago real estate market is a totally new animal for me, and I'm not sure where to

start. Looking for connections and opinions on how to proceed. Seems that cash flow is a tough ask here, and I personally don't

see Chicago as a big appreciation market but I may be wrong?



The area we are looking in is north of Glenview and south of Northbrook, somewhat near Tecny. Sorry if this is a bit wandering,

just learned about all this this morning, so haven't fully put together my thoughts. Thank you for your responses

Edit: Can't find the Chicago local forums now so this is just going in general

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