Appreciation/potential of northwest indiana

[Robert Regis]

Does anyone know of the appreciation potential in northwest indiana? I am from Chicago and the political climate and high tax rates seem like it would be rife with opportunity. Illinois has more people leaving the state than any other due to the high tax burden caused by the pensions. If you have a good job in Chicago, it would make sense to move to NWI due to the proximity and the south shore line. You are essentially living in a chicago suburb without the prices. I have been examining the market and it seems very stable/affordable. Does anyone have a insight into NWI, specifically Hammond? I've seen mansions that would be worth at least a million in oak park go for very cheap in parts of hammond. Is it more of a cash flow play or appreciation? Appreciation potential seems to be there.

[Ranny Ma]

And just to follow up on OP's question, is Hammond considered a B neighborhood? 

[Robert Regis]

@Ranny Ma I believe parts of Hammond are B and C class neighborhoods. It depends on which parts that you go to.