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Updated about 10 years ago on . Most recent reply

Eddie Allen's profile image
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Eddie Allen
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  • from San Diego, California
  • Member since Mar 27, 2016

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Eddie Allen
  • Professional
  • from San Diego, California
  • Member since Mar 27, 2016
Eddie Allen
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  • San Diego, CA
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General Landlording & Rental Properties

Investing in Chicago MF

Eddie Allen
  • Professional
  • San Diego, CA
Posted

I am looking to invest in  a 7-unit MF apartment in Chicago market, specifically between Cicero and Oak Park. Does anyone have feedback or experience in this market? I've been told landlords don't have a lot of leverage should renters  decide not to pay there rents. Any issues with Section 8 renters?

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Mark Ainley's profile image
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Mark Ainley
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  • from Roselle, IL (Chicago Suburb)
  • Member since Dec 13, 2013

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Mark Ainley
  • Property Manager
  • from Roselle, IL (Chicago Suburb)
  • Member since Dec 13, 2013
Mark Ainley
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  • Roselle, IL (Chicago Suburb)
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Mark Ainley
  • Property Manager
  • Roselle, IL (Chicago Suburb)
Replied

@Eddie Allen you should still be able to get some good tenants that way but if you go the Section 8 route that falls under cook county housing vs Chicago housing so that is a plus!!

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