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Updated over 7 years ago on . Most recent reply
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Melrose Park: Would you invest? Or you already do?
Good evening dear members!
I am fairly new to REI and looking into Melrose Park as a potential investment area for a multi family. It sounds to be much safer compares to Maywood and Bellwood neighborhoods where they still have few Latino gangs (from conversation with Police officer). It also seems to be C class area from what i can see from here.
Please correct me if i wrong and i would appreciate any info regarding this area as your home or an investment area.
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I live in Melrose Park. It’s a good area to invest. But I have seen the prices soar. I have not found anything at a good price. Lost of “ok “ deals. But if u can find the asset at a price that makes sense I say go for it.