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.
Off Topic
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 about 10 years ago,

User Stats

64
Posts
8
Votes
Zulf H.
  • Investor
  • Chicago, IL
8
Votes |
64
Posts

What are great neighborhoos in Chicago for multi-unit investment?

Zulf H.
  • Investor
  • Chicago, IL
Posted

Hello BP members. Hope all of you are doing well. This post is probably more geared towards Chicago area investors.

I am looking to purchase a multi-unit building ( 3-6 units) in the Chicago area. I would like to get some ideas on what are the good areas to invest. I already own a few properties in Chicago  but want to to be sure that I am looking at the best location for my new investment. I am a buy and hold investor, so this property should retain or gain value in the long run. My criteria is

1)Good School district, high house hold incomes

2) Low crime and close to public transportation

3) Rental amount should be atleast over $1100(2br-2bath unit), Taxes should be reasonable, not like Skokir or park ridge 12K+

The areas or zipcodes would help.

Thanks,

Zulf.

Loading replies...