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.
Chicago Real Estate Forum
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 over 7 years ago, 03/22/2017

Account Closed
  • Rolling Meadows, IL
5
Votes |
20
Posts

Will $1100 rents work in Little Village?

Account Closed
  • Rolling Meadows, IL
Posted

So there are a couple of cool things that'll be happening to Little Village.

Apart from business and development, the way i see it is that residents of Pilsen are being pushed out due to gentrification and my prediction is that they relocate to Little Village. Little Village still has their fair share of crime. If youre investing south of 26th street, crime is better there but then youre faced with being far from the Pink lines. What im asking is: would you believe that purchasing a multi unit property in Little Village is ideal, south of 26th street and would it be possible to pull off $1100 rents consistently if the place is nicely displayed? The way I see it is that if you have 200k to spend on a two flat you only have a couple of options: Little Village, East Garfield Park, McKinley Park, and Brighton Park. I think the best choice out of these neighborhoods is Little Village due to the livability of these neighborhoods. The neighborhood that has the best future outlook is East Garfield Park due to its proximity to West Loop and downtown itself, but something extraordinary has to happen to really turn that place around in my opinion. Feel free to express your thoughts here. I'd like to hear some of your feedback.

-Tony

Loading replies...