Chicago Real Estate Forum
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 6 years ago,
South Shore Chicago Rental Market
I am have been presented an opportunity to purchase two multi-unit properties in South Shore in the high 70's around the Phillips and Colfax area. I wanted to get the boards opinion about the area regarding crime, the rental market as there seems to be alot of renovated units on the market so I am concerned about absorption and lastly thoughts on rental rates if you have experience in the market.
Any help would be greatly appreciated.
Thanks in advance