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Updated over 6 years ago on . Most recent reply

User Stats

123
Posts
38
Votes
Francis Rusnak
  • Flipper/Rehabber
  • Chicago, IL
38
Votes |
123
Posts

Best cash-flowing areas for Rentals in Chicago Area

Francis Rusnak
  • Flipper/Rehabber
  • Chicago, IL
Posted

What have you found are the best areas to get buy-and-hold rentals in the Chicago area with good true cash flow?


Looking most at price to rent ratios with a combination of good area.

Prefer South and West Suburbs. I'm staying out of Englewood and the rough crime-infested areas in Chicago, no Harvey, Riverdale, Robbins, etc. 

What I've found is you can get good rents fro South Suburban towns but property taxes are so high in Dolton, Olympia Fields, etc. that it is hard to cash flow after accounting for maintenance and cap X. 

Most Popular Reply

User Stats

12
Posts
11
Votes
Deserie Aponte
  • Chicago, IL
11
Votes |
12
Posts
Deserie Aponte
  • Chicago, IL
Replied

East Humboldt Park, Avondale, and Hermosa! West Humboldt Park is great for a buy and hold strategy for now. 

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