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Updated over 6 years ago on . Most recent reply

User Stats

17
Posts
2
Votes
Yan B.
  • BUFFALO GROVE, IL
2
Votes |
17
Posts

Investing in Chicago area: is it still worth it?

Yan B.
  • BUFFALO GROVE, IL
Posted

Greetings fellow investors,

I am complete noob, been looking to buy a 3-4 unit somewhere in Chicago area, preferably in the north-west or west suburbs. My question is, with rising taxes, anti-landlord regulations, stagnant job growth, and people leaving the area, is it still a good idea to buy an investment property here? Would I be better off somewhere else?

Thanks in advance.

Most Popular Reply

User Stats

318
Posts
307
Votes
Ibn Abney
  • Rental Property Investor
  • Chicago, IL
307
Votes |
318
Posts
Ibn Abney
  • Rental Property Investor
  • Chicago, IL
Replied

@Corby Goade Very well said!!!

@Yan B. Did you hear the Elon Musk announcement yesterday!!??

Forget the burbs.. the City if Chicago is the place to be IMO!!

https://www.reuters.com/article/us-musk-tunnel/elo...

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