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Updated about 6 years ago on . Most recent reply

Corey Miller's profile image
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Corey Miller
  • Member since Mar 10, 2019
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Corey Miller's profile image
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Corey Miller
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Corey Miller
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Chicago Real Estate Forum

Rental Properties in Chicago

Corey Miller
Posted

Hello, what is the concensus on investing in rental properties in Chicago knowing that the city has a shortage of affordable housing?

Chicago, Illinois
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Ibn Abney's profile image
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Ibn Abney
  • Rental Property Investor
  • from Chicago, IL
  • Member since Sep 26, 2016
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Ibn Abney's profile image
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Ibn Abney
  • Rental Property Investor
  • from Chicago, IL
  • Member since Sep 26, 2016
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Ibn Abney
  • Rental Property Investor
  • Chicago, IL
307
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Ibn Abney
  • Rental Property Investor
  • Chicago, IL
Replied

@Corey Miller great place to invest IMO.

1) nearly 60% of Chicago residents rent housing. 

2) when there is a shortage of anything, it creates higher prices (rents). Supply and demand!

3) Chicago is still a top tier city in regards to commerce, population, education. 

No Chicago is not perfect! My 2 cents

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