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Updated about 5 years ago on . Most recent reply

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Conor M.
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Wicker Park/Logan Square House Hack

Conor M.
Posted

Hi all! My wife and I are considering doing a house hack as our first real estate investment. We both live and work in Chicago and are looking to stay not too far from downtown. I've found some reasonable prices on duplexes in the Wicker Park, Logan Square, Bucktown area that might need a little work done. Seem to be doable w/ FHA and between 3.5-10% down. Does anyone have any experience in these neighborhoods/ideas for better MFH neighborhoods?

Thanks in advance!

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428
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Mike B.
  • Developer
  • Chicago, IL
349
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428
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Mike B.
  • Developer
  • Chicago, IL
Replied

I agree with @Jake Fugman. While I love to eat, drink and shop in the neighborhoods you're currently looking at, you're going to end up buying at the top of the market there. Irving Park, Avondale and Albany Park may be slightly better options with more upside potential. 

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