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Updated almost 5 years ago on . Most recent reply

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70
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14
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Colin M.
14
Votes |
70
Posts

Best neighborhood to invest in MF in Chicago right now?

Colin M.
Posted
Whats your views on this?

I've my eye on South Side / South Shore.....

Thoughts on best places to buy a MF?

Most Popular Reply

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428
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349
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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

Little Village has a pretty healthy balance of cash flow with appreciation. The barrier of entry is lower than the north side neighborhoods. It's a strong rental community and there's a ton of development happening. Your close to public trans (pink line), close to expressways (55 to the south 290 to the north), it's next door to Pilsen, the Paseo trail should yield similar results as the 606, multimillion dollar developments in North Lawndale, 31st & Kedzie, etc... and it's very easy to get downtown. I'm also optomistic on McKinley Park as well.

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