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Updated over 4 years ago on . Most recent reply

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Robert Andersen
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Robert Andersen's profile image
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Robert Andersen
  • Member since Oct 19, 2020
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Robert Andersen
7
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Chicago Real Estate Forum

Investing in West Lawn/Chicago Lawn area

Robert Andersen
Posted

I'm looking at a few 3/4 flat's in West Lawn/Chicago Lawn area. The numbers for this area look to good to be true. My primary concern with the area is - would I be able to find good tenants? 

Chicago, Illinois
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Jake Fugman
  • Real Estate Broker
  • from Chicago, IL
  • Member since Dec 25, 2016
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Jake Fugman
  • Real Estate Broker
  • from Chicago, IL
  • Member since Dec 25, 2016
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Jake Fugman
  • Real Estate Broker
  • Chicago, IL
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255
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Jake Fugman
  • Real Estate Broker
  • Chicago, IL
Replied

@Robert Andersen Im a big fan of this area, along with Garfield Ridge on the west side of airport. You get a neighborhood feel similar to nearby suburbs but much lower taxes. Demand in the area for multi family properties has pushed up prices in recent years so typically the deals that are showing even close to 10% CoC come with some rehab.

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