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Updated over 3 years ago, 04/06/2021
City of North Chicago Thoughts?
I am looking to purchase a property in the city of North Chicago, IL and am in the market research/serious consideration phase. I have found a few interesting properties on the market that look attractive to me, but I want to get more information on the region. Anyone who is familiar with the area, can you tell me some of your thoughts on North Chicago investing?
- What are the vacancy rates we're seeing there?
- What are some of the interesting locations that renters find attractive?
- Is there a large or at least present student population with Rosalind Franklin University? If so, how does the university affect the market, and how distant from the campus do students typically rent?
- Does the metra stop affect housing prices/rent compared to other locations in the city?
- What's the prospects for the town? Are people leaving for other cities, or does it have a stable population?
Just curious on any information you can give. All part of my due diligence. Thanks!