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Updated over 3 years ago,
Finding the 1% Rule in Chicago
Has anyone bought stabilized rentals lately in the Chicago area that comes close to the 1% rule? Curious what your latest numbers look like?
For reference, I've been seeing properties asking around 0.85%- 0.9%. And to provide some context, no, this is not how I evaluate deals, this question is purely for discovery what others in the Chicago market are seeing.