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Updated over 5 years ago on . Most recent reply
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Opinions on Chicago Heights / Sauk Village, 60411?
Hi, I'm an out-of-state investor looking at properties in the 60411 zip code. I see the price-to-rent ratios in the area look favorable, and the crime report on NeighborhoodScout.com makes it look C-class but not terrible compared to other places I've seen. And rent rates appear to be on the upswing, according to Rentometer.com.
Anyone have strong opinions on investing in this area? Trying to figure out where it lies on the spectrum between "war zone" and "solid working-to-middle class".
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@Richie Thomas
There are definitely good pockets (Flossmor school district area) but watch out for taxes they are super high. Make sure any numbers you are running are WITHOUT the occupancy discount. Their crazy high property taxes are even higher for OOS investors.
Andrew