Multi-family in chicago suburbs or northwest indiana

[Mike Andrews]

Hey guys,

My parents are looking to get out of their current home and downsize at retirement, and I was wondering what the multi-family inventory looks like in the chicago area or northwest indiana area?

The ideal situation would be something affordable in the west suburbs of chicago that's a duplex/triplex/quad type of situation.

We don't need positive cashflow since they would live in one of the units, but if the other tenants could get close to paying 50-100% of the mortgage that might be a good enough solution for them.

Any safe/liveable neighborhoods you'd start looking idea?

Preferred locations (which are probably in opposite ordering of ROI):

1. Near downers grove

2. Other western suburbs within 30min of downers grove, non-cook county to keep taxes low

3. Possibly open to northwest indiana if the investment is very good