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Updated about 9 years ago,
Duplex in South Chicago
Im analyzing a deal that looks pretty good on paper. Its through a turnkey company Eliteinvest. The property is on S Coles AveCHICAGO, IL60649 price is 175k projected rent is 1100 each unit, total 2200. I believe it could be a good deal short turn but the tenants would be section 8 and the area is not the best area. It is close to the water though. Does anyone have any good or bad experiences with Elite. Anyone with knowledge of the area think this would be too risky in the long run?