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Updated over 8 years ago on . Most recent reply
Investment Near Noisy Train
Interested to get advice on what range of discount people have seen on properties that are adjacent to loud public transportation.
I'm looking at a brick 3-Flat in Chicago that is immediately next to the elevated train line.
Since this would be buy-and-hold, I'm not overly concerned with resale value at this time, but curious on what this might mean for rent and how I should factor that into an offer.
The seller has provided the rent roll but as typical, they claim these are below market rents.
Thanks for the help.