Real Estate Deal Analysis & Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago, 08/07/2018
[Calc Review] Chicago Triplex - Help me analyze this deal
*This link comes directly from our calculators, based on information input by the member who posted.
Hey BiggerPockets,
I have found a potential deal on a multi-family in Chicago that may cash flow but unfortunately is in a C-neighborhood (and also right next to a major metro airport so maybe noise factor will be bad). However, the building is relatively good condition (constructed in 1983) and could attract local airport workers that don't want to commute. Rent prices for each of the units are above the average for this area for that reason, but maybe that's too idealistic for this C-neighborhood. Any thoughts?
Thanks for the help,
Lewis