Market Trends & Data
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 10 hours ago,
Suburban Chicago: One of the Hottest Rental Markets in the U.S.!
Hey fellow suburban Illinois BPers -
Not sure if this has been sent/shared previously, but thought it'd be good to recap - Chicago Agent Magazine recently reported that suburban Chicago was ranked the second-hottest rental market in the nation (Here’s the article.).
This confirms what a lot of us have seen: demand for rentals is really strong in the suburbs right now. Low vacancy rates, rising rents, and high tenant demand for more space/good school districts. These areas are super attractive for investors.
It's not hard to see why. I still think if you're an investor, you need to run your numbers carefully.
What Do You Think? I’d love to hear your thoughts:
- Are you seeing this same rental demand in your investments?
- Any tips for navigating the competition in such a hot market?
- For those new to the area, are you considering these areas for your next deal?
If you’re already investing in areas like Naperville, Wheaton, or anywhere nearby, let’s chat! Always happy to connect and learn from others working in this market.
Looking forward to hearing what you think!
Cheers,
Jason Briesemeister
@jbthereguy
Illinois Realtor & Investor