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Chicago Cap Rates by Neighborhood - Heat Map
![Normal 1569258510 Chicago Cap Rate Heat Map 2019](https://assets0.biggerpockets.com/uploads/uploaded_images/normal_1569258510-Chicago_Cap_Rate_Heat_Map_2019.png)
Hello to all my blog readers out there!
Here is a heat map of Chicago Cap Rates by neighborhood.
Neighborhoods with a darker shade, have higher cap rates.
If a neighborhood has a lighter shade, it means the cap rate is lower in that area.
If a neighborhood has no shade at all, it means there were no multi-family sales for the time period.
The time period was the 2 year period ending in September 2019.
The cap rates are based on sales of multi-family properties (5+ units).
This sales data was taken from the Multiple Listing system.
The median cap rate in Chicago is about 6.8%.
I spent a lot of time putting this heat map together,
so I hope you find this information useful.
If you have any questions, please send me a note: [email protected]
You can also text me at 773-354-6693 or visit me online at: www.buybronzeville.com
Thanks,
Mark Killion, Real Estate Broker
Kale Realty – 2447 N Ashland Ave – Chicago, IL 60614
Cell: 773-354-6693
Visit me online today: www.buybronzeville.com
Equal Housing Opportunity
Comments (2)
This is great info, thanks for putting this together, Mark.
Wesley A Red, about 4 years ago
This heat map is an awesome resource! Thanks for putting in the work to develop this!
Demetrius Davis, about 5 years ago