Best areas to invest around Chicago??
I have been an active investor/landlord in Western Suburbs in Chicago with rental properties in A/B class neighborhoods like Glendale Heights, Wheaton, Glen Ellyn and Downers Grove. However, good deals are drying up and I am planning to open myself for some other areas with more attractive price/cash flow properties.
Having said that, I was wondering about the good/attractive areas (from investment perspective) such as Blue Island, Orland Park, Tinley Park, Oak Forest, Shorewood, Crest Hill, Lockport, Yorkville, Plainfield, Romeoville, Bolingbrook. Any thoughts????
I do work with Section-8 tenants and okay with lower-mid class areas but for sure want to avoid any c-class tenant and issues related to that.
I would appreciate BP members views on these areas and if there are and red flags.
Please share your views, experience and thoughts....
Thanks!