New to Chicago and Looking to do my first House Hack

New to Chicago and Looking to do my first House Hack

Rental Property Investor · Chicago, IL · Member since 2020 · 1 post · 2 votes

Hello Bigger Pockets Fam!

I’m looking to do my first house hack in a safe and profitable area south/southwest/west of the loop.

I’m looking for recommendations on areas and investor savvy realtors and lenders.

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Jake FugmanBusiness Member
Real Estate Broker · Chicago, IL · Member since 2016 · 256 posts · 250 votes
5y

@Paul De Luca  thanks for the shout out!  

@Nicole Scott depending on your size and budget Ive seen some solid 2-4 unit deals done recently on the west side of Pilsen and portions of Bridgeport.  Both areas are seeing solid growth and have price points slightly lower compared to some area on the NW side like Logan Square and Avondale.  

The Axon Group4.981 Reviews
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  • Mark AinleyBusiness Member
    Property Manager · Roselle, IL (Chicago Suburb) · Member since 2013 · 2k+ posts · 1k+ votes
    5y

    @Nicole Scott You should talk to @Brie Schmidt @john warren and her team for an awesome Realtor.  Then @chris Puleo for a great house hack lender.  

  • Harjeet BhattiPro Member
    Lender · Glenview IL- CDLP NMLS#230554 · Member since 2015 · 2k+ posts · 747 votes
    5y

                                                                                     

    @Nicole Scott You can reach out to @Crystal Smith She is works with Investors.

  • Real Estate Agent · Chicago, IL · Member since 2018 · 1k+ posts · 1k+ votes
    5y

    @Nicole Scott

    I recommend connecting with @Jake Fugman for an investor friendly realtor and @Zack Karp for a great lender!

  • Real Estate Broker · 3412 S. Harlem Avenue Riverside, IL 60546 · Member since 2015 · 6k+ posts · 5k+ votes
    5y

    @Mark Ainley thanks for the shout out. @Nicole Scott I would love to connect. The west and southwest sides have a lot of great areas for house hacking. All areas are competitive these days, but we have sold very solid house hack deals recently in Humboldt Park, Portage Park and Little Village. We also have sold several great deals in the near west suburbs in La Grange, Berwyn and Forest Park. Once you locate a few areas you like, you have to start running numbers to build the analysis muscle so you are ready to pounce when a great deal shows up. 

  • Zack KarpPro Member
    Lender · Schaumburg, IL · Member since 2015 · 833 posts · 774 votes
    5y

    @Paul De Luca thanks for the tag!

    @Nicole Scott Welcome to BP and congrats on taking the first step towards real estate investing!  I work with a lot of BP members with their house hack financing, if you have any lending questions let me know!

  • Jake FugmanBusiness Member
    Real Estate Broker · Chicago, IL · Member since 2016 · 256 posts · 250 votes
    5y

    @Paul De Luca  thanks for the shout out!  

    @Nicole Scott depending on your size and budget Ive seen some solid 2-4 unit deals done recently on the west side of Pilsen and portions of Bridgeport.  Both areas are seeing solid growth and have price points slightly lower compared to some area on the NW side like Logan Square and Avondale.  

    The Axon Group4.981 Reviews
  • Jonathan KlemmBusiness Member
    Moderator
    Contractor · Chicago, IL · Member since 2016 · 4k+ posts · 2k+ votes
    5y

    @Nicole Scott - Wow already a ton of rockstars on your forum post already!  I'd recommend any of the people above and will throw a couple of other names into the hat because networking with all these people is key to becoming a successful real estate investor.

    @Eudith Vacio is a really great agent asset if you are looking on the South/West side of Chicago.  She'll really understands what you are looking for and provides great service.  Also, from a financing perspective, I'd be sure to talk with @Michael Barbari and @Michael Facchini.  

    What type of price point are you going to be looking at?

  • Eudith VacioPro Member
    Real Estate Agent · Chicago & NWI · Member since 2015 · 860 posts · 521 votes
    5y

    Thanks for the shoutout, @Jonathan Klemm!

    @Nicole Scott

    @Nicole Scott would love to connect with you. Which neighborhoods were you considering? Southside is my niche and I myself own a few properties out here. 

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