Experienced Chicago Area Investors

[Ahmed H]

I have been searching for multi family units around Chicago to buy my first rental property, but have found it to be quite a difficult task.

For investors familiar with the area, what neighborhoods have you found to have the best tenants?

I want to buy in a good neighborhood while still getting a decent return. This pretty much eliminates everything between Lincoln Park and downtown as they are too expensive. Because it is my first house, I am looking to buy a house ready to go and rent it out. I am not really looking to make repairs or fix anything and am willing to take a slightly lower return because of that.

[Brie Schmidt]

@Ahmed H I agree with the neighborhoods that @John Weidner suggested. If I were to look south I would invest near UIC or U of C (Hyde Park) and Pilsen and even South Shore